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2024

SurGenTec Receives FDA Clearance for B-MAN Bone Marrow Aspirate Kit with Integrated Filtration

August 25, 2024 By SPINEMarketGroup

BOCA RATON, Fla.--(BUSINESS WIRE)--SurGenTec, an innovative medical device company specializing in orthopedic and spine technology, is thrilled to announce that it has received 510(k) clearance from the U.S. Food and Drug Administration (FDA) for its proprietary B-MAN Bone Marrow Aspirate Kit. The B-MAN Kit introduces a cutting-edge approach to bone marrow aspiration, … [Read more...] about SurGenTec Receives FDA Clearance for B-MAN Bone Marrow Aspirate Kit with Integrated Filtration

Globus Medical Launches ADIRA™ XLIF™ Plate System

August 23, 2024 By SPINEMarketGroup

AUDUBON, Pa., Aug. 21, 2024 (GLOBE NEWSWIRE) -- Globus Medical, Inc. (NYSE: GMED), a leading musculoskeletal solutions company, today announced the commercial launch of the ADIRA™ XLIF™ Plate System, the Company’s first product launch compatible across its expanded lateral interbody portfolio. “This launch represents an important milestone in our integration roadmap,” said … [Read more...] about Globus Medical Launches ADIRA™ XLIF™ Plate System

Stryker announces definitive agreement to acquire Vertos Medical, Inc., expanding interventional pain management solutions

August 23, 2024 By SPINEMarketGroup

Portage, Michigan, Aug. 22, 2024 (GLOBE NEWSWIRE) -- Stryker (NYSE: SYK), a global leader in medical technologies, announced today a definitive agreement to acquire Vertos Medical Inc., a privately held company providing a minimally invasive solution for treating chronic lower back pain caused by lumbar spinal stenosis. Lumbar spinal stenosis affects millions of people … [Read more...] about Stryker announces definitive agreement to acquire Vertos Medical, Inc., expanding interventional pain management solutions

Centinel Spine’s Leadership in Lumbar Total Disc Replacement Fueled Through Rapidly Expanding Market and Long-Term Survivability Data

August 22, 2024 By SPINEMarketGroup

WEST CHESTER, Pa., Aug. 22, 2024 /PRNewswire/ -- Centinel Spine®, LLC ("the Company"), the leading global medical device company focused exclusively on treating cervical and lumbar spinal disease with the most complete and clinically-proven total disc replacement (TDR) technology platform in the world (prodisc®), today announced data supporting strong market growth … [Read more...] about Centinel Spine’s Leadership in Lumbar Total Disc Replacement Fueled Through Rapidly Expanding Market and Long-Term Survivability Data

Medtronic reports first quarter fiscal 2025 financial results

August 20, 2024 By SPINEMarketGroup

GALWAY, Ireland, Aug. 20, 2024 /PRNewswire/ -- Medtronic plc (NYSE: MDT) today announced financial results for its first quarter (Q1) of fiscal year 2025 (FY25), which ended July 26, 2024. Key Highlights Financial ResultsMedtronic reported Q1 worldwide revenue of $7.915 billion and adjusted revenue of $8.004 billion, an increase of 2.8% as reported and … [Read more...] about Medtronic reports first quarter fiscal 2025 financial results

restor3d Expands into Robotics and Navigation with Strategic Leadership Hires

August 16, 2024 By SPINEMarketGroup

DURHAM, N.C.--(BUSINESS WIRE)--restor3d, the medical technology leader in 3D printed, personalized orthopedic implants, announced its strategic expansion into the field of robotics and navigation through the appointment of seasoned leaders, Larry Hazbun and Kirstin Widding. restor3d is at the forefront of innovation in the field of personalized orthopedic solutions, … [Read more...] about restor3d Expands into Robotics and Navigation with Strategic Leadership Hires

Patrick Fisher Joins Orthofix as President of Global Orthopedics Business

August 16, 2024 By SPINEMarketGroup

LEWISVILLE, Texas--(BUSINESS WIRE)--Orthofix Medical Inc. (NASDAQ:OFIX), a leading global spine and orthopedics company, today announced the appointment of Patrick Fisher as President of the Orthofix Global Orthopedics business. In this role, Fisher will serve on the company’s Executive Leadership team, reporting to Orthofix President and CEO Massimo Calafiore. Fisher joins … [Read more...] about Patrick Fisher Joins Orthofix as President of Global Orthopedics Business

Bioretec Ltd’s half-year report January-June 2024: RemeOs™ trauma screw controlled launch in the U.S. yielded expected positive clinical results

August 15, 2024 By SPINEMarketGroup

TAMPERE, Finland, Aug. 15, 2024 /PRNewswire/ -- This announcement is a summary of Bioretec Ltd's half-year report January-June 2024. The complete half-year report with tables is attached to this release as a pdf file and available at the company's web pages at https://bioretec.com/investors/investors-in-english/releases. April-June 2024 in brief January-June … [Read more...] about Bioretec Ltd’s half-year report January-June 2024: RemeOs™ trauma screw controlled launch in the U.S. yielded expected positive clinical results

Zavation Medical Products, LLC ranks as one of the fastest-growing private companies in America

August 13, 2024 By SPINEMarketGroup

FLOWOOD, Miss., Aug. 13, 2024 /PRNewswire/ -- Inc. revealed today that Zavation Medical Products, LLC ranks as one of the fastest-growing private companies in America. The prestigious ranking provides a data-driven look at the most successful companies within the economy's most dynamic segment—its independent, entrepreneurial businesses. The Inc. 5000 … [Read more...] about Zavation Medical Products, LLC ranks as one of the fastest-growing private companies in America

KIC Ventures Strengthens Corporate Compliance by Hiring Leading Healthcare Law Firm

August 13, 2024 By SPINEMarketGroup

KIC Ventures partnered with Southern Health Lawyers, LLC to enhance corporate compliance beginning in July 2024. This collaboration reinforces KIC Ventures' prioritized commitment to adhering to healthcare regulations. Southern Health Lawyers, a top healthcare law firm since 2012, will provide expert legal guidance. KIC Ventures continues to meet Sunshine Act requirements … [Read more...] about KIC Ventures Strengthens Corporate Compliance by Hiring Leading Healthcare Law Firm

Spectrum Dynamics Medical and DEEPDENSE Medical Enter into a Partnership to Revolutionize AI in Cardiac and Spine Disease Imaging and Treatment

August 13, 2024 By SPINEMarketGroup

SARASOTA, Fla., Aug. 13, 2024 /PRNewswire/ -- Spectrum Dynamics Medical, a leading innovator in digital SPECT-CT imaging solutions, announced that its partnering with DEEPDENSE Medical, developing innovative AI-based clinical applications to revolutionize Cardiac and Spine disease analysis. This collaboration aims to enhance the visualization and analysis of cardiac and … [Read more...] about Spectrum Dynamics Medical and DEEPDENSE Medical Enter into a Partnership to Revolutionize AI in Cardiac and Spine Disease Imaging and Treatment

Stryker announces definitive agreement to acquire care.ai, a leading virtual care and ambient intelligence solutions platform

August 12, 2024 By SPINEMarketGroup

Portage, Michigan, Aug. 12, 2024 (GLOBE NEWSWIRE) -- Stryker (NYSE: SYK), a global leader in medical technologies, announced today a definitive agreement to acquire care.ai, a privately held company specializing in delivering AI-assisted virtual care workflows, smart room technology and ambient intelligence solutions. The acquisition will strengthen Stryker’s growing healthcare … [Read more...] about Stryker announces definitive agreement to acquire care.ai, a leading virtual care and ambient intelligence solutions platform

Kuros Biosciences Reports First Half of 2024 Results

August 9, 2024 By SPINEMarketGroup

Schlieren (Zurich), Switzerland, August 8, 2024 – Kuros Biosciences (“Kuros” or the “Company”) a leader in next generation bone healing technologies, today announced financial results for the first half of 2024. Financial Highlights Regulatory, Clinical & Commercial Highlights  Outlook Events after the reporting period The group has no significant … [Read more...] about Kuros Biosciences Reports First Half of 2024 Results

Globus Medical Reports Second Quarter 2024 Results

August 6, 2024 By SPINEMarketGroup

AUDUBON, Pa., Aug. 06, 2024 (GLOBE NEWSWIRE) -- Globus Medical, Inc. (NYSE: GMED), a leading musculoskeletal solutions company, today announced its financial results for the quarter ended June 30, 2024. “I’m pleased with the quarterly results, demonstrating our team’s strong performance as we continue to execute our long-term growth strategy, deliver on NuVasive … [Read more...] about Globus Medical Reports Second Quarter 2024 Results

Spineology® Announces $25 Million Equity Financing

August 6, 2024 By SPINEMarketGroup

ST. PAUL, Minn.--(BUSINESS WIRE)--Spineology, the medical device company pioneering Conform and Expand™ spinal fusion technology, today announced that it has raised $25 million in Series AA financing led by SV Health Investors, with participation from 1315 Capital and its existing investor, RC Capital. “We are thrilled to welcome SV Health Investors and 1315 Capital. This … [Read more...] about Spineology® Announces $25 Million Equity Financing

SI-BONE, Inc. Reports Financial Results for the Second Quarter 2024

August 6, 2024 By SPINEMarketGroup

SANTA CLARA, Calif., Aug. 05, 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 June 30, 2024. Second Quarter 2024 Financial Highlights (comparisons are to the prior year period) Recent Operational Highlights (comparisons are to the … [Read more...] about SI-BONE, Inc. Reports Financial Results for the Second Quarter 2024

OrthoPediatrics Corp. Reports Second Quarter 2024 Financial Results and Reaffirms Full Year 2024 Revenue Guidance

August 6, 2024 By SPINEMarketGroup

WARSAW, Ind., Aug. 05, 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 second quarter ended June 30, 2024. Second Quarter 2024 and Recent Business Highlights David Bailey, … [Read more...] about OrthoPediatrics Corp. Reports Second Quarter 2024 Financial Results and Reaffirms Full Year 2024 Revenue Guidance

Carlsmed Announces Favorable Medicare Reimbursement Decision for Spinal Fusions with Custom-Made Anatomically Designed Devices

August 6, 2024 By SPINEMarketGroup

CARLSBAD, Calif.--(BUSINESS WIRE)--Carlsmed, the leader in personalized spine surgery, announced today that in the Hospital Inpatient Prospective Payment System Final Rule for fiscal year 2025, the Centers for Medicare & Medicaid Services (CMS) assigned spinal fusion cases with aprevo® custom-made anatomically designed interbody fusion devices to the highest level of the … [Read more...] about Carlsmed Announces Favorable Medicare Reimbursement Decision for Spinal Fusions with Custom-Made Anatomically Designed Devices

NanoHive Medical Announces $7M Series C Financing and Change to Directors Composition

August 5, 2024 By SPINEMarketGroup

BOSTON, MA, August 5, 2024 - NanoHive Medical, a leader in 3D-printed titanium spinal interbody fusion devices, announces a $7M Series C Financing to capitalize the company’s rapid growth and a priority on company-building to profitability. Outcome Capital served as Strategic and Financial Advisor to NanoHive. The primary use-of-proceeds include: (i) expanding the U.S. … [Read more...] about NanoHive Medical Announces $7M Series C Financing and Change to Directors Composition

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