ATLANTA — Medical device incubator and technology brokerage firm, Hatch Medical, L.L.C. today announced the issuance of US Patent No. 8,357,197 and US Patent No. 8,357,198 related to their percutaneous spinal stabilization system. Hatch Medical previously entered into a joint venture with physician inventor J. Kevin McGraw, M.D. to develop and market the “microinvasive” spinal […]
2013
VertiFlex®, Inc. Announces First Patient Successfully Treated with the Totalis™ Direct Decompression System
SAN CLEMENTE, Calif.–(BUSINESS WIRE)–VertiFlex®, Inc., a leading innovator of advanced minimally invasive spinal surgery technologies, today announced successful completion of the first Totalis™ Direct Decompression procedure, performed by Dr. Eric Grigsby at the Napa Surgery Center on March 1, 2013.“We are very pleased with the development of Totalis™ and the achievement of its successful first […]
J&J Trims Executives’ 2012 Bonuses by 10%
Johnson & Johnson’s (JNJ) “mixed” performance in 2012 prompted its board to reduce the planned bonus for Chief Executive Alex Gorsky and other senior officers by 10%, the health-care giant disclosed Wednesday.J&J said the move was part of a shift in its executive compensation policies to more closely link pay to performance. The company has […]
NLT SPINE Sets the Stage for Commercialization and Opens U.S. Office
KFAR SABA, Israel–(BUSINESS WIRE)–NLT SPINE, a developer of products for spine procedures that are performed through a small incision, officially opened a subsidiary in the U.S. to support the commercialization of its advanced technology platform.“Our vision is ultimately to revolutionize the spine market and create a shift towards MISS, similar to the way the catheter […]
Stryker Announces The Launch Of The ES2™ Spinal System
ALLENDALE, N.J., March 15, 2013 –/PRNewswire/ — Stryker announced today the launch of the ES2 Spinal System. The ES2 system is built on Stryker’s trusted Xia 3 pedicle screw technology, which has been used in approximately 500,000 cases worldwide. ES2’s streamlined implant and instrument design allows for one-step, percutaneous placement of the screw and retractor, […]
VertiFlex(R), Inc. Announces Sale of Certain Non-Core Spinal Implant Technologies to Stryker
SAN CLEMENTE, Calif., Mar 13, 2013 (BUSINESS WIRE) — VertiFlex(R), Inc., a leading innovator of advanced minimally invasive spinal surgery technologies, today announced the sale of certain assets to Stryker Corporation’s Spine Division relating to spinal implants that are not core to the ongoing strategic operations of the company. The scale and scope of the […]
Orthofix International Appoints Brad Mason as President and Chief Executive Officer
LEWISVILLE, Texas — Orthofix International N.V., (NASDAQ:OFIX) (the Company) announced today that it has appointed Brad Mason as its President and Chief Executive Officer, effective immediately. Mr. Mason succeeds Robert Vaters, who resigned to pursue other interests. As an industry veteran, Mr. Mason brings deep knowledge of the Company’s products, distribution channels, and markets, as […]
Amedica Corporation Names Farnsworth CFO
Amedica Corporation, a spinal and reconstructive medical device manufacturer, announced today that Karl Farnsworth has been named Chief Financial Officer (CFO) on February 21, 2013.Mr. Farnsworth brings more than 25 years of experience as a financial executive for growth-oriented, publicly traded companies in multiple industries. He most recently served as the Senior Vice President and […]
Alphatec Spine Receives FDA 510(K) Market Clearance for Its Alphatec Solus
CARLSBAD, Mar 12, 2013 (GLOBE NEWSWIRE via COMTEX) — Alphatec Holdings, Inc. , the parent company of Alphatec Spine, Inc., a company with a mission to provide physician-inspired solutions for patients with spinal disorders, announced today that the Company has received clearance from the U.S. Food and Drug Administration (FDA) to market and sell its […]
Nexxt Spine Moving to Noblesville
Noblesville, Ind. — The Noblesville Common Council voted unanimously to approve an agreement with ,Nexxt Spine, LLC, a medical device manufacturer that designs and produces spinal implants. Nexxt Spine will consolidate and relocate its headquarters and manufacturing facilities to the Noblesville Corporate Campus. It will join several other medical device manufacturers currently located in Noblesville […]
J&J Faces Second Trial Over Recalled Hip After Loss
Johnson & Johnson (JNJ)’s DePuy unit, which just lost a $8.3 million verdict in the first trial over its recalled metal hip implant, now faces a second jury that will consider whether the design was defective.Jurors in Chicago will hear opening statements today about a lawsuit by Carol Strum, 54, an Illinois nurse who claims […]
Aesculap Implant Systems Launches PL-AGE(R) Anterior Cervical Fusion System
CENTER VALLEY, Mar 08, 2013 (GLOBE NEWSWIRE via COMTEX) — Aesculap Implant Systems announced today the availability of the new PL-AGE System, a stand-alone device intended for use in anterior cervical spinal fusion procedures at one level from C3-C7. The PL-AGE offers an integrated plate-cage design featuring a one-piece titanium housing for strength, slotted screw […]
Wright Medical Concludes Take over
Orthopedic devices maker Wright Medical Group recently reported that it had concluded its take over of BioMimetic Therapeutics. This deal will amalgamate Wright Medical’s strong sales team and product lineup with BioMimetic’s biologics offering pipeline.On Nov 19, 2012, Wright Medical revealed its intention to take over BioMimetic Therapeutics for an initial cash payment of $190 […]
Spinal surgery firm TranS1 to acquire Baxano for $23.6M
RALEIGH, N.C. —Spinal surgery medical device maker TranS1 (NASDAQ: TSON) is expanding its focus on minimally-invasive lumbar spine treatments with the acquisition of another spinal products company, Baxano, in a stock deal valued at about $23.6 million. Raleigh-based TranS1 will issue approximately 10.4 million shares of TranS1 common stock and pay $550,000 in cash to […]
Lanx Announces Initial Launch of ALTA(TM) Stand-Alone System for Anterior Cervical Fusion
BROOMFIELD, Colo., March 4, 2013 (GLOBE NEWSWIRE) — Lanx, Inc., a privately held global spine company focused on developing and commercializing innovative devices for fusion surgery, today announced the initial launch of the ALTA™ Stand-Alone ACDF System for a less invasive approach to anterior cervical fusion. The System is the first to feature three low-profile […]
Globus Medical Has The Growth, But What About Value?
On first glance, Globus Medical (GMED) looks like it could be one of the unicorns of the med-tech space – a legit growth story that the market hasn’t already pushed up to a red-hot valuation. Globus has what seems to be a sustainable culture built around product innovation, and that steady stream of innovative products […]
Varied reactions make impact of medical device tax uncertain
Response to the 2.3 percent medical device excise tax has ranged from medical device companies threatening to lay off employees because of it to companies blaming the tax for layoffs (and laterdenying it) to congressmen in the Democratic and Republican parties passing legislation to repeal it.The 2.3 percent tax, which took effect Jan. 1, is […]
Amedica Expands Patent Portfolio with Proprietary Silicon Nitride Total Disc Implant to Treat Neck and Back Pain
SALT LAKE CITY, Feb. 28, 2013 /PRNewswire/ — Amedica Corporation, a spinal and reconstructive medical device manufacturer, announced today that the company received a new patent for an artificial spinal disc implant based on its proprietary Silicon Nitride (Si(3)N(4)) ceramic material.Amedica’s artificial spinal disc implant is unique in its design, material and construction. This is […]
Premia Spine launches alternative implant for spinal surgery
TEL AVIV (Reuters) – A medical implant developed by Premia Spine offers patients with certain spinal disorders an alternative to traditional fusion surgeries, enabling a quicker recovery and greatly reducing the risk of reoperation, the Israeli company said.The device called TOPS is fixed to the spine with screws and differs from other products on the […]
NuVasive(R) Announces First Patients in Japan Treated With the XLIF(R) Surgical Technique
SAN DIEGO, CA, Feb 26, 2013 (MARKETWIRE via COMTEX) — NuVasive, Inc., a medical device company focused on developing minimally disruptive surgical products and procedures for the spine, is proud to announce that the very first eXtreme Lateral Interbody Fusion (XLIF(R)) procedures were performed yesterday and today at two different hospitals in Japan.NuVasive has received […]
Zimmer® DTO® 5.5 System Provides Surgeons With Versatility to Treat Different Stages of Degeneration at Contiguous Levels
MINNEAPOLIS, Feb. 25, 2013 /PRNewswire/ — Zimmer Spine is excited to announce the launch of the Zimmer DTO 5.5 System. Building on the success of the original Zimmer® DTO® System, new implants and instruments have been designed to connect the clinically-proven Dynesys® Dynamic Stabilization System with Zimmer Spine’s world class pedicle screw systems, the Sequoia® […]
Ascendx Spine™ Receives Recognition from SEMDA
WINTER PARK, Fla. — Ascendx Spine™, Inc., (www.ascendxspine.com) has received the ‘Spotlight’ award from SEMDA (Southeast Medical Device Association) as the best presentation at the Seventh Annual SEMDA Conference last week. As a result, Ascendx was asked to be a featured presenting company at AdvaMed 2013: The MedTech Conference, to be held September 23-25, 2013, […]
All the Cervical ADR market information!!!
Find ALL the Cervical ADR competitors in the NEW “Cervical ADR page!!!In less than a month, the US Food and Drug Administration (FDA) recently approved three spine PMAs, two for cervical disc replacement devices, and there are two more cervical discs in the queue for near-term PMA approval. All of this activity suggests the $122 million […]
New Book in the Coaching Page
Now, it is available the book summary of the bestseller “The Tipping Point” written by Malcolm Gladwell.He sold 1.7 million copies by 2006.Sales increased again in 2006 after the release of Gladwell’s next book,Blink. Please, find more information about the book in :http://en.wikipedia.org/wiki/The_Tipping_Point
Spinal implant offers new hope to back pain sufferers
A revolutionaryspinal implant has allowed crippled patients to walk again and freed others from a life of constant, debilitating pain.Hunndreds of thousands of people suffer the daily agony of spinal injuryHundreds of thousands more people suffering the agony of spinal injury could now benefit from the new device developed by scientists at London’s Guy’s and […]
Mazor Robotics Renaissance™ Reaches Milestone With Spine Surgeons Placing Over 1,000 Implants Percutaneously
NORCROSS, Ga., Feb. 20, 2013 /PRNewswire/ – While only 10 to 15 percent of all spine surgeries are performed using minimally-invasive surgical (MIS) techniques, 25 percent of all Renaissance™ cases (1,019 and rising) have been executed percutaneously. Mazor Robotics, recently named one of The World’s 50 Most Innovative Companies by Fast Company, offers advantages to […]
ulrich medical USA™ Releases New Spinal Implant for U.S. Market, flamenco™ Thoracolumbar Rod-Screw System
ST. LOUIS, Feb. 20, 2013 /PRNewswire/ — ulrich medical USA, Inc., today announced the U.S. market release of the flamenco™ Universal Spinal Fixation System which is designed to enhance decompression and stabilization of the thoracic and lumbosacral spine when used for fusion surgeries. The flamenco system provides a wide range of polyaxial screws, monoaxial screws, […]