These days, everyone’s talking about artificial intelligence (AI) all the time. But most of us do not know yet what is available today and which are the benefits that the AI offers in the spinal field: Which companies should you keep an eye on in the AI landscape?
NEWS
Orthofix Reports Fourth Quarter and Full Year 2023 Results
LEWISVILLE, Texas–(BUSINESS WIRE)– Orthofix Medical Inc. (NASDAQ:OFIX) today reported its financial results for the fourth quarter and year ended December 31, 2023, and issued guidance for the full year 2024. Fourth quarter net sales were $200.4 million, an increase of 64% on a reported basis and 7% on a pro forma constant currency basis. Net loss […]
SpineGuard reaches a significant regulatory milestone to strenghthen its PediGuard® offering in China
SpineGuard (FR0011464452 – ALSGD), an innovative company that deploys its DSG® (Dynamic Surgical Guidance) unique sensing technology using electrical conductivity local measurement in real time to secure and streamline the placement of bone implants, today announces a key progress in its Chinese regulatory plan with the submission to the Chinese authorities (NMPA) of a file seeking […]
How does the EU Medical Devices Regulation (MDR) impact the Spine Market?
The introduction of the Medical Devices Regulation (MDR) by the European Union represents a significant regulatory framework aimed at enhancing patient safety and fostering innovation in the medical device industry. The primary objective is to ensure that all medical devices undergo stringent evaluations to guarantee their safety, a goal with unanimous support among potential patients. […]
Alphatec Spine from 1990 to 2024: A Journey of Resilience, Transformation, and Sales Success!
Founded in 1990 by Shunshiro “Roy” Yoshimi, Alphatec Spine initially operated as a medical device contract manufacturer. However, in July 1991, the company opted for vertical integration, pivoting to develop, manufacture, market, and sell its orthopedic trauma products. In 2003, Alphatec Spine expanded its focus to include spinal products. Following its initial success, it allocated a […]
Orthofix Announces New President for Bone Growth Therapies Business
LEWISVILLE, Texas–(BUSINESS WIRE)–Orthofix Medical Inc. (NASDAQ:OFIX), a leading global spine and orthopedics company, today announced the appointment of Jason Shallenberger to President of the Bone Growth Therapies business, and the realignment of its Spine business unit, effective March 1. A seasoned sales leader, Shallenberger previously served as Vice President of U.S. Sales and Marketing for […]
Kleiner Device Labs Presents e-Poster at Southern Neurosurgical Society Meeting:”Rethinking Posterior MIS Fusion – Enabling Risk Reduction in Posterior Spinal Surgery”
February 29, 2024 — Incline Village, Nev., — Kleiner Device Labs (KDL) today announced that an e-Poster has been accepted for the Southern Neurosurgical Society’s 2024 annual conference beginning on March 7 in Orlando. The e-Poster (#156) highlights research results of new innovations in lumbar spinal implant and grafting technologies to reduce risks from poor/insufficient graft volume and placement, surgical site infection (SSI), collateral tissue damage due to multiple […]
Woven Orthopedics Secures Second FDA spine clearance Ogmend® now available for most pedicle screws diameters
MANCHESTER, Conn., Feb. 29, 2024 /PRNewswire/ — Woven Orthopedic Technologies, developer of Ogmend®, a simple implantable sleeve that quickly and easily secures stable screw fixation, has received its second 510(k) clearance from the Food and Drug Administration (FDA) for the use of Ogmend® Implant Enhancement System in spine surgery. “We are excited about this latest clearance of our […]
ZimVie Reports Fourth Quarter and Full Year 2023 Financial Results
WESTMINSTER, Colo., Feb. 28, 2024 (GLOBE NEWSWIRE) — ZimVie Inc. (Nasdaq: ZIMV), a global life sciences leader in the dental and spine markets, today reported financial results for the quarter and year ended December 31, 2023. Management will host a corresponding conference call today, February 28, 2024, at 4:30 p.m. Eastern Time. “We had significant accomplishments […]
Nevro Receives FDA 510(k) Clearance to Use SI Fixation System Without Need to Include Lateral Screw
REDWOOD CITY, Calif., Feb. 28, 2024 /PRNewswire/ — Nevro Corp. (NYSE: NVRO), a global medical device company delivering comprehensive, life-changing solutions for the treatment of chronic pain, today announced that the U.S. Food and Drug Administration (FDA) cleared its sacroiliac joint fusion device, which will be marketed as Nevro1, without the need to include the screw (“NevroFix™”). Nevro1, […]
ATEC Reports Fourth Quarter and Full-Year 2023 Financial Results and Recent Corporate Highlights
February 27, 2024 CARLSBAD, Calif.–(BUSINESS WIRE)– Alphatec Holdings, Inc. (Nasdaq: ATEC), a provider of innovative solutions dedicated to revolutionizing the approach to spine surgery, today announced financial results for the quarter and full year ended December 31, 2023, and business highlights. Fourth Quarter and Full Year 2023 Financial Results Business Highlights Pat Miles, Chairman and Chief Executive Officer, said, […]
SI-BONE, Inc. Reports Record Fourth Quarter and Full Year 2023 Financial Results and Issues 2024 Guidance
SANTA CLARA, Calif., Feb. 26, 2024 (GLOBE NEWSWIRE) — SI-BONE, Inc. (Nasdaq: SIBN), a medical device company dedicated to solving musculoskeletal disorders of the sacropelvic anatomy, today reported financial results for the fourth quarter and full year ended December 31, 2023. Fourth Quarter 2023 Highlights (all comparisons are to the prior year period) Fiscal Year 2023 […]
When will Globus Medical become the number 1 in Spine?
Globus Medical made a strategic move to challenge industry dominance by acquiring NuVasive just over a year ago. This acquisition propelled Globus from the fifth to the second position in the market. The synergy between the two companies expanded Globus’s product portfolio and fortified its competitive edge in the industry. While there are notable cultural […]
Spine Implants Valued at Over $100,000 Stolen in Center City, Philadelphia: A New Trend in Theft?
In a shocking turn of events, spine implants exceeding $100,000 were reported stolen from a car parked in Center City, Philadelphia. The incident has left many questioning the audacity and motives of the perpetrators, as the theft of such specialized medical equipment raises eyebrows and concerns within the community. Philadelphia Police have launched an urgent […]
Medtronic reports third quarter fiscal 2024 financial results
DUBLIN, Feb. 20, 2024 /PRNewswire/ — Medtronic plc (NYSE:MDT) today announced financial results for its third quarter (Q3) of fiscal year 2024 (FY24), which ended January 26, 2024. Key Highlights Financial ResultsMedtronic reported Q3 worldwide revenue of $8.089 billion, an increase of 4.7% as reported and 4.6% on an organic basis. The company’s organic revenue results reflect continued momentum […]
We are proud to announce that Syntropiq will be Sponsor of SPINEMarketGroup in 2024!
Thank you Syntropiq! On behalf of the SPINEMarketGroup team, we would like to thank you for supporting our site in 2024 through your PLATINUM sponsorship. About Syntropiq We are a privately held spine interbody implant and surface technology company. Our team members with rich experience more than 25 years in spine have seen over 10 000 spine surgeries and […]
Aegis Spine Inc. Settles Trade Secret Lawsuit with Life Spine Inc. for $8 Million
In a recent legal development, Aegis Spine Inc. has reached a settlement agreement with fellow spinal implant manufacturer Life Spine Inc., agreeing to pay $8,000,000 to resolve allegations of trade secret misappropriation. The dispute, which unfolded in the Northern District of Illinois, centered around Life Spine’s claims that Aegis utilized its confidential information to create […]
Coverage Expansion Continues for One- and Two-level Lumbar Total Disc Replacement as the Top Commercial Payer in Tennessee Establishes Positive Coverage for Centinel Spine’s prodisc® L
WEST CHESTER, Pa., Feb. 21, 2024 /PRNewswire/ — Centinel Spine®, LLC (“the Company”), the leading global medical device company focused exclusively on treating cervical and lumbar spinal disease with the most complete and clinically-proven total disc replacement (TDR) technology platform in the world (prodisc®), today announced significant expansion of coverage for lumbar TDR procedures in Tennessee. The policy […]
joimax® Expands Distribution in Italy – Announces New Partnership with Uber Ros S.p.A
KARLSRUHE, Germany–(BUSINESS WIRE)–German-based joimax®, the market leader in technologies and training methods for full-endoscopic and minimally invasive spinal surgery, and distributor Uber Ros S.p.A are excited to announce their new partnership for the Italian market, effective immediately. Under this strategic alliance, Uber Ros will be a full sales and service provider of joimax® products to surgeons and […]
Globus Medical Reports Fourth Quarter and Full Year 2023 Results
AUDUBON, Pa., Feb. 20, 2024 (GLOBE NEWSWIRE) — Globus Medical, Inc. (NYSE: GMED), a leading musculoskeletal technology company, today announced its financial results for the fourth quarter and year ended December 31, 2023. Fourth Quarter 2023: Full Year 2023: “I am pleased to report on the remarkable progress we’ve made at Globus Medical. Our merger with […]
MCRA Assists Curiteva Inc. with FDA 510(k) Clearance for Inspire 3D Printed Trabecular PEEK Lumbar Interbody Fusion System
WASHINGTON, Feb. 20, 2024 /PRNewswire/ — MCRA, the leading privately held independent medical device, diagnostics, and biologics Clinical Research Organization (CRO) and advisory firm is pleased to announce its role in the successful 510(k) clearance decision by the U.S. Food and Drug Administration (FDA) for Curiteva’s Inspire 3D Printed Trabecular PEEK Lumbar Interbody Fusion System with HAFUSE Technology. Curiteva […]
(UPDATED 2024): +60 Expandable PLIF/TLIF Cages to Know!
In recent years, the market for expandable cages has grown incredibly. We estimate the market at more than $500 million in the United States alone. Expandable lumbar spine cages are innovative devices that play a crucial role in modern spinal surgery, offering a customizable solution for stabilizing the lumbar spine and addressing conditions that affect […]
Med-Surgical Services, Inc. Launches Next-Generation CBYON Eclipse Navigation System
San Diego, CA, Feb. 15, 2024 (GLOBE NEWSWIRE) — Med-Surgical Services, Inc. (MSSI) has released the latest generation of its pioneering CBYON Eclipse image-guided surgery (IGS) system to further support a wide spectrum of navigated procedures in the cranial, spine, and ENT settings. This next-generation IGS technology platform includes: IGS improves the safety and efficiency […]
Jason E. Topolosky to join OsteoCentric Technologies as Chief Business Officer
AUSTIN, Texas, Feb. 13, 2024 /PRNewswire/ — OsteoCentric Technologies, inventor of UnifiMI, an implant-to-bone interface technology, capable of sustaining primary implant stability, is thrilled to announce that Jason E. Topolosky, MBA, MTM/MSE will be joining the company as Chief Business Officer. In this new role, Jason will oversee all corporate development activities including strategic development partnerships, licensing, and […]
Renowned Neurosurgeon Dr. Kevin Foley Appointed to Curiteva’s Board of Directors
HUNTSVILLE, Ala., February 12, 2024 (Newswire.com) – Curiteva, a privately held manufacturing and technology company announces the appointment of Kevin Foley, MD, to the board of directors. Dr. Foley is a distinguished neurosurgeon, chairman of the Semmes Murphey Neurologic and Spine Institute and a professor of neurosurgery, orthopedic surgery, and biomedical engineering at the University of […]
Bone Solutions Receives 510(k) Clearance for Expanded Indications of Use for Mg OSTEOCRETE in Intervertebral Body Fusion Procedures
Colleyville, TX (February 13, 2024) — Bone Solutions Inc., an orthobiologics technology company located in Colleyville, Texas, announced today 510(k) clearance of Mg OSTEOCRETE from the U.S. Food and Drug Administration (FDA) for use in the intervertebral body disc space; including cervical, thoracic, and lumbar fusion procedures. This marks the first and only magnesium-based bone substitute to be […]
Accelus Strengthens Leadership with New Board Appointments
PALM BEACH GARDENS, Fla., Feb. 12, 2024 (GLOBE NEWSWIRE) — Accelus, a privately held medical technology company committed to becoming the global market leader in expandable spinal implant technologies, has announced the appointment of two new members to its Board of Directors: Kevin McGann and Bernie Haffey. This strategic enhancement to the board is aligned with Accelus’s mission to […]