AUSTIN, Texas, Feb. 17, 2016 (GLOBE NEWSWIRE) — LDR Holding Corporation (NASDAQ:LDRH), a global medical device company focused on designing and commercializing novel and proprietary surgical technologies for the treatment of patients suffering from spine disorders, today reported its financial results for the fourth quarter and fiscal year ended December 31, 2015. Fourth Quarter and Fiscal […]
NEWS
ulrich medical USA® Announces Strong Financial Performance of U.S. Spine Business
ST. LOUIS, Feb. 17, 2016 /PRNewswire/ — ulrich medical USA Inc., a medical device company focused on developing and commercializing musculoskeletal implant technologies in the United States, today reported a fifth consecutive year of profitable, double-digit growth for the U.S. spine business and a 20% top line growth for the year ending December 31, 2015. Equally […]
Hospital Corporation of America (HCA) Awards National Vendor Contract to SpineGuard
PARIS & SAN FRANCISCO–(BUSINESS WIRE)–SpineGuard (FR0011464452 – ALSGD), an innovative company that develops and markets disposable medical devices designed to make spine surgery safer, today announced that it has been awarded a national vendor contract with the HCA network of hospital systems. The HCA network includes over 167 hospitals and 113 free-standing surgery centers in […]
Titan Spine Continues Substantial Growth with 51% Sales Increase in 2015
MEQUON, Wis.–(BUSINESS WIRE)–Titan Spine, a medical device surface technology company focused on developing innovative spinal interbody fusion implants, today announced the Company continues to achieve substantial growth, with a 51% increase in sales of its Endoskeleton® interbody fusion devices in 2015 compared to the previous year. The Company has also reported over $33.5 million in […]
Single-use Spinal Products? A Succesful Trend?
Single-use or disposable instruments, kits and products are not new to the medical and biopharma markets but they are already in the Spinal Business. This technology will likely succeed as result of cost reduction demands by hospitals and healthcare reimbursement agencies and insurance companies. In 2010 Safe Orthopaedics, a French medical technology company was founded and soon started to market the Single-use […]
All Alphatec Spine needs is Time!
Alphatec Holdings (NASDAQ:ATEC), is a perfect example of a high reward, high risk investment opportunity. There is a ton of debt on the balance sheet, that needs to get refinanced in the next 3-4 months, and the company is still unprofitable on an EPS basis. However, the company is very close to being at breakeven […]
Safe Orthopaedics: 2015 revenue: +23% to €2.5 million
SAFE ORTHOPAEDICS (Paris:SAFOR) (Euronext: FR0012452746 – SAFOR), a company developing and marketing an innovative range of sterile implants combined with their single-use surgical instruments, presents its business update for the year to December 31, 2015. Yves Vignancour, Chief Executive Officer of Safe Orthopaedics, says: “The fact that we exceeded our guidance of 2,200 surgical procedures, […]
RTI Surgical® Announces Agreement with Oxford Performance Materials
ALACHUA, Fla.–(BUSINESS WIRE)–RTI Surgical® Inc. (RTI) (Nasdaq: RTIX), a leading global surgical implant company, announced a new agreement with Oxford Performance Materials, Inc. (OPM), a pioneer in advanced materials and additive manufacturing (3-D printing) for biomedical applications. The agreement, effective Feb. 4, 2016, grants RTI an exclusive license to OPM’s OsteoFab® technology platform for spinal […]
Wenzel Spine, Inc. Announces FDA Clearance to Launch VariLift
AUSTIN, Texas–(BUSINESS WIRE)–Wenzel Spine, Inc., a pioneer medical device company focused on providing minimally invasive, stand-alone alternatives to traditional spinal fusion, announced today that it received clearance from the U.S. Food and Drug Administration (FDA) to market VariLift®-LX as an interbody fusion device for stand-alone use in the lumbar spine. VariLift®-LX represents the next generation […]
SI-BONE, Inc. Announces Two Economic Publications Showing iFuse Implant System is Cost Effective and Saves Money
SAN JOSE, Calif., Feb. 11, 2016 /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 the publication of two economic studies showing the cost benefits of MIS SI joint […]
Implanet announces the appointment of Brian T. Ennis to head its US subsidiary
Bordeaux, Boston, 8 February 2016 – IMPLANET (Euronext: IMPL, FR0010458729, PEA-PME eligible), a medical technology company specializing in vertebral and knee-surgery implants, announces the appointment of Brian T. Ennis as President of Implanet America. As such, he will head Implanet America and his objective will be to optimize its organisational structure in order to accelerate the […]
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LDR Announces Publication of Five-Year Results of Cost Utility Analysis of Mobi-C Cervical Disc
AUSTIN, Texas, Feb. 09, 2016 (GLOBE NEWSWIRE) — LDR Holding Corporation (Nasdaq:LDRH), a global medical device company focused on designing and commercializing novel and proprietary surgical technologies for the treatment of patients suffering from spine disorders, today announced that NEUROSURGERY® has published a peer-reviewed article that evaluated the cost-effectiveness of two-level cervical Total Disc Replacement […]
Amedica Regains Compliance With Nasdaq Listing Requirements and Announces Capitalization Improvements
SALT LAKE CITY, Feb. 09, 2016 (GLOBE NEWSWIRE) — Amedica Corporation (Nasdaq:AMDA), a company that develops and commercializes silicon nitride ceramics as a biomaterial platform, is pleased to announce that it has regained compliance with Nasdaq’s minimum bid price requirement. On February 8, 2016, the Company received a letter from the Nasdaq Listing Qualifications department […]
VGI Medical Announces 1st Implantation of the VerteLP® Lateral Lumbar Cage with Bi-Cortical Fixation
ST. PETERSBURG, FL (PRWEB) FEBRUARY 08, 2016–VGI Medical, a privately held medical device company offering innovative spinal implants, announces that it has successfully implanted the 1st patent pending VerteLP Lateral Lumber Cage. VerteLP represents the latest of lateral lumbar fusion, featuring enhanced bi-cortical plating technology to facilitate simplified cage insertion, and integrated fixation all through […]
Congratulations to The SPINE GROUP on reaching 11,000 LinkedIn members
Congratulations, The SPINE Group, on topping 11000 members in this awesomegroup. Since 2008, The SPINE Group has been supporting the Spine Industry providing relationships, discussions, events and information .Thank you for your partnership and we encourage others to keep joining! About The SPINE Group This group is for all the people involved in the SPINAL business willing to receive fresh […]
Bone Therapeutics and Kasios develop 3D bioprinted structures
Bone Therapeutics, a Belgian biotech company specializing cell therapy for bone fracture repair, alongside French bone substitute specalist Kasios, are now working to develop a kind of ‘waffle’—one that is 3D bioprinted, and could be used to significantly improve next-generation bone disease therapy.This biotech collaboration will see Bone Therapeutics combine its proprietary ALLOB osteoblastic cell […]
Lateral Lumbar Interbody Fusion Market in the US 2016-2020
Last week, Technavio announced the launch of report focused on the LLIF market (minimally invasive surgery recommended for treating lumbar spinal disorders such as spondylolisthesis, lumbar degenerative disc disease, scoliosis, and recurrent lumbar disc herniation). According to Technavio’s analysts forecast the lateral lumbar interbody fusion market in the US to grow at a CAGR of 7.05% […]
Surgical Robots for the Spine Market Worth $2.77 Billon by 2022: Radiant Insights, Inc.
SAN FRANCISCO, CA–(Marketwired – Feb 3, 2016) – Back conditions can result in instability and compression of the spinal nerves, causing back pain and/or radiating pain in the legs. Robotic procedures offer significant cost savings in terms of pre- and post-operation care costs and length of stay at hospitals. Technological advances and breakthroughs leverage new […]
Amendia Inc. Launches the OmegaLIF™ Expandable Interbody Cage
MARIETTA, GA (PRWEB) FEBRUARY 02, 2016–Amendia, Inc. (http://www.amendia.com), a leading provider of balanced, innovative medical device solutions for the spine industry, announces today the launch of the OmegaLIF™ (ΩLIF™) expandable lumbar interbody device, an expandable interbody cage especially designed for use in intervertebral body spinal fusion procedures. The OmegaLIF™ was created to provide a solution […]
MEDTECH Announces Two New ROSA Sales in the U.S.
MONTPELLIER, France, Feb. 02, 2016 (GLOBE NEWSWIRE) — MEDTECH (Euronext, FR0010892950 – ROSA), a company specialized in designing, developing and marketing innovative surgical assistance robots, is pleased to announce continued commercial expansion with two new sales of its ROSA™ Brain robot in the U.S., to Brigham and Women’s Hospital and the University of Colorado Medical […]
Exactech Australia Becomes Exactech Subsidiary and Ninth Direct Operation
GAINESVILLE, Fla.–(BUSINESS WIRE)–Exactech, Inc. (Nasdaq: EXAC), a developer and producer of bone and joint restoration products for extremities, knee, hip, spine and biologics, announced today the acquisition of its independent distribution partner, Exactech Australia Pty Ltd, effective Feb 1, 2016. The purchase included all the stock and assets of Exactech Australia, a Sydney-based importer and […]
EOI Announces Dr. Jonathan Lewin is First to Implant the FLXfit™ 3D Expandable Cage in New Jersey
OR AKIVA, Israel, February 1, 2016 /PRNewswire/ — Expanding Orthopedics Inc. (EOI), a privately held medical device company focused on developing and commercializing innovative expandable devices for spine surgery, is excited to announce that Dr. Jonathan Lewin of North Shore Forest Hills Hospital in New York is the first surgeon in New Jersey to adopt the […]
45 Dynamic stabilization Devices to know
Dynamic stabilization products include interspinous process spacers, pedicle screw systems with semirigid rods and facet replacement technologies (Learn about the most relevant in :www.spinemarketnews.com/dynamic).No dynamic stabilization devices have received approval from the U.S. Food and Drug Administration (FDA) for use other than as an adjunct to spinal fusion. The FDA has specified that separate approval is required for […]
How Medical Device Companies Can Strategically Sell to Customers
(January 2016 Medical Device Business )- Economic pressures on the health system have been mounting for years, pushed by demographics, shrinking reimbursements, increasingly expensive therapies, and, ultimately, payer consolidation and reforms. Hospitals are the fulcrum and the pinch point for these pressures. Medtech companies no longer can afford to focus on clinical benefits without seeking other avenues […]
Globus Medical Announces Litigation Settlement Agreement
AUDUBON, Pa., Jan. 19, 2016 (GLOBE NEWSWIRE) — Globus Medical, Inc. (NYSE:GMED), a leading musculoskeletal implant manufacturer, today announced DePuy Synthes Products, Inc., DePuy Synthes Sales, Inc. and Globus Medical, Inc. have settled four patent infringement lawsuits concerning spinal implant technologies. The terms of the settlement have not been disclosed but were to the parties’ […]
Spine Surgery: A Tale of Greed and Corruption
All too often, where there’s substantial money to be made, greed and corruption inevitably follow. Such appears to be the case in the world of spine surgery, with the Department of Justice recently releasing the latest details regarding “Operation Spinal Cap,” an ongoing federal investigation into an alleged series of kickback schemes that generated an estimated […]