AUDUBON, Pa., Nov. 22, 2024 (GLOBE NEWSWIRE) — Globus Medical, Inc. (NYSE: GMED), a leading musculoskeletal solutions company, today announced the commercial launch of the ExcelsiusHub™ navigation system. ExcelsiusHub™ joins the expansive ecosystem of Excelsius™ technologies and is designed to elevate the standard for freehand navigation. Freehand navigation provides surgeons with real-time visualization of instrument placement, to reduce the reliance […]
2024
Novadip’s NVDX3 reaches key milestones leading to IND approval from FDA to start phase 2b/3 study in cervical spine fusion
Mont Saint-Guibert, Belgium, November 20, 2024 – Novadip Biosciences, a clinical stage biotechnology company specializing in regenerative medicine, today announces approval from the US Food and Drug Administration (FDA) for its allogenic bone grafting material NVDX3 to enter an investigational new drug study (IND). NVDX3 is an allogenic bone grafting material forming a new class […]
Augmedics Announces FDA Clearance, Completion of First Surgery for New CT-Fluoro Registration
CHICAGO–(BUSINESS WIRE)–Augmedics, a pioneer in augmented reality (AR) surgical navigation, today announced FDA 510(k) clearance of a new registration method for its xvision Spine System®. The xvision CT-to-fluoroscopy (CT-Fluoro) registration method allows surgeons to navigate off a preoperative CT scan and fluoroscopic images from a standard 2D C-arm, eliminating the need for 3D intraoperative imaging, […]
Spineart Celebrates 100,000 Ti-Life Technology Cages Sold Worldwide
Geneva, November 19, 2024 – Spineart, a leader in spine surgery innovation, today announces that it has reached the significant milestone of 100,000 Ti-LIFE Technology cages sold worldwide, supporting the Company’s mission to transform spine surgery for surgeons, patients and hospitals in more than 60 global markets. Launched in July 2016, Spineart’s Ti-LIFE Technology is […]
Has Globus Already Surpassed Medtronic in the Spine Market? Can J&J Find Its Way Back to the Top?
In recent years, Globus Medical has pursued a clear and ambitious goal: becoming the leader in the spine market. Meanwhile, Medtronic Spine has focused on defending its position against Globus. This strategic battle has driven significant moves that are reshaping the industry’s landscape. Globus Medical’s Strategy: From Challenger to Contender Globus faced two major challenges […]
Medtronic reports second quarter fiscal 2025 financial results
GALWAY, Ireland, Nov. 19, 2024 /PRNewswire/ — Medtronic plc (NYSE: MDT) today announced financial results for its second quarter (Q2) of fiscal year 2025 (FY25), which ended October 25, 2024. Key Highlights Financial ResultsMedtronic reported Q2 worldwide revenue of $8.403 billion, an increase of 5.3% as reported and 5.0% on an organic basis. Organic revenue growth comparison excludes: As reported, Q2 GAAP […]
New Study Demonstrates Multiple Advantages of Nevro1™, the Novel SI Joint Fusion System by Nevro, in Comparison to Posterolateral and Lateral Approaches
REDWOOD CITY, Calif., Nov. 18, 2024 /PRNewswire/ — Nevro Corp. (NYSE: NVRO), a global medical device company that is delivering comprehensive, life-changing solutions for the treatment of chronic pain, today announced the publication of new data in Medical Devices: Evidence and Research, which demonstrate the superiority of the Nevro1™ SI Joint Fusion System (“Nevro1”), a posterior integrated transfixation cage […]
(UPDATED 2024):+20 Midline Cortical Systems to Know…!
As spinal surgery techniques evolve, there’s a clear trend toward approaches that reduce recovery time, minimize tissue damage, and enhance patient outcomes. The Midline Pedicle Screws Approach (MPSA) exemplifies this shift by combining the structural benefits of traditional pedicle screw fixation with the advantages of minimally invasive surgery. The Midline Fixation Procedure is designed to […]
Augurex and New Day Diagnostics Announce Launch of Anti-14-3-3eta Multiplex Analyte Specific Reagents; Enabling a First-In-Class Diagnostic Test for Axial Spondyloarthritis
November 13, 2024 VANCOUVER, British Columbia & KNOXVILLE, Tenn.–(BUSINESS WIRE)–Augurex Life Sciences Corp. (“Augurex”) today announced the launch of Anti-14-3-3eta Multiplex Analyte Specific Reagents (ASRs), supporting the development of a first-in-class diagnostic test that assists clinicians in the diagnosis of axial spondyloarthritis (axSpA). New Day Diagnostics in Knoxville, TN, developed the diagnostic test using the […]
Spineway : a week dedicated to medical excellence with more than 20 surgeons trained
Ecully, November 14, 2024 – 6 p.m.—Spineway: a week dedicated to medical excellence with more than 20 surgeons trained The Spineway Group, a , specialist in innovative implants for the treatment of severe spine disorders, organized a week of training dedicated to medical education from November 4 to 8, 2024. Through practical sessions in the operating […]
SI-BONE, Inc. Reports Financial Results for the Third Quarter 2024 and Updates Guidance
SANTA CLARA, Calif., Nov. 12, 2024 (GLOBE NEWSWIRE) — SI-BONE, Inc. (Nasdaq:SIBN), a medical device company dedicated to solving sacropelvic disorders, today reported financial results for the quarter ended September 30, 2024. Third Quarter 2024 Financial Highlights (any comparisons are to the prior year period) Recent Operational Highlights (any comparisons are to the prior year period) “The […]
Globus Medical Launches the ALLEGIANCE™ Retractor System: A New Era in Anterior Spine Surgery
Globus Medical is proud to introduce the ALLEGIANCE™ Retractor System, a groundbreaking ringless system designed to provide rigid and reliable access for anterior spine procedures. Created to meet the growing demands for precision and efficiency in the operating room, this system represents the latest advancement in Globus Medical’s commitment to improving surgical outcomes and enhancing […]
FDA Clears New AI-Powered Spine MRI Software
In a significant advancement for the field of radiology, the U.S. Food and Drug Administration (FDA) has granted 510(k) clearance for RAI, an artificial intelligence (AI)-powered software designed to enhance the analysis of spine magnetic resonance imaging (MRI). Developed by Remedy Logic, this innovative program aims to improve both precision and efficiency in detecting degenerative […]
Spineart Announces the Opening of the Spineart Innovation Center in Dallas, Texas
Dallas, Tex. November 12, 2024 – Spineart, a leader in spine surgery innovation, unveils the Spineart Innovation Center in Dallas, Texas, with a grand opening date of Thursday, November 14, 2024. The Spineart Innovation Center is a 5,500-square-foot facility located at Trinity Towers. This state-of-the-art facility is designed for spine surgeons, hospitals, and academic institutions […]
Foundation Surgical Unveils Revolutionary Motion Preservation Procedure with 510(k) Clearance
Scottsdale, AZ – November 8, 2024–Foundation Surgical, an innovative leader in spinal implant technology, is thrilled to announce the US Food & Drug Administration (FDA) 510(k) clearance of its Vertiwedge® Intraosseous Device! This novel, motion-sparing partial vertebral body replacement device along with its Vertebral Body Osteotomy (VBO®) procedure is set to redefine the landscape of […]
Syntropiq and University of Jan Evangelista Join Forces on Pioneering AI Research in Surgery
Nov. 7, 2023 — The field of medicine is undergoing rapid advancements, with artificial intelligence (AI) and machine learning (ML) opening new doors for patient care and clinical precision. In a groundbreaking initiative, Syntropiq has announced a partnership with the University of Jan Evangelista in Ústí nad Labem to embark on a long-term scientific research […]
OrthoPediatrics Corp. Reports Third Quarter 2024 Financial Results and Increases Full Year 2024 Revenue Guidance
WARSAW, Ind., Nov. 06, 2024 (GLOBE NEWSWIRE) — OrthoPediatrics Corp. (“OrthoPediatrics” or the “Company”) (Nasdaq: KIDS), a company focused exclusively on advancing the field of pediatric orthopedics, today announced its financial results for the third quarter ended September 30, 2024. Third Quarter 2024 and Recent Business Highlights David Bailey, President & CEO of OrthoPediatrics, commented, “The third quarter results represent yet […]
Carlsmed Launches Cutting-Edge Digital Production Line, Revolutionizing Spine Surgery
CARLSBAD, Calif.–(BUSINESS WIRE)–Carlsmed, a commercial-stage medical technology company and pioneer of the personalized spine surgery market, today announced the successful launch of its state-of-the-art digital production line. This innovative technology will enable the company to deliver its aprevo® personalized spinal fusion implants to hospitals in less than ten days. “This advancement is more than just a […]
Globus Medical Reports Third Quarter 2024 Results
AUDUBON, Pa., Nov. 05, 2024 (GLOBE NEWSWIRE) — Globus Medical, Inc. (NYSE: GMED), a leading musculoskeletal solutions company, today announced its financial results for the quarter ended September 30, 2024. “Our third quarter results reflect the enduring strength of our business. We’ve continued to deliver on our business objectives to drive sales growth, launch new products, and execute our integration plans, […]
SI-BONE Receives Transitional Pass-Through Payment Status for iFuse Bedrock Granite™
SANTA CLARA, Calif., Nov. 05, 2024 (GLOBE NEWSWIRE) — SI-BONE, Inc., (Nasdaq: SIBN), a Silicon Valley-based medical device company dedicated to providing surgical solutions for sacropelvic disorders, today announced that the Centers for Medicare & Medicaid Services (CMS) has granted Transitional Pass-Through (TPT) payment status for the iFuse Bedrock Granite™ (Granite) system, used for pelvic fixation […]
Is Being a Doctor a Job, or a Calling? The Generational Divide Reshaping Medicine
A few days ago, The Wall Street Journal published an article quoting a 63-year-old surgeon who noted that the younger generation tends to view medicine as a job rather than a vocation. This perspective, he argued, highlights a shift in values as society changes over time. Today, we explore this theme, examining how these evolving […]
RTI Surgical Completes Acquisition of Collagen Solutions
ALACHUA, Fla., November 1, 2024 – RTI Surgical (“RTI” or “the Company”), a leading CDMO pushing the boundaries of innovation and tissue engineering to meet patient needs in regenerative medicine, announced today it has successfully completed the acquisition of Collagen Solutions, a premier global supplier of engineered medical-grade collagen and xenograft tissue, as announced on October […]
A New Era in Hospital Procurement of Spine Implants (I): Value-Based Purchasing—Could It Work? Exploring the Advantages and Challenges Ahead
The landscape of purchasing models for spine devices in hospitals is evolving, with an increasing emphasis on cost efficiency, regulatory compliance, and patient outcomes. As healthcare continues to shift towards value-based care, hospitals are exploring various models to optimize their procurement strategies while ensuring quality and safety in patient care. In addition to the inventory […]
Exactech Declares Bankruptcy Amid Mounting Legal Challenges Over Defective Implants
Exactech, a medical device company headquartered in Gainesville, Florida, has filed for bankruptcy protection amid ongoing legal battles. The company faces more than 2,000 lawsuits in both state and federal courts from patients who claim they received defective hip and knee implants. To address its financial strain, Exactech announced a plan to restructure its operations […]
Astura Medical Receives FDA Clearance for the EGPS System: Expanding Robotic Integration in Spinal Surgery
Astura Medical proudly announces the FDA 510(k) clearance of its latest innovation, the EGPS System. This system represents a significant advancement in spinal surgery, specifically designed to enhance compatibility and precision when used with robotic platforms. The EGPS System is crafted to work seamlessly across a range of surgical techniques and configurations, providing spinal surgeons […]
Rhausler, Inc. Responds to Aesculap Decision to Leave US Cervical Spine Implant Market
Fremont, CA, September 13, 2024 / — On their US website, Aesculap Implant Systems announced they will cease sales of cervical spine implant products on September 30, 2024. Rhausler, a medical device technology company that provides cervical spine implants, is publicizing the continued availability of a replacement for the Aesculap ABC Cervical Plate. The Rhausler […]
Advances in Spinal Surgery Training: High-Fidelity and Virtual Reality Simulators as Next-Generation Tools
The field of spinal surgery training has undergone significant transformation with the development of high-fidelity simulators and virtual reality (VR) technology. These innovative tools allow surgeons to engage in immersive, realistic training experiences that mimic the complexities of spinal procedures. By using cutting-edge technology to replicate human anatomy and clinical conditions, simulators provide an invaluable […]