VEXIM (Paris:ALVXM) (FR0011072602 ‐ ALVXM / PEA-PME eligible), a medical device company specializing in spine trauma, today announced that it has reached the key milestone of 25,000 SpineJack® units sold since the market launch of the implant in 2011. This symbolic 25,000 mark in the sales of SpineJack® implants officially occurred in the last quarter of 2015. […]
NEWS
Benvenue Medical Secures $60 Million Financing
SANTA CLARA, Calif.–(BUSINESS WIRE)–Benvenue Medical, Inc., a developer of minimally invasive solutions for spine repair, announced it completed a $60 million round of financing. The spine company intends to use the proceeds to accelerate U.S. commercialization activities for its two innovative minimally invasive products – the Luna® 3D Interbody Fusion System for treating degenerative disc […]
Thank you very much to iSpine as GOLD Sponsor 2016 to SPINEMarketNews
iSpine is a South African company that was formed to meet the needs of Neuro and Spinal surgeons the world over.The company and its expert partners, designs, develops and manufactures spinal instruments and implants to globally accepted standards.http://www.ispine.co.za
MEDTECH Receives FDA Clearance for ROSA Spine
MONTPELLIER, France, Jan. 05, 2016 (GLOBE NEWSWIRE) — MEDTECH (Euronext, FR0010892950 – ROSA), a company specialized in designing, developing and marketing innovative surgical assistance robots, is pleased to announce that it has received 510K clearance from the United States Food and Drug Administration (FDA) to market the ROSA™ Spine robot in the United States of […]
NuVasive takes over Ellipse Technologies for $410M
NuVasive (NASDAQ:NUVA) acquires privately held Ellipse Technologies for $380M cash upfront and a potential $30M milestone payable in 2017 related to specific revenue targets. NUVA expects the transaction to accelerate its top line growth in the high-single-digit range and be slightly accretive to its non-GAAP EPS in the first year and significantly accretive thereafter.Ellipse develops […]
World’s first spinal fusion surgery performed with single-step insertion of DSG™ Technology enabled screws
PARIS and SAN FRANCISCO, Jan. 5, 2016 – SpineGuard (FR0011464452 – ALSGD), an innovative company that designs, develops and markets disposable medical devices designed to make spine surgery safer, announced today the world’s first spinal fusion surgery performed with the one-step-insertion of pedicle “smart screws” guided by DSG™ (Dynamic Surgical Guidance) technology. This surgery was […]
Implanet announces its 2016 financial calendar
Bordeaux, Boston, January 4, 2016: IMPLANET (Euronext: IMPL, FR0010458729, PEA-PME eligible), a medical technology company specializing in vertebral and knee-surgery implants, announced today its schedule for the publication of financial information for 2016. Event […]
Amedica Signs International Private Label Supply Agreement With Chinese Orthopedic Company
SALT LAKE CITY, Dec. 30, 2015 (GLOBE NEWSWIRE) — Amedica Corporation (Nasdaq:AMDA), a company that develops and commercializes silicon nitride ceramics as a biomaterial platform, today announced the execution of a private label supply agreement with BoTEC Medical, a subsidiary of WinnTi Medical Group and one of the fastest growing orthopedic companies in the People’s […]
SeaSpine Announces $30 Million Credit Facility With Wells Fargo Capital Finance
CARLSBAD, Calif., Dec. 28, 2015 (GLOBE NEWSWIRE) — SeaSpine Holdings Corporation (NASDAQ:SPNE), a global medical technology company focused on surgical solutions for the treatment of spinal disorders, announced today that it has signed a three-year credit facility with Wells Fargo Capital Finance, with the option to extend for a fourth year. The facility provides up […]
Mazor Robotics Receives Three Additional Orders for the Renaissance System; Expands Presence into New US Metropolitan Markets
CAESAREA, Israel–(BUSINESS WIRE)–Mazor Robotics Ltd. (TASE:MZOR) (NASDAQGM:MZOR), a developer of innovative guidance systems and complementary products, today reported three additional fourth quarter 2015 orders for the Renaissance system, including from hospitals in new US metropolitan markets. The first system was installed in a Philadelphia metropolitan area hospital. The second system will be installed in a […]
Judge Unseals CerviCore Accusations Against Stryker Spine
After the fourteenth CerviCore alleged victim filed a lawsuit on Friday, Judge James D. Bates of the Lucas County (Ohio) Court of Common Pleas ruled that the accusations against CerviCore’s manufacturers cannot be filed under seal and must be made publicly available (1). Zoll & Kranz, LLC have been involved with the CerviCore litigation and […]
Promising New Developments in Spinal Non-fusion Treatment Will Push the Market to Almost $750 Million by 2021, says GlobalData
LONDON, UK (GlobalData), 17 December 2015 – The global market for spinal non-fusion treatments will expand from just under $521 million in 2014 to $749 million by 2021, at a Compound Annual Growth Rate (CAGR) of 5.3%, according to research and consulting firm GlobalData. The company’s latest report* states that this moderate growth will be […]
ChoiceSpine Set to Launch TOMCAT
Knoxville, Tenn. – December 21, 2015 – As 2015 comes to a close, ChoiceSpine is ending the year with a significant addition to their spinal implant product portfolio. The Knoxville-based spinal implant company announced today that it has received FDA 510(k) clearance for the TOMCATTM stand-alone cervical device. This new device molds the benefits and […]
SI-BONE, Inc. Announces Medicare Administrative Contractor CGS Administrators, LLC Establishes Positive Coverage for MIS SI Joint Fusion Effective February 1st, 2016
SAN JOSE, Calif., Dec. 21, 2015 /PRNewswire/ — SI-BONE, Inc., a medical device company that pioneered the use of the iFuse Implant System®, a minimally invasive surgical (MIS) device indicated for fusion for certain disorders of the sacroiliac (SI) joint, announced that CGS Administrators, LLC (CGS) the Medicare Administrative Contractor (MAC) covering the states of […]
352 Spine Companies to Know: Updated List
Over the last years, the Spinal market has been growing at a high rate and it has attracted many manufacturers.It has changed from just a few number of important companies to more than 350 players. Now the competition is stronger than ever since the market is stable and full of competitors trying to increase their […]
Stryker (SYK) Said Planning Acquisition of Smith & Nephew (SNN)
Rumors that Stryker (NYSE: SYK) would have tabled an approximately $18 billion offer for Smith & Nephew (NYSE: SNN) were just renewed last week by a StreetInsider report that according to the source, Goldman Sachs would be acting as advisor, and deal talks could move quickly. This isn’t the first time rumors about the bid have surfaced, but […]
Aurora Spine 1,000th ZIP® MIS Interspinous Device Implanted
CARLSBAD, CALIFORNIA–(Marketwired – Dec. 17, 2015) – Aurora Spine Corporation (TSX VENTURE:ASG) announced today that more than 1,000 ZIP® MIS Interspinous Fusion Devices have now been implanted in patients around the world undergoing spinal fixation procedures. “Surpassing 1,000 ZIP MIS Interspinous Fusion implants is a milestone achievement for Aurora Spine. The ZIP implant is rapidly […]
DeGen Medical Receives Clearance of Latitude-C(TM) Cervical Interbody Spacer System
FLORENCE, S.C., Dec. 18, 2015 (GLOBE NEWSWIRE) — DeGen Medical has received clearance from the FDA for our cervical interbody fusion device – Latitude-C™ Cervical Interbody Spacer System. Latitude-C™ Cervical Interbody Spacer offers the surgeon a wide variety of materials based on patient needs – PEEK-OPTIMA®, Porous Titanium with PEEK, PEEK-OPTIMA® HA Enhanced, Titanium and […]
Whistleblower lawsuit leads to 32 more hospitals settling Medicare fraud allegations
WASHINGTON, Dec. 18, 2015 /PRNewswire/ — Thirty-two hospitals in 15 states agreed to pay more than $28 million to settle a whistleblower lawsuit brought by Phillips & Cohen LLP alleging that the hospitals overcharged Medicare for a type of back surgery known as kyphoplasty. More than 130 hospitals have now reached settlements with the Justice […]
Mazor Robotics Receives Order for 100th Renaissance System Globally
CAESAREA, Israel–(BUSINESS WIRE)–Mazor Robotics Ltd. (TASE:MZOR)(NASDAQGM:MZOR), a developer of innovative guidance systems and complementary products, announced today that it received the 100th order for the Renaissance system. The 100th system was purchased by UConn Health, located in Farmington, CT and installed at its John Dempsey Hospital. This represents the fourth Renaissance system sale to date […]
Life Spine® Announces FDA Clearance of GRUVE™ Anterior Cervical Plate System
December 17, 2015 —HUNTLEY, Ill.–(BUSINESS WIRE)–Life Spine, a medical device company that designs, develops, manufactures and markets products for the surgical treatment of spinal disorders, announced today that the U.S. Food and Drug Administration (FDA) has given 510(k) marketing clearance to the GRUVE Anterior Cervical Plate System. The innovation of the GRUVE Anterior Cervical Plate […]
K2M Expands MIS Portfolio With Addition of Its EVEREST Minimally Invasive XT Spinal System
LEESBURG, Va., Dec. 16, 2015 (GLOBE NEWSWIRE) — K2M Group Holdings, Inc. (Nasdaq:KTWO) (the “Company” or “K2M”), a global medical device company focused on designing, developing and commercializing innovative and proprietary complex spine technologies, techniques, and minimally invasive procedures, today announced it has received 510(k) clearance from the U.S. Food and Drug Administration (FDA) to […]
Xtant Medical Announces First Surgical Procedure With the Aranax
BELGRADE, Mont., Dec. 15, 2015 (GLOBE NEWSWIRE) — Xtant Medical Holdings, Inc. (NYSE MKT:XTNT), a leader in the development of regenerative medicine products and medical devices, today announced the first surgical procedure of the previously announced Aranax Cervical Plating System. The Aranax Cervical Plating System represents the latest generation of anterior cervical fixation with an […]
Five Things Clinical Studies Are Showing about AxioMed’s Next-Generation Freedom® Total Disc Replacement
BOSTON, MA (PRWEB) DECEMBER 15, 2015–AxioMed, LLC (http://www.axiomed.com) announced today five key statistics from clinical studies about the AxioMed Freedom® total disc replacement technology. The following data is gathered from European clinical studies published in peer-reviewed medical journals and Orthopedic Meeting Proceedings. 1. In an EU clinical study, after two years, half of patients with […]
DFINE® Announces Commercial Launch of the Long SpineSTAR® Ablation Instrument for the Palliative Treatment of Metastatic Spine Tumors
SAN JOSE, CALIFORNIA (PRWEB) DECEMBER 15, 2015–DFINE, Inc., today announced the commercial launch of its Long SpineSTAR® Ablation Instrument. Long SpineSTAR is the latest innovation by the Silicon Valley medical device manufacturer and is part of the company’s flagship STAR Tumor Ablation System™. The new surgical instrument incorporates new product refinements including a longer working […]
50 Interspinous Devices to Know: Fusion and Motion Preservation Implants
Review the 50 main Interspinous Devices, including Fusion and Motion Preservation Implants in the INTERSPINOUS SECTION of the SPINEMarketNews.com. Recently with greater focus on nonfusion, interest in interspinous devices has emerged again. Until now, static and dynamic interspinous devices have been truly succesful mainly for their simplicity. Now, a new interspinous implant generation is appearing but focused on […]
Medtronic Announces FDA Approval of Infuse® Bone Graft for Three New Spine Surgery Indications
DUBLIN – December 11, 2015 – Medtronic plc (NYSE: MDT) today announced U.S. Food and Drug Administration (FDA) approval of additional spine surgery indications for Infuse® Bone Graft. Upon receiving final labeling approval from the FDA, the company expects to begin marketing these expanded indications in early calendar year 2016. With this expanded approval, Medtronic […]