WOBURN, Mass., Nov. 13, 2018 /PRNewswire/ — Bio2 Technologies, Inc., a privately held orthopedics company, announced today that it received U.S. Food and Drug Administration (“FDA”) approval to begin enrollment in an IDE clinical study to evaluate Vitrium as a cervical interbody fusion device. Vitrium will be evaluated as a structural device that facilitates bone […]
2018
Global Spine Market to Reach $18 Billion by 2023
According to iData Research, the global spine market is valued at over $14.4 billion USD and is projected to approach $18 billion by 2023. The largest among the regions is undoubtedly the U.S. market, valued at $7.7 billion in 2017. Of this total market share, 78% can be attributed to the traditional spine market, and the […]
Spine Catalogue 2019 Update: 50 Companies that we Missed!
Many months ago, we started to rebuild the New Spine Catalogue 2019. Today we have almost finished and we expect to have the final version for the next week because we still have to incorporate more companies.We have already included more than 400 companies but today we have added 50 spine manufacturers that we missed […]
Stryker completes acquisition of K2M
Kalamazoo, Michigan, Nov. 09, 2018 (GLOBE NEWSWIRE) — Stryker (NYSE:SYK) has completed the previously announced acquisition of K2M Group Holdings, Inc., a global leader of complex spine and minimally invasive solutions. “K2M’s broad product portfolio and robust pipeline complement Stryker’s leadership in the spine and neurotechnology markets,” said Spencer S. Stiles, Group President, Neurotechnology, Instruments […]
Why RTI Surgical has Acquired Paradigm Spine and for which Price?
RTI Surgical (RTIX) announced last week that they have agreed to acquire Paradigm Spine for up to $300 million.Paradigm Spine is a New-York based Company founded in 2005 to develop a full non-fusion product portfolio of motion preserving, tissue sparing technologies, as well as fusion products. Management is headed by Co-Founder, Chairman, and CEO Marc Viscogliosi, who was previously Principal […]
NuVasive’s Proprietary Porous PEEK™ Implant To Be Used In Flagship XLIF® Procedure
SAN DIEGO – November 8, 2018 – NuVasive, Inc. (NASDAQ: NUVA), the leader in spine technology innovation, focused on transforming spine surgery with minimally disruptive, procedurally integrated solutions, today announced it has received 510(k) clearance from the U.S. Food and Drug Administration (FDA) for use of its COHERE® Porous PEEK™ implant in eXtreme Lateral Interbody […]
Globus Medical Reports Third Quarter 2018 Results
AUDUBON, Pa., Nov. 08, 2018 (GLOBE NEWSWIRE) — Globus Medical, Inc. (NYSE:GMED), a leading musculoskeletal solutions company, today announced its financial results for the third quarter ended September 30, 2018. Worldwide sales were $169.2 million, an increase of 11.5% as reported Third quarter net income was $35.2 million, an increase of 37.6% Diluted earnings per […]
Alphatec Reports Third Quarter 2018 Financial and Corporate Highlights
CARLSBAD, Calif., Nov. 08, 2018 (GLOBE NEWSWIRE) — Alphatec Holdings, Inc. (“ATEC,” or the “Company”) (Nasdaq: ATEC), a provider of innovative spine surgery solutions with a mission to improve patient lives through the relentless pursuit of superior outcomes, today reported financial results for the third quarter ended September 30, 2018 and corporate highlights. Third Quarter […]
K2M Group Holdings, Inc. Stockholders Approve Acquisition by Stryker
LEESBURG, Va., Nov. 07, 2018 (GLOBE NEWSWIRE) — At a special meeting today, stockholders of K2M Group Holdings, Inc. (“K2M” or the “Company”) (NASDAQ: KTWO) approved the adoption of the Agreement and Plan of Merger (the “Merger Agreement”), dated as of August 29, 2018, as it may be amended from time to time, by and […]
Spinal Elements® Announces FDA Clearance of Ti-Bond® Titanium Coating as a Macro-, Micro-, and Nano-Surface
CARLSBAD, Calif.–(BUSINESS WIRE)–Spinal Elements, a Carlsbad, CA-based spine technology company, today announced FDA clearance for claims related to the macro-, micro-, and nano-surface structure of its Ti-Bond® surface coating technology. Highlighting Spinal Elements’ portfolio are a number of products featuring Ti-Bond, including the most recently introduced Lucent® XP height- and lordosis- expandable interbody device. Interbody […]
Southlake Equity Leads Series B Round of Financing to Prime Titan Spine for Next Stage of Growth
MEQUON, Wis.–(BUSINESS WIRE)–Titan Spine, a medical device surface technology company focused on developing innovative surface-enhanced spinal interbody fusion implants, today announced that it has closed a substantial round of Series B financing with its current investment partner, Southlake Equity Group. Titan will use the proceeds to drive the next stage of growth of the company […]
Mazor Robotics Reports Third Quarter and Nine Month 2018 Results
CAESAREA, Israel, Nov. 6, 2018 /PRNewswire/ — Mazor Robotics Ltd. (TASE: MZOR) (NASDAQGM: MZOR), a pioneer and a leader in the field of robotic guidance systems, reported financial and operating results for the third quarter and nine months ended September 30, 2018. As announced on September 20, 2018, the Company entered into a definitive merger agreement under which Medtronic […]
SeaSpine Reports Third Quarter 2018 Financial Results
CARLSBAD, Calif., Nov. 06, 2018 (GLOBE NEWSWIRE) — SeaSpine Holdings Corporation (NASDAQ: SPNE), a global medical technology company focused on surgical solutions for the treatment of spinal disorders, announced today financial results for the quarter ended September 30, 2018. Summary Third Quarter 2018 Financial Results and Recent Accomplishments Revenue of $35.8 million, an increase of […]
Rapid Company Growth Prompts joimax® Inc. to Move Its US Headquarters to a New, Larger State-of-the-Art Facility
IRVINE, Calif.–(BUSINESS WIRE)–joimax®, the Germany-based market leader of technologies and training methods for full-endoscopic minimally invasive spinal surgery, announces the move of its US headquarters to a new 26,000-square-foot facility in Irvine, California, beginning November 5, 2018. “With the move to the new building, the steadily growing need for endoscopic procedures among patients and physician […]
RTI Surgical® to Acquire Paradigm Spine
ALACHUA, Fla.–(BUSINESS WIRE)–RTI Surgical, Inc. (Nasdaq:RTIX), a global surgical implant company, and Paradigm Spine, LLC, a leader in motion preservation and non-fusion spinal implant technology, today announced that they have entered into a definitive agreement whereby RTI will acquire all outstanding equity interest of Paradigm Spine in a cash and stock transaction valued at up […]
Innovasive™ Granted FDA Clearance for DualX™ Expanding Interbody Spinal Device
Innovasive, a privately-held spinal device company, focuses on developing and commercializing minimally-invasive, innovative spinal technologies. Today, Innovasive announced that they have received 510(k) clearance from the U.S. Food and Drug Administration (FDA) to market their DualX technology, a titanium, dual expanding, interbody device for spinal fusion procedures in the lumbar spine. “DualX is a unique […]
Amedica Announces Corporate Name Change to SINTX Technologies, Inc
SALT LAKE CITY, Oct. 31, 2018 (GLOBE NEWSWIRE) — Amedica Corporation (NASDAQ: AMDA), a company that develops and commercializes silicon nitride for biomedical applications, announced that it has changed its corporate name to SINTX Technologies, Inc. in order to better reflect its focus on silicon nitride science and technologies and robust pipeline of silicon nitride […]
NuVasive Reports Third Quarter 2018 Financial Results
SAN DIEGO, Oct. 30, 2018 /PRNewswire/ — NuVasive, Inc. (NASDAQ: NUVA), the leader in spine technology innovation, focused on transforming spine surgery with minimally disruptive, procedurally-integrated solutions, today announced financial results for the quarter ended September 30, 2018. Third Quarter 2018 Highlights “Our third quarter results reflect accelerated year-over-year revenue growth of nearly 10%, supported […]
Life Spine Announces First Clinical Cases of PROLIFT® Post Pack Expandable TLIF/PLIF Spacer System
HUNTLEY, Ill.–(BUSINESS WIRE)–Life Spine, a medical device company that designs, develops, manufactures and markets products for the surgical treatment of spinal disorders today announced the first clinical cases of PROLIFT Post Pack Expandable Interbody System with Dr. Richard Weiner of Dallas, Texas and Dr. Bryan Barnes of Athens, Georgia. “One of the cornerstones for successful […]
Orthofix Reports Third Quarter 2018 Financial Results
LEWISVILLE, Texas–(BUSINESS WIRE)–Orthofix Medical Inc. (previously Orthofix International N.V.) (NASDAQ:OFIX) today reported its financial results for the third quarter ended September 30, 2018. Net sales were $111.7 million, net loss per share from continuing operations was $0.07 and adjusted earnings per share from continuing operations was $0.43. “In addition to solid financial performance on both […]
Key Findings of the Spine Biologics Market
According to Allied Market Research, the Global spine biologics market generated revenue of $1,644 million in 2015, and is projected to reach $2,214 million by 2022, growing at a CAGR of 4.3% during the forecast period. Spine biologics are used during spine fusion surgery for the treatment of spinal deformities such as trauma, tumors, degenerative […]
13 Spine Companies to Know with “W, X and Z”
For many weeks, we have been working on this Spine Catalogue 2018-19 with the main objective to index all the Companies that manufacture spinal implants. Today, we have almost finished this project with more than 300 included. We have revised the list many times and we have seen that there are still some companies that […]
Aurora Spine Announces European Patent Related To ZIP Minimally Invasive Spinal Implant
CARLSBAD, Calif., Oct. 25, 2018 (GLOBE NEWSWIRE) — Aurora Spine Corporation (TSXV:ASG) (“Aurora Spine” or the “Company”) announced today the grant by the European Patent Office (the “EPO”) of Aurora’s first European patent related to the ZIP®, minimally invasive spinal implant. The patent is titled “Dynamic and Non-Dynamic Interspinous Fusion Implant and Bone Growth Stimulation […]
Camber Spine Announces Hitting $1M Milestone With SPIRA™-C In Less Than 6 Months
WAYNE, Pa., Oct. 25, 2018 /PRNewswire/ — Camber Spine today announced reaching the $1 million milestone with their recently launched SPIRA™-C in less than 6 months. “The remarkable success and the early adoption of this revolutionary technology by so many surgeon users has attributed to this milestone,” commented CEO, Daniel Pontecorvo. “Camber Spine is now […]
Life Spine Announces Tremendous Profit and Revenue Growth in the Third Quarter of 2018
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 that the company recognized an EBITDA growth rate of 124% in the third quarter of 2018 over the third quarter of 2017. This was driven by a sales growth of 47% […]
14 Spine Companies to Know with “U”and “V”
According to the new market research report published by MarketsandMarkets™, the Pedicle Screw Systems Market is expected to reach USD 724.23 million by 2023 from USD 538.64 million in 2018, at a CAGR of 6.1%. The restraining factors of Global Spinal Implants Market are as follows: Absence of proper diet and exercise and declining bone density Scarcity on the emerging […]
Here’s Intuitive Surgical’s Evidence That Robotic-Surgery Boom Continues
Late Thursday, Intuitive Surgical (ISRG) outdid itself — posting 20% growth in procedures using its robotic-surgery system in the third quarter.That was the best growth rate for Intuitive Surgical’s da Vinci Surgical Systems procedures in at least three years. The robotic-surgery outlet credited growth in U.S. general surgery and worldwide urologic procedures for the boom in robotic surgery. Da Vinci […]