Spine devicemaker Spineart raised $22.5 million in convertible financing shortly after finishing enrollment for its cervical disc replacement trial.

Spine devicemaker Carlsmed raised $52.5M in series C funding and will use the money to develop patient-specific cervical implants, the company said March 18.

Lucas Vitale joined Orthofix as chief people and business operations officer, the company said March 18.

Bioretec earned the FDA's breakthrough device designation for its RemeOs spinal interbody cage, the company said March 14.

Here are five key updates from spine and orthopedic devicemakers since March 6.

Surgeons at London-based Cromwell Hospital became the first in the country to use tech company Apple's Vision Pro headset during a spinal operation.

The largest commercial payer in Washington implemented coverage for Centinel Spine's Prodisc L implant, the devicemaker said March 12.

L&K Spine Inc. proudly announces a groundbreaking milestone in the field of spine surgery: the 1,200th successful implantation of PathLoc-TM, PLIF/TLIF Expandable Cage in US as of January 2024. This achievement marks a significant advancement in spine surgery and underscores our commitment to improving patient outcomes through innovative products.

The artificial disc replacement market is expected to grow at a compound annual growth rate of 12.3% between 2023 and 2030, according to Vantage Market Research.

Xtant Medical had its credit facility with MidCap Financial raised from $8 million to $17 million, according to a March 7 news release.

Becker's reported on three product recalls from spine and orthopedic medtech companies so far in 2024.

Medtronic launched the UNiD ePro service in the U.S., the company said March 6.

OrthoPediatrics has announced a revenue of $148.7 million in 2023, up 22% from the year prior. 

Here are five key developments from spine devicemakers since Feb. 28.

Orthofix's fourth quarter sales grew 64%, and its full year revenue rose 62%, according to financial results posted March 5. 

Two spine companies launched public offerings since Feb. 26.

Alphatec CFO John Koning sold 121,601 shares of company stock on March 1, according to SEC documents. 

OrthoPediatrics has launched a new system, the Response rib and pelvic fixation system, to treat children with early onset scoliosis. 

Orthopedic and spine tech manufacturer Medtronic has been named among the world's most ethical companies by for-profit ethical standards company the Ethisphere Institute.

CEOWorld Magazine released its latest list of "World's Most Influential CEOs and Business Executives," and three orthopedic devicemaker leaders are on it.