Medtronic, Paradigm Spine, Zimmer Biomet & more: 9 device company notes

Spinal Tech

Here are nine key notes from orthopedic and spine device companies in the past week.

AmeriHealth Caritas now exclusively covers Paradigm Spine's coflex interlaminar stabilization device for lumbar spinal stenosis treatment.

The now-defunct Ranier Technology sold spinal implants that allegedly moved and eroded in patients.

The Medicrea Group completed a $30 million senior notes issue wholly subscribed by Perceptive Advisors, a multi-strategy healthcare investment firm.

The first clinical human case using Viseon's Voyant System for Minimally Invasive Spine Surgery was completed.

OrthoPediatrics released its Pediloc Femur Plate System, the newest installment of the pediatric orthopedic device company's Pediloc franchise.

Last week, Medtronic acquired Nutrino Health, a company that provides data services, analytics and technologies.

Zimmer Biomet recalled the EBI Osteogen Implantable Bone Growth Stimulator, SpF PLUS-Mini Implantable Fusion Stimulator and SpF-XL Implantable Spinal Fusion Stimulator due to "lack of adequate validation and controls to ensure that final products were clean and free from bacteria and chemical residue," according to the FDA.

One of the first surgeries was completed with Integra LifeSciences Holdings’ Integra XT Revision Total Ankle Replacement System.

Medtronic reported flat spine sales for the second quarter of the 2019 fiascal year, with revenue hitting $656 million.

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