RTI Biologics Inc. (RTI) (Nasdaq: RTIX), a leading provider of orthopedic and other biologic implants, announced today its intent to acquire privately held Pioneer® Surgical Technology (Pioneer), headquartered in Marquette, Mich. Pioneer is a leading medical technology company that manufactures and distributes metal and synthetic products in the orthopedics, biologics, spine, trauma and cardiothoracic markets. […]
2013
Medtronic Announces CE Mark of a New Spinal Instrument
NICE, France – June 13, 2013 – Medtronic, Inc. (NYSE: MDT) announced today the CE Mark (Conformité Européenne) and the European launch of the ReDuX(TM) Plier, a new instrument specially designed for use during osteotomies. With the launch of this first specially-designed surgical instrument in the spinal orthopaedic industry, physicians in the European community may […]
Aurora Spine Announces the Appointment Mr. Richard Moss VP of International Business Development
Carlsbad, CA- June 11th, 2013- Aurora Spine today announces the appointment of Mr. Richard Moss, VP of International Business Development. Mr. Moss has been VicePresident of International Sales at Doctors Research Group, Inc. since February 2009.He served as Director of Sales (Europe) for TranS1, Inc., a publicly traded US medical device company based in Wilmington […]
NuVasive Announces Court Ruling Regarding Ongoing Royalties
SAN DIEGO, CA–(Marketwired – Jun 12, 2013) – NuVasive, Inc. (NASDAQ: NUVA) a medical device company focused on developing minimally disruptive surgical products and procedures for the spine, announced today that it received a ruling from the U.S. District Court in regards to ongoing royalty rates for Phase I of its patent litigation with Medtronic. […]
Ready to Shake Up the Spinal Industry
(Smallcapnetwork.com/James-E-Brumley) Look out Medtronic (NYSE:MDT), and Stryker Corporation (NYSE:SYK), you’re on notice. Your dominance in the spinal surgery and implant market is about to be threatened by BioRestorative Therapies, Inc. (OTCBB:BRTX)… a company that is developing a treatment option for damaged spinal discs that is not only cheaper than surgical alternatives (like fusions or implants), but […]
Titan Spine Appoints Vice President of Operations
MEQUON, Wis.–(EON: Enhanced Online News)–Titan Spine announced the appointment of Mark Berg as Vice President of Operations today. Mr. Berg brings over twenty years of operational, manufacturing and engineering leadership experience to Titan from numerous well-respected orthopaedic, spine, dental and biologic companies.Previously, Mr. Berg served as Vice President of Manufacturing for Biomet 3i in Palm […]
Lanx Appoints Fernando Villamil, MD to Surgeon Advisory Board
BROOMFIELD, Colo., June 10, 2013 (GLOBE NEWSWIRE) — Lanx, Inc., a privately held global spine company focused on developing and commercializing innovative devices for fusion surgery, today announced that orthopedic surgeon Fernando Villamil, MD, of San Juan, Puerto Rico has joined its Surgeon Advisory Board. Dr. Villamil will also serve as Lanx’s Director of Education […]
TranS1 acquires company, moves HQ to Raleigh
Wilmington-based TranS1 Inc., maker of products that treat degenerative conditions of the spine, has acquired Baxano Inc., a Raleigh-based privately held medical device company. The company is relocating its headquarters to Raleigh.The company’s release stated that under the terms of the merger agreement, RacerX Acquisition Corp., a wholly owned subsidiary of TranS1, merged with and […]
RSB Spine, LLC, Announces International Distribution and Licensing Agreement
CLEVELAND, June 6, 2013 /PRNewswire/ — RSB Spine, LLC, a medical device company focused on developing unique modular spinal fusion products for surgical treatment of degenerative disc disease, today announced it has signed an exclusive distribution and licensing agreement with JMF (T) Group Co, Ltd of Thailand. RSB Spine’s products will be distributed by JMF […]
VEXIM : postpones its private placement
VEXIM (Paris:ALVXM)(FR0011072602 – ALVXM), a medical device company specializing in the minimally-invasive treatment of vertebral fractures, has today decided to postpone the private placement announced on June 3rd, as the expected conditions for its execution were not met. VEXIM was considering this private placement as a means to finance the acceleration of its clinical and […]
Providence Medical Technology Announces U.S. Regulatory Clearance of PMT Cervical Cage
SAN FRANCISCO–(BUSINESS WIRE)–Providence Medical Technology, Inc. (PMT) today announced it received 510(k) clearance from the FDA for its PMT Cervical Cage. PMT Cervical Cage is a novel minimally-invasive implant and delivery system for cervical fusion procedures.PMT Cervical Cage is indicated for use in skeletally mature patients with degenerative disc disease (DDD) of the cervical spine […]
NuVasive® Announces Global Launch of MAS® PLIF
SAN DIEGO, CA–(Marketwired – May 31, 2013) – NuVasive, Inc. (NASDAQ: NUVA), a medical device company focused on developing minimally disruptive surgical products and procedures for the spine, is excited to announce the global launch of its Maximum Access Surgery Posterior Lumbar Interbody Fusion (MAS® PLIF) procedure. Initially released in a limited launch around the […]
Spinal Elements®, Inc. Announces Licensing and 510(k) Product Clearance
CARLSBAD, Calif., May 29, 2013 /PRNewswire-iReach/ — Spinal Elements, a spine technology company, today announced that they have licensed a portfolio of patents essential for accessing the lumbar spine from a lateral approach and placing implants from that approach. The lateral approach to the spine provides the potential for less disruptive, minimally invasive surgical (MIS) […]
OsteoVantage™ Receives Supplemental Grant from the National Science Foundation
Fayetteville, Arkansas (PRWEB) May 29, 2013OsteoVantage, Inc. has received a National Science Foundation (NSF) Phase IB Small Business Innovation Research grant of $30,000 to continue the development of a specially designed screw used in lower back fusion surgery. This award follows the achievement of a Phase I grant of $150,000 received by the company in […]
Lanx Announces Initial Launch of TIMBERLINE(TM)
BROOMFIELD, Colo., May 28, 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 TIMBERLINE™ MPF Lateral Modular Plate Fixation System, the first modular anchored interbody device for lateral fusion. The implant enhances the TIMBERLINE System […]
Medtronic Takes the Lead in the US Spinal Implant Market
Vancouver, BC (PRWEB) May 28, 2013According to a series of reports published this year byiData Research, the U.S. total spinal implant market was worth over $5.5 billion, with the minimally invasive surgery (MIS) spinal implant market comprising $1.5 billion of that value. MIS spinal implants include spinous process fixation, facet fixation, MIS interbody fusion, pedicle […]
Spinal Elements®, Inc. Relocates Corporate Headquarters in Carlsbad
Carlsbad, California (PRWEB) May 22, 2013Spinal Elements, an innovative spine technology company, has moved its corporate headquarters in Carlsbad to 3115 Melrose Drive, Suite 200, Carlsbad, CA 92010. The move stems from the company’s continued and projected growth and has expanded the corporate office space from approximately 8,500 square feet to over 40,000 square feet.Jason […]
Algea Therapies Launches SHIELD VCF System
AUDUBON, Pa.–(BUSINESS WIRE)– Algea Therapies, a division of Globus Medical Inc. (NYS: GMED) , committed to finding innovative, minimally invasive solutions that treat pain and restore quality of life, today announced the launch of the SHIELD™ Vertebral Compression Fracture (VCF) System, a next generation fracture management and vertebral augmentation platform for patients with vertebral compression […]
Medtronic cuts 2,000 jobs worldwide
MINNEAPOLIS — Medical device maker Medtronic confirms it is eliminating 2,000 jobs worldwide, including 500 in Minnesota.About half of the jobs being eliminated are in the U.S.A Medtronic spokeswoman said about 65 percent of the job cuts have already occurred. The rest will be eliminated in the current fiscal year that ends next April.Most of […]
Titan Spine Announces New Appointments
MEQUON, Wis. — Titan Spine, a medical device surface technology company focused on developing innovative spinal interbody fusion implants, announced today that it has named two spine surgeons to its Key Opinion Leader Advisory Team, Dr. Kade T. Huntsman of Salt Lake City, Utah and Dr. Axel Reinhardt of Potsdam, Germany. The new members bring […]
Medtronic Spine reports flat 4th quarter revenue
May 21–Medical device maker Medtronic Spine on Tuesday reported revenue of $811 million for its fourth quarter, a 1 percent drop from the same period last year.Memphis-based Medtronic Spine is the second-largest division of Medtronic Inc., based in Minneapolis, which reported fourth-quarter revenue of $4.5 billion, a 4 percent gain, or 5 percent adjusting for […]
Cerapedics Appoints President and Chief Operating Officer
WESTMINSTER, Colo. –Cerapedics, Inc. announced today that its Board of Directors has appointed Glen A. Kashuba as the company’s new chief executive officer, effective June 1, 2013.Kashuba formerly served as worldwide president of Spine & Bone Healing Technologies, Inc., a Biomet company, while concurrently serving as senior vice president on Biomet’s worldwide operating board, encompassing […]
J&J Units Sued Over Spinal Implant Patent
Law360, New York (May 16, 2013, 1:30 PM ET) — Two of Johnson & Johnson’s DePuy Synthes units were hit Wednesday in Delaware federal court with allegations that they infringed Globus Medical Inc.’s patent covering a spinal implant.Globus sued DePuy Synthes Products LLC and DePuy Synthes Sales Inc., alleging their Zero-P VA intervertebral fusion implant […]
VESTAKEEP® PEEK-Based Spinal Implant Receives FDA 510(k) Approval
PARSIPPANY, N.J. — Xiphos™ ALIF, a VESTAKEEP® PEEK-based (polyetheretherketone) spinal implant developed by DiFusion Technologies, has received the U.S. Food and Drug Administration’s (FDA) 510(k) approval for use in Interbody Fusion Devices (IBF) devices.“DiFusion Technologies is very excited about the FDA 510(k) approval of the VESTAKEEP® PEEK-based Xiphos™ ALIF spinal implant,” said Derrick Johns, managing […]
Maxim Surgical achieves FDA clearance for new spinal implants
Maxim Surgical, a new designer and manufacturer of spinal implants, has received 510(k) clearance from the U.S. Food & Drug Administration (FDA) for its new MaxFuse-C™ cervical interbody fusion system made of Zeniva® polyetheretherketone (PEEK) rods from Solvay Specialty Polymers. Zeniva® PEEK – part of Solvay’s line of Solviva® Biomaterials – has a modulus very […]
Lanx Completes $15 Million Series C Equity Financing
BROOMFIELD, Colo., May 13, 2013 (GLOBE NEWSWIRE) — Lanx, Inc., a privately held global spine company focused on developing and commercializing innovative devices for fusion surgery, today announced the closing of a $15 million Series C equity financing.The financing round was led by new investor Credit Suisse Asset Management through its Customized Fund Investment Group […]
SpineVision® SA Raises $10m and Adds New Investors
ANTONY, France — Omega Funds, Alto Invest, Midi-Capital and a substantial private investor become SpineVision®’s new investment partners.SpineVision® SA, a commercial-stage medical device company that designs, develops and markets products for the surgical treatment of spine disorders, announced a $10 million capital raise from new and existing investors. The round was led by healthcare investment […]