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 […]
NEWS
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 […]
What is the Future of Healthcare?
Healthcare in the United States is currently undergoing the most extreme transformational paradigm shift in a century. As a builder of healthcare facilities, DPR Construction conducted a research initiative to better understand the long-term trends that its healthcare customers will have to manage and asked owners, designers and management consultants: Where is the industry heading? […]
International Spine Products Manufacturer Featured in Upcoming US Business Executive Publication
SANTA CRUZ, Calif., Sept. 5, 2012 –/PRNewswire/ — GS Medical USA, LLCGS Medical USA, LLC (GSM) is proud to announce the company’s feature article in the fall issue ofUS Business Executive Publication. Established in the US market in 2006, GSM distributes spinal implants and related medical products to orthopedic spine and neurosurgical spine surgeons with […]
ulrich medical USA™ Announces 6,500 Implantation Milestone
ST. LOUIS, Sept. 5, 2012 /NEWS.GNOM.ES/ – ulrich medical USA, Inc. today announced the successful completion of 6,500 corpectomy surgeries performed in 48 states using the company’s expandable vertebral body replacement devices.“We are pleased with the excellent clinical results and surgeon utilization we have received in the U.S. for our spinal implant systems for vertebral […]
Complex spine minimally invasive retractor system launched by K2M
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 the launch of the SERENGETI® Complex Spine Minimally Invasive Retractor System at the Scoliosis Research Society (SRS) 47thAnnual Meeting in Chicago. SERENGETI Complex Spine brings […]
LDR Announces FDA Clearance of the Avenue® L Lateral Lumbar Cage System
AUSTIN, TEXAS — LDR, a privately held medical device company offering innovative spinal implants for both non-fusion and fusion applications, announced that it has received 510(k) clearance from the United States Food and Drug Administration to market the Avenue L Lateral Lumber Cage System. Avenue L represents the pinnacle of lateral lumbar fusion, featuring enhanced […]
PropThink: Interim Data In Spinal Cord Injury Driving STEM Higher; PSTI Reacting in Sympathy
This morning, StemCells, Inc. (NASDAQ:STEM) released six-month interim results for the first group of patients in its Phase I/II trial, testing the company’s HuCNS-SC (human neural stem cells) treatment candidate in patients with spinal cord injury – previous coverage available here. Shares are trading up nearly 20% in pre-market, and are likely to maintain momentum […]
Tornier’s Acquisition Of OrthoHelix Results In Further Dilution
Tornier NV (TRNX) announced on Friday that it will acquire OrthoHelix Surgical Designs, in a deal valuing the firm at $135 million. Shares in Tornier ended the day with gains of 1.7%.The DealTornier announced that it will acquire OrthoHelix Surgical Designs, a global medical device company focused on providing surgical solutions to orthopedic extremity specialists. […]
joimax® Goes BRIC and Beyond
KARLSRUHE, Germany, August 30, 2012 –/PRNewswire/ —Right on time with the soon expected registrations of the joimax® products in Brazil – one of the most emerging BRIC economies – the German-based company showed a very successful presence at the third World Congress of Minimally Invasive Spine Surgery and Techniques (WCMISST) in Salvador de Bahia. The congress […]
Osseon® Therapeutics Names Ron Clough as New Chief Operating Officer
SANTA ROSA, Calif., Aug. 29, 2012 — SANTA ROSA, Calif., Aug. 29, 2012 /PRNewswire/ — Osseon® Therapeutics, Inc. announced today that it has named Mr. Ron Clough as Chief Operating Officer.Mr. Clough has extensive experience with several companies that develop and market medical devices for the treatment of spinal disease and deformities. Most recently, he […]
Medtronic Expands Patent Infringement Lawsuit Against Nuvasive
LONDON, UK (GlobalData), 28 August 2012 – On August 17, 2012, Medtronic filed a lawsuit against Nuvasive, claiming the medical device firm’s spinal implant and bone graft products infringed upon two of its patents. Medtronic is seeking compensatory damages from profits lost to the firm and an order to halt the company’s alleged infringement. This […]