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.
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