NuVasive, Globus Medical, K2M & more — 18 key notes

Spinal Tech

Here are 18 key notes on major spine and orthopedic device companies.

Alphatec Holdings reported second quarter financial results for Alphatec Spine, which includes consolidated net revenues reaching $53.2 million.


 
Amedica reported 51 percent silicon nitride ceramic products revenue increase for the second quarter of 2014 as the company moves to grow over the next six months.

 

Bacterin reported clinical trail results using OsteoSponge SC to treat medial shoulder lesions of the talus, and the results showed that patients reported significant pain and disability improvements after two years.

 

Also, Bacterin is offering up common stock.


 
Baxano Surgical received two additional patents for the VEO Direct Lateral and AxiaLIF Minimally Invasive Interbody Fusion systems.


 
ConforMIS announced favorable results from two in vivo clinical studies comparing the motion patterns of patients with ConforMIS iTotal versus off-the-shelf knee implants.

 

The first reverse shoulder arthroplasty using DJO Surgical's e-plus blended vitamin E polyethylene bearing technology was recently performed.

 

Globus Medical reported second quarter financial results, with worldwide sales up 6.1 percent over the same period last year.


 
K2M reported second quarter financial results, with revenue up 18.4 percent over the same period last year.


 
Integra LifeSciences reported second quarter financial results — total revenue reached $231.4 million for the second quarter, a 12.6 percent increase over the same period last year.


 
LDR reported total revenue increased in the second quarter of 2014, up over the same period last year.

 

At the end of July, NuVasive reported a better-than-expected second quarter for 2014, reaching $190.7 million and is on par to report $745 million for full year revenue this year.

 

Orthocell raised $8 million in an oversubscribed IPO.


 
Orthofix delayed its second quarter financial report release to spend additional time evaluating items related to entries in the previous restatement of the first quarter's financial results, but the company does expect net sales to reach $101.3 million.


 
SANUWAVE Health signed a strategic agreement with Premier Shockwave to manage Premier's OssaTron devices.


 
SpineFrontier appointed John Miller as vice president of sales.

 

Symmetry Surgical entered into a definitive agreement to sell its OEM Solutions business to Tecomet and concurrently transfer Symmetry Medical shareholders' ownership into a new company holding the Symmetry Surgical business.

 

Wright Medical Group reported second quarter losses at $24 million, or $0.48 per share.

More Articles on Devices:

Amedica's 2Q financial report: 5 key takeways
University of New Mexico names Dr. Anthony Yeung 2014 Distinguished Alumni Award
LDR 2Q revenue up 30.7%, new strategic investments revealed: 11 things to know

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