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AxioMed closed its first round of funding, with its anticipated second round already securing $10 million in pledges.
Mazor Robotics received 22 system purchase orders in the second quarter, including 19 for the Mazor X system; Medtronic made 11 of those purchases. The company deepened its relationship with Medtronic over the quarter and expects revenue to continue growing.
K2M expects to report a 6 percent increase in third quarter revenue, totaling $62.7 million, lower than expected.
Here are 13 key notes on orthopedic and spine device companies from the past week.
Surgeons have performed more than 17,000 total knee replacements using OMNIlife sciences' OMNIBotics system.
The global vertebral compression fracture devices market is slated to grow at a 5.7 percent compound annual growth rate through 2022, based on an Allied Market Research report, according to medGadget.
NuVasive hosted its 2nd Annual Spine Summit, bringing healthcare leaders and professional athletes to discuss the future of spine care.
Nottingham Trent University in England is using 3-D printed vertebrae as a part of pre-surgical training, according to 3dprint.com.
ProMedica Toledo (Ohio) Hospital implemented Synaptive Medical's BrightMatter technology.
The FDA cleared 4WEB Medical's Anterior Spine Truss System for various line extensions as well as new indications.
ChoiceSpine received FDA approval for Hawkeye Ti, a 3-D printed, titanium vertebral body replacement devices.
Stryker Canada broke ground on its new headquarters located in Flamborough, Canada, according to the Guelph Mercury Tribune.
Centinel Spine entered into an asset purchase agreement to acquire the ProDisc Total Disc Replacement portfolio from DePuy Synthes and expects to close the purchase in November. The company is acquiring the entire platform of ProDisc technologies, including the Discover, ProDisc-C, ProDisc-L, ProDisc-C Vivo, ProDisc-C Nova and ProDisc-Oblique.
K2M President and CEO Eric Major was elected chairman of the K2M board of directors, effective immediately.
Ortho Regenerative Technology appointed Tom Wright to its board of directors.
CartiHeal started its investigational device exemption study for Agili-C, an implant for cartilage and osteochondral defects.
A recent study found patient specific rods developed using Medicrea's UNiD ASI technology reduce the incidence of postoperative rod breakage in adult complex spine surgical cages, according to Market Insider.
OrthoPediatrics launched its initial public offering of 4 million shares of common stock.
William Hunter, MD, a neurosurgeon at The Spine Clinic at Neuroscience and Spine Center of the Carolinas, discusses transforaminal lumbar interbody fusions and how NuVasive's MAS TLIF 2, TLX, Reline and iGA platforms coupled with the NuvaMap have advanced the procedure.
Zimmer Biomet launched the Avenue T TLIF Cage in the U.S.
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