Device Companies — 7 Key Notes — Medtronic, Biomet, NuVasive & More

Spinal Tech

Here are seven key notes on major spine and orthopedic device companies.

1. Biomet reported its net income at $31.1 million for the first quarter of 2014, despite spine sales coming in 6.6 percent lower than the same period last year.

2. Biomet will acquire Lanx, a minimally invasive spine technology company and developer of the Timberline Lateral Approach Fusion System and the Aspen Minimally Invasive Fusion System.

3. MiMedx Group entered into a distribution agreement with Medtronic and SpinalGraft Technologies, a subsidiary of Medtronic.

4. Since 2004, DJO Global has raised more than $1 million for the Marine Corps Scholarship Foundation.

5. Medtronic received CE Mark for its new Compact CORNERSTONE-SR Alliance cervical cage and has initiated the European product launch.

6. San Diego-based NuVasive has launched its XLIF Decade Plate in the U.S.

7. SpineGuard plans to launch two new PediGuard products this week: XS Classic PediGuard and XS Curved PediGuard.

More Articles on Devices:
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19 Spine Devices Get FDA 510(k) Clearance in September
Spine Wave Implements iTraycer for Implants

 

 

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