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Orthofix Reports Second Quarter 2022 Results

August 7, 2022 By SPINEMarketGroup

LEWISVILLE, Texas–(BUSINESS WIRE)– Orthofix Medical Inc. (NASDAQ:OFIX) today reported its financial results for the quarter ended June 30, 2022. Net sales were $118.1 million, earnings per share (“EPS”) was $0.12, and adjusted EPS was $0.08. “We’re pleased with our execution in the second quarter, which was led by double digit growth in our global orthopedic […]

ATEC Reports Second Quarter 2022 Financial Results and Increases Full-Year Revenue Guidance

August 6, 2022 By SPINEMarketGroup

CARLSBAD, Calif.–(BUSINESS WIRE)– Alphatec Holdings, Inc. (Nasdaq: ATEC), a provider of innovative solutions dedicated to revolutionizing the approach to spine surgery, today announced financial results for the quarter ended June 30, 2022, and recent corporate highlights. Second-Quarter and Full-Year 2022 Financial Results Recent Highlights Hosted over 150 surgeons at training events, contributing to a 23% increase in surgeon […]

SpineNet, LLC Names Bill McDonald as Chief Operating Officer

August 5, 2022 By SPINEMarketGroup

WINTER PARK, FLA. (PRWEB) AUGUST 04, 2022–SpineNet, LLC is pleased to announce that Bill McDonald will be joining the company as Chief Operating Officer effective immediately. Bill has been assisting Chief Executive Officer, King Floyd, with several ongoing projects including the beta launch of the SSP, Single Screw Anterior Cervical Plate System. Bill has been a […]

Globus Medical Reports Second Quarter 2022 Results

August 4, 2022 By SPINEMarketGroup

AUDUBON, Pa., Aug. 04, 2022 (GLOBE NEWSWIRE) — Globus Medical, Inc. (NYSE: GMED), a leading musculoskeletal solutions company, today announced its financial results for the quarter ended June 30, 2022. Worldwide net sales were $263.6 million, an increase of 5.0% as reported, and an increase of 6.5% on a constant currency basis, compared to the […]

Xtant Medical Announces Second Quarter 2022 Financial Results

August 4, 2022 By SPINEMarketGroup

BELGRADE, Mont., Aug. 04, 2022 (GLOBE NEWSWIRE) — Xtant Medical Holdings, Inc. (NYSE American: XTNT), a global medical technology company focused on surgical solutions for the treatment of spinal disorders, today reported financial and operating results for the second quarter ended June 30, 2022. “We are pleased to have achieved our highest revenue quarter since […]

CGBio Signing a North America Out-license Contract on “Novosis rhBMP-2,” a Bone Substitute with Orthofix, USA

August 4, 2022 By SPINEMarketGroup

SEOUL, South Korea and LEWISVILLE, Texas, Aug. 4, 2022 /PRNewswire/ — CGBio (CEO Hyun Seung Yu), a company specialized in bio-regenerative medicine, announced on 3 that it has signed a strategic partnership agreement with Orthofix Medical Inc., a global medical device company, to license out the NOVOSIS Technology, a bone substitute equipped with bone morphogenetic protein (rhBMP-2) and supply its finished […]

NuVasive Announces Second Quarter 2022 Financial Results

August 4, 2022 By SPINEMarketGroup

NUVASIVE HQ

SAN DIEGO, Aug. 3, 2022 /PRNewswire/ — NuVasive, Inc. (NASDAQ: NUVA), the leader in spine technology innovation, focused on transforming spine surgery with minimally disruptive, procedurally integrated solutions, today announced financial results for the quarter ended June 30, 2022. Second Quarter 2022 Net sales were $310.5 million, a 5.3% increase as reported and a 7.8% increase on a constant currency […]

Surgalign Reaches Settlement with the Securities and Exchange Commission on Matters Related to Prior Management Between 2015-2019

August 4, 2022 By SPINEMarketGroup

surgalign

DEERFIELD, Ill., Aug. 03, 2022 (GLOBE NEWSWIRE) — Surgalign Holdings, Inc., (NASDAQ: SRGA) reached a settlement with the U.S. Securities and Exchange Commission (“SEC”) on August 3, 2022, concluding and resolving in its entirety the previously disclosed SEC investigation relating to activities that occurred between 2015 and 2019 by RTI Surgical Holdings, Inc., and RTI […]

SeaSpine Reports 19% Revenue Growth and Record Quarterly Revenue for Second Quarter 2022 and Raises Full Year 2022 Revenue Guidance

August 2, 2022 By SPINEMarketGroup

CARLSBAD, Calif., Aug. 02, 2022 (GLOBE NEWSWIRE) — SeaSpine Holdings Corporation (NASDAQ: SPNE), a global medical technology company focused on surgical solutions for the treatment of spinal disorders, announced today second quarter financial results for the three-months ended June 30, 2022. Summary Second Quarter 2022 Financial Results and Recent Highlights Total revenue of $56.3 million, […]

Spineology Announces Key Leadership Appointment and Welcomes New Vice President of Marketing

August 2, 2022 By SPINEMarketGroup

ST. PAUL, Minn.–(BUSINESS WIRE)–Spineology Inc., the longtime leader in ultra-minimally invasive spine surgery, announces the promotion of Matt Cronin to Chief Commercial Officer. Cronin will lead Spineology’s commercial team of sales, marketing and medical education, driving the company’s commercial strategy. “Having worked with Matt the last year and a half in his role as Senior […]

THINK Surgical and Curexo Announce Entry Into Development and Distribution Agreement

August 2, 2022 By SPINEMarketGroup

FREMONT, Calif., Aug. 1, 2022 /PRNewswire/ — THINK Surgical, Inc., an innovator in the field of orthopedic surgical robots, today announced its entry into a development and distribution agreement with Curexo, Inc., a medical robotics specialist company based in South Korea. THINK and Curexo have a strong working relationship based on historical development collaboration and Curexo distributes THINK’s […]

SeaSpine® Announces Full Commercial Launch of Meridian™ Anterior Lumbar Interbody System Featuring Reef ™ A Interbody

August 1, 2022 By SPINEMarketGroup

CARLSBAD, Calif., Aug. 01, 2022 (GLOBE NEWSWIRE) — SeaSpine Holdings Corporation (NASDAQ: SPNE), a global medical technology company focused on surgical solutions for the treatment of spinal disorders, today announced the full commercial launch of the Meridian Anterior Lumbar Interbody System featuring the Reef A interbody. This innovative, new ALIF (anterior lumbar interbody fusion) system […]

Kleiner Device Labs Completes First Surgery With KG2 Surge Flow-Thru Interbody System

August 1, 2022 By SPINEMarketGroup

August 1, 2022 — Incline Village, Nev., — Kleiner Device Labs today announced that its new KGTM2 SurgeTM flow-thru interbody system was used in its first surgical procedure. Dr. Anders Cohen performed a single-level TLIF, fusing L5-S1 at The Brooklyn Hospital Center on July 19, 2022.Utilizing the new device, bone graft delivered through the KG […]

Inspan LLC Announces Merger with Sacrix LLC to form a new company Insrix LLC effective July 1st, 2022

August 1, 2022 By SPINEMarketGroup

MALDEN, MASS. (PRWEB) AUGUST 01, 2022–The KICVentures Group sees this merger as necessary to increase the efficiency in the outpatient ambulatory surgery center market for doctors who treat degenerative spine disease such as spinal stenosis and sacroiliac disease. KICVentures Group is the investment holding company with majority ownership in both Inspan LLC and Sacrix LLC leading […]

Globus Medical Announces First Surgeries Using ExcelsiusGPS® In Sydney

July 28, 2022 By SPINEMarketGroup

WESTMEAD, Australia, July 28, 2022 (GLOBE NEWSWIRE) — Globus Medical, Inc. (NYSE: GMED), a leading musculoskeletal solutions company, announced today the first spinal surgeries with ExcelsiusGPS® in Sydney were performed at Westmead Private Hospital. ExcelsiusGPS®, the world’s first revolutionary robotic navigation platform, is designed to improve safety and accuracy in the operating room. Dr. Jun […]

Centinel Spine® Expands Its Comprehensive Cervical Solutions Portfolio With Full Commercial Launch of FORTOS-C™ Anterior Cervical Plating System

July 27, 2022 By SPINEMarketGroup

West Chester, PA, July 26, 2022 – Centinel Spine®, LLC, a leading global medical device company addressing cervical and lumbar spinal disease through anterior surgical access, today announced the full commercial launch of the FORTOS-C™ Anterior Cervical Plating System. With this introduction, Centinel Spine expands its cervical portfolio and further solidifies its leadership position as one of the […]

Stryker reports second quarter 2022 operating results

July 27, 2022 By SPINEMarketGroup

Kalamazoo, Michigan, July 26, 2022 (GLOBE NEWSWIRE) — Stryker (NYSE:SYK) reported operating results for the second quarter of 2022: Second Quarter Results Reported net sales increased 4.6% to $4.5 billion Organic net sales increased 6.1% Reported operating income margin of 17.2% Adjusted operating income margin(1) contracted 220 bps to 23.7% Reported EPS increased 11.0% to $1.72 Adjusted EPS(1) of […]

Clinical Study Validates NuVasive Porous Interbody Implant and Synthetic Bone Graft Substitute as Cost-effective Solution for Lateral Lumbar Interbody Fusions

July 26, 2022 By SPINEMarketGroup

NUVASIVE HQ

SAN DIEGO, July 26, 2022 /PRNewswire/ — NuVasive, Inc. (NASDAQ: NUVA), the leader in spine technology innovation, focused on transforming spine surgery with minimally disruptive, procedurally integrated solutions, today announced the results of the study “Can a bioactive interbody device reduce the cost burden of achieving lateral lumbar fusion?” in the Journal of Neurosurgery: Spine. The study validates […]

Spineway: Acquisition of Spine Innovations a specialist in disc protheses

July 21, 2022 By SPINEMarketGroup

Press release         Ecully, July 21, 2022 – 6 pm—Spineway, a specialist in innovative implants for the treatment of severe spine pathologies, announces the acquisition of 100% of the capital of the French company Spine Innovations, which specializes in cervical and lumbar disc prostheses. Spine Innovations, a spin-off from Groupe FH Ortho’s spine activity and majority owned by the investment fund LBO France, has […]

Nexus Spine Announces Launch of Stable-C™ Cervical Interbody System with Integrated Fixation

July 21, 2022 By SPINEMarketGroup

SALT LAKE CITY–Nexus Spine, a developer of biomechanically-advanced solutions for spinal pathologies, today announced the beta launch of its Stable-C™ cervical interbody fusion implants featuring integrated anchoring blades. The limited release adds to the company’s growing line of Tranquil™ interbody offerings, which currently includes ALIF, PLIF, TLIF, Steerable TLIF, DLIF, and standard cervical configurations. Tranquil™ is made of […]

Surgalign Announces the Commercial Relaunch of its Next Generation CervAlign Anterior Cervical Plate System Optimized for Discectomy and Fusion Procedures

July 20, 2022 By SPINEMarketGroup

DEERFIELD, Ill., July 20, 2022 (GLOBE NEWSWIRE) — Surgalign Holdings, Inc., (NASDAQ: SRGA) a global medical technology company focused on elevating the standard of care by driving the evolution of digital health, today announced the commercial relaunch of its CervAlign® anterior cervical plate (ACP) system. This next generation plate design comes with an enhanced locking […]

SeaSpine Announces Three-Year Extension and Expansion of $30 Million Credit Facility

July 20, 2022 By SPINEMarketGroup

CARLSBAD, Calif., July 19, 2022 (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 amended its credit facility with Wells Fargo Bank, N.A. The amendment extends the maturity date of the credit facility by three years […]

Sacrix LLC highlights its patented sacroiliac joint screw and technique in the face of competitor copying

July 19, 2022 By SPINEMarketGroup

MALDEN, MASS. (PRWEB) JULY 19, 2022–Sacrix’s sacrofuse has a unique design and technique and was issued a United States patent on September 28th, 2021. Sacrix highlights two important claims. Key Patented ClaimsWe received patent protection on our design having cortical threads adjacent to cancellous threads plus fusion channels. This is a significant claim since the anatomy […]

Interspinous Device Controversies in Understanding Patient Selection: Inspan vs Coflex

July 19, 2022 By SPINEMarketGroup

Inspan LLC, a portfolio company of Health Technology investment firm KICVentures Group, is publishing its interview with spine surgery expert, Professor Dr. Kingsley R Chin. There is a resurgence in using interspinous (ISP) devices as more and more spine surgeries move to ambulatory surgery centers. Historically, ISPs were used primarily to treat spinal stenosis in […]

Cutting Edge Spine Announces FDA 510(k) Clearance of T-FIX 3DSI Joint Fusion System with Proprietary Trabecular Technology

July 16, 2022 By SPINEMarketGroup

MINERAL SPRINGS, N.C. (PRWEB) JULY 14, 2022 Cutting Edge Spine (CES), a leader in the organic development and commercialization of bioactive implant technologies for the spine, today announced the FDA 510(k) clearance of its proprietary SI Joint Fusion System, T-FIX 3DSI Joint Fusion System. The 3D-printed T-FIX 3DSI Joint Fusion System is part of the novel EVOL-SI Fusion […]

VisAR Augmented Reality Surgical Guidance System Using Low-Cost Off-the-Shelf HoloLens 2 Hardware Achieves Remarkable Results in Spine Surgery

July 16, 2022 By SPINEMarketGroup

SALT LAKE CITY, July 15, 2022 /PRNewswire/ — Novarad™ announced the publication of the article Augmented Reality Spine Surgery Navigation: Increasing Pedicle Screw Insertion Accuracy for Both Open and Minimally Invasive Spine Surgeries authored by surgeons participating from University of Utah, Georgetown University and University of Washington in the June 2022 issue of SPINE (volume 47, number 12). The article presents accuracy data for open and minimally invasive pedicle […]

Waypoint Orthopedics Submits 510(k) Application for Waypoint GPS™

July 16, 2022 By SPINEMarketGroup

MALVERN, Pa., July 15, 2022 (GLOBE NEWSWIRE) — Waypoint Orthopedics, Inc., a spinal instrumentation company, announced the company’s recent submission of an FDA 510(k) application for the Waypoint GPS™ – a smart bone awl for use during pedicle screw pilot hole drilling. The system is designed to provide the surgeon visual feedback that indicates a […]

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