LEWISVILLE, Texas — Orthofix International N.V. (NASDAQ:OFIX) (the Company) today announced its results for the first quarter ended March 31, 2013. Net sales were $100.3 million, a 14% decrease over the first quarter of the prior year, or 13% on a constant currency basis.Net income from continuing operations was $4.9 million, or $0.25 per diluted […]
2013
Globus Medical Launches New Product
AUDUBON, PA. — Globus Medical, Inc. (NYSE: GMED), a leading spinal implant manufacturer, today announced the launch of FORTIFY® I, an expandable corpectomy spacer with integrated screws for further stability in addition to supplemental fixation.“The FORTIFY® I integrated expandable corpectomy spacer and instrument system provides surgeons with an innovative device for trauma and tumor indications, […]
K2M Announces Executive Leadership Promotion
LEESBURG, Va. — K2M, Inc., the largest privately held spinal device company in the world focused on developing innovative solutions for the treatment of complex spinal pathologies and minimally invasiveprocedures, today announced the promotion of Gianluca Iasci to the position of Executive Vice President, Global Sales, effective immediately. Mr. Iasci will continue to report to […]
Neville Alleyne, M.D., joins Aurora Spine’s Scientific Advisory Board
Carlsbad, CA- May 7th, 2013- Aurora Spine today announced the appointment Dr. Neville Alleyne to their Scientific Advisory Board (SAB). Dr. Alleyne is a certified orthopaedic surgeon and the Director of the Orthopaedic Spine Center at Tri-City Medical Center in Oceanside, CA. Dr. Alleyne’s practice is focused on treating a broad spectrum of spinal disorders, […]
X-spine Announces FDA Clearance of New Spinal Implant System
MIAMISBURG, Ohio–(BUSINESS WIRE)–X-spine, a global leader in the design and manufacture of devices for the treatment of spinal disease, announces a new USFDA clearance for the Zygafix™ Facet Fusion System. The newly-cleared Zygafix™ system allows for fusion and stabilization of the facet joint (also termed the zygapophyseal joint) in eligible patients whom appropriate non-surgical treatment […]
Exactech Launches New Cervical System
GAINESVILLE, FLA. — Exactech, Inc. (Nasdaq: EXAC), which designs and manufactures bone and joint restoration products for hip, knee, shoulder, spine and biologic materials, said that its Exactech Spine division has received FDA clearance of its new Gibralt® Occipital Spine System, which includes occipital plates and 360⁰ articulating rods.With these additions, Exactech now provides spinal […]
NuVasive buys spine implant manufacturer ANC
SAN DIEGO (AP) — Medical device maker NuVasive Inc. said Monday it acquired ANC LLC, one of the key suppliers of its spinal implants, for $4.5 million.NuVasive said the companies have worked together since May 2010. NuVasive wants to handle more of its own manufacturing so it can improve its profitability. It said the acquisition […]
Will the INTERSPINOUS market grow in the U.S? Do you know the players?
Find All the Interspinous Devices in Europe and US in the NEW “INTERSPINOUS page” in www.thespinemarketgroup.com Growth in EuropeThe interspinous process decompression device procedures were the most commonly performed nonfusion surgery in Europe in the last years, accounting for nearly 40% of all spinal nonfusion procedures. Which were the main products used? How are the […]
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Wenzel Spine Announces Launch of VariLift-C®
AUSTIN, Texas–(BUSINESS WIRE)–Wenzel Spine, Inc., a medical device company focused on providing minimally invasive, stand-alone alternatives to traditional spinal fusion, today announced the launch of the VariLift-C® Stand-Alone Zero-Profile Expandable Cervical Interbody Fusion Device.In January 2013, Wenzel Spine received clearance from the Food and Drug Administration (FDA) to market VariLift-C® as an interbody fusion device […]
Medtronic to cut spine division jobs
Medtronic is eliminating 230 jobs in its Memphis, Tenn.-based division for devices used in spine surgeries.The Fridley-based medical device manufacturer employs about 8,000 in Minnesota, but the spine job cuts don’t including any workers here, said Cindy Resman, a Medtronic spokeswoman, on Thursday, May 2.Medtronic’s fiscal year ended in late April. When the company has […]
Medtronic Expands Spinal System
MEMPHIS, TENN. – April 29, 2013- Medtronic, Inc. (NYSE: MDT) the world leader in spinal technology announced today the U.S. launch of several new product line additions to the Vertex Select® Reconstruction System. The announcement was made at the 81st American Association of Neurological Surgeons (AANS) Annual Scientific Meeting in New Orleans.This compliment to the […]
VG Innovations, LLC Launches New Product
St. Petersburg, Florida (PRWEB) April 29, 2013,VG Innovations, LLC launched the new SiJoin, Posterior Sacroiliac Joint Fusion System. This innovative medical device company was founded in late 2007 and is focused on using its industry knowledge and creative thinking to develop and commercialize a broad range of advanced, high-performance and less invasive spinal implants. Tov […]
Integra LifeSciences Introduces New Spinal Fusion System
PLAINSBORO, N.J., April 30, 2013 (GLOBE NEWSWIRE) — Integra LifeSciences Holdings Corporation (Nasdaq:IART) today announced the full market release of its Hollywood(TM) VI intervertebral body fusion device (IBD) system. The Hollywood VI IBD is used primarily in transforaminal lumbar interbody fusion (TLIF), a surgical procedure designed to help alleviate pain and nerve compression by fusing […]
Are Robotics the Future of Surgical Medicine in U.S.?
Is there a robot in your operating room? The chances are good that there probably is.Robotic surgery first came on the market in 2000 when the U.S. Food and Drug Administration approved Intuitive Surgical’s da Vinci Surgical System for use in laparoscopic, or minimally invasive, procedures.That marked the first time a robotic surgery system was […]
Bacterin Announces Selection of Executive Search Firm
BELGRADE, Mont.–(BUSINESS WIRE)–Bacterin International Holdings, Inc. (NYSE MKT: BONE), a leader in the development of revolutionary bone graft material and coatings for medical applications, today announced the selection of O’Hara Associates, Inc. of Deerfield, Illinois to assist in the recruitment of a Chief Executive Officer.The recommendation to retain the firm was made by the Board’s […]
Stryker 1Q profit falls 13 percent on charges
KALAMAZOO, Mich. (AP) — Medical device maker Stryker Corp. said Tuesday its first-quarter profit fell 13 percent due to costs from a recall of hip implants and other regulatory issues.Despite the drop in profit, the company’s adjusted results beat Wall Street expectations.Stryker said net income fell 13.1 percent to $304 million, or 79 cents per […]
Southern Spine Launches New MIS System
MACON, Ga.–(BUSINESS WIRE)–Southern Spine, LLC, an ISO 13485:2003 certified manufacturer of implants and instruments for spinal surgery, announced today the launch of its new StabiLink™ MIS Spinal Fixation System that has recently received its FDA clearance and CE Mark. The minimally invasive system is designed to provide spinal fixation in lumbar fusion procedures, including the […]
Nuvasive Announces New Office in Japan
SAN DIEGO, CA — (Marketwired) — 04/24/13 — NuVasive, Inc. (NASDAQ: NUVA), a medical device company focused on developing minimally disruptive surgical products and procedures for the spine, is pleased to announce the official opening of its Tokyo, Japan office, which will strengthen the Company’s ability to bring game-changing products, procedures, and services to the […]
K2M Grows Biologics Offering
LEESBURG, Va.–(BUSINESS WIRE)–K2M, Inc., the largest privately held spinal device company in the world focused on developing innovative solutions for the treatment of complex spinal pathologies and minimally invasive procedures, today announced another expansion of the company’s U.S. biologics offering with the addition of a new product line to the VESUVIUS™ Osteobiologic Systems.“VESUVIUS DBM Putty […]
Alphatec Holdings receives 510(k) clearance for interbody fusion device
The FDA has issued 510(k) clearance for Alphatec Holdings Inc. to market and sell its Alphatec Solus internal fixation anterior lumbar interbody fusion device in the United States.Featuring two counter-rotating titanium blades, which deploy into adjacent vertebrae on a zero-degree axis, locking the device in place, the anterior lumbar interbody fusion device has four points […]
DFINE STAR Demonstrates Significant Clinical Benefit for Spinal Metastases
SAN JOSE, Calif.–(BUSINESS WIRE)–April 17, 2013– DFINE, Inc., the developer of minimally invasive radiofrequency (RF) targeted therapies for the treatment of vertebral pathologies, released results from two studies presented at the Society of Interventional Radiology’s Annual Scientific Meeting. Results from both studies underscore the benefits of advanced Targeted-Radiofrequency Ablation(TM) (t-RFA) therapy using the STAR(TM) Tumor […]
Kiva® And Blazer® Highlighted As Advancements In Treating VCFs
SANTA CLARA, Calif., April 22, 2013 /PRNewswire/ — In a review of minimally invasive, state-of-the-art treatments for vertebral compression fractures (VCFs), the Kiva VCF Treatment System and the Blazer Vertebral Augmentation System, both byBenvenue Medical, Inc., were highlighted among the most innovative experimental and commercial technologies available today. The peer-reviewed article was published online and […]
Eminent Spine Texas Diamondback MIS System
Georgetown, TX, April 19, 2013 –(PR.com)– Eminent Spine is proud to announce that spinal surgeon, Dr. Ross Sherban in Buffalo, New York, performed the company’s first Minimally Invasive Percutaneous Pedicle Screw Surgery – the “Texas Diamondback”. Dr. Sherban also utilized Eminent Spine’s lateral “Black Mamba” retractor system and lateral lumbar PEEK cage, the “Rattlesnake.” When […]
Johnson & Johnson Reports 2013 First-Quarter Results
Johnson & Johnson today announced sales of $17.5 billion for the first quarter of 2013, an increase of 8.5% as compared to the first quarter of 2012. Operational results increased 9.8% and the negative impact of currency was 1.3%. Domestic sales increased 11.2 %. International sales increased 6.3%, reflecting operational growth of 8.7% and a […]
Johnson & Johnson Wins Hip Implant Jury Trial in Chicago
A Johnson & Johnson (JNJ) unit defeated at trial an Illinois woman’s claim she was harmed by a defectively designed metal-on-metal hip implant.The jury of seven women and five men in state court in Chicago deliberated for slightly more than a day before returning its verdict today in favor of DePuy Orthopaedics Inc. Plaintiff Carol […]
Medical Designs, LLC New Product for the Treatment of SI-Joint Dysfunction
SIOUX FALLS, S.D. — Medical Designs, LLC, a pioneer in the development of minimally invasive spinal implants, announced today the national marketing launch of the FDA-approved SAMBA™ Screw System, a minimally invasive solution for the treatment of SI-Joint dysfunction. Invented by Dr. Wilson Asfora, the SAMBA™ Screw System received clearance in August 2012 from the […]