With the rising popularity of outpatient procedures and further innovation in orthopedics, the specialty is becoming a more attractive investment opportunity for private equity firms.
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Discgenics treated the first patients in its clinical trial of intervertebral disc tissue for mild to moderate degenerative disc disease in Japan, reports Biospectrum Asia.
Gateway Regional Medical Center in Granite City, Ill., established a new orthopedic spine program, reports Advantage News.
Here are four spine and orthopedic company transactions in the past month.
In the second quarter of 2019, Xtant Medical reported a net loss of $1.9 million, a 62 percent decrease year-over-year.
Andreas Gomoll, MD, implanted Cartiheal's Agili-C in two patients in an investigational device exemption study at Hospital for Special Surgery in New York City.
Fabien Bitan, MD, a spine surgery chief at Lenox Hill Hospital in New York City, successfully performed an M6 artificial cervical disc replacement surgery on a 29-year-old woman.
Since acquiring Spinal Kinetics in May 2018, Orthofix has been focused on rolling out the M6-C cervical disc.
The Los Angeles Kings and Keck Medicine of USC are preparing to open a 50,000-square-foot outpatient training and sports medicine facility, the Los Angeles Times reports.
Ashutosh Pradhan, MD, is the chief of neurosurgery at Ascension St. Vincent's Riverside, a 528-bed hospital based in Jacksonville, Fla.