TORONTO, Jan. 16, 2014 /PRNewswire/ — According to Millennium Research Group (MRG), the global authority on medical technology market intelligence, the global market for spinal nonfusion devices will almost triple in size through 2022, surpassing$1.6 billion. This market will be driven largely by emerging products and approvals, as well as high growth in emerging regions, […]
NEWS
Zimmer China Recognised as a “Top Employer” in China for Three Consecutive Years
SINGAPORE, Jan. 16, 2014 /PRNewswire/ — Zimmer China has once again been named a “China’s Top Employer” brand by the Corporate Research Foundation (CRF) in China. This marks the third consecutive year Zimmer China has been so recognized. CRF is a global publishing organisation that specialises in research into best business practices, identifying leaders in […]
MEDICREA: 2013 Annual Sales
LYON, France–(BUSINESS WIRE)–January 15, 2014– The MEDICREA group (Paris:ALMED), which specializes in the development of innovative surgical technologies for the treatment of spinal pathologies and is listed on Alternext-Euronext Paris, announces its 2013 annual sales. Sales for the 4(th) quarter of 2013 were up 18% compared with that of 2012 thanks to the dynamism of the […]
NuVasive Riding A New Wave Of Optimism
January 16th 2014 ,(seekingalpha.com)–Sell-side analysts still seem to be nervous about the near-term future of the spine market, but investors haven’t let that scare them away fromNuVasive (NUVA). With new products and a focused OUS strategy re-accelerating growth and management laying out some bold ambitions for the next five years, these shares have more than […]
VEXIM: 2013 sales: x2.2 to EUR6.1 million
TOULOUSE, France–(BUSINESS WIRE)–January 16, 2014– VEXIM (Paris:ALVXM) , a medical device company specialized in minimally invasive solutions for the treatment of vertebral fractures, today reported 2013 4(th) quarter and full-year consolidated sales.VEXIM recorded 2013 fourth quarter sales of EUR2 million, up by a multiple of 2.1 from the same period in 2012. Read more »
Not All Mechanical Medical Devices are so Predictable that Disclosing a Single Example in a Patent Application Supports Broad Patent Protection
In October, the Court of Appeals for the Federal Circuit in Synthes USA, LLC v. Spinal Kinetics, Inc.addressed a situation that is common in the medical device industry.1 Synthes filed a patent application for a medical device that described a single example. Presumably after seeing its competitor Spinal Kinetics’s devices, Synthes broadened the scope of […]
Stryker and Neurologica Partner To Provide Surgical Navigation with the BodyTom® Portable CT Scanner
KALAMAZOO, Mich. and DANVERS, Mass., Jan. 6, 2014 /PRNewswire/ — Stryker Corporation and NeuroLogica, a subsidiary of Samsung Electronics America Inc., announced an exclusive partnership agreement in which Stryker will promote and sell NeuroLogica’s BodyTom portable full body computed tomography (CT) scanner for the specialties of neurosurgery, spine surgery, orthopaedic surgery, and trauma surgery in […]
How Much Do Medical Devices Cost? Doctors Have No Idea
Imagine taking your car to a mechanic who couldn’t tell you how much, say, a new battery would cost. Or, for that matter, the price of any available batteries. What’s more, there’s no way to find out because the manufacturer sells parts to different shops at vastly different prices, and its supply contracts forbid them […]
K2M Expands Minimally Invasive Portfolio with 510(k) Clearance of CAYMAN® Minimally Invasive
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 it has received 510(k) clearance from the U.S. Food and Drug Administration (FDA) to market CAYMAN® Minimally Invasive, the latest addition to the company’s CAYMAN […]
Biomet Swings to Profit on Sales Growth
Biomet Inc. swung to a fiscal second-quarter profit, benefiting from all its major businesses posting stronger sales.Though Biomet is privately held, its results are closely watched because the maker of orthopedic medical devices reports earlier than larger competitors—such as Zimmer Holdings Inc., ZMH +2.45% Stryker Corp. SYK +1.64% and Johnson & JohnsonJNJ -0.14% —and potentially […]
TranS1 Acquires Company, Moves HQ To Raleigh
Wilmington-based TranS1 Inc., maker of products that treat degenerative conditions of the spine, has acquired Baxano Inc., a Raleigh-based privately held medical device company. The company is relocating its headquarters to Raleigh.The company’s release stated that under the terms of the merger agreement, RacerX Acquisition Corp., a wholly owned subsidiary of TranS1, merged with and […]
SI-BONE, Inc. Announces 10,000 Procedure Milestone By SI-BONE, Inc.
SAN JOSE, Calif., Jan. 6, 2014 /PRNewswire/ — SI-BONE, Inc. (San Jose, California), a medical device company that pioneered the use of the iFuse Implant System,® a minimally invasive surgical (MIS) device indicated for fusion of the sacroiliac (SI) joint, announced today that the iFuse Implant System has been used in over 10,000 procedures worldwide […]
DePuy Synthes Spine Launches New Tissue Implant For Spine Surgery, CONFORM SHEET™
RAYNHAM, Mass., Jan. 6, 2014 /PRNewswire/ — DePuy Synthes Spine, in collaboration with DePuy Synthes Biomaterials, announced today the U.S. launch of CONFORM SHEET™ *+, a hydrated, pliable and totally demineralized cancellous bone matrix that fills voids during posterolateral spinal fusion surgery and provides a natural scaffold for new bone formation. The new allograft implant, […]
Global Spine Surgery Devices Market Poised $14.8 Billion by 2017
The global spine surgery devices market consists of fusion, non-fusion, spinal decompression, VCFs treatment products, and Spine biologics technologies. The global spine surgery devices market is estimated at $11,554 million in 2012 and is poised to grow at a CAGR of 5.1% to reach $14,833 million by 2017.The new market research report “Spine Surgery Devices […]
Israeli Revolutionary Joint Replacement For Worn-Out Vertebrae
Bend. Flex. Extend. Rotate. Though these words are ordinary to most people, they (literally) send shivers down the spines of the millions around the world who suffer from chronic lower back pain. Premia Spine is an Israeli company looking to once again render these words innocuous to patients with their revolutionary spinal implant.The Israeli company […]
OsteoAMP® peer-reviewed study published demonstrating superior fusion results versus rhBMP-2
CARLSBAD, Calif., Dec. 30, 2013 –/PRNewswire/ — In the first head to head, peer reviewed, published study, patients undergoing LLIF/TLIF procedures with OsteoAMP showed higher fusion rates and reduced supply costs when compared to patients undergoing the same procedures with rhBMP-2 (Infuse®, Medtronic). The study of 321 patients at 3 centers was published in The […]
InVivo stock closes up 10% after conditional approval of trial plans
Dec 26, 2013,(Boston Business Journal)–Stock shot up 10 percent in InVivo Therapeutics Thursday after the company made an afternoon announcement that its plan to test its product intended to treat acute spinal injuries has received conditional approval from U.S. regulators.The Cambridge company said the U.S. Food and Drug Administration has tentatively accepted the proposed changes to […]
China Orthopedic Instrument Industry Report 2015 Forecasts
Benefiting from aging of population, consumption upgrade and policy support, China’s orthopedic instrument industry has seen rapid development over the years, with total market size rising from 3.28 billion yuan in 2006 to 9.85 billion yuan in 2012.Trauma products, spine products and joint products constitute the three major market segments of Chinese orthopedic instrument industry. […]
Aurora Spine Corporation: First Surgical Implant of ZIP MIS Interspinous Implant Performed in Germany
CARLSBAD, CALIFORNIA, Dec 19, 2013 (Menafn – Marketwired via COMTEX) –Aurora Spine Corporation announced today thefirst surgical implant of the company’s ZIP ULTRA(TM) MinimallyInvasive Interspinous Implant in Germany. The surgery was performedat Kliniken des landkreises lorrach in Southwest Germany by ProfessorPfieffer.This surgery marks the expansion of the use of Aurora’s MIS deviceinto another country, thereby […]
NuVasive(R) Further Strengthens Leadership Team in Europe
SAN DIEGO, CA–(Marketwired – Dec 19, 2013) – NuVasive, Inc. (NASDAQ: NUVA), a medical device company focused on developing minimally disruptive surgical products and procedures for the spine, is excited to announce the continued expansion of the Company’s Europe, Middle East & Africa (EMEA) leadership team, which will champion the Company’s market share-taking strategy across […]
A Sleeping Giant About to Awaken
Dec 18th 2013 –The going has gotten tough in the orthopedic sector, and many of the major players have responded by getting going. Johnson & Johnson acquired Synthes to become the largest in trauma and the second-largest in spine, while Stryker acquired MAKO Surgical with an eye toward getting ahead of the evolution of the […]
Bacterin Announces Appointment of Canadian Distributor
BELGRADE, Mont.–(BUSINESS WIRE)–December 18, 2013– Bacterin International Holdings, Inc. (NYSE MKT: BONE), a leader in the development of revolutionary bone graft materials and coatings for medical applications, today announced the appointment of OsTek Orthopaedics Inc. as a distributor of Bacterin’s proprietary biologic products in Canada.Daniel Goldberger, Bacterin’s CEO, commented “We are pleased to have established […]
Stryker Corp. completes acquisition of MAKO Surgical Corp.
KALAMAZOO, MI — Stryker Corp. has completed its $1.65 billion acquisition of MAKO Surgical Corp.”We’re excited to welcome MAKO into our organization and combine their expertise in robotic arm assisted surgery with Stryker’s innovations in joint reconstruction to further advance the growth of this compelling technology,” Kevin Lobo, president and chief executive officer of the […]
NuVasive (NUVA) Launches ALIF ACR
December 17, 2013–NuVasive, Inc. (Nasdaq: NUVA) announces the United States launch of ALIF ACR” (Anterior Lumbar Interbody Fusion – Anterior Column Realignment).ALIF ACR is focused on correcting the sagittal plane imbalance that results from advanced degeneration. The innovative product offers surgeons a familiar ALIF technique to increase alignment where eighty percent of sagittal balance exists, […]
Zimmer Holdings Names Paul Bisaro to Board of Directors
WARSAW, Ind., Dec. 16, 2013 /PRNewswire/ — Zimmer Holdings, Inc. (NYSE and SIX: ZMH), a global leader in musculoskeletal care, today announced that Paul Bisaro, Chairman, President and Chief Executive Officer of Actavis plc (NYSE: ACT), has been appointed to its Board of Directors.Mr. Bisaro has served as President and Chief Executive Officer and a […]
Implanet Announces the Signing of a Distribution Agreement in Germany
PARIS–(BUSINESS WIRE)–December 16, 2013– IMPLANET (Paris:IMPL) (Euronext: IMPL, FR0010458729), a medical technology company specializing in vertebral and knee-surgery implants, announces the signing of an exclusive distribution agreement in Germany in order to pursue, in accordance with its market plan, the expansion of its distribution network.As a leading distributor and specialist in innovative medical devices devoted […]
Medical Tracking Solutions, Inc. announces new client Custom Spine, Inc.
JACKSONVILLE, Fla., Dec. 16, 2013 /PRNewswire/ — Medical Tracking Solutions, Inc., developers of iTraycer, is pleased to announce the addition of Custom Spine, Inc. to its client roster.Custom Spine, Inc. is a privately held medical device company committed to developing innovative spinal solutions to enhance patients’ quality of life. Their product portfolio offers next generation […]