Baxano, Medtronic, Amedica & more — 18 key notes

Spinal Tech

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

Frederick A. Pennings, MD, joined the AccelSPINE Medical Advisory Board.

 

Amedica priced a firm commitment underwritten public offering — the company gave a public price of $1.14 per unit for more than 11.4 million units.

 

Baxano Surgical filed for Chapter 11 bankruptcy protection.

 

Bone Therapeutics is collaborating with Kasios for two years to develop a new spinal fusion product.

 

Exactech's Equinoxe Shoulder System reached its 10-year milestone.


 
Integra LifeSciences launched two new spine products recently — Integra Expandable Interbody System and Demineralized Bone Matrix Strip.

 

Medtronic continues to move toward finalizing the Covidien acquisition, one of the largest of the year in the medical device space, and it is selling around $10 billion in bonds to finance the acquisition before the year's end.

 

Also, Medtronic's second quarter financial report showed a 5 percent increase in worldwide revenue as the company prepares to finalize the Covidien acquisition.


 
The Musculoskeletal Transplant Foundation received a patent related to allogeneic tissue grafts that contain a population of viable, endogenous tissue-forming cells.

 

OrthoGrid Systems released the HipGrid for anterior and posterior approach total hip replacement.


 
OrthoTrophix completed the dose-finding portion of phase 2 clinical study of TPX-100, its cartilage repair therapeutic agent, in subjects with osteoarthritis of the knee.


 
Oxford Performance Materials has received a $150,000 grant from the National Institutes of Health to study and improve artificial hips, knees and other implanted devices-related infection treatment.


 
Marina del Rey, Calif.-based SpineDriver revealed their battery-powered surgical driver at the NASS annual meeting last week.

 

Vivex Biomedical acquired assets and agreements of the University of Miami's Tissue Bank.

 

4WEB Medical announced that its surgeon customers have now implanted more than 3,000 of its 3D-printed orthopedic truss implants.  

 

Zimmer extended the deadline for the European Commission to review its acquisition of Biomet to provide the commission with additional information.

 

Also, Zimmer Spine's Virage OCT Spinal Fixation System is one of the 2014 winners of the Life Science Alley New Technology Showcase.


 
The first commercialized implantation of Glyder Facet Restoration Device from Zyga Technology took place recently in Germany.

More articles on devices:

Investor notes: 6 spine device company updates
Yale student scoliosis brace tracking device startup gets $100k
Vivex Biomedical acquires University of Miami Tissue Bank assets

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