SpineGuard, J&J, Medtronic & more — 20 key notes

Written by Anuja Vaidya | July 17, 2015 | Print  |

Here are 20 key notes on orthopedic and spine device companies over the past week.

The Washington, D.C. private equity firm Arlington Capital Partners acquired Avalign Technologies, a Lake Forest, Ill.-based precision manufacturer of medical devices.

 

Bacterin released the preliminary second quarter financial results, showing total revenue is up for the quarter.


 
Flower Orthopedics' FlowerCube concept received CE Mark approval.


 
Histogenics, a regenerative medicine company focused on musculoskeletal products, appointed Dr. Gloria Matthews, DVM, PhD, chief medical officer.


 
Johnson & Johnson's orthopedics business reported $2.3 billion in sales for the second quarter.

 

K2M closed its share offering of common stock, which included 750,000 shares from the company and 3.75 million shares from selling stockholders.


 
K2M Director Carlos A. Ferrer sold 576,048 shares of the stock in a transaction on July 13.


 
Lucideon, an international materials technology company, recently added impingement tests to its orthopedic implant testing services.

 

M14Spine was featured by Crain's Detroit as one of the Most Innovative Companies.

 

Medtronic signed a definitive agreement to acquire Carlsbad, Calif.-based device company RF Surgical Systems for about $235 million.

 

Medtronic also awarded $1.1 million in Health Access grants to Minnesota-based non-profit organizations to expand healthcare services in underserved communities throughout the metropolitan area.


 
Mindray Medical International acquired remaining stake in Wuhan Dragonbio Surgical Implants, a China-based orthopedic and spine device company.

 

NuVasive named Pate Miles president and chief operating officer in addition to several other senior leadership positions.

 

NuVasive also appointed Jason Hannon as executive vice president, international.

 

NuVasive shares decreased by 1.1 percent this past week and dropped 6.44 percent in the last four weeks.


 
OrthAlign technology received the 2015 Frost & Sullivan Technology Innovation Award in orthopedic alignment.


 
Zacks downgraded Smith & Nephew from a "hold" rating to a "sell" rating.

 

SpineGuard and Zavation validated combined components for the DSG smart screw instrumentation, taking another step toward commercialization.

 

Tyber Medical acquired an exclusive licensing agreement for an antimicrobial surface coating technology.


 
Zyga Technology's SImmetry Sacroiliac Joint Fusion System with SImmetry Decorticator was featured in a special issue of Surgical Science.

 

More articles on devices:
GS Medical USA's sales revenue increases 10% in Q2: 5 key notes
Stryker moves to dismisses lawsuit involving Accolade hip replacement system — 4 quick facts
Mindray Medical acquires remaining Wuhan Dragonbio Surgical Implants stake — 5 things to know

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