NuVasive, Integra LifeSciences, Orthofix & more — 15 key notes

Spinal Tech

Here are 15 key notes on spine and orthopedic device companies.

Benvenue Medical and Novation signed a group purchasing agreement for the Kiva VCF Treatment System.


 
BioMedical Enterprises launched the Speed Titan Nitinol Bone Fixation Implant.

 

ConforMIS announced a new generation of its iTotal CR total knee replacement system.

 

DePuy Synthes Companies signed an exclusive worldwide sales agreement with Radlink, a provider of advanced medical imaging technology.

 

Paris, France-based Implanet released the company's 2014 financial results, reporting strong revenue growth, increasing 28 percent, led by spine activity.


 
Integra LifeSciences filed an initial Form 10 Registration Statement with the SEC to spin off SeaSpine Holdings, a global technology company focused on spinal disorder treatment.

 

NuVasive CEO Alex Lukianov resigned from his post with the company and as a member of the company's board after an investigation found non-compliance with the company's expense reimbursement and personnel policies.

 

Orthofix stock gained 14.63 percent on April 1.

 

Orthofix secured options to acquire eNeura, a portable, non-invasive transcranial magnetic stimulation device for treating migraine headaches.

 

Orthofix also reported third quarter 2014 financial report — the net sales were $101 million, a 10 percent increase from the same period last year.

 

Stryker will soon announce plans to build a new plant in Ireland, leading to the creation of hundreds of new jobs.

 

Also, Stryker's spine division launched Tempus, a new anterior cervical plating system.


 
Symmetry Medical will close their plant in Avilla, Ind., by year's end, which employs 129 people.

 

The European Commission conditionally cleared Zimmer to acquire Biomet.

 

Additionally, Zimmer announced that its Vivacit-E Advanced Bearing Technology featuring Vitamin E maintained a wear rate reduction of 95 percent over 96 million cycles of in vitro wear testing.

 

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