A spine company's $30 million investment and six more updates from spine and orthopedic device companies in the last week:
1. Accelus, a minimally invasive spine device company, and CHP Merger Corp., a special purpose acquisition company, terminated a previously agreed-upon merger of the companies because of market conditions.
2. Seventeen spine devices received FDA approval in March. Read the full list here.
3. Carlsmed raised $30 million in series B funding to ramp up commercialization of its personalized spine implants.
4. SI-Bone's iFuse Bedrock Granite spine implant received a CMS new technology add-on payment.
5. Johnson & Johnson saw first-quarter revenue rise 5 percent, with growth in its orthopedics sales.
6. AxioMed is progressing toward FDA approval for its viscoelastic for lumbar and cervical disc replacement.
7. ChoiceSpine launched its 3D-printed Harrier SA system for spinal fusion.