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2012

Paradigm Spine, LLC Announces Landmark Results In Two Recent Publications Based On Its Groundbreaking coflex® IDE Study

June 15, 2012 By SPINEMarketGroup

NEW YORK, June 14, 2012 — /PRNewswire/ — Paradigm Spine, LLC, a leading provider of non-fusion “surgeon-centric” spinal implant technologies, announces the release of key findings based on its landmark coflex® IDE study.In a podium presentation titled “Coflex® Interlaminar Stabilization Compared to Posterior Spinal Fusion”, the Company highlights its study of the safety and efficacy of […]

DFINE Announces Completion of STAR(TM) Tumor Ablation System Phase I Release

June 15, 2012 By SPINEMarketGroup

SAN JOSE, Calif., Jun 14, 2012 (BUSINESS WIRE) — DFINE, Inc., the developer of minimally invasive radiofrequency (RF) targeted therapies for the treatment of vertebral pathologies, today announced an upcoming poster presentation at the World Congress of Interventional Oncology (WCIO), June 14-18 in Chicago. The poster, “Radiofrequency Ablation and Vertebral Augmentation of Bone Metastasis of […]

Korean FDA Clears Mazor Robotics’ Renaissance Robotic Platform

June 14, 2012 By SPINEMarketGroup

CAESAREA, Israel–(BUSINESS WIRE)–Mazor Robotics Ltd. (TASE:MZOR), a developer of innovative surgical robots and complementary products, today announced that its Korean distributor, BR Holdings, received marketing clearance from the Korean Food & Drug Administration (KFDA) to market Mazor’s Renaissance™ system. Renaissance is Mazor Robotics’ surgical guidance system for spine procedures. BR Holdings is a leading distributor […]

J&J to Sell Wrist-Fracture Treatment as Part of Synthes Deal

June 13, 2012 By SPINEMarketGroup

The Federal Trade Commission said Monday it will require Johnson & Johnson JNJ to sell its system for surgically treating serious wrist fractures to rival Biomet Inc. as a condition of its $21.3 billion bid for medical-device maker Synthes Inc.The federal agency said the divestiture would resolve an FTC complaint that alleged the company’s Synthes deal […]

Mazor Robotics Announces First Brain Cases Using Its Robotic Platform

June 11, 2012 By SPINEMarketGroup

CAESAREA, Israel, Jun 11, 2012 (BUSINESS WIRE) — Mazor Robotics Ltd. (tase:MZOR), a developer of innovative surgical robots and complementary products, today announced the successful completion of the first robot-guided brain surgical procedures, which were performed with Mazor Robotics’ technology. Neurosurgeons Dr. In-Se Kim and Prof. Robert Schonmayr performed the first three cases at HSK […]

Spinal Elements®, Inc. Announces Impending Launch of its Lucent® PEEK Interbody Implants with Ti-Bond™ Titanium Porous Coating

June 9, 2012 By SPINEMarketGroup

Carlsbad, CA (PRWEB) June 06, 2012June 6, 2012 – Spinal Elements, a spine technology company, announced today its plans to launch its Lucent® Ti-Bond™ line of PEEK interbody implants with a plasma-sprayed titanium porous coating. The product launch is scheduled for August 1, 2012.The company’s Ti-Bond coating consists of random, unconnected titanium pores, which are […]

Alex Lukianov: “Medical Devices Tax Hinders Innovation”

June 8, 2012 By SPINEMarketGroup

As the chairman and CEO of NuVasive, a medical device company based in San Diego, I want to share serious concerns I have about certain aspects of the Affordable Care Act (ACA, aka Obamacare) and explain how it is destroying jobs, hindering innovation and slowing the economic recovery.NuVasive embodies the American dream. In just 13 […]

VEXIM : strengthens its management team naming Marie-Pierre Hontas as Clinical Affairs Director

June 7, 2012 By SPINEMarketGroup

Vexim a Med-Tech company that specializes in minimally invasive treatment of vertebral fractures, has announced the appointment of Marie-Pierre Hontas as Clinical Affairs Director. Marie-Pierre Hontas has over 20 years of experience in international clinical research acquired in the pharmaceutical and medical device industries. Marie-Pierre will lead the Clinical Department team including current and future […]

K2M Strengthens Complex Spine Leadership with Debut of MESA(R) Small Stature

June 6, 2012 By SPINEMarketGroup

LEESBURG, Va., Jun 05, 2012 (BUSINESS WIRE) — K2M, Inc., a spinal device company developing innovative solutions for the treatment of complex spinal pathologies and minimally invasive procedures, today announced the debut of the MESA(R) Small Stature Spinal System, a O4.5 mm line extension of the company’s revolutionary low profile, zero torque family of products.MESA […]

Internal Fixation Systems, Inc. Announces Investor Awareness Campaign

June 5, 2012 By SPINEMarketGroup

MIAMI, Jun 4, 2012 (GlobeNewswire via COMTEX) — Internal Fixation Systems, Inc.a designer and marketer of Orthopedic, Spinal and Podiatric Implants, announced today it has entered into an agreement with Kinsley Street Investor Group of Princeton, New Jersey to launch an Investor Awareness Campaign beginning June 4, 2012 to last throughout the remainder of 2012. […]

MEDICREA’s LigaPASS(TM): FDA Approval and First Surgeries in the US

June 2, 2012 By SPINEMarketGroup

LYON, France, May 31, 2012 (BUSINESS WIRE) — Medicrea announces today the approval by the FDA of the LigaPASS(TM) spinal fixation system and the first LigaPASS(TM) surgeries performed in the U.S. by Dr. A. AMINIAN (Saint Joseph Hospital, Orange, CA. USA).Dr. AMINIAN commented after his first surgeries with the LigaPASS(TM) implant: “Until today, patients with […]

Orthofix International Announces Integration with Brainlab Spinal Image Guided Surgery System

May 30, 2012 By SPINEMarketGroup

LEWISVILLE, Texas, May 30, 2012 (BUSINESS WIRE) — Orthofix International N.V. announced today that it has reached an agreement with Brainlab for an integration of their Phoenix(TM) MIS and Firebird(TM) Pedicle Screw Systems into the latest generation of Brainlab spinal navigation systems.“Our collaboration with Brainlab is another step in promoting new technologies for procedures such […]

Zimmer Introduces a new Porous Metal Interbody Implant for Lumbar Spine at SpineWeek 2012

May 29, 2012 By SPINEMarketGroup

AMSTERDAM, May 29, 2012 /PRNewswire/ — Zimmer Holdings, Inc. (NYSE: ZMH; SIX: ZMH) a global leader in musculoskeletal health, today introduced the TM Ardis™ Interbody System, a new porous metal interbody implant for lumbar spine at the 2012 SpineWeek meeting in Amsterdam, Netherlands.  SpineWeek is an annual meeting of the leading scientific spine societies from […]

Newly formed Safe Orthopaedics to revolutionize the cost effectivity, and safety of the spinal Implants

May 29, 2012 By SPINEMarketGroup

“Today’s healthcare challenges extend outside the operating room and demand cost-effective, safe and efficient solutions,” says Dominique Petit, founder and CEO of privately held, Paris-based Safe Orthopaedics. “Safe Orthopaedics exists to deliver those technological solutions to the marketplace.”While cost containment is at the forefront of all healthcare related issues, orthopaedic implant systems present particularly difficult […]

Orthofix International Completes Divestiture of Sports Medicine Business Unit

May 28, 2012 By SPINEMarketGroup

LEWISVILLE, Texas, May 24, 2012 (BUSINESS WIRE) — Orthofix International N.V.announced today that it completed the divestiture of its Sports Medicine Business Unit, Breg, Inc., to Water Street Healthcare Partners, a strategic private equity firm focused exclusively on the health care industry. The purchase price was $157.5 million less normal and customary working capital adjustments […]

Internal Fixation Systems, Inc. Enters Into $7.5M Equity Purchase Agreement With Hyde Park Advisors, LLC, an Affiliate of Institutional Investor Central Park Financial

May 25, 2012 By SPINEMarketGroup

MIAMI, May 24, 2012 (GlobeNewswire via COMTEX) — Internal Fixation Systems, Inc. (the “Company”), a manufacturer and marketer of orthopedic, spinal and podiatric implants, today announced that the Company has entered into an equity credit agreement with Hyde Park Advisors, LLC (“Hyde Park”), an affiliate of Central Park Financial, a N.Y. based institutional investor.Under the […]

Medtronic’s Profit Rises

May 24, 2012 By SPINEMarketGroup

Medtronic Inc.’s  fiscal-fourth-quarter earnings rose 28% as the medical-device maker reported fewer charges but continued to face challenges in key heart- and spinal-device markets.Chairman and Chief Executive Omar Ishrak pointed to new products and the company’s growth in emerging markets, where revenue climbed 20% excluding currency fluctuations.Medtronic has been battling sluggish sales in recent quarters […]

AxioMed raises another $5 million in equity financing

May 24, 2012 By SPINEMarketGroup

Spinal implant developer AxioMed Spine Corp. has raised another $5 million in equity financing from existing and new investors, closing a $20 million Series D financing round, the company announced Tuesday.AxioMed in 2009 received the CE Mark for its Freedom Lumbar Disc, a similar product designed to replace discs in the lower spine.The Garfield Heights […]

Mazor Robotics Introduces Renaissance C-OnSite Application for 3D Intra-Operative Implant Verification

May 23, 2012 By SPINEMarketGroup

CAESAREA, Israel, May 23, 2012 (BUSINESS WIRE) — Mazor Robotics Ltd (tase:MZOR), the leader in innovative surgical robots and complementary products for spine surgery, announced the global launch of the C-OnSite(TM) enhancement to its Renaissance(TM) system. Renaissance is Mazor Robotics’ surgical guidance system for spine procedures and the incorporation of C-OnSite creates a full solution […]

Misonix Announces New Distribution Agreement for Baltic Countries

May 23, 2012 By SPINEMarketGroup

FARMINGDALE, N.Y., May 22, 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 entered into a new, three year, exclusive distribution agreement with Apex Medicus, […]

Baxano Completes Enrollment in Lumbar Spinal Stenosis Study

May 22, 2012 By SPINEMarketGroup

SAN JOSE, Calif., May 22, 2012 (BUSINESS WIRE) — Baxano, Inc., a Silicon Valley based medical device company and manufacturer of the iO-Flex(R) System used in spinal decompression surgery, today announced it has completed enrollment in its iO-Flex Study. The iO-Flex Study is a post-market clinical performance evaluation of the company’s flagship surgical system for […]

Device Industry Veterans Join Benvenue Medical Board of Directors

May 22, 2012 By SPINEMarketGroup

SANTA CLARA, Calif., May 21, 2012 /PRNewswire via COMTEX/ — Benvenue Medical, Inc., a developer of minimally invasive solutions for spine repair, announced today the appointments of two new members to its Board of Directors. Thomas M. Prescott, president and CEO of Align Technology, Inc., and Thomas C. Wilder, president and CEO of Sequent Medical, […]

Justice Department closes case on Medtronic spine surgery product

May 19, 2012 By SPINEMarketGroup

MILWAUKEE — In a surprising move, the U.S. Department of Justice has ended its four-year investigation of Medtronic and its spine surgery product Infuse.Medtronic said it had been notified by the U.S. attorney for the District of Massachusetts that federal prosecutors had closed the case. No charges were issued and no settlement was reached.Since 2008, […]

Medtronic says federal prosecutors ended inquiry into company’s InFuse spinal graft

May 17, 2012 By SPINEMarketGroup

MINNEAPOLIS — Medical device maker Medtronic Inc. said Wednesday that federal prosecutors have closed their investigation of the company’s InFuse bone graft.The world’s largest medical device company was being investigated by the U.S. Department of Justice and the U.S. Attorney for the District of Massachusetts. The government first subpoenaed documents from Minneapolis-based Medtronic in October […]

Spinal Kinetics Wins Another Round in Synthes’ Patent Litigation

May 15, 2012 By SPINEMarketGroup

SUNNYVALE, CA–(Marketwire – May 15, 2012) – Spinal Kinetics, Inc., the designer and manufacturer of the innovative M6® Artificial Disc, today announced that the German District Court in Mannheim has dismissed Synthes’ patent infringement claim involving German utility model No. DE 20321645U1 against Spinal Kinetics. The court also ordered that certain litigation costs are to […]

AxioMed Spine Corporation Receives CE Mark for Freedom(R) Cervical Disc

May 15, 2012 By SPINEMarketGroup

GARFIELD HEIGHTS, Ohio, May 15, 2012 (BUSINESS WIRE) — AxioMed(R) Spine Corporation ( www.axiomed.com ) announces the receipt of CE Mark approval for its Freedom(R) Cervical Disc, an elastomeric total spinal disc replacement device. The CE Mark approval was received as a result of an accredited European Notified Body conformity assessment of the Company’s complete […]

SurgLine enters pact with MedNPV to supply low cost spinal implants

May 15, 2012 By SPINEMarketGroup

SurgLine International, Inc., a development stage company that owns unique patent pending solar and photovoltaic related technology, has signed an agreement with MedNPV, LLC (MedNPV), a well-established management company and surgical group operator with business throughout the state of California. The agreement between the parties will permit SurgLine to supply its’ low cost spinal orthopaedic […]

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