Smith & Nephew, LDR, Amedica & More — 17 Key Notes

Spinal Tech

 

Here are 17 key notes on major spine and orthopedic device companies.

Orchid broke ground on a new 28,400-square-foot manufacturing site in Pune, India.

 

InVivo Therapeutics named Steven McAllister CFO and marked its 25th anniversary in June 2014.

 

MicroPort Orthopedics, a China-based orthopedic implant company, plans to invest $100 million over the next five years in product design and manufacturing.

 

Spine device company LDR Executive Vice President, CFO Robert McNamara sold 40,000 shares of LDR stock on Monday.

 

Benvenue Medical completed a $64 million round of financing.

 

Expanding Orthopedics received a Chinese patent for its XPED System — an expandable pedicle screw and related instrumentation system.

 

Medtronic has agreed to acquire Covidien in a cash-and-stock transaction valued at a total of approximately $42.9 billion.

 

Integra LifeSciences's orthopedics and tissue technologies group signed a three-year group purchasing contract with Premier, a healthcare improvement company.

 

Zyga Technology enrolled the first patient in its study to evaluate fusion and pain reduction following use of the SImmetry Sacroiliac Joint Fusion System.

 

Spine device company K2M closed on their initial public offering earlier this year and the IPO's underwriters exercised their option to purchase 1 million shares of common stock from the selling stakeholders at a price of $15 per share before underwriting discounts.

 

joimax celebrated 10 years successful years on the market with the TESSYS minimally invasive surgical technique.

 

Kinamed has received regulatory clearance from the Japanese Ministry of Health, Labour and Welfare for Kinamed's SuperCable Polymer Cerclage System.

 

Orthocell, a biotherapeutic technology company, launched an initial public offering.

 

Medicrea announced that a surgeon in Lyon, France performed the world's first spinal fusion surgery using customized spine cages created with a 3-D printer — its UNiD ALIF customized cages.

 

Amedica will cease distribution of amniotic derived allograft products under a distribution agreement with a third party supplier.

 

Spinal Kinetics, a privately held spine device company, completed a $34 million private financing round.

 

Smith & Nephew recently completed their acquisition of ArthroCare.

 

More Articles on Devices:

5 Key Results: LDR's Mobi-C Artificial Disc Replacement vs. ACDF
FDA Clears AccelSPINE's Next Generation Minimally Invasive Spine System
Global Medical Device Market to Grow at 6.2% Annually Until 2018

 

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