The global spinal implants and spinal devices market is expected to reach over USD 19.54 billion by 2024 according to Grand View Research, Inc.According to this new report, the introduction of novel bone growth stimulators and the increasing adoption of Minimally-Invasive Surgeries (MIS) surgeries that are relatively less-expensive are expected to propel the usage of spinal […]
NEWS
Amedica Announces Receipt of Nasdaq Notice of Bid Price Deficiency
SALT LAKE CITY, UT–(Marketwired – Aug 19, 2016) – Amedica Corporation (NASDAQ: AMDA), a company that develops and commercializes silicon nitride ceramics as a biomaterial platform, announced today that on August 17, 2016, the Company received a letter from the Nasdaq Listings Qualifications department of the Nasdaq Capital Market (“Nasdaq”) notifying the Company that the […]
SeaSpine Signs Definitive Agreement to Acquire Expandable Interbody Platform Technologies
CARLSBAD, Calif., Aug. 18, 2016 (GLOBE NEWSWIRE) — SeaSpine Holdings Corporation (NASDAQ:SPNE), a global medical technology company focused on surgical solutions for the treatment of spinal disorders, today announced that it is has entered into a definitive agreement to acquire substantially all of the assets of NLT Spine Ltd. (NLT), an Israel-based medical device company […]
Stryker: Growth Through Acquisition Impressive
Acquisitions are commonly stressful and messy, with lots of disruption both within the acquiring company and also the acquired. There is usually retrenchment, battles for power and much distraction while it gets sorted. A company that seems to do it differently is Stryker (NYSE:SYK). I’ve been impressed for some time how this company approaches growing […]
Spinal Elements® Receives 510(k) Clearance for Interspinous Process Device
CARLSBAD, CA (PRWEB) AUGUST 17, 2016–Spinal Elements, a spine technology company, announced that they have received 510(k) clearance from the United States Food and Drug Administration (FDA) to market an interspinous process device. Interspinous process devices are placed between the spinous processes of the spine and provide support and fixation while a spinal fusion forms. […]
OrthoPediatrics Corp. Launches New BandLoc System
WARSAW, INDIANA (PRWEB) AUGUST 16, 2016–OrthoPediatrics Corp. is pleased to announce the launch of its new BandLoc 5.5/6.0mm System (BandLoc). The Company has received both CE marking and FDA clearance for the device in the U.S. and [certain] international markets. BandLoc is a pedicle-sparing, band passage technique for treating a wide variety of complex spinal […]
Legal troubles continue over Medtronic surgical implants
Jerome Lew is a Hollywood screenwriter, and what happened to him could have come straight out of a horror film.In 2009, Lew went to UCLA Medical Center for surgery to relieve numbness and pain in his hands. The operation appeared to be a success. But he later began having trouble speaking. His left eye drooped. […]
RTI Surgical Announces CEO Brian Hutchison to Retire
ALACHUA, Fla.–(BUSINESS WIRE)–RTI Surgical Inc. (“RTI” or “the company”) (Nasdaq: RTIX), a leading global surgical implant company, today announced that Brian K. Hutchison has informed the RTI board of directors that he has decided to retire from his position as president and chief executive officer and step down from the board of directors. Hutchison has […]
Spinal Simplicity Introduces Innovative Implant With Hydroxyapatite Coating
LEAWOOD, Kan., Aug. 15, 2016 /PRNewswire/ — Spinal Simplicity, a medical device company based in Overland Park, Kan., that develops innovative solutions to treat complex surgical problems, recently announced a new generation of their Minuteman G3 fusion device that features an FDA-cleared coating of hydroxyapatite (HA). “HA has been used in orthopedic procedures for the […]
Medtronic Completes $20 Million Second Tranche Investment in Mazor Robotics
CAESAREA, Israel–(BUSINESS WIRE)–Mazor Robotics Ltd. (TASE: MZOR; NASDAQGM: MZOR), a pioneer and a leader in the field of surgical guidance systems, today announced the completion of the second tranche of the equity investment by Medtronic pursuant to a previously executed agreement between the parties. The Company issued new securities representing 3.40% percent of Mazor’s issued […]
Did you know that the LLIF market has more than 45 vendors including many new and emerging companies?
According to Technavio, the LLIF market in the US mark the presence of large, well-established vendors as well as new and emerging companies. This market is subject to rapid change and over the last weeks, we have seen the launch of the Velocity Lateral Cage (Spine Wave), and 4WEB Medical announcing the FDA Clearance of their […]
Titan Spine Expands Distribution Agreement with MBA to Offer Endoskeleton® Titanium Implant Portfolio in Italy
MEQUON, Wis.–(BUSINESS WIRE)–Titan Spine, a medical device surface technology company focused on developing innovative spinal interbody fusion implants, today announced that it has expanded its distribution agreement with strategic partner MBA to provide Titan’s line of Endoskeleton® titanium implants to practicing spine surgeons in the European Union to include Italy. Under the agreement, initially announced […]
Synthes sales consultants win $5m class action settlement
(massdevice.com)–DePuy Synthes logoOutside sales reps for Johnson & Johnson (NYSE:JNJ) subsidiary Synthes, who accused the company of failing to cover business expenses and illegal wage deductions, last week won a $5 million settlement in their class action lawsuit. Lead plaintiff Troy Lindell was an outside sales rep for Synthes from 1999 until 2011 in Fresno […]
Precision Spine® Enters Next Phase of Aggressive Growth
PARSIPPANY, N.J.–(BUSINESS WIRE)–Precision Spine, Inc., a medical device company dedicated to Made-in-the-USA manufacturing, will introduce its MD-Vue™ Lateral Access System at the North American Spine Society (NASS) Annual Meeting October 26-29 in Boston, MA. The strong, lightweight MD-Vue System was designed in collaboration with prominent lateral spine surgeons and is the only lateral retractor that […]
Spine Wave launches Velocity expandable lateral spine implant
Spine Wave said today it is launching its Velocity L expandable interbody device and XLR II lateral access system, both of which are designed for lateral surgical approaches for spinal procedures. The expandable device is designed to minimize impaction of large lateral implants into collapsed disk spaces through a slim profile which expands to the […]
OrthoPediatrics Corp. Licenses EPIC Plate Physeal Tethering Technology
WARSAW, IN (PRWEB) AUGUST 08, 2016–OrthoPediatrics Corp. is pleased to announce it has finalized a license agreement with Sydney Children’s Hospitals Network for the EPIC Plate Physeal Tethering Technology, which expands the Company’s leading position in the guided growth marketplace. The EPIC Plate was designed in collaboration with the Network’s researchers from the Kids Research […]
Camber Spine Technologies Revolutionizes Sacroiliac Surgery With Prolix™ Sacroiliac Joint
WAYNE, Pa., Aug. 8, 2016 /PRNewswire/ — Camber Spine Technologies has partnered with Dr. Joseph DiCicco of Orthopedic Trauma Associates of Southwestern Ohio to conduct a post-operative pain study on patients receiving the Prolix™ implant. Patients in the study have undergone pain management therapy for sacroiliac pain over an extended period of time and have […]
DeGen Medical Receives Clearance of CONNECT-L Transverse Connector with F1 MPS(TM) System
FLORENCE, S.C., Aug. 5, 2016 (GLOBE NEWSWIRE) — DeGen Medical has received clearance from the FDA for its CONNECT-L™ Transverse Connector to be used with F1 MPS™ Modular Pedicle Screw System. The F1 MPS™ system is intended to provide immobilization and stabilization of posterior non-cervical spine. The CONNECT-L Transverse Connector is small, low profile, and […]
Patients who received Medtronic’s Infuse product to get $8.45 million in settlements
(Startribune.com)–Two patients who were injured by Medtronic’s controversial Infuse bone graft product will receive a combined $8.45 million in settlements with the University of California Los Angeles, where a doctor with financial ties to the company used the product on them.Patients Ralph Weiss and Jerome Lew alleged that hundreds of thousands of dollars in Medtronic […]
Amendia Announces Expansion of State of the Art Medical Manufacturing Facility
MARIETTA, GA (PRWEB) AUGUST 02, 2016–Amendia Inc., a leading developer and manufacturer of spinal implants, announces the expansion of its state of the art manufacturing facility in Marietta, Georgia. Amendia is one of the few vertically integrated spinal implant companies in the United States and currently has one of the most advanced manufacturing facilities in […]
TransEnterix, Inc. Announces First Sale of ALF-XⓇ Surgical Robotic System
RESEARCH TRIANGLE PARK, N.C.–(BUSINESS WIRE)–TransEnterix, Inc. (NYSE MKT: TRXC), a medical device company that is pioneering the use of robotics to improve minimally invasive surgery, today announced the first global sale of its ALF-XⓇ Surgical Robotic System to Humanitas Hospital in Milan, Italy. “We are pleased to announce the first global sale of our ALF-X […]
Spinal Elements® Announces Over 10,000 Ti-Bond Implants and Commencement of Ti-Bond Warranty Program
CARLSBAD, CA (PRWEB) AUGUST 01, 2016–Spinal Elements, a spine technology company, announced that over 10,000 Ti-Bond interbody devices have been implanted and to celebrate this milestone a Ti-Bond Warranty Program has been initiated. Ti-Bond is the name of Spinal Elements’ porous titanium coating that is applied to PEEK interbody devices used in spine surgery. The […]
Zimmer Biomet and NuVasive Could be a Spine-Tingling Combination
(realmoney.thestreet.com)–While some analysts see a buying opportunity after Zimmer Biomet’s (ZBH) latest quarterly results, it is the company’s efforts to return to growth that could signal merger-and-acquisition opportunities. The medical-device company is well on track to show a return to growth this year, say Jefferies analysts in a research note Friday. Overall organic revenue growth […]
Orthofix Announces Japanese Approval and Market Launch of PHOENIX Minimally Invasive Spinal Fixation System
LEWISVILLE, Texas–(BUSINESS WIRE)–Orthofix International N.V. (NASDAQ:OFIX), a diversified, global medical device company, today announced regulatory approval from the Japanese Ministry of Health, Labor and Welfare (MHLW) of the PHOENIX® Minimally Invasive Spinal (MIS) Fixation System. The introduction of PHOENIX will set the stage for Orthofix to bring more of its innovative spine technologies to this […]
DeGen Medical Receives Clearance of F1 MPS(TM) System for JOUST(TM) Minimally Invasive Surgical Procedure
FLORENCE, S.C., July 26, 2016 (GLOBE NEWSWIRE) — DeGen Medical has received clearance from the FDA for its F1 MPS™ Modular Pedicle Screw System for JOUST™ Minimally Invasive Surgery (MIS) procedure. The JOUST™ MIS is a modular pedicle screw with cobalt-chrome alloy head for percutaneous procedures. The JOUST™ MIS technology includes MIS Towers for percutaneous […]
4WEB Medical Announces FDA Clearance of Lateral Spine Truss System
DALLAS, July 27, 2016 /PRNewswire/ — 4WEB Medical, the industry leader in 3D printed orthopedic implants, announced today that the company has received 510K clearance from the FDA for its lateral interbody fusion device. The company will market the comprehensive lateral offering under the trade name Lateral Spine Truss System. The Lateral Spine Truss System […]
Alphatec Holdings Announces Sale of International Business to Globus Medical
CARLSBAD, Calif., July 26, 2016 (GLOBE NEWSWIRE) — Alphatec Holdings, Inc. (Nasdaq:ATEC), the parent company of Alphatec Spine, Inc., a global provider of spinal fusion technologies, announced today that it has entered into a definitive agreement with Globus Medical (NYSE:GMED), a leading musculoskeletal implant manufacturer, whereby Globus will acquire Alphatec’s international operations and distribution channel […]