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Spineart Secures more than CHF20 Million in Convertible Financing Following Completion of BAGUERA®C IDE Studies Enrollment

March 18, 2024 By SPINEMarketGroup

GENEVA, March 18, 2024 /PRNewswire/ — Spineart, a global spine specialist working with surgeons to accelerate the adoption of cutting-edge technologies, has successfully raised a CHF20 million convertible financing. The funding comes on the heels of the completion of enrollment in the two BAGUERA®C IDE studies, underlining Spineart’s commitment to advancing spinal surgery through large scale investments in research […]

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

March 14, 2024 By SPINEMarketGroup

Plano, TX, March 14, 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 102 3D Titanium ALIF Stand-Alone implants used in procedures in patients who were candidates for an Anterior Lumbar Interbody Fusion. Of these 102 […]

(UPDATED 2024): +70 Corpectomy Devices to Know..!

March 14, 2024 By SPINEMarketGroup

Corpectomy systems provide a solution for stabilization of the spine in skeletally mature patients to replace a diseased, collapsed, damaged, or unstable vertebral body due to tumor, osteomyelitis, trauma (i.e. fracture), or for reconstruction following corpectomy performed to achieve decompression of the spinal cord and neural tissues in degenerative disorders. The system is offered in […]

Coverage Momentum Continues for Lumbar Total Disc Replacement as the Top Commercial Payer in Washington Establishes Positive Coverage

March 12, 2024 By SPINEMarketGroup

WEST CHESTER, Pa., March 12, 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 the state […]

Astura Medical Receives FDA 510(k) Clearance For The Dominion Expandable Corpectomy System

March 12, 2024 By SPINEMarketGroup

IRVING, TX – February 16, 2024 –Astura Medical, a leader in innovative spinal surgery technologies, is proud to announce that it has received FDA 510(k) clearance for its Dominion Expandable Corpectomy System. Designed with patient outcomes in mind, the Dominion Expandable Corpectomy System features state-of-the-art, expandable columns with modular adjustable endplates that allow for a […]

Spine Surgery with Apple! First surgery using the Vision Pro in London!

March 11, 2024 By SPINEMarketGroup

In a groundbreaking development, surgeons in the UK have ushered in a new era of medical innovation by utilizing Apple’s cutting-edge virtual reality goggles to conduct a spinal operation for the first time. The pioneering procedure, used at the Cromwell Hospital in London, marks a significant leap forward in surgical technology and has the potential […]

Spineart Completes Enrollment in the Baguera®C IDE trial for Two-Level Cervical Disc Replacement

March 8, 2024 By SPINEMarketGroup

GENEVA, March 8, 2024 /PRNewswire/ — Spineart SA, manufacturer of the BAGUERA®C Cervical Disc Prosthesis, today announced it has completed enrollment in its U.S. IDE trial studying the BAGUERA®C Cervical Disc Prosthesis in patients with cervical disc disease at two contiguous levels between C3 to C7 compared to a commercially marketed cervical disc implant. The multi-center, prospective, […]

Medtronic advances data-driven spine solutions with AI-powered patient reported outcomes

March 7, 2024 By SPINEMarketGroup

Medtronic, a global leader in medical technology, announced today the launch of the new UNiD™ ePRO service in the United States.  This solution will change the way patient outcomes are collected for spine surgeons, reducing the burden on clinic staff and patients. Medtronic has partnered with OBERD, a leading practice intelligence data collection company, to […]

Xtant Medical Increases Revolving Credit Facility to $17 Million with MidCap Financial

March 7, 2024 By SPINEMarketGroup

BELGRADE, Mont., March 07, 2024 (GLOBE NEWSWIRE) — Xtant Medical Holdings, Inc. (NYSE American: XTNT), a global medical technology company focused on surgical solutions for the treatment of spinal disorders, today announced that the Company’s revolving credit agreement with MidCap Financial Trust (“MidCap”) was amended to increase the commitment from $8.0 million to $17.0 million. […]

SurGenTec® Receives FDA Clearance for OsteoFlo® HydroPutty™, a Hydrophilic Synthetic Bone Graft

March 7, 2024 By SPINEMarketGroup

surgentec

BOCA RATON, Fla.–(BUSINESS WIRE)–SurGenTec, a pioneering medical device company specializing in orthopedic and spine technologies, proudly announces the first implantations and 510(k) clearance from the U.S. Food and Drug Administration (FDA) for its revolutionary OsteoFlo HydroPutty Synthetic Bone Graft. OsteoFlo HydroPutty represents a significant advancement in bone graft technology, featuring a combination of proprietary hydrophilic […]

IMPLANET reports its 2023 full-year results

March 7, 2024 By SPINEMarketGroup

Bordeaux, Boston, March 6, 2024 – 7:30 am CET: IMPLANET (Euronext Growth: ALIMP, FR0013470168, eligible for PEA-PME equity savings plan), a medical technology company specialized in implants for orthopedic surgery and the distribution of technological medical equipment, today announced its 2023 full-year results, as of December 31, 2023, as approved by the Board of Directors on […]

What is artificial intelligence Already Doing in the Spinal Field? Which AI Companies Are Worth Following?

March 6, 2024 By SPINEMarketGroup

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?

Orthofix Reports Fourth Quarter and Full Year 2023 Results

March 6, 2024 By SPINEMarketGroup

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

March 5, 2024 By SPINEMarketGroup

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?

March 5, 2024 By SPINEMarketGroup

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!

March 3, 2024 By SPINEMarketGroup

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

March 1, 2024 By SPINEMarketGroup

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 By SPINEMarketGroup

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

February 29, 2024 By SPINEMarketGroup

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

February 29, 2024 By SPINEMarketGroup

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

February 28, 2024 By SPINEMarketGroup

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 By SPINEMarketGroup

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

February 27, 2024 By SPINEMarketGroup

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? 

February 25, 2024 By SPINEMarketGroup

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?

February 25, 2024 By SPINEMarketGroup

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

February 23, 2024 By SPINEMarketGroup

MEDTRONIC

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!

February 21, 2024 By SPINEMarketGroup

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 […]

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