Here are seven key notes on major spine and orthopedic device companies. LDR Holding announced its proposal for an IPO, and last week the company revealed its plans to raise $75 million by offering 5 million shares for $14 to $16 each.
Mazor Robotics filed a draft prospectus with the U.S. Securities and Exchange Commission for an offering of American Depository Shares on the Nasdaq to raise $46 million.
The Corporate Director Forum named Jack Blair, a NuVasive board member, as Director of the Year for Corporate Governance.
Vivex Biomedical, a biomedical startup focusing on implant technologies and stem cell therapies, raised $7.4 million to use for its technology for spinal fusion and other applications.
Alphatec Spine's parent company, Alphatec Holdings, will begin restructuring the business operations of its French affiliate, Scient'x, through reducing the workforce by 76 positions and the operating expenditures by $2 million to $6 million.
Trinity Orthopedics, the San Diego-based developer of spine technology, acquired Expanding Concepts' patent portfolio to allow the company to offer more expandable interbody technology for spine.
Leesburg, Va.-based K2M entered the spinal device market in France when the first surgeon used its MESA Deformity Spinal System at a hospital in Lyon, France.
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