SPINEMarketGroup

Spine Industry News

NEWS

Aclarion and ATEC Execute Strategic Partnership Agreement to Advance Commercialization of Nociscan

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BROOMFIELD, CO, Jan. 08, 2024 (GLOBE NEWSWIRE) — via NewMediaWire — Aclarion, Inc., (“Aclarion” or the “Company”) (Nasdaq: ACON, ACONW), a healthcare technology company that is leveraging biomarkers and proprietary augmented intelligence algorithms to help physicians identify the location of chronic low back pain, announced today that it has executed a strategic partnership agreement solidifying the previously signed non-binding Letter […]

Sacrix Provides Safe Alternative to Risky Revision Spine Surgery, Publishing Groundbreaking Results in Renowned Spine Journal

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BURLINGTON, Mass., Jan. 6, 2024 /PRNewswire-PRWeb/ –Sacrix, a pioneer medical device company in outpatient spine surgery solutions, proudly unveils a novel Less Exposure Spine Surgery (LESS) technique that helped patients avoid major and risky revision corrective spine surgery. The clinical results were summarized in a research paper authored by Board-certified Orthopedic Spine surgeons and published through a […]

Orthofix Provides Executive Management Business Update and Appoints Julie Andrews as Chief Financial Officer

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LEWISVILLE, Texas–(BUSINESS WIRE)–Orthofix Medical Inc. (NASDAQ: OFIX), a leading global spine and orthopedics company, today announced that effective immediately, Massimo Calafiore has assumed the role of President and Chief Executive Officer (CEO) and as a member of the Orthofix Board of Directors. In conjunction with Mr. Calafiore stepping into his role as CEO, the Company […]

We are proud to announce that Centinel Spine will be Sponsor of SPINEMarketGroup again in 2024!

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Thank you Centinel Spine! On behalf of the SPINEMarketGroup team, we would like to thank you for supporting our site again in 2024 through your PLATINUM sponsorship! About Centinel Spine, LLC Centinel Spine®, LLC is the leading global medical device company addressing cervical and lumbar spinal disease with the most clinically-proven total disc replacement (TDR) […]

Eminent Spine’s 3D Titanium Anterior Lumbar Stand-Alone System Usage Report and Clinical Study

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Plano, TX, January 04, 2024 –(PR.com)– Eminent Spine received 510(k) approval of their 3D Titanium Anterior Lumbar Interbody Fusion Stand-Alone System in October of 2022. Since then, Eminent Spine has had a total of 40 3D Titanium ALIF Stand-Alone implants used in procedures in patients who were candidates for an Anterior Lumbar Interbody Fusion. The implants also […]

We are proud to announce that Rudischhauser Surgical Instruments and Implants Manufacturing will be Sponsor of SPINEMarketGroup again in 2024!

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Thank you Rudischhauser Surgical Instruments and Implants Manufacturing!  On behalf of the SPINEMarketGroup team, we would like to thank you for supporting our site again in 2024 through your PLATINUM sponsorship. About Rudischhauser Surgical Instruments and Implants Manufacturing Your partner and OE-Manufacturer of superior instruments, implants and complete set configurations for spinal, orthopaedic and trauma […]

Exciting FDA-Approved Products in the Pipeline for 2024: A Glimpse into the Dynamic Landscape of American Companies

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With numerous FDA approvals, 2023 has proven to be a landmark year that paves the way for groundbreaking products. As we move into 2024, the spotlight is on American companies, particularly trailblazers like Eminent Spine and Astura Medical, which have been spearheading the approval process and already have captivating portfolios. Eminent Spine, a leading figure […]

LEM Surgical AG Secures CHF 22 Million in Series B Funding to Ready Robotic System for FDA Submission

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BERN, Switzerland, January 4, 2024 (Newswire.com) – LEM Surgical AG, an innovative surgical robotics company headquartered in Bern, Switzerland, announces the successful completion of its Series B funding, securing CHF 22 million. The round, which was strongly oversubscribed, reflects the strong investors’ confidence in LEM Surgical’s differentiated approach. This substantial funding boost is attributed to the […]

Cerapedics Files Final Module of the PMA Application for FDA Approval of a new P-15 Peptide Enhanced Bone Graft for Lumbar Spine Fusion

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WESTMINSTER, Colo., Jan. 4, 2024 /PRNewswire/ — Cerapedics Inc., a commercial-stage orthopedics company dedicated to redefining the standard of care for bone repair, today announced that it has filed the final module in the Pre-Market Approval (PMA) application with the U.S. Food and Drug Administration (FDA) for its investigational P-15 Peptide Enhanced Bone Graft. Cerapedics was able […]

Biocomposites’ investee Renovos Biologics receives FDA Breakthrough Device Designation for its synthetic nanoclay bone fusion gel, RENOVITE® BMP-2

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KEELE, England, Jan. 4, 2024 /PRNewswire/ — Biocomposites, an international medical devices company that engineers, manufactures and markets world leading products for regenerating bone and managing infection in bone and soft tissue, is pleased to announce that its investee company, Renovos Biologics (Renovos), has been granted Breakthrough Device Designation by the US Food and Drug Administration (FDA) for its lead product, […]

Globus Medical Inc. Cleared of Patent Infringement Allegations in Spinal Surgery Case

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In a legal saga that began in November 2019, a Maryland neurosurgeon’s company, Moskowitz Family LLC, initiated legal action against medical device giant Globus Medical Inc. The lawsuit alleged patent infringement related to advancements in spinal surgery, focusing on innovations and developments by Dr. Nathan C. Moskowitz and his sons Mosheh and Ahmnon.Moskowitz sought damages […]

Revolutionizing Spine Surgery: The Rise of Awake Spine Surgery

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The field of spine surgery is continuously evolving, with advancements in tools such as robotics, imaging, and artificial intelligence contributing to safer and faster procedures. We’ve also discussed emerging approaches, materials, and implants. However, in the ever-evolving field of spine surgery, advancements continue to redefine traditional practices, and one such groundbreaking development is the emergence […]

CGBio’s ‘NOVOSIS PUTTY’ Receives FDA ‘Breakthrough Device Designation,’ Accelerate Entry into the US Market

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SEOUL, South Korea, Jan. 2, 2024 /PRNewswire/ — CGBio (CEO Hyun Seung Yu), a Korean company specializing in bio-regenerative medicine, announced on the 2nd that its advanced bone substitute material, “NOVOSIS PUTTY”, has been granted ‘Breakthrough Device Designation’ (BDD) by the U.S. Food and Drug Administration (FDA). This material incorporates recombinant human bone morphogenetic protein 2 (rhBMP-2). On September […]

Which Spine products have been launched in 2023?

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In the year 2023, the landscape of spine product launches has undergone a noticeable shift. Unlike previous years marked by a flurry of introductions, this year has seen a more restrained approach, with a predominant focus on aligning company portfolios with prevailing product trends such as 3D technology, expansive cages, and sacral iliac implants. Notably […]

What have been the Acquisitions in 2023?

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In the spine market, there have been EIGHT acquisitions in 2023. Today, we share with you those that have occurred in this year until now. The spine industry has been undergoing a consolidation for some years. This situation may occur for several reasons: What have been the acquisitions in 2023? 9.- December: ZimVie Sells Spine […]

(UPDATED 2023 v.2): +25 Chinese Spine Companies to Know…!

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China represents the fastest-growing spine market in Asia-Pacific. It grows at an estimated rate of 3%. China has a significant population, and with an aging society, the prevalence of spine-related issues such as degenerative disc disease, herniated discs, and spinal deformities has been increasing. These issues have led to a growing demand for spine-related medical […]

3D Printed Wedocage Spinal Implants Gain Market Approval in China

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Chinese medical firm Wedo Bio-Medical Technology Co, Ltd. has announced that its new 3D printed spinal implant has successfully received market approval in China.  The company’s Hydroxyapatite-Coated Porous Titanium Alloy Interbody Fusion Device, or WedoCage, was 3D printed using technology from Chinese 3D printer manufacturer Bright Laser Technologies (BLT).  The 3D printed WedoCage obtained the Class III Medical […]

World’s first pediatric deformity case using immersive augmented reality surgical navigation

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SALT LAKE CITY, Dec. 21, 2023 /PRNewswire/ — Dr. Scott Luhmann, an orthopedic surgeon at Washington University School of Medicine in St. Louis, performed the world’s first pediatric deformity case using the VisAR immersive augmented reality surgical navigation. Ten pedicle screws were successfully placed during the surgery, which was conducted at St. Louis Children’s Hospital on the Washington University Medical Campus. The immersive […]

Life Spine Secures Federal Court Order Permanently Prohibiting Marketing or Sale of AccelFix-XT Devices in the United States

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HUNTLEY, Ill.–(BUSINESS WIRE)–On December 21, 2023, Life Spine settled its litigation against Aegis Spine, Inc, whereby the parties have agreed to an order issued by the United States District Court, Northern District of Illinois, permanently prohibiting the marketing or sale of the AccelFix-XT line of medical devices in the United States. The order prevents Aegis […]

ulrich medical USA® Announces FDA Clearance for Expanded Indications of Momentum® and Momentum® MIS Systems

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PLANO, Texas, Dec. 20, 2023 /PRNewswire/ — ulrich medical USA, the pioneer in expandable corpectomy devices and a market leader in spine technology, today announced FDA clearance for expanded indications of the Momentum and Momentum MIS Posterior Spinal Fixation Systems. The expanded indications allow for both Momentum and Momentum MIS systems to be used in conjunction with G21 V-STEADY […]

Why Investment Firms Are Eyeing Spinal Implant Companies?

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Yesterday, Zimvie announced its acquisition by the investment fund H.I.G. Capital. In the dynamic landscape of investment, a curious trend is emerging as investment funds increasingly set their sights on acquiring spinal implant companies. The intersection of healthcare innovation and financial strategy seems to be a compelling space for growth and profitability. Here are key […]