NEWS

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 was $(22.2) million … [Read more...] about Orthofix Reports Fourth Quarter and Full Year 2023 Results

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 … [Read more...] about How does the EU Medical Devices Regulation (MDR) impact the Spine Market?

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 … [Read more...] about Woven Orthopedics Secures Second FDA spine clearance Ogmend® now available for most pedicle screws diameters

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 … [Read more...] about SI-BONE, Inc. Reports Record Fourth Quarter and Full Year 2023 Financial Results and Issues 2024 Guidance

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 appeal to the … [Read more...] about Spine Implants Valued at Over $100,000 Stolen in Center City, Philadelphia: A New Trend in Theft?

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 … [Read more...] about We are proud to announce that Syntropiq will be Sponsor of SPINEMarketGroup in 2024!

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 … [Read more...] about Aegis Spine Inc. Settles Trade Secret Lawsuit with Life Spine Inc. for $8 Million

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 … [Read more...] about 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