SANTA ROSA, Calif., Oct. 15, 2012 –/PRNewswire/ — Osseon Therapeutics, Inc. is gearing up for growth as European sales now account for over 40% of sales since new product introductions in Europe.Osseon’s newest product, the Osseoflex® SB, represents the first technological advance in vertebral augmentation devices in years. The Osseoflex SB steerable bone tamp, introduced […]
NEWS
Spinal devices maker NuVasive’s chickens come home to roost
It’s funny how decisions you once make may come back to haunt you.That bitter medicine is what NuVasive(NASDAQ: NUVA), once an upstart in the medical world and maker of spinal products, and now a larger player, has been tasting.Last week, investors punished the stock of the San Diego company, taking away a third of its […]
Medtronic’s $816 Million Bet on China Kanghui
Medtronic, Inc. is placing an $816 million bet on the Chinese orthopedic market by acquiring Chinese orthopedics company, China Kanghui Holdings, for cash.Omar Ishrak, Medtronic’s CEO, announced that he pulled the trigger on Medtronic’s biggest acquisition since he took charge at the company last year after the markets closed on September 27. He had been […]
TranS1 Inc. Announces Distribution Agreement in China
WILMINGTON, N.C., Oct. 10, 2012 (GLOBE NEWSWIRE) — TranS1 Inc. (Nasdaq:TSON), a medical device company focused on designing, developing and marketing products to treat degenerative conditions of the spine affecting the lower lumbar region, announced today the signing of a distribution agreement with Beijing Jiade Sunshine (“Jiade”).The distribution agreement covers the sale of AxiaLIF® products […]
Medtronic Launches BRYANR Cervical Disc with ACD Instrument Set
MEMPHIS, TENN. – October 8, 2012 – Medtronic, Inc. (NYSE: MDT) today announced it has initiated the commercial introduction in the United States of the ACD Instrument Set, a brand new set of instruments that can be used to insert the clinically proven BRYANR Cervical Disc. The BRYANR Disc was FDA approved in 2009 for […]
Spinal Surgery Company To Give Tissue Proceeds To Charity
When a California company developed a product to be used in spinal fusion surgeries, the firm’s president said he knew it faced a new “ethical dilemma,” even noting a recent NPR news investigation questioning the high profits some firms were making from donated human tissue.Spinal Elements, a small and growing company, had long made plates, […]
Amedica Names Distinguished Orthopaedic Executive Eric K. Olson to Board of Directors
SALT LAKE CITY, Oct. 4, 2012 /PRNewswire/ — Amedica Corporation, a spinal and reconstructive medical device manufacturer, announced today that its Board of Directors unanimously elected Eric K. Olson, the company’s President and Chief Executive Officer, to its Board of Directors.Mr. Olson has been instrumental in the development and expansion of sales and marketing for […]
NuVasive sees third quarter revenue below expectations
The company said “an unusually high” number of customers turned to competitors and it also faced pressure since many surgeon customers complained of increased delays and denials from insurance payers.”(The spine surgery market) is pretty competitive and NuVasive has always relied on taking away market share away from Medtronic Inc,” Northland Securities analyst Suraj Kalia […]
Pinnacle Spine Group Announces FDA Approval for the InFill® Direct Lateral System
Dallas, Tx (PRWEB) October 02, 2012Pinnacle Spine Group, LLC, (“Pinnacle”) a Dallas, Texas-based company that designs, develops, manufactures and markets spinal implants and instruments, announces the FDA approval and market availability of its patented InFill® System for direct lateral spinal fusion procedures in treatment of various spinal pathologies. The System consists of the InFill® Interbody […]
Amedica Receives FDA 510(k) Clearance For A Second Generation Interbody Fusion Device System
SALT LAKE CITY, SEPT. 27, 2012 — /PRNewswire/ — Amedica Corporation, a spinal and reconstructive medical device manufacturer, announced today it has received 510(k) clearance from the U.S. Food and Drug Administration to legally market a second generation family of cervical and lumbar interbody fusion devices (IBF) manufactured with the company’s proprietary Silicon Nitride biomaterial. […]
Medtronic buys Chinese orthopedics company, its first Chinese acquisition, for $755 million
Medtronic (NYSE:MDT) announced late Thursday that it is buying a Chinese orthopedics company marking the company’s first acquisition in that populous Asian nation.The Minnesota medical device maker said that it is buying China Kanghui Holdings for $816 million in cash but excluding Kangui’s cash the transaction is worth $755 million. Kangui trades on the New York […]
Alphatec buys Phygen assets for $15 million
Alphatec Holdings Inc.’s board has approved plans to buy certain assets of Phygen LLC, a spinal implant manufacturer based in Irvine, for $15.2 million in stock and cash. Carlsbad-based Alphatec Holdings (Nasdaq: ATEC), which owns Alphatec Spine Inc., on Aug. 7 signed a letter of intent to buy the Phygen assets. “Since becoming CEO of […]
B. Braun serves as gold sponsor of AdvaMed 2012: The MedTech Conference
Bethlehem, Pa. (PRWEB) September 26, 2012B. Braun OEM Division will serve as a gold sponsor at this year’s AdvaMed Annual Conference, which will be held at the Boston Convention and Exhibition Center, October 1-3.Products displayed in B. Braun’s booth (#329) will represent innovations from its hospital care portfolio and will highlight the company’s contract manufacturing […]
Precision Spine(TM) Announces FDA 510(k) Clearance for ReForm(TM) Pedicle Screw System
PARSIPPANY, N.J., Sep 25, 2012 (BUSINESS WIRE) — Precision Spine, Inc. announces that it received 510(k) clearance from the FDA on August 8, 2012 for the ReForm Pedicle Screw System.The ReForm Pedicle Screw System is intended to provide immobilization and stabilization of spinal segments in skeletally mature patients as an adjunct to fusion in the […]
TransCorp Spine Lauches Spineport at the Annual Meeting of the Society for Minimally Invasive Spine Surgery
Ada, Michigan – September 24, 2012– TransCorp Spine made its debut in Miami Beach, Forida at this year’s Annual Meeting of the Society for Minimally Invasive Spine Surgery (SMISS) showcasing its main product line, the SpinePort MIS Access System. The SpinePort system assists sugeons in performing the TransCorporeal MicroDecompression procedure in the cervical spine. “This […]
Indiana device maker adds equipment to make PEEK implants
An Indianapolis medical device company has installed new machining equipment to produce three unique spinal implants made of polyetheretherketone (PEEK). It’s a major foray into plastics for implants by Nexxt Spine, which also makes titanium fastening systems.“This is our first plastic implant, but we make a lot of our instruments, such as handles and sleeves, […]
Titan Spine receives U.S. patent for competitive interbody devices
Titan Spine, a medical device surface technology company focused on the development of innovative spinal interbody fusion implants, announced today that it has been awarded patent #US 8,262,737 B2 by the United States Patent Office that protects the Company against competitive interbody devices with a roughened surface topography, anti-expulsion edges, and access to a hollow […]
K2M Receives Pediatric Clearance for MESA® & Rail 4D™ Spinal Systems
LEESBURG, VA. — K2M, Inc., the largest privately held spinal device company in the world focused on developing innovative solutions for the treatment of complex spinal pathologies and minimally invasive procedures, today announced that it has received an additional clearance to treat adolescent idiopathic scoliosis. The pediatric clearance applies to the company’s MESA® Deformity (ø5.5 […]
Alphatec Spine Releases Alphatec NEXoss(TM) Nanostructure Bio-Active Matrix and Announces the First Patient Implant
CARLSBAD, Calif., Sept. 18, 2012 (GLOBE NEWSWIRE) — Alphatec Holdings, Inc. (Nasdaq:ATEC), the parent company of Alphatec Spine, Inc., a medical device company that designs, develops, manufactures and markets products for the surgical treatment of spine disorders, with a focus on treating conditions related to the aging spine, announced today the first clinical use of […]
TranS1 Inc. Announces Appointment of Stephanie M. Fitts, Ph.D. as Vice President of Regulatory, Quality and Compliance
WILMINGTON, N.C., Sept. 17, 2012 (GLOBE NEWSWIRE) — TranS1 Inc. (Nasdaq:TSON), a medical device company focused on designing, developing and marketing products to treat degenerative conditions of the spine affecting the lower lumbar region, is pleased to announce the appointment of Stephanie M. Fitts, Ph.D. as Vice President of Regulatory, Quality and Compliance.“We believe the […]
Revolutionary spinal implant system emergence as technology leader
(PR NewsChannel) / September 17, 2012 / PARIS Paris-based Safe Orthopaedics launched their innovative SteriSpine™ PS Pedicle Screw System — the world’s first full-featured lumbar fixation system in a sterile, traceable and single-use format — at the SpineWeek international trade show held in Amsterdam this 28 May – 2 June. Providing clear improvements in cost […]
Neuralstem to raise $7M after spine injury breakthrough
Rockville-based Neuralstem Inc. has priced a $7 million direct offering of its common stock, a day after the company reported notable spinal cord injury repair in experiments with rats.Neuralstem stock rallied the most ever Thursday, gaining 38 percent.Neuralstem plans a direct offering of 7 million shares at $1 per share. The offering is expected to […]
Paralyzed Rats Walk Again After Stem Cell Transplan
Rats once paralyzed from complete surgical cuts through their spinal cords can walk again after stem cells were transplanted into the site of the injury, report researchers today in the journal Cell. The results suggest that stem cells might work as a treatment for patients even if they have completely severed cords, a potential therapy […]
Geisinger Health System Purchases Mazor Robotics’ Renaissance System
CAESAREA, ISRAEL — Mazor Robotics Ltd (TASE:MZOR), the leader in innovative surgical robots and complementary products for spine surgery, today announced that Geisinger Health System purchased its Renaissance™ system. Renaissance is Mazor Robotics’ surgical guidance system for spine procedures, the only robotic technology specifically for spine surgery currently available in the marketplace. Geisinger Health System […]
Silicon Nitride Demonstrates Statistical Superior Osteointegration and Anti-infective Biomaterial Properties
SALT LAKE CITY, Sept. 13, 2012 /PRNewswire/ — Amedica Corporation, a spinal and reconstructive implant manufacturer, announced today the publication of two peer-reviewed studies conducted at Brown University that demonstrate the superior osteointegration and bacterial-resistant properties of its proprietary Silicon Nitride (Si(3)N(4)) biomaterial when compared to poly-ether-ether-ketone (PEEK) or titanium (Ti). In related news, the company also […]
US Spinal Implant Market to Show Modest Growth to $5.5 Billion by 2016
TORONTO — According to Millennium Research Group (MRG), the global authority on medical technology market intelligence, the United States spinal implant market will show modest growth, reaching a value of just over $5.5 billion by 2016. Smaller niche manufacturers have been seeking out untapped market segments in this otherwise heavily penetrated market.In spite of the […]
Court reverses ruling against NuVasive in trademark suit
(Reuters) – Medical device maker NuVasive Inc said a U.S. circuit court reversed a verdict by a district court that required the company to pay $60 million in a trademark suit concerning its Neurovision products.The lawsuit, filed by Neurovision Medical Products Inc in September 2009, sought to cancel NuVasive’s trademark on the products that carried […]