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Stryker announces definitive agreement to acquire care.ai, a leading virtual care and ambient intelligence solutions platform

August 12, 2024 By SPINEMarketGroup

Portage, Michigan, Aug. 12, 2024 (GLOBE NEWSWIRE) -- Stryker (NYSE: SYK), a global leader in medical technologies, announced today a definitive agreement to acquire care.ai, a privately held company specializing in delivering AI-assisted virtual care workflows, smart room technology and ambient intelligence solutions. The acquisition will strengthen Stryker’s growing healthcare … [Read more...] about Stryker announces definitive agreement to acquire care.ai, a leading virtual care and ambient intelligence solutions platform

Kuros Biosciences Reports First Half of 2024 Results

August 9, 2024 By SPINEMarketGroup

Schlieren (Zurich), Switzerland, August 8, 2024 – Kuros Biosciences (“Kuros” or the “Company”) a leader in next generation bone healing technologies, today announced financial results for the first half of 2024. Financial Highlights Regulatory, Clinical & Commercial Highlights  Outlook Events after the reporting period The group has no significant … [Read more...] about Kuros Biosciences Reports First Half of 2024 Results

Globus Medical Reports Second Quarter 2024 Results

August 6, 2024 By SPINEMarketGroup

AUDUBON, Pa., Aug. 06, 2024 (GLOBE NEWSWIRE) -- Globus Medical, Inc. (NYSE: GMED), a leading musculoskeletal solutions company, today announced its financial results for the quarter ended June 30, 2024. “I’m pleased with the quarterly results, demonstrating our team’s strong performance as we continue to execute our long-term growth strategy, deliver on NuVasive … [Read more...] about Globus Medical Reports Second Quarter 2024 Results

Spineology® Announces $25 Million Equity Financing

August 6, 2024 By SPINEMarketGroup

ST. PAUL, Minn.--(BUSINESS WIRE)--Spineology, the medical device company pioneering Conform and Expand™ spinal fusion technology, today announced that it has raised $25 million in Series AA financing led by SV Health Investors, with participation from 1315 Capital and its existing investor, RC Capital. “We are thrilled to welcome SV Health Investors and 1315 Capital. This … [Read more...] about Spineology® Announces $25 Million Equity Financing

SI-BONE, Inc. Reports Financial Results for the Second Quarter 2024

August 6, 2024 By SPINEMarketGroup

SANTA CLARA, Calif., Aug. 05, 2024 (GLOBE NEWSWIRE) -- SI-BONE, Inc. (Nasdaq:SIBN), a medical device company dedicated to solving sacropelvic disorders, today reported financial results for the quarter ended June 30, 2024. Second Quarter 2024 Financial Highlights (comparisons are to the prior year period) Recent Operational Highlights (comparisons are to the … [Read more...] about SI-BONE, Inc. Reports Financial Results for the Second Quarter 2024

OrthoPediatrics Corp. Reports Second Quarter 2024 Financial Results and Reaffirms Full Year 2024 Revenue Guidance

August 6, 2024 By SPINEMarketGroup

WARSAW, Ind., Aug. 05, 2024 (GLOBE NEWSWIRE) -- OrthoPediatrics Corp.(“OrthoPediatrics” or the “Company”) (Nasdaq: KIDS), a company focused exclusively on advancing the field of pediatric orthopedics, today announced its financial results for the second quarter ended June 30, 2024. Second Quarter 2024 and Recent Business Highlights David Bailey, … [Read more...] about OrthoPediatrics Corp. Reports Second Quarter 2024 Financial Results and Reaffirms Full Year 2024 Revenue Guidance

Carlsmed Announces Favorable Medicare Reimbursement Decision for Spinal Fusions with Custom-Made Anatomically Designed Devices

August 6, 2024 By SPINEMarketGroup

CARLSBAD, Calif.--(BUSINESS WIRE)--Carlsmed, the leader in personalized spine surgery, announced today that in the Hospital Inpatient Prospective Payment System Final Rule for fiscal year 2025, the Centers for Medicare & Medicaid Services (CMS) assigned spinal fusion cases with aprevo® custom-made anatomically designed interbody fusion devices to the highest level of the … [Read more...] about Carlsmed Announces Favorable Medicare Reimbursement Decision for Spinal Fusions with Custom-Made Anatomically Designed Devices

NanoHive Medical Announces $7M Series C Financing and Change to Directors Composition

August 5, 2024 By SPINEMarketGroup

BOSTON, MA, August 5, 2024 - NanoHive Medical, a leader in 3D-printed titanium spinal interbody fusion devices, announces a $7M Series C Financing to capitalize the company’s rapid growth and a priority on company-building to profitability. Outcome Capital served as Strategic and Financial Advisor to NanoHive. The primary use-of-proceeds include: (i) expanding the U.S. … [Read more...] about NanoHive Medical Announces $7M Series C Financing and Change to Directors Composition

DePuy Synthes Launches its First Active Spine Robotics and Navigation Platform

August 2, 2024 By SPINEMarketGroup

PALM BEACH GARDENS, Fla., Aug. 2, 2024 /PRNewswire/ -- Today, Johnson & Johnson MedTech* announced that DePuy Synthes, The Orthopaedics Company of Johnson & Johnson**, is launching a proprietary dual-use robotics and standalone navigation platform developed in collaboration with eCential Robotics. The system, called the VELYS™ Active … [Read more...] about DePuy Synthes Launches its First Active Spine Robotics and Navigation Platform

MiRus Receives Breakthrough Device Designation for Spine Implant

August 1, 2024 By SPINEMarketGroup

ATLANTA, July 31, 2024 /PRNewswire/ -- MiRus has received Breakthrough Device Designation from the FDA for the EUROPA®Posterior Cervical System, based on it's proprietary rhenium alloys, for treatment of the cervical and upper thoracic spine.  The EUROPA® PCF system is built around a 2.9 mm MoRe rod which is much smaller than current commercial … [Read more...] about MiRus Receives Breakthrough Device Designation for Spine Implant

Stryker reports second quarter 2024 operating results

August 1, 2024 By SPINEMarketGroup

Portage, Michigan, July 30, 2024 (GLOBE NEWSWIRE) -- Stryker (NYSE:SYK) reported operating results for the second quarter of 2024: Second Quarter Results "We delivered another quarter of strong organic sales growth," said Kevin A. Lobo, Chair and CEO. "We remain committed to our margin expansion goals and are excited about our product and M&A … [Read more...] about Stryker reports second quarter 2024 operating results

ATEC Reports Second Quarter 2024 Financial Results And Raises Full-Year Guidance

August 1, 2024 By SPINEMarketGroup

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 ended June 30, 2024, and recent corporate highlights. Recent Highlights “In the second quarter, ATEC’s procedural thesis perpetuated best-in-class top … [Read more...] about ATEC Reports Second Quarter 2024 Financial Results And Raises Full-Year Guidance

Life Spine Announces FDA 510(k) Clearance for the ARx® SAI Spinal Fixation System

July 31, 2024 By SPINEMarketGroup

HUNTLEY, Ill.--(BUSINESS WIRE)--Life Spine, a medical device company that designs, develops, manufactures and markets products for the surgical treatment of spinal disorders, announced today that it has received clearance from the U.S. Food & Drug Administration (FDA) to market the ARx SAI (Sacral Alar Iliac) Spinal Fixation System. The ARx SAI Spinal Fixation System … [Read more...] about Life Spine Announces FDA 510(k) Clearance for the ARx® SAI Spinal Fixation System

SURGLASSES Announces Successful First Clinical Implementation of Caduceus S AR Surgical Navigation System in Thailand

July 31, 2024 By SPINEMarketGroup

ONTARIO, Calif., July 31, 2024 /PRNewswire/ -- Leading augmented reality (AR) medical technology company SURGLASSES today announced that, in collaboration with exclusive distributor Goodlifeintertrade.co. Ltd., it has successfully registered and clinically implemented its AR-based Caduceus S surgical navigation system in Thailand. This groundbreaking system is … [Read more...] about SURGLASSES Announces Successful First Clinical Implementation of Caduceus S AR Surgical Navigation System in Thailand

Stryker’s Spine Guidance 5 Software featuring Copilot receives 510(k) clearance from FDA

July 30, 2024 By SPINEMarketGroup

LEESBURG, Va. , July 30, 2024 /PRNewswire/ -- Stryker (NYSE:SYK), a global leader in medical technologies, today announced that its Q Guidance System with Spine Guidance 5 Software featuring Copilot received 510(k) clearance from the U.S. Food and Drug Administration. This first-to-market technology seamlessly integrates smart-powered* instruments into Stryker's growing … [Read more...] about Stryker’s Spine Guidance 5 Software featuring Copilot receives 510(k) clearance from FDA

Kleiner Device Labs Releases Scan of 10-Months Post-Surgery Utilizing KG2 Surge Flow-Thru Interbody System

July 30, 2024 By SPINEMarketGroup

July 29, 2024 -- Incline Village, Nev., -- “This patient scan 10 months post-surgery utilizing the KG®2 Surge® for a TLIF procedure shows obvious fusion, and demonstrates the value of a biologic foundation of graft between vertebral end plates, maintaining disc height, preventing implant subsidence and preservation of foraminal height”, said Jeff Kleiner, MD, founder and CEO of … [Read more...] about Kleiner Device Labs Releases Scan of 10-Months Post-Surgery Utilizing KG2 Surge Flow-Thru Interbody System

Safe – First-Half 2024 Sales

July 29, 2024 By SPINEMarketGroup

Fleurieux-sur-l’Arbresle - France - July 29, 2024, 6.00 p.m. The group Safe (FR001400F1V2 – ALSAF) announces consolidated sales for 1st half 2024. The Safe Group's consolidated sales for the 1st half of 2024 came to €2.6 million, maintaining a good level. Over the period, the new management team implemented a large-scale plan to transform the Group. Strategic decisions have … [Read more...] about Safe – First-Half 2024 Sales

Captiva Spine Announces First Navigated Office-based SI Fusion Procedure Using Watchtower Roam Spine Navigation System and Transfastern-PSF Posterior SI-Fusion System

July 26, 2024 By SPINEMarketGroup

Plano, TX – July 2024—Neurosurgeon Dr. Abdul Baker, MD, FAANS, FACS, FCNS, and Captiva Spine has set a new benchmark in MIS spine surgery by performing their first navigated, office-based sacroiliac (SI) joint fusion using conscious sedation (patient awake). The procedure utilized Captiva Spine’s advanced WatchTower® ROAM™ Spine Navigation System and TransFasten-PSF Posterior … [Read more...] about Captiva Spine Announces First Navigated Office-based SI Fusion Procedure Using Watchtower Roam Spine Navigation System and Transfastern-PSF Posterior SI-Fusion System

Providence St. Joseph Hospital Performs World’s First Spine Surgery Using eCential Robotics’ Open Spine Robot, with Spineart Compatible Implants

July 26, 2024 By SPINEMarketGroup

ORANGE, Calif. July 25, 2024 – Providence St. Joseph Hospital announced it has successfully performed the world’s first robotic spinal surgery using a new open spine platform by eCential Robotics to implant a Spineart medical device. eCential Robotics, a surgical robotics company which developed the open surgical platform and Spineart, a leader in spine surgery innovation, … [Read more...] about Providence St. Joseph Hospital Performs World’s First Spine Surgery Using eCential Robotics’ Open Spine Robot, with Spineart Compatible Implants

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