Medtronic, InVivo Therapeutics, LDR & more — 10 key notes

Spinal Tech

Here are 10 key notes on orthopedic and spine device companies over the past week.

TheraCell appointed spine surgeon Gunnar Andersson, MD, PhD, as the director of the company and member of the surgeon advisory board.

 

China-based Weigao Orthopaedic Device now offers a spinal stabilization system called "Tulip" for semi-rigid rods made from PEEK-OPTIMA to bridge the gap between rigid and dynamic systems.

 

Orchid opened a new 28,400-square-foot site in Pune on April 1.

 

Orthopedic device company OrthoSpace completed financing led by HealthpointCapital to facilitate continued market adoption, clinical study programs and entry into the emerging markets.

 

Medtronic's fourth quarter preliminary exceeds expected growth, with worldwide revenue at around $7.3 billion, up 7 percent over the same period last year.

 

InVivo Therapeutics named Goodman Campbell Brain and Spine in Indiana the next site for the ongoing Neuro-Spinal Scaffold spinal cord injury trial.

 

The FDA cleared new sizes for the Implanet JAZZ rod sizes to include 3.5 mm, 4 mm, 4.5 mm and 6 mm.

 

LDR COO James Burrows sold 1,268 shares last week in a $49,252 transaction.

 

The Utah Innovation Award in Life Sciences—Medical Device category went to CoNextions Medical, co-founded by Erik Kubiak, MD.

 

Biologic Therapies received an FDA clearance for the Bio-MAC and Bio-CORE Bone Marrow Cannulas.

 

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