10 Recent News Updates for Spine & Orthopedic Device Companies

Spinal Tech

Here are 10 recent news updates for spine and orthopedic device companies.

 

Wilmington, N.C.-based TranS1, which recently acquired medical device manufacturer Baxano, moved its headquarters to Raleigh and now operates under the name Baxano Surgical.

Orthofix realigned its business to now be separated into BioStim — which includes spine fixation, biologics, international extremity fixation and extremity fixation — and Spinal Fixation in the United States.

Globus Medical launched its LATIS minimally invasive lumbar interbody fusion spacer to treat degenerative disc disease.

SpineGuard received a patent for its "smart screw" concept where the PediGuard sensor is implanted on the tip of a pedicle screw.

A Delaware jury handed down a $16 million favorable judgment to Johnson & Johnson's DePuy-Synthes in its patent infringement suit against Globus Medical for infringing on three J&J patents for spinal implants.

Medtronic's ReDuX Plier instrument for osteotomies received a CE Mark and was launched in Europe.

NuVasive had to raise its litigation royalty expense estimate for the year from $11 million to $16 million after a U.S. District Court set royalty rates for the company's CoRoent XL implants at 13.75 percent and MaXcess retractors at 8.25 percent.

Marquette, Mich.-based Pioneer Surgical Technology launched its Streamline minimally invasive spinal fixation system.

More than 200 Biomet workers in the United Kingdom will be laid off as the orthopedic device supplier relocates its Swindon business to Bridgend, Wales.

Warsaw, Ind.-based Zimmer acquired NORMED Medizin-Technik GmbH, a German-based foot and ankle and hand and wrist product developer, for an undisclosed amount of money.

More Articles on Devices:
Mexico Grants SpineGuard Clearance to Sell Cannulated PediGuard Device
Osimplant's ARIA PLIF Device Available Globally
Mazor Robotics Receives First Renaissance Follow-Up Order

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