OLD ARCHIVES

SAN JOSE, Calif.–(BUSINESS WIRE)–Baxano, Inc., the manufacturer of the innovative and cost-effective iO-Flex® System, announced today the publication of a peer-reviewed study highlighting the advantages of the flagship iO-Flex technology in performing lumbar spinal decompression, a procedure that can be done with and without spinal fusion.The July issue of Clinical Interventions in Aging features an […]

Patients who underwent TranS1’s minimally invasive spine surgery technique to repair 2 discs fared well initially but developed complications down the road, according to a small Brazilian study in the Journal of Neurosurgery: Spine.A small, 27-patient study in Brazil showed that patients who underwent minimally invasive spine surgery using TranS1’s AxiaLif procedure did well at […]

Medical device company Lanx Inc. lost a bid to have 1 of at least 2 breach-of-contract lawsuits filed against it by competitor NuVasive (NSDQ:NUVA) thrown out.The Delaware Chancery Court denied a Lanx motion to dismiss the suit accusing it of raiding NuVasive’s sales force and poaching a surgeon consultant. A separate lawsuit filed in the […]

MEMPHIS, TENN., – July 19, 2012 – Medtronic, Inc. (NYSE: MDT) today announced the initiation of the global launch of the CD HORIZONR SOLERA(TM) 5.5/6.0 System. This product launch is part of the CD HORIZONR family of fixation devices, designed to provide spinal stabilization and correction as an adjunct to fusion in patients suffering from […]

The US Food and Drug Administration (FDA) approved the Renaissance surgical guidance system for brain and spinal surgery, manufactured by Israeli company Mazor Robotics Ltd.Mazor recently improved the system to allow it to work for brain surgery, reported Globes. The units only performing spinal surgery cost $750,000 each. Mazor had NIS 9.2 million in sales for […]

Biomet Inc.’s fiscal fourth-quarter loss narrowed as the orthopedic medical-device maker lowered costs and improved revenue, seeing year-over-year growth in its three largest segments.Though privately held, Biomet’s results are closely watched because the company reports earlier than larger competitors–such as Zimmer Holdings Inc.,Stryker Corp.and Johnson & Johnson JNJ — and could foreshadow industry trends. Biomet […]

Spinal Restoration, Inc., a company restores patients’ lives by delivering new therapies that address unmet needs in spine health management, completes enrollment in phase III Investigational New Drug (IND) study of the Biostat System. The phase III clinical trial is a 260-subject, randomized, blinded, placebo controlled study designed to assess the ability of the Biostat […]

RESTON, VA –(Marketwire – July 13, 2012) – Dr. Thomas C. Schuler and Dr. Christopher R. Good, Spinal Specialists at the Virginia Spine Institute, performed the first robot-guided spine surgery procedure in the Mid-Atlantic Region at HCA Reston Hospital Center. This advancement that these leaders in modern spinal health care pioneered provides surgical candidates with less exposure to radiation, smaller incisions which yield a […]

The MEDICREA Group, listed on Alternext by NYSE – Euronext Paris, a company specialized in the development of innovative surgical technologies for the treatment of spinal pathologies, announces its sales for the 1st half of 2012.Over the 1st half of 2012, MEDICREA recorded sales of 10.8 million euros, an increase of 32% on the 2nd […]

FARMINGDALE, N.Y., July 12, 2012 /PRNewswire via COMTEX/ — Misonix, Inc. (nasdaqgm:MSON), a surgical device company that designs, manufactures and markets innovative therapeutic ultrasonic products worldwide for spine surgery, skull-based surgery, neurosurgery, wound debridement, cosmetic surgery, laparoscopic surgery and other surgical applications, has announced the addition of industry veteran, Christopher A. DeNicola, to its sales […]

(Reuters) – Medical device maker Orthofix International NV will pay $5.2 million to settle charges that its Mexican subsidiary paid bribes to government officials to obtain sales contracts with hospitals, the U.S. Securities and Exchange Commission said.The SEC alleged the company’s Promeca subsidiary regularly paid bribes, referred to as “chocolates,” in the form of cash, […]

SAN JOSE, Calif., July 10, 2012 /PRNewswire via COMTEX/ — SI-BONE, Inc. (San Jose, California), a medical device company that is pioneering the use of a minimally invasive surgical (MIS) device to fuse the sacroiliac (SI) joint announced today that it has reached a significant milestone for its iFuse Implant System® with over 3,000 patients […]

K2M, Inc., a spinal device company developing innovative solutions for the treatment of complex spinal pathologies and minimally invasive procedures, today announced a major expansion of the company’s U.S. biologics offering with the launch of its VESUVIUS™ Osteobiologic Systems and new additions to its VIKOS® Allograft Systems. K2M is working with LifeNet Health®, a leading allograft […]

TAMPA, Fla., July 9, 2012 /PRNewswire-iReach/ — Integrity Life Sciences announced today that on April 5th, 2011, the US Food and Drug Administration issued to Integrity Life Sciences a 510(k) that permits Integrity to legally market their recently developed medical device in the USA. Integrity is also the manufacturer and together with efforts of Third Party […]

Vexim (Paris:ALVXM), a medtech company specializing in minimally invasive treatment of vertebral fractures (“minimally invasive anatomical restoration”), today announced its incorporation of an Italian subsidiary (in Milan). Vexim already has a strong reputation in Italy and so creation of this subsidiary will help accelerate the commercial development of the company’s flagship SpineJack product range on […]

Pennsylvania-based Synthes’ chairman cared more about retiring to a life of philanthropy than shareholders when he sold the health care company to Johnson & Johnson, a lawyer for investors told a judge Friday.Investors’ lawyers claim Synthes chairman Hansjoerg Wyss didn’t consider higher offers from private equity firms, choosing instead to sell the company to Johnson […]

SAN FRANCISCO & PARIS, Jul 02, 2012 (BUSINESS WIRE) — SpineGuard:“PediGuard helps me cannulate more accurately during pedicle screw placement. And, it dramatically reduces the OR’s exposure to image-guiding radiation. This is very important to us because we recently lost a partner to thyroid cancer, which we believe was radiation-induced.”Larry T. Khoo, M.D. Neurosurgeon, The […]

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Johnson & Johnson (JNJ)’s $21.3 billion buyout of Synthes Inc. shortchanged the medical-device maker’s investors while improperly benefiting its chairman, a lawyer argued in courtSynthes Chairman Hansjoerg Wyss, the company’s controlling shareholder, engineered the J&J buyout to meet his retirement needs rather than to get the highest price for the maker of devices to treat […]

SANTA CLARA, Calif., June 28, 2012 /PRNewswire via COMTEX/ — Benvenue Medical, Inc., a developer of minimally invasive solutions for spine repair, announced it completed a $25 million Series D round of financing. The spine company intends to use the proceeds to sustain global commercialization of its three breakthrough minimally invasive products to treat degenerative […]

HOFFMAN ESTATES, Ill., Jun 28, 2012 (BUSINESS WIRE) — Life Spine, Inc., a medical device company that designs, develops, manufactures and markets products for the surgical treatment of spinal disorders, announced today that it has been recognized for achieving the highest patent output per employee in the Chicago area for 2011, according to a recent […]

WARSAW, Ind., June 26, 2012 — /PRNewswire/ — Zimmer Holdings, Inc. (NYSE: ZMH; SIX: ZMH), a global leader in musculoskeletal health, today introduced the TM Ardis™ Interbody System, the first application of a porous metal implant with an interbody indication for the lumbar spine in the United States.  The TM Ardis System extends the applications […]

Infuse is a bio-engineered bone graft device that is marketed by Medtronic for lumbar surgery. It is intended as a substitute for the traditional surgical procedure involving the taking of a bone graft from the patients hip. The advantage of this product is that no surgery is needed to remove bone from the patient’s hip […]

It pays to take a minimally invasive approach to transforaminal lumbar interbody fusion, according to the investigators of a new study.In an analysis of procedures performed at Rush University Medical Center in Chicago, researchers found a $5,991 difference in direct and indirect hospital costs between the open and minimally invasive surgery (MIS) approaches. In contrast, […]

PARSIPPANY, N.J., Jun 19, 2012 (BUSINESS WIRE) — Precision Spine, Inc. (“Precision Spine”) announced today that it has purchased Spinal USA, LLC (“Spinal USA”) and Precision Medical of Mississippi, LLC (“Precision Medical”), privately held medical device companies headquartered in Pearl, MS, in a transaction valued at approximately $72 million. Precision Spine recognized the significant industry […]

TORONTO, Jun 18, 2012 (BUSINESS WIRE) — According to Millennium Research Group (MRG), the global authority on medical technology market intelligence, while demographic factors will increase volumes of spinal implant procedures, strong downward pressures on both selling prices and procedure volumes resulting from Europe’s financial crisis will keep the European spinal implant market from growing […]

WARSAW, Ind.–(BUSINESS WIRE)–Biomet, Inc., a global leader in the manufacture of musculoskeletal medical products, announced today the initial closing of the previously announced acquisition of the worldwide trauma business of DePuy Orthopaedics, Inc. As part of the initial closing, Biomet has acquired DePuy Trauma’s operations in the United States, the United Kingdom, Australia, New Zealand […]