Stryker, Smith & Nephew, K2M & more: 18 key notes

Spinal Tech

Here are 18 key notes on orthopedic and spine device companies over the past week.

Stryker acquired Stanmore Implants from SIW Holdings.

 

Smith & Nephew's revenue was up 4 percent in the first quarter of 2016 to $1.1 billion, compared to the same period last year.

 

Wright Medical's net sales totaled $181 million during the first quarter ending March 27, 2016.

 

K2M's total revenue for the first quarter of 2016 reached $56.3 million, an increase of 11.7 percent year-over-year.

 

Xtant Medical's first quarter 2016 revenues hit $21 million, a 3 percent decrease from the same period in 2015.

 

Anika Therapeutics' total revenue for the quarter grew 44 percent to $22.3 million.

 

Medtronic named Karen L. Parkhill executive vice president and CFO.

 

Amedica reduced total debt obligations by 47 percent to $12.9 million.

 

Private equity firm Kohlberg & Company acquired majority ownership of Amendia.

 

First Ray received FDA clearance for its Stealth Staple System.

 

Juan Torres-Reveron, MD, of Miami Valley Hospital in Dayton, Ohio, performed the nation's first spine surgery using Medtech's ROSA Spine.

 

More than 1,100 surgeons have used San Jose, Calif.-based SI-BONE's iFuse Implant System in more than 20,000 procedures globally since 2009.

 

Spinal Simplicity closed a financing round with an investment from Nueterra Capital.

 

Bone Therapeutics completed recruitment for its Phase IIA spinal fusion study.

 

Osiris Therapeutics completed its clinical study on the effectiveness of Grafix versus EpiFix, and found that the proportion of complete wound closure was 63 percent for the Grafix group and 18.2 percent for the EpiFix group.

 

joimax celebrated its 15th anniversary.

 

Exactech celebrated the 20th anniversary of its Nasdaq listing.

 

Mercy Hospital in Miami installed a Mazor Robotics' Renaissance Guidance System for spine surgery.

 

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