According to a Seeking Alpha article, the Federal Trade Commission (FTC) is evaluating a possible lawsuit to challenge the agreement between Globus Medical and Nuvasive. The FTC has the deal on its radar, the traders said, and they cited a Capitol Forum story circulating Thursday that mentions the deal as part of a larger article […]
NEWS
Cerapedics™ Announces Expansion of Headquarters to Support Growth of its Bone Graft Products
WESTMINSTER, Colo., July 19, 2023 /PRNewswire/ — Cerapedics Inc., a commercial-stage orthopedics company dedicated to redefining the standard of care for bone repair, announced today it is expanding its headquarters in the Denver metro area to support the growth of its products, which include the U.S. Food and Drug Administration (FDA)-approved i-FACTOR® bone graft for cervical spinal fusion and its next-generation […]
SMAIO: First-Half 2023 Sales up +203% to €4.0 Million
Lyon (France), July 18, 2023 – 5.45 pm CEST – SMAIO (Software, Machines and Adaptative Implants in Orthopaedics – Euronext Growth Paris ISIN: FR0014005I80 / Ticker: ALSMA, eligible for PEA-PME equity savings plans), a French player specialized in complex spine surgery with a comprehensive offer including software, adaptative implants and related services, today published its […]
SPINEMarketGroup celebrates 14 years! Thank You!
Today is the 14th anniversary of SPINEMarketGroup! We want to THANK YOU, FOLLOWERS AND VISITORS, for your trust and loyalty all these years! We also want to thank our CURRENT and PAST SPONSORS! They have made it possible for us to continue working. Thank you for the support! OUR SPONSORS TODAY… AND IN THE PAST… Since […]
XinRong Medical places a large purchase order of PediGuard® devices and invests in SpineGuard to boost DSG® technology’s deployment in China
Paris (France) and Boulder (CO, USA), July 13, 2023 – 8:30 am CEST – SpineGuard (FR0011464452 – ALSGD), an innovative company that deploys its DSG (Dynamic Surgical Guidance) sensing technology to secure and streamline the insertion of bone implants, and XinRong Medical Group, a China leader in medical technology, announced today the placement of a large purchase order […]
Stryker Announces Commercial Launch of Q Guidance System With Cranial Guidance Software
LEESBURG, Va.–(BUSINESS WIRE)–Stryker (NYSE: SYK), one of the world’s leading medical technology companies, has commercially launched its Q Guidance System with Cranial Guidance Software to provide surgeons with an image-based planning and intraoperative guidance system that assists in positioning instruments and identifying patient anatomy during cranial surgery. The software can be used for craniotomies, skull base […]
Spineway: First-half 2023 revenue of € 5.4 million (+75%)
Ecully, July 11, 2023 –Spineway’s total revenue for the first half of 2023 was €5.4 million, up 75% compared with the first half of 2022. Growth was driven mainly by the contribution of sales of Spine Innovations, acquired in July 2022. However, organic growth1 remained sustained, representing 12% in the first half of 2023, thanks to the steep […]
SpineGuard announces its H1 2023 revenue
PARIS and BOULDER (CO), July 11, 2023 – 6:00 pm CEST – SpineGuard (FR0011464452 – ALSGD), an innovative company that deploys its DSG® (Dynamic Surgical Guidance) sensing technology to secure and streamline the placement of bone implants, announced today its first half 2023 revenue. Pierre Jérôme, Co-founder, Chairman and CEO of SpineGuard, said: “Our product sales in Q2 are extremely contrasted […]
Safe group group reports half-year revenues of €2.9m
Éragny-sur-Oise, Fleurieux-sur-l’Arbresle, July 10th, 2023 at 8:35 p.m. CET – Safe (FR001400F1V2 – ALSAF), a company specializing in the design, manufacture and marketing of ready-to-use technologies for back surgery, particularly safe for spinal fractures treated in emergency (the “Company”) announces its yearly sales results for 2023. “Safe Group closes the first half of 2023 with overall […]
Stryker launches industry’s only fully autonomous guidance system
KALAMAZOO, Michigan, USA, July 6, 2023 /PRNewswire/ — Stryker (NYSE:SYK) announced the launch of its Ortho Q Guidance system, the only fully autonomous system in the industry, easily controlled by the surgeon from the sterile field. The system combines new optical tracking options via a redesigned, state-of-the-art camera with sophisticated algorithms of the newly launched Ortho Guidance software to deliver additional surgical […]
icotec ag Announces FDA 510(k) Clearance for VADER® Pedicle System Navigated Instruments, Advancing Precision and Safety in Spinal Implantation
ALTSTAETTEN, Switzerland, July 27, 2023 /PRNewswire/ — icotec, a leading medical device manufacturer specializing in BlackArmor® Carbon/PEEK spinal implants, is pleased to announce the receipt of FDA 510(k) clearance for its VADER® Pedicle System Navigated Instruments. This achievement represents a significant step forward in enhancing surgical precision and safety for spine surgeons using our innovative BlackArmor® Carbon/PEEK implants. As part of […]
Inspired Spine Hosts Third International Lab in Germany, Showcasing OLLIF and Trident SI Joint Fusion Procedures
BURNSVILLE, Minn., July 5, 2023 /PRNewswire/ — Inspired Spine, a global leader in minimally invasive spinal surgery, hosted their Trans Kambin OLLIF lab Monday July 3rd at Sana Regio Pinneberg Klinikum in Pinneberg Germany. This marks the third international lab hosted by Inspired Spine this year, where Dr. Hamid Abbasi, along with esteemed surgeons Dr. Amir Sharif and Dr. Thomas Demmel, lead the […]
We are proud to announce that Syntropiq is Sponsor of SPINEMarketGroup in 2023!
Thank you Syntropiq! On behalf of the SPINEMarketGroup team, we would like to thank you for supporting our site in 2023 through your PLATINUM sponsorship. About Syntropiq We are a privately held spine interbody implant and surface technology company. Our team members with rich experience more than 25 years in spine have seen over 10 000 spine surgeries and […]
Surgalign Enters Into Definitive Agreement to Sell Global Hardware and Biologics Business Through a Structured Sale Process Under Chapter 11 of the U.S. Bankruptcy Code
DEERFIELD, Ill., June 20, 2023 (GLOBE NEWSWIRE) — Surgalign Holdings, Inc., (NASDAQ: SRGA) (“Surgalign” or the “Company”) a global medical technology company focused on elevating the standard of care by driving the evolution of digital health, today announced that the Company has entered into an asset purchase agreement (the “Asset Purchase Agreement”) to sell substantially […]
SMAIO Obtains €2.5m in Non-dilutive Financing
Lyon, June 29, 2023 – 6:00 pm CEST – SMAIO (Software, Machines and Adaptative Implants in Orthopaedics – Euronext Growth Paris ISIN: FR0014005I80 / Ticker: ALSMA), a French player specializing in transforming vertebral fusion with breakthrough innovation, today announced that it has obtained €2.5m in non-dilutive financing. A €1.0m loan from Bpifrance to integrate artificial […]
Synergy Spine Solutions Announces First Patient Enrolled in the Synergy Disc® 2-Level IDE Trial
LOUISVILLE, Colo., June 29, 2023 /PRNewswire/ — Synergy Spine Solutions Ltd, an innovative orthopaedic medical device developer focused on artificial cervical disc replacement, today announced it has enrolled the first patient in its U.S. IDE 2-Level clinical trial. Conducted under a U.S. Investigational Device Exemption (IDE), the 2-Level trial will evaluate the safety and effectiveness of the […]
Premia Spine Announces First TOPS™ System Surgery Following FDA Approval
NORWALK, CONNECTICUT (PRWEB) JUNE 29, 2023–Premia Spine, a medical technology company revolutionizing the treatment of chronic leg and back pain, today announced that the first surgical procedure using the TOPS™ System, a state-of-the-art motion preservation spinal device, has been successfully performed in the U.S., immediately following its approval by the Food and Drug Administration (FDA). “Spinal […]
Former Spine Sales Rep from Depuy Synthes Arrested for Defrauding Boston Hospital
A former DePuy Synthes (Johnson & Johnson) sales representative was indicted this week for allegedly defrauding a Boston-area hospital. He is accused of having falsely documented invoices sent to the hospital billing department claiming to have sold spinal products more expensive than they bought and in larger quantities. As a result, the hospital was substantially […]
Intrinsic Therapeutics Announces Results from Post Market Study Confirming Benefits of Barricaid® Annular Closure Implant
BOSTON, June 28, 2023 /PRNewswire/ — Intrinsic Therapeutics, Inc., a medical device company focused on preventing reherniation and reoperation following lumbar discectomy, today has announced the publication of results from a post-market study that the use of Barricaid in high-risk patients results in significantly fewer reherniations and reoperations when compared to patients treated with discectomy alone. The study, […]
Aurora Spine Announces Initial Patient Enrolled for DEXA-C Multicenter Study
Carlsbad, Calif, June 28, 2023 (GLOBE NEWSWIRE) — Aurora Spine Corporation (“Aurora Spine” or the “Company”) (TSXV:ASG) (OTCQB: ASAPF), a designer and manufacturer of innovative medical devices that improve spinal surgery outcomes, today announced that the first patient has been enrolled for its multicenter study of DEXA-CTM Cervical Interbody System. The commencement of the enrollment of […]
Augmedics raises $82.5 million to accelerate adoption of augmented reality spine surgery
CHICAGO – June 27, 2023 – Augmedics, a pioneer in augmented reality (AR) surgical navigation, today announced the successful close of an $82.5 million Series D financing. The round was led by Dallas-based CPMG and adds Evidity Health Capital as a syndicate partner, with participation from current investors H.I.G. Capital, Revival Healthcare Capital, Almeda Ventures […]
PathKeeper Surgical Commercializes Spine Navigation System with First U.S. Cases
KFAR SABA, Israel, June 27, 2023 /PRNewswire/ — PathKeeper Surgical, a privately-held, Israel-based, medical technology company, dedicated to improving the health of individuals around the world suffering from all spinal issues requiring surgery, while making navigation-guided surgery available to any patient in all operating rooms, announces the first commercial use of the PathKeeper, 3D optical navigation system in the United States. The […]
What have been the Acquisitions in the First Half of this Year?
One of the things about the Spine industry is its dynamism. We continually see new product and technology launches and competitors’ acquisitions and mergers. 2022 ended with the merger between Orthofix and Seaspine. 2023 began with the Globus acquisition of Nuvasive. What have been the acquisitions in the first half of this year? 1.- January […]
Genesys Spine Launches SIros O™ Transfixing SI Joint Fusion System
AUSTIN, Texas, June 26, 2023 /PRNewswire/ — Genesys Spine today announced the launch of the SIros O™ Oblique SI Fusion system. This is the third sacroiliac joint fusion system offered by Genesys Spine and provides physicians with expanded surgical options to address SI Joint pain. “We are thrilled to announce the launch of the SIros O Oblique […]
Zavation, a Gemspring Capital Portfolio Company, Acquires CoreLink
WESTPORT, Conn., June 26, 2023 /PRNewswire/ — Zavation Medical Products, LLC (“Zavation”), an innovative designer and manufacturer of spinal implant, interventional spine and biologics products and a portfolio company of Gemspring Capital (“Gemspring”), today announced that it has acquired CoreLink, LLC (“CoreLink”), a leading, vertically-integrated provider of spinal implant and instrumentation systems, from The Stephens Group, LLC. […]
AO and icotec ag Kick off joint development of a New Generation Pedicle System
The AO Foundation and icotec ag announce the successful agreement and kick off of their joint development of a new generation pedicle system optimized for conditions such as osteoporosis. This innovative system will feature optimized construct stiffness by utilizing icotec’s BlackArmor® Carbon/PEEK composite implant material and the design freedom of its proprietary manufacturing process injection moulding CFM. […]
How have the Leading Spine companies performed in this First Quarter of 2023?
The acquisition of Nuvasive by Globus Medical last February, has undoubtedly been the big news in the first quarter of 2023. This action will change market shares and leadership positions. Another fact to consider is the consequence of the merger of Orthofix with Seaspine, which places them among the top 5 in the world spine […]