LEESBURG, Va., Feb. 28, 2018 (GLOBE NEWSWIRE) — K2M Group Holdings, Inc. (Nasdaq:KTWO) (the “Company” or “K2M”), a global leader of complex spine and minimally invasive solutions focused on achieving three-dimensional Total Body Balance™, today reported financial results for its fourth quarter and fiscal year ended December 31, 2017. Fiscal Year 2017 Financial Summary: Total […]
NEWS
Could single-use devices help reduce healthcare costs?
By Daphne Allen in Medical Packaging on February 26, 2018–Reusing metal instruments could be draining hospitals of both time and resources, argues Jason Haider. To address what he calls an “antiquated medical device supply chain,” he founded Xenco Medical to offer surgical instruments and implants packaged together in sterile, single-use systems. Packaging is key to the company’s […]
AMEDICA Announces Participation in Australian Spine Conference
SALT LAKE CITY, UT, Feb. 27, 2018 (GLOBE NEWSWIRE) — Amedica Corporation (NASDAQ: AMDA), an innovative biomaterial company that develops and commercializes silicon nitride for biomedical applications, is pleased to announce that it has been invited to present at the 29th Annual Scientific Meeting of the Australian Spine Society. The forum, attended by spine surgeons […]
Simplify Medical Announces 50th U.S. Patent for Innovative Cervical Disc Replacement Portfolio
SUNNYVALE, Calif.–(BUSINESS WIRE)–Simplify Medical Pty Ltd, maker of the Simplify® cervical artificial disc, today announced receipt of the company’s 50th U.S. patent for its innovative cervical motion preservation intellectual property (IP) portfolio. The Simplify Disc is designed to minimize patient risk associated with radiation, optimize long-term durability, simplify implantation and increase access to cervical disc replacement for […]
IMPLANET and L&K BIOMED have finalized their partnership with cross-distribution agreements covering Asia and Europe
BORDEAUX, France & BOSTON– IMPLANET (Euronext Growth: ALIMP, FR0010458729, PEA-PME eligible; OTCQX: IMPZY) (Paris:ALIMP) (OTCQX:IMPZY), a medical technology company specializing in vertebral and knee-surgery implants is announcing that it has finalized the partnership with South Korean company L&K BIOMED Co. Ltd. In January, IMPLANET entered into a distribution agreement with Aegis Spine, L&K BIOMED’s US subsidiary, […]
Orthofix International Reports Fourth Quarter and Fiscal 2017 Financial Results
LEWISVILLE, Texas–(BUSINESS WIRE)–Orthofix International N.V. (NASDAQ:OFIX) today reported its financial results for the fourth quarter and fiscal year ended December 31, 2017. For the fourth quarter of 2017, net sales were $116.9 million, earnings per share from continuing operations was $0.08 and adjusted earnings per share from continuing operations was $0.52. For fiscal year 2017, net sales […]
NuVasive Reports Fourth Quarter and Full Year 2017 Financial Results
SAN DIEGO, Feb. 26, 2018 /PRNewswire/ — NuVasive, Inc. (NASDAQ: NUVA), the leader in spine technology innovation, transforming spine surgery with minimally disruptive, procedurally-integrated solutions, announced today financial results for the quarter and full year ended Dec. 31, 2017. Fourth Quarter 2017 Highlights: Revenue remained flat at $271.7 million compared to prior year, with strong international growth of 34% on a […]
K2M and International Spine Study Group Foundation Collaborate to Advance Data Management Using BACS®
LEESBURG, Va., Feb. 26, 2018 (GLOBE NEWSWIRE) — K2M Group Holdings, Inc. (NASDAQ:KTWO) (the “Company” or “K2M”), a global leader of complex spine and minimally invasive solutions focused on achieving three-dimensional Total Body Balance™, today announced the licensure of its BACS® Data Management tool to the International Spine Study Group Foundation (ISSGF) for collecting spine patient data, including patient reported outcome measures […]
Robotic Assisted Spinal Surgery: Just a marketing advantage? Which are the main Surgical Robots for Spine?
The worldwide market for spinal surgical robots is $26 million anticipated to reach $2.77 billon by 2022 (wintergreenresearch.com).Worldwide spinal surgical robot markets are poised to achieve significant growth with the adaptation of robotic technology to the second most widely performed surgical procedure, spinal surgery.Mazor until now is the market leader in the spinal surgical robot market, […]
Synaptive’s Robotics Showcased in NASA Documentary
TORONTO–(BUSINESS WIRE)–“Benefits for Humanity: From Space to Surgery,” a NASA documentary published February 22, 2018, explores the space robotics origins of Synaptive Medical’s robotic digital microscopes, Modus V™ and BrightMatter™ Drive. The video examines how technology originally used to create Canadarm2 on the International Space Station has been adapted to healthcare and is now benefiting patients with […]
Astura Medical Announces Initial Cases and Full Commercial Release For BRIDALVEIL OCT Stabilization System
CARLSBAD, CA – February 21, 2018 – Astura Medical, a high growth, innovative spine technology company, announced today the completion of the initial surgeries and full commercial release for its BRIDALVEIL Occipital-Cervico-Thoracic (OCT) System. The first cases were successfully completed at multiple hospitals across the country, including at the University of Colorado Hospital by Dr. […]
Centinel Spine and Performance Tech Announce Plan for a Season of Success
NEW YORK, Feb. 22, 2018 /PRNewswire/ — Centinel Spine, LLC is pleased to announce that it has extended an endorsement agreement with Performance Tech Motorsports for the entirety of the 2018 IMSA WeatherTech SportsCar Championship season. Centinel Spine first joined the Performance Tech family in January for the Rolex 24 At Daytona. This partnership will […]
Globus Medical Reports Full Year and Fourth Quarter 2017 Results
AUDUBON, Pa., Feb. 21, 2018 (GLOBE NEWSWIRE) — Globus Medical, Inc. (NYSE:GMED), a leading musculoskeletal solutions company, today announced its financial results for the fourth quarter and year ended December 31, 2017. Fourth Quarter: Worldwide sales increased 16.1% as reported to $176.0 million Fourth quarter net income was $24.4 million, or 13.8% of sales, including a […]
Spine Wave Launches Proficient® Posterior Cervical Spine System Implants for Complex Posterior Cervical-Thoracic Procedures
SHELTON, Conn., Feb. 21, 2018 (GLOBE NEWSWIRE) — Spine Wave is increasing the Proficient® Posterior Cervical Spine System’s product offering to further serve the posterior cervical spine market. The system is gaining rapid adoption by spine surgeons, primarily due to its patented tri-lobe polyaxial screw design which offers a best in class 120 degrees of […]
AxioMed Appoints Disc Replacement and Total Motion Expert Winni Koenig as VP Strategic Markets
MALDEN, MASS. (PRWEB) FEBRUARY 20, 2018–AxioMed announced today its latest move to expand its executive team internationally with the appointment of Winni Koenig as Vice President Strategic Markets. The company recently completed their lumbar U.S. IDE and will soon commence large scale manufacturing of their cervical and lumbar disc at their new Boston facility, positioning […]
NuVasive files alleged poaching, infringement suits against Alphatec
(Massdevice.com)–NuVasive Inc. (NSDQ:NUVA) has filed a suit against Alphatec (NSDQ:ATEC) claiming the company hired on executives, including former COO and prez Pat Miles, with knowledge of its XLIF lateral interbody fusion procedures in an attempt to recreate the technology for its own products. In its infringement suit, submitted this week to the U.S. District Court […]
Nexxt Spine Marks 250th Implantation of the NEXXT MATRIXX® System Interbody
NOBLESVILLE, Ind.–(BUSINESS WIRE)–Nexxt Spine, LLC, a medical device company focused on designing, manufacturing, and distributing innovative spinal solutions, today announced the milestone of the 250th implantation of the NEXXT MATRIXX® System. Launched in 2017 the NEXXT MATRIXX® System is a collection of 3D printed porous titanium interbodies that leverages Nexxt generation technology to create interbody and […]
Mazor CEO: Robotics is Here to Stay
(https://www.mddionline.com)–During Mazor Robotics’ fourth-quarter earnings call, executives mentioned Medtronic almost as much as they mentioned their own company. And for good reason. The company received 24 purchase orders for its Mazor X robotic system in the fourth quarter of 2017, and all but one of those orders came from Medtronic. Under a global distribution sale that […]
SpineGuard and Adin Dental Implant Systems Announce the Successful Completion of a Study Demonstrating the Benefits of Dsg™ Technology for Dental Implant Placement
PARIS & SAN FRANCISCO–(BUSINESS WIRE)–Regulatory News:SpineGuard (Paris:ALSGD) (FR0011464452 – ALSGD), an innovative company that develops and markets instruments designed to secure the placement of surgical implants, has announced together with Adin Dental Implant Systems and its subsidiary, Confident Ltd., the successful completion of a key milestone in the validation of prototypes for dental surgery, results […]
Stryker Crosses The 95% Thresholds in VEXIM and Announces Its Intention to File a Proposed Public Buy-out Offer Followed by a Squeeze-out for the Outstanding Shares of VEXIM
BALMA, France–(BUSINESS WIRE)–Regulatory News: Stryker Corporation (NYSE:SYK) announced that it has crossed the 95% thresholds in VEXIM (Paris:ALVXM) (FR0011072602 – ALVXM) and intends to file a proposed public buy-out offer followed by a squeeze-out for the outstanding shares of VEXIM, in accordance with French tender offer laws and regulations. After the acquisition of 92.19% of the […]
Spineology Completes Enrollment in IDE Trial for Mesh Fusion Implant
ST. PAUL, Minn.–(BUSINESS WIRE)–Spineology Inc., an innovator in anatomy-conserving spine surgery, is excited to announce that enrollment is now complete in the Company’s SCOUT clinical trial. The SCOUT (Spineology Clinical Outcomes Trial) IDE, conducted under an FDA-approved protocol, is a prospective multicenter non-randomized performance goal investigation, designed to evaluate safety and effectiveness outcomes in instrumented […]
Simplify Medical Completes Enrollment in IDE Trial Studying Simplify Disc in One Level of Spine for Cervical Disc Replacement
SUNNYVALE, Calif.–(BUSINESS WIRE)–Simplify Medical Pty Ltd, maker of the Simplify® cervical artificial disc, today announced completion of enrollment in its U.S. IDE trial studying the Simplify Disc used for one-level cervical implantation of the device between C3 to C7 compared with a historical control group. The trial enrolled 166 patients at 16 U.S. sites. “We […]
TranS1® Announces Three New Patents
Denver, Feb. 13, 2018 (GLOBE NEWSWIRE) — TranS1®, a spinal device company focused on breakthrough solutions that minimize tissue trauma, today announced it has added three new patents to its portfolio. The patents relate to two new developments associated with presacral interbody fusion, including two new expandable cages designed to create lordosis at L5-S1, along […]
EIT Emerging Implant Technologies Announces CE Mark and First Cases for the World’s First Fully 3D Printed Adjustable Cage
TUTTLINGEN, GERMANY (PRWEB) FEBRUARY 13, 2018–Emerging Implant Technologies GmbH (EIT), a German medical device manufacturer exclusively focused on creating innovative technologies for spinal application by utilizing additive manufacturing, announces that it has received CE mark and performed the first surgeries in Germany with the first fully 3D printed adjustable interbody fusion cage worldwide. The adjustable EIT […]
Camber Spine Technologies Announces First Implantations Of SPIRA™-C Open Matrix Cervical Interbody
WAYNE, Pa., Feb. 12, 2018 /PRNewswire/ — Camber Spine, a leading innovator in spine and medical technologies, today announced the first surgeries using the company’s proprietary SPIRA™-C Open Matrix Cervical Interbody device, a unique, interbody fusion implant consisting of spiral support arches and Surface by Design™ technology. The first cases were performed successfully this past […]
Simplify Medical Closes Additional $23.25 Million in Second Tranche of Series B Financing Totaling $44.25 Million
SUNNYVALE, Calif. – February 9, 2018 – Simplify Medical Pty Ltd, maker of the Simplify® cervical artificial disc, today announced a second tranche of its Series B financing of $23.25 million, completing the oversubscribed round totaling $44.25 million. The lead investor for the second tranche is LSP Health Economics Fund 2 (LSP HEF 2), with participation from existing venture investors […]
John DeFord To Join NuVasive Board Of Directors
SAN DIEGO, Feb. 8, 2018 /PRNewswire/ — NuVasive, Inc. (NASDAQ: NUVA), the leader in spine technology innovation, focused on transforming spine surgery with minimally disruptive, procedurally-integrated solutions, announced the appointment of John A. DeFord, Ph.D. to the Company’s Board of Directors, effective upon the filing of the Company’s Form 10-K with the Securities and Exchange Commission. Dr. DeFord has […]