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2022

Xtant Medical Announces $9.75 Million Private Investment

August 24, 2022 By SPINEMarketGroup

BELGRADE, Mont., Aug. 24, 2022 (GLOBE NEWSWIRE) — Xtant Medical Holdings, Inc. (NYSE American: XTNT), a global medical technology company focused on surgical solutions for the treatment of spinal disorders, today announced it has entered into a securities purchase agreement to sell Xtant common stock and warrants to a select group of accredited investors led […]

New Chief Financial Officer Appointment Strengthens Spineology’s Executive Leadership Team

August 24, 2022 By SPINEMarketGroup

ST. PAUL, Minn.–(BUSINESS WIRE)–Spineology Inc., the longtime leader in ultra-minimally invasive spine surgery, today announced the appointment of Jamison Young to the position of Chief Financial Officer. “I am pleased to welcome Jamison to the Spineology team,” said Spineology CEO John Booth. “Jamison will play a key role as Spineology transitions to its next phase […]

Nexus Spine Announces Full Commercial Launch of PressON™ Posterior Lumbar Fixation System

August 23, 2022 By SPINEMarketGroup

SALT LAKE CITY–(BUSINESS WIRE)–Nexus Spine, a developer of biomechanically-advanced solutions for spinal pathologies, today announced the full commercial launch of its PressON™ posterior lumbar fixation system. PressON™ features rods that press onto pedicle screws rather than attach using set screws. This novel design is approximately one quarter the size of traditional systems, is faster to implant,1 is biomechanically […]

Medtronic reports first quarter fiscal 2023 financial results

August 23, 2022 By SPINEMarketGroup

DUBLIN, Aug. 23, 2022 /PRNewswire/ — Medtronic plc (NYSE:MDT) today announced financial results for its first quarter of fiscal year 2023, which ended July 29, 2022. Key Highlights GAAP diluted EPS of $0.70 increased 25%; non-GAAP diluted EPS of $1.13 decreased 17%, in-line with expectations Revenue of $7.4 billion decreased 8% as reported and 4% organic, ahead of expectations Company reiterates FY23 revenue and […]

Oxford Performance Materials and SINTX Technologies Collaboration Yields Major Breakthrough in Orthopedic & Dental Coatings

August 23, 2022 By SPINEMarketGroup

South Windsor, CT and Salt Lake City, UT, Aug. 23, 2022 (GLOBE NEWSWIRE) — Oxford Performance Materials, Inc. (OPM; https://oxfordpm.com/), an industry leader in advanced polymer science 3D-printed orthopedic devices and coating technologies, and SINTX Technologies, Inc. (https://sintx.com/; NASDAQ: SINT), an original equipment manufacturer (OEM) of advanced ceramic materials for medical and technical applications, announced their successful […]

Theragen receives patent for spine fusion bone growth stimulator with digital health data connectivity

August 18, 2022 By SPINEMarketGroup

JACKSONVILLE, Fla., Aug. 18, 2022 /PRNewswire/ — Medical device company Theragen is pleased to announce the issuance of a U.S. Patent acknowledging its innovative approach to the development of the ActaStim-S Spine Fusion Bone Growth Stimulator system. The first new Spine Fusion Stimulator on the market in decades, ActaStim-S blends clinically proven therapeutic stimulation with modern design and […]

Zavation Medical Products, LLC, receives FDA 510K Clearance for Varisync™ Anterior Cervical Plate and Spacer system as an addition to its cervical spine portfolio

August 18, 2022 By SPINEMarketGroup

FLOWOOD, Miss., Aug. 18, 2022 /PRNewswire/ — Zavation Medical Products (“Zavation” or the “Company”), an innovative designer and manufacturer of high-quality spinal implants, instruments, MIS procedural kits, and biologics headquartered in Flowood, MS, announced the FDA 510K Clearance of Varisync™, a cervical intervertebral body fusion device. Varisync™, the most recent addition to the Zavation cervical spine portfolio, has been tested and […]

MedTech Momentum Acquires Wax Marketing

August 18, 2022 By SPINEMarketGroup

August 18th, 2022 – Orlando, FL – MedTech Momentum, a leading healthcare marketing agency, is excited to announce the acquisition of Wax Marketing, a St. Paul, Minnesota based agency known for providing leading-edge marketing communications services for high growth healthcare and technology clients. Wax Marketing founder Bonnie Harris will join MedTech Momentum in the role of […]

VySpine Announces FDA Clearance for VyPlate Anterior Cervical Plate System

August 16, 2022 By SPINEMarketGroup

Tallahassee, FL – August 16, 2022—VySpine, a spine innovation leader using differentiated materials and designs, announced today that it has received 510(k) clearance from the FDA for its VyPlate Anterior Cervical Plate System. The VyPlate ACP system is indicated for stabilization of the anterior cervical spine from C2 to C7, employing unicortical screw fixation at the […]

Accelus Announces First Surgeries Using FlareHawk® TiHawk11™ Interbody Fusion System

August 15, 2022 By SPINEMarketGroup

PALM BEACH GARDENS, Fla., Aug. 15, 2022 (GLOBE NEWSWIRE) — Accelus, a privately held medical technology company focused on accelerating the adoption of minimally invasive surgery (MIS) as the standard of care in spine, today announced the first spinal surgeries with the FlareHawk® TiHawk11™ Interbody Fusion System (TiHawk11). TiHawk11 is designed to provide a minimal insertion […]

Biogennix Reports Record Quarter and Half-Year Sales 

August 11, 2022 By SPINEMarketGroup

IRVINE, Calif. — August 10, 2022 — Irvine-based Biogennix, a market leader in advanced bone regeneration technology, announced today that the second quarter of 2022 was the best in company history. The company also announced that the first half of 2022 (encompassing the first and second quarters of 2022) was the best performing six month period for […]

ZimVie Reports Second Quarter 2022 Financial Results

August 10, 2022 By SPINEMarketGroup

WESTMINSTER, Colo., Aug. 10, 2022 (GLOBE NEWSWIRE) — ZimVie Inc. (Nasdaq: ZIMV), a global life sciences leader in the dental and spine markets, today reported financial results for the quarter ended June 30, 2022. Management will host a corresponding conference call today, August 10, 2022, at 4:30 p.m. Eastern Time. “We continue to make progress […]

Zavation releases In-Vitro and In-Vivo Research Summary for its novel “LABYRINTH™”

August 10, 2022 By SPINEMarketGroup

ZAVATION

JACKSON, Miss., Aug. 10, 2022 /PRNewswire/ — Zavation Medical Products (“Zavation” or the “Company”), an innovative designer and manufacturer of spinal implants, instruments, MIS procedural kits, and biologics headquartered in Flowood, MS, announced the results of its novel LABYRINTH™ technology in an In-Vitro and In-Vivo research project. Please click the link below for Zavation’s LABYRINTH™ In-Vitro and In-Vivo […]

NuVasive Announces Departure of Chief Commercial Officer

August 10, 2022 By SPINEMarketGroup

NUVASIVE HQ

SAN DIEGO, Aug. 9, 2022 /PRNewswire/ — NuVasive, Inc. (NASDAQ: NUVA), the leader in spine technology innovation, focused on transforming spine surgery with minimally disruptive, procedurally integrated solutions, today announced the resignation of Massimo Calafiore, executive vice president and chief commercial officer, effective August 31, 2022, to become the chief executive officer of a privately-held, orthopedics technology company. Upon Mr. Calafiore’s […]

Surgalign Holdings, Inc. Announces Second Quarter 2022 Results and Reiterates Full Year 2022 Revenue Guidance Range

August 10, 2022 By SPINEMarketGroup

surgalign

DEERFIELD, Ill., Aug. 09, 2022 (GLOBE NEWSWIRE) — Surgalign Holdings, Inc., (NASDAQ: SRGA) a global medical technology company focused on elevating the standard of care by driving the evolution of digital surgery, today announced financial results for its 2022 second quarter ended June 30, 2022. 2022 Second Quarter Key Highlights and Subsequent Events: First successful […]

Is peek dead for spinal implants? Not everyone thinks the same!

August 9, 2022 By SPINEMarketGroup

This morning I came across an article written by a manufacturer* of spinal implants defending PEEK as a material with many advantages. It is the first time I noticed a company defending it these days, even though for 20 years it has been the gold standard. It would be for something, right? The reason is […]

AxioMed LLC Submits Final Module III to the FDA Becoming the First and Only Lumbar Viscoelastic Total Disc Replacement Company to Complete a USA IDE Clinical Trial

August 9, 2022 By SPINEMarketGroup

MALDEN, MASS. (PRWEB) AUGUST 08, 2022–AxioMed LLC shows its determination to press forward on its FDA submission of Module III documents needed to get FDA approval to market its lumbar viscoelastic disc replacement in the USA. “We were dedicated and determined to continue answering questions from the FDA on the Module I and II submissions while […]

Orthofix Reports Second Quarter 2022 Results

August 7, 2022 By SPINEMarketGroup

LEWISVILLE, Texas–(BUSINESS WIRE)– Orthofix Medical Inc. (NASDAQ:OFIX) today reported its financial results for the quarter ended June 30, 2022. Net sales were $118.1 million, earnings per share (“EPS”) was $0.12, and adjusted EPS was $0.08. “We’re pleased with our execution in the second quarter, which was led by double digit growth in our global orthopedic […]

ATEC Reports Second Quarter 2022 Financial Results and Increases Full-Year Revenue Guidance

August 6, 2022 By SPINEMarketGroup

CARLSBAD, Calif.–(BUSINESS WIRE)– Alphatec Holdings, Inc. (Nasdaq: ATEC), a provider of innovative solutions dedicated to revolutionizing the approach to spine surgery, today announced financial results for the quarter ended June 30, 2022, and recent corporate highlights. Second-Quarter and Full-Year 2022 Financial Results Recent Highlights Hosted over 150 surgeons at training events, contributing to a 23% increase in surgeon […]

SpineNet, LLC Names Bill McDonald as Chief Operating Officer

August 5, 2022 By SPINEMarketGroup

WINTER PARK, FLA. (PRWEB) AUGUST 04, 2022–SpineNet, LLC is pleased to announce that Bill McDonald will be joining the company as Chief Operating Officer effective immediately. Bill has been assisting Chief Executive Officer, King Floyd, with several ongoing projects including the beta launch of the SSP, Single Screw Anterior Cervical Plate System. Bill has been a […]

Globus Medical Reports Second Quarter 2022 Results

August 4, 2022 By SPINEMarketGroup

AUDUBON, Pa., Aug. 04, 2022 (GLOBE NEWSWIRE) — Globus Medical, Inc. (NYSE: GMED), a leading musculoskeletal solutions company, today announced its financial results for the quarter ended June 30, 2022. Worldwide net sales were $263.6 million, an increase of 5.0% as reported, and an increase of 6.5% on a constant currency basis, compared to the […]

Xtant Medical Announces Second Quarter 2022 Financial Results

August 4, 2022 By SPINEMarketGroup

BELGRADE, Mont., Aug. 04, 2022 (GLOBE NEWSWIRE) — Xtant Medical Holdings, Inc. (NYSE American: XTNT), a global medical technology company focused on surgical solutions for the treatment of spinal disorders, today reported financial and operating results for the second quarter ended June 30, 2022. “We are pleased to have achieved our highest revenue quarter since […]

CGBio Signing a North America Out-license Contract on “Novosis rhBMP-2,” a Bone Substitute with Orthofix, USA

August 4, 2022 By SPINEMarketGroup

SEOUL, South Korea and LEWISVILLE, Texas, Aug. 4, 2022 /PRNewswire/ — CGBio (CEO Hyun Seung Yu), a company specialized in bio-regenerative medicine, announced on 3 that it has signed a strategic partnership agreement with Orthofix Medical Inc., a global medical device company, to license out the NOVOSIS Technology, a bone substitute equipped with bone morphogenetic protein (rhBMP-2) and supply its finished […]

NuVasive Announces Second Quarter 2022 Financial Results

August 4, 2022 By SPINEMarketGroup

NUVASIVE HQ

SAN DIEGO, Aug. 3, 2022 /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 June 30, 2022. Second Quarter 2022 Net sales were $310.5 million, a 5.3% increase as reported and a 7.8% increase on a constant currency […]

Surgalign Reaches Settlement with the Securities and Exchange Commission on Matters Related to Prior Management Between 2015-2019

August 4, 2022 By SPINEMarketGroup

surgalign

DEERFIELD, Ill., Aug. 03, 2022 (GLOBE NEWSWIRE) — Surgalign Holdings, Inc., (NASDAQ: SRGA) reached a settlement with the U.S. Securities and Exchange Commission (“SEC”) on August 3, 2022, concluding and resolving in its entirety the previously disclosed SEC investigation relating to activities that occurred between 2015 and 2019 by RTI Surgical Holdings, Inc., and RTI […]

SeaSpine Reports 19% Revenue Growth and Record Quarterly Revenue for Second Quarter 2022 and Raises Full Year 2022 Revenue Guidance

August 2, 2022 By SPINEMarketGroup

CARLSBAD, Calif., Aug. 02, 2022 (GLOBE NEWSWIRE) — SeaSpine Holdings Corporation (NASDAQ: SPNE), a global medical technology company focused on surgical solutions for the treatment of spinal disorders, announced today second quarter financial results for the three-months ended June 30, 2022. Summary Second Quarter 2022 Financial Results and Recent Highlights Total revenue of $56.3 million, […]

Spineology Announces Key Leadership Appointment and Welcomes New Vice President of Marketing

August 2, 2022 By SPINEMarketGroup

ST. PAUL, Minn.–(BUSINESS WIRE)–Spineology Inc., the longtime leader in ultra-minimally invasive spine surgery, announces the promotion of Matt Cronin to Chief Commercial Officer. Cronin will lead Spineology’s commercial team of sales, marketing and medical education, driving the company’s commercial strategy. “Having worked with Matt the last year and a half in his role as Senior […]

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