AUDUBON, Pa., Jan 15, 2013 (BUSINESS WIRE) — Globus Medical, Inc. GMED +6.25% , a leading spinal implant manufacturer, today announced preliminary unaudited sales results for the year ending December 31, 2012, in advance of its national sales meeting being held later this week. The company anticipates fourth quarter sales of $100.5 million, a 14.3% […]
NEWS
Stryker Provides Prelim 4Q Results
Orthopedic devices major, Stryker Corp. (SYK – Analyst Report) has pre-announced its fourth-quarter and full year 2012 results and provided its outlook for 2013. The company will report its financial results on Jan 23, after market closes.Sales Growth Exceeds GuidanceAccording to the Michigan-based company, revenues for the fourth quarter increased 5.5% (6.1% on a constant […]
GE Capital Closes $21.5 Million Senior Secured Credit Facility for Amedica Corporation
BETHESDA, Md., Jan 09, 2013 (BUSINESS WIRE) — GE Capital, Healthcare Financial Services announced today that it is serving as administrative agent on a $21.5 million senior secured credit facility for Amedica Corporation. The financing will be used for working capital to support growth.Headquartered in Salt Lake City, Amedica is a spine and orthopedic implant […]
ZIP 51
The ZIP 51 is Aurora Spine’s minimally invasive interspinous fixation implant for spinal fusion and was developed as an alternative to pedicle screw fixation. The ZIP 51 implant is designed for stabilization and load sharing during T1-S1 thoracolumbar fusion procedures as an adjunct to interbody fusion, specifically for the treatment of degenerative disc disease, spondylolisthesis, […]
ZIP LP
ZIP LP is Aurora Spine’s slimmest minimally invasive interspinous fixation implant for spinal fusion and was developed as an alternative to pedicle screw fixation. The ZIP LP implant is designed for stabilization and load sharing during T1-S1 thoracolumbar fusion procedures as an adjunct to interbody fusion, specifically for the treatment of degenerative disc disease, spondylolisthesis, […]
ZIP ULTRA
The ZIP ULTRA is Aurora Spine’s minimally invasive interspinous fixation implant for spinal fusion and was developed as an alternative to pedicle screw fixation. The ZIP ULTRA implant is designed for stabilization and load sharing in T1-S1 thoracolumbar fusion procedures as an adjunct to interbody fusion, specifically for the treatment of degenerative disc disease, spondylolisthesis, […]
Paradigm Spine, LLC Announces that Its Coflex® Can Be Covered In The States Of Alabama, Georgia And Tennessee
NEW YORK, Jan. 7, 2013 /PRNewswire/ — Paradigm Spine, LLC, a provider of innovative spinal implant technologies, announces the favorable Medicare determination by Cahaba Government Benefit Administrators, LLC® (Cahaba GBA) for the Company’s landmark coflex® interlaminar technology in the states of Alabama, Georgia and Tennessee. Coflex®, a post-decompression and motion preserving interlaminar stabilization device, has […]
Can Spineguard Shake-up the $7 Billion Market with its safety oriented Technology?
SpineGuard, based in San Francisco and Paris, is addressing a major unmet need in spine surgery: the safe placement of pedicle screws for both patients and OR personnel. PediGuard®, its core technology, is the world’s first and only handheld device capable of alerting surgeons to potential pedicular or vertebral breaches during pedicle screw site preparation.By […]
Vertiflex®, Inc. Announces FDA Clearance of Two Key Additions to Technology Portfolio
SAN CLEMENTE, Calif. —VertiFlex®, Inc., a leading innovator of advanced minimally invasive spinal surgery technologies, today announced FDA 510(k) clearance of two new products to its portfolio: The Totalis™ Direct Decompression System and UniVise™ Spinous Process Fixation System.“These regulatory clearances represent important milestones for VertiFlex® as we rapidly expand our portfolio of innovative interspinous technologies,” […]
Orthofix International Announces the Launch of the CONSTRUX® Mini PEEK Titanium Composite™ (PTC) Spacer System
Orthofix International N.V., (NASDAQ:OFIX) (the Company) announced today the launch of the CONSTRUX® Mini PEEK Titanium Composite™ (PTC) Spacer System through its spine distribution network. This anterior cervical interbody system incorporates a unique technology that combines the benefits of PEEK’s imaging capabilities with the potential of bone ingrowth from porous titanium endplates.Dr. Scott Stanley, Medical […]
SpineFrontier Releases Invue Max: Anterior Cervical Plate
Beverly, Massachusetts (PRWEB) January 08, 2013SpineFrontier, Inc., a medical device company focused on developing less exposure surgery (LES) technologies, announced today that it has released it’s newly designed anterior cervical plate, Invue Max.The Invue Max Anterior Cervical Plate System, is the latest technology from SpineFrontier, Inc designed with one goal in mind: Fixation of the […]
DFINE Announces Exclusive Distribution Agreement with Biomet
SAN JOSE, Calif.–(BUSINESS WIRE)–DFINE, Inc., the developer of minimally invasive radiofrequency (RF) targeted therapies for the treatment of vertebral pathologies, today announced it has entered into an exclusive distribution agreement with Biomet, Inc. for its StabiliT® Vertebral Augmentation System in Spain and Portugal. The term of the distribution agreement will be for three years.“The agreement […]
Stryker Announces Appointment of Scott Bruder, MD, PhD to the Position of Vice President, Chief Medical and Scientific Officer
Kalamazoo, Michigan – (January 7, 2013) – Stryker Corporation (NYSE:SYK) announced that Scott P. Bruder, MD, PhD has joined the Company in the newly created position of Vice President, Chief Medical and Scientific Officer, reporting to Kevin A. Lobo, President and Chief Executive Officer. In this role, Dr. Bruder will oversee the clinical and scientific […]
Alphatec gains 510(k) clearance for cervical interbody device, fixation system
Alphatec Holdings Inc. was granted 510(k) market clearance from the FDA for the Pegasus and the Illico FS Facet Fixation System, according to a company news release.The Pegasus is an anchored, anterior cervical interbody device which offers single-step deployment of the anchoring blades without impaction. The Illico FS Facet Fixation System is a new minimally […]
Orthofix Concludes Bone Growth Stimulator Investigation
LEWISVILLE, Texas–(BUSINESS WIRE)–Orthofix International N.V., (OFIX) (the Company) announced today that it has resolved all matters related to the investigation of its bone growth stimulation business. Consistent with the agreement in principle that the Company previously announced in May 2011, the Company will pay approximately $43 million to resolve all civil and criminal matters, which […]
Mazor Robotics Announces Foundation Surgical Hospital of San Antonio Purchases its Renaissance System
CAESAREA, ISRAEL — Mazor Robotics Ltd. (TASE: MZOR), a developer of innovative surgical robots and complementary products, today announced that Foundation Surgical Hospital (FSH) of San Antonio, Texas purchased its Renaissance™ system. This system sale marks the fifth Renaissance installation in the state of Texas and the 20th U.S. installation in 2012.Foundation Surgical Hospital of […]
FDA gives Zimmer recall its most serious score
WASHINGTON — The Food and Drug Administration said Friday that more than 300 spinal surgical instruments recalled last week by Zimmer Holdings Inc. could potentially cause serious injury or death. Zimmer announced Dec. 20 it was recalling 315 Peek Ardis Inserters after reports that the devices could cause surgical delays and injury when used with […]
TransCorp Spine surgical system attracts national peer-review award
The Brain + Spine Center in Holland Township has announced that the SpinePort surgical system co-invented by the clinic’s neurosurgeon, Dr. David W. Lowry, and physician assistant Scott M. Tuinstra has received a 2012 Spine Tech Award from the trade publication Orthopedics This Week.The publication’s annual awards are determined by a peer-review process and recognize […]
Global Spine Surgery Medical Devices Market Analysis & Forecast to 2018
Medical companies bend over backwards to meet need for advanced spinal surgery devices and the market for spinal surgery devices is being driven forward, as patients are offered safer, more reliable surgery that will preserve natural movement and prevent degeneration of the spine and this new report looks at spinal surgery devices, which are used […]
Lanx Launches Patient Education Website on Minimally Invasive Spinal Fusion
BROOMFIELD, Colo., Dec. 20, 2012 (GLOBE NEWSWIRE) — Lanx, Inc., a privately held medical device company focused on developing and commercializing innovative devices for spinal surgery, today announced the launch of a new educational website for patients suffering with chronic back and leg pain, www.MinimallyInvasiveSpineFusion.com. The website includes information on the common causes of pain, […]
NuVasive® Announces First Patient in the United States Treated With the PCM® Cervical Disc Following FDA Approval
SAN DIEGO, CA–(Marketwire – Dec 20, 2012) – NuVasive, Inc. (NASDAQ: NUVA), a medical device company focused on developing minimally disruptive surgical products and procedures for the spine, announced that Paul Sawin, M.D., performed the first PCM Cervical Disc surgery on a patient in Orlando, Florida, today. Surgeon proctors, who will instruct upcoming training courses, […]
Pioneer™ Surgical Technology, Inc. Expands German Market Presence
Marquette, Michigan and Houten, The Netherlands (PRWEB) December 20, 2012In a move to expand its foothold in the German market,Pioneer Surgical Technology today announces the creation of Pioneer Surgical Technology Deutschland GMBH, with offices located in Konstanz, Germany. The expansion positions Pioneer Surgical closer to its surgeon and hospital customers in Germany by establishing a […]
Aurora Spine Becomes ISO certified by the British Standards Institute.
Carlsbad CA- December 19th, 2012- This is an exciting time at Aurora Spine as they successfully completed the ISO stage 1 & 2 audits in November, and are now ISO certified by the British Standards Institute (BSI). The ISO 13485 standard “Medical Devices — Quality Management Systems — Requirements for Regulatory Purposes” provides the base […]
Zimmer Spine issues worldwide recall of interbody spacer inserter
Zimmer Spine Inc. initiated a voluntary worldwide recall of the PEEK Ardis Inserter, a surgical instrument used to implant the PEEK Ardis Interbody Spacer, according to a press release dated December 20, 2012.The inserters are being recalled because Zimmer Spine received reports of the Ardis implant breaking when it is subjected to “excessive lateral and/or […]
Medical companies bend over backwards to meet need for advanced spinal surgery devices
Media release from GBI ResearchThe market for spinal surgery devices is being driven forward, as patients are offered safer, more reliable surgery that will preserve natural movement and prevent degeneration of the spine, states a new report by healthcare experts GBI Research.The new report* looks at spinal surgery devices, which are used for the treatment […]
Amedica Unveils New Website To Serve As Complete Resource On Silicon Nitride
SALT LAKE CITY, Dec. 19, 2012 /PRNewswire via COMTEX/ — Amedica Corporation, a spinal and reconstructive medical device manufacturer, today unveiled its new website, providing the community with a comprehensive resource on Silicon Nitride (Si3N4) for spine interbody fusion procedures and other orthopedic applications. Site enhancements and upgraded navigation capabilities now enable visitors to quickly […]
Ortho Kinematics Raises $2 Million in New Funding
AUSTIN, Texas – December 18, 2012 — Ortho Kinematics‚ Inc (OKI) a privately held healthcare diagnostics company focused on spine imaging informatics, announced today the close of more than $2 million in its Series B financing. These new funds will support the continued commercialization of its VMA (Vertebral Motion Analysis) technology. OKI is currently in […]