(commercialappeal.com)–An international journalism investigation of the medical device industry describes dangerous devices, kickbacks to doctors and weak regulations – and shines a spotlight on a medical company with a big presence in Memphis. That company is Medtronic, which has its main operations in Minneapolis and annual sales of about $30 billion. One of its units, […]
2018
UK firm sold spinal implants that disintegrated
(theguardian.com)–A UK company’s spinal implants that allegedly moved and eroded in patients, and which are at the centre of legal action, have highlighted potential weaknesses in the way in which some medical devices enter the market, an investigation has revealed.Documents seen by the Guardian show the plastic discs were approved for sale by the British […]
Independent evaluation confirms savings generated for hospitals by using Safe Orthopaedics’s technology
Eragny-sur-Oise (France), November 27, 2018 5:45pm CET – SAFE ORTHOPAEDICS (FR0012452746 –SAFOR), a company specialized in the design and distribution of implants and single-use instruments improving minimally-invasive treatments of pathologies from spinal fractures, announces today the publication of an independent economic evaluation by the CHU of Saint-Etienne (France) in 2018 on the use of instruments […]
Medtronic slips 2% premarket on device injuries
(SEEKINGALPHA.COM))–Medtronic (NYSE:MDT) is down 2% premarket, albeit on only 2,000 shares, on the heels of a Bloomberg report about a study conducted by a group of journalists that showed a surprisingly high number of injuries and deaths from medical devices over the past 10 years. The company’s devices appeared prominently in the study, accounting for 20% of reported adverse […]
Stryker announces pricing of €2.25 billion senior notes offering
Kalamazoo, Michigan, Nov. 27, 2018 (GLOBE NEWSWIRE) — Stryker (NYSE:SYK) announced today that it has priced the following notes: (i) €550 million aggregate principal amount of the Company’s 1.125% Notes due 2023 (the “2023 Notes”), (ii) €750 million aggregate principal amount of the Company’s 2.125% Notes due 2027 (the “2027 Notes”), (iii) €650 million aggregate […]
Positive Payor Policy Covering coflex® by AmeriHealth Caritas for the Surgical Treatment of Lumbar Spinal Stenosis
NEW YORK, Nov. 27, 2018 /PRNewswire/ — Paradigm Spine, LLC, a leader in providing solutions for the treatment of lumbar spinal stenosis, today announced the issuance of an AmeriHealth Caritas Clinical Policy, dated September 1, 2018, for the exclusive coverage of the coflex® interlaminar stabilization device for the treatment of lumbar spinal stenosis. Lumbar spinal stenosis (“LSS”), affecting 1.6 million […]
Viseon, Inc. Announces First US Clinical Use of the Voyant System for Minimally Invasive Spine Surgery Access, Illumination and Visualization
IRVINE, Calif.–(BUSINESS WIRE)–Viseon, Inc. today announced the first U.S. clinical human use of the Voyant System for Minimally Invasive Spine Surgery access, illumination and visualization. The case was performed by Neurosurgeon John J. Knightly, MD of the Atlantic NeuroSurgical Specialists in Morristown, New Jersey. The Voyant System is composed of a sterile single-use, disposable retractor […]
Astura Medical Receives FDA 510(k) Clearance For OLYMPIC MIS Posterior Spinal Fixation System
CARLSBAD, CA – November 26, 2018 – Astura Medical, a high-growth, innovative spine technology company, today announced that it has received 510(k) clearance from the U.S. Food and Drug Administration (FDA) for its Olympic Minimally Invasive Surgery (MIS) Posterior Spinal Fixation System. The Olympic MIS system delivers a new level of intraoperative flexibility and efficiency by allowing surgeons […]
Medtronic to Acquire Nutrino Health
DUBLIN and TEL AVIV, Israel – November 21, 2018 – Medtronic plc (NYSE:MDT), a global leader in medical technology, and Nutrino Health Ltd., a leading provider of nutrition-related data services, analytics, and technologies, today announced the companies have entered into a definitive agreement under which Medtronic will acquire Nutrino. Given that food and nutrition are […]
Interbody Fusion Cage Market to Reach $2.30 Bn, Globally, by 2023 at 3.4% CAGR, Says Allied Market Research
PORTLAND, Oregon, November 21, 2018 /PRNewswire/ –Rise in geriatric population, increase in incidence of spinal and sports-related injuries, and benefits associated with interbody fusion cage surgeries would drive the growth of the global interbody fusion cage market Allied Market Research published a report, titled, Interbody Fusion Cage Market by Product (Lumbar, Cervical, Thoraco-lumbar, and Thoracic), […]
Vertiflex® Announces Publication of Data Analysis Showing 85% Reduction in Patients Using Opioids After Treatment With Superion® Indirect Decompression System
CARLSBAD, Calif.–(BUSINESS WIRE)–Vertiflex® Inc., a leading innovator of advanced, minimally invasive interventions for spinal stenosis, announced additional results from a randomized, controlled trial of its Superion® Indirect Decompression System in patients with lumbar spinal stenosis (LSS). The results, published in the Journal of Pain Research (https://www.dovepress.com/articles.php?article_id=42435), showed an 85 percent decrease in the proportion of patients who were […]
CE mark clearance for the Jazz Cap System®, a screw securing solution for vertebral fusion
Bordeaux, Boston, November 20, 2018 at 8:00am CET – IMPLANET (Euronext Growth: ALIMP, FR0010458729, eligible for PEA-PME equity savings plans), a medical technology company specializing in vertebral and knee surgery implants, is announcing the award of CE marking for the Jazz Cap System®, developed to meet the constraints of vertebral fusion indications in adults. Jazz Cap System®, […]
Altus Capital Partners, Inc. Acquires ChoiceSpine, LP
WILTON, Conn.–(BUSINESS WIRE)–Altus Capital Partners, Inc. (“Altus”), an investment firm focused on the North American manufacturing sector, today announced it has acquired ChoiceSpine, LP, a leading designer, manufacturer, and marketer of specialized spinal implants, instrumentation and biologics for the surgical treatment of complex spine disorders. Financial terms of the transaction were not disclosed. Based in […]
MEDICREA® Achieves 3,000 Surgery Milestone with UNiD ASI™ and Patient Specific Implants
LYON, France & NEW YORK–(BUSINESS WIRE)–The MEDICREA® Group (Euronext Growth Paris: FR0004178572-ALMED ; OTCQX Best Market – MRNTY & MRNTF), pioneering the digital transformation of spinal surgery through Artificial Intelligence, predictive modeling and patient specific implants with its UNiD ASI™ (Adaptive Spine Intelligence) proprietary software platform, services and technologies, announced today that the 3,000th surgery […]
Mazor Robotics Shareholders Approve Merger Agreement With Medtronic
CAESAREA, Israel, Nov. 19, 2018 /PRNewswire/ — Mazor Robotics Ltd. (TASE: MZOR; NASDAQGM: MZOR), a pioneer and a leader in the field of robotic guidance systems, today announced that at a Special General Meeting of Shareholders held earlier today, Mazor Robotics shareholders approved the previously announced definitive merger agreement with wholly-owned subsidiaries of Medtronic plc (NYSE: MDT). Approximately […]
Statera Spine Announces Company Formation
AUSTIN, Texas–(BUSINESS WIRE)–Statera Spine, Inc. (Statera), a privately held software-enabled healthcare diagnostics company focused on spine imaging analytics, announced today the formation of the company as a subsidiary of Ortho Kinematics, Inc. Statera will leverage the operational backbone and technology platform developed by Ortho Kinematics, but will focus on the commercialization of Profile-ESP™. Profile-ESP™ is […]
Innovasis Enters Partnership with Stability Biologics
SALT LAKE CITY, November 19, 2018 – Innovasis, Inc., a fully integrated research, development and manufacturing spinal device company, today announced their expansion into the biologics market by signing a private-label agreement with Stability Biologics, LLC. Stability Biologics®, headquartered in Nashville, Tennessee with a state-of-the-art AATB accredited and FDA registered tissue processing and distribution center […]
RTI Surgical® Announces HealthPartners’® Positive Coverage Decision for Minimally Invasive Sacroiliac Joint Fusion Surgery
ALACHUA, Fla.–(BUSINESS WIRE)–RTI Surgical, Inc. (Nasdaq: RTIX), a global surgical implant company, announced HealthPartners, the largest consumer governed nonprofit health care organization in the United States, issued a positive coverage decision for minimally invasive sacroiliac (SI) joint fusion surgery, effective November 1, 2018. This decision expands access to RTI’s SImmetry System for HealthPartners members considering […]
SPINE Catalogue 2018 IS HERE! More than 400 Companies Listed!
Finally, we have finished the SPINE Catalogue 2018! It has been a great effort to incorporate so many companies but it has undoubtedly been worth it. The objective has been, on the one hand, to provide you with information from all the manufacturers in the world and, on the other hand, to give visibility to […]
Aurora Spine Announces Exclusive Patent License Agreement for MIS SI Joint Product
CARLSBAD, Calif., Nov. 16, 2018 (GLOBE NEWSWIRE) — Aurora Spine Corporation (TSXV:ASG) (“Aurora Spine” or the “Company”) announced today that it has acquired an exclusive license to US patent #9,451,986 titled “Percutaneous sacroiliac joint implant and method for surgically inserting and securing the implant into the sacroiliac joint” in an agreement with SILIF Corporation of […]
SPINEWAY :Spineway sets up the governing structure for its US subsidiary
Ecully, 15 November 2018–Spineway, specialist in surgical implants and instruments for treating disorders of the spinal column (spine), is reorganizing and setting up the governing structure for its US subsidiary with the arrival of a new CEO.Pursuant to the strategic plan, Stéphane Le Roux, CEO of Spineway SA, launched the reorganization of the US subsidiary […]
Medicrea Reports Third-Quarter Results
LYON, France & NEW YORK–(BUSINESS WIRE)–The Medicrea Group (Euronext Growth Paris: FR0004178572-ALMED ; OTCQX Best Market – MRNTY & MRNTF), pioneering the transformation of spinal surgery through artificial Intelligence, predictive modeling and patient specific implants with its UNiD™ ASI (Adaptive Spine Intelligence) proprietary software platform, services and technologies, has today published its unaudited results for […]
Xtant Medical Announces Third Quarter 2018 Financial Results
BELGRADE, MT, Nov. 14, 2018 (GLOBE NEWSWIRE) — Xtant Medical Holdings, Inc. (NYSE American: XTNT), a leader in the development of regenerative medicine products and medical devices, today reported financial and operating results for the third quarter ended September 30, 2018. Third Quarter 2018 Financial Highlights and Recent Announcements: Revenue for the third quarter of […]
Life Spine Announces Initiation of PROLIFT Expandable Interbody Clinical Study
HUNTLEY, Ill.–(BUSINESS WIRE)–Life Spine, a medical device company that designs, develops, manufactures and markets products for the surgical treatment of spinal disorders announced today the initiation of the PROLIFT Expandable Clinical Study with Dr. Ahmad Khan of Central Connecticut Neurosurgery and Spine in Southington, Connecticut. Mariusz Knap, Vice President of Marketing and Business Development notes, […]
Camber Spine Announces First Surgeries With ENZA®-A Titanium ALIF
KING OF PRUSSIA, Pa., Nov. 14, 2018 /PRNewswire/ — Camber Spine, a leading innovator in spine and medical technologies, today announced the completion of 45 successful implantations utilizing ENZA®-A Titanium ALIF in less than 30 days since it’s launch. Seth Anderson, Vice President of Sales and Surgeon relations commented “We are extremely pleased with the […]
Simplify Medical Completes Enrollment in U.S. IDE Pivotal Trial of Simplify® Disc for Two-Level Cervical Disc Replacement
SUNNYVALE, Calif., Nov. 14, 2018 (GLOBE NEWSWIRE) — Simplify Medical Pty Ltd., maker of the Simplify® cervical artificial disc, today announced that it has completed the enrollment and treatment of all patients in its U.S. Investigational Device Exemption (IDE) pivotal trial evaluating the Simplify® Disc for two-level cervical disc replacement. The Simplify Disc is designed […]
Nanovis Expands the Range of Footprints for its Signature FortiCore Posterior Lumbar Interbody Fusion System
CARMEL, IND. (PRWEB) NOVEMBER 14, 2018–Nanovis, a leader in nanomedicine for the spine, today announced adding 22mm and 25mm lengths to its FortiCore® rotatable Posterior Lumbar Interbody Fusion (PLIF) devices. With over 5,000 FortiCore interbodies now implanted, Nanovis plans to further accelerate its technology driven growth with the expansion of their FortiCore PLIF product line […]