Stryker plans to invest approximately $400 million in U.K.-based CMR Surgical, a global robotics company, as part of a strategic alliance to expand access to robotic-assisted surgery. The agreement gives Stryker an exclusive option to acquire 100% of CMR Surgical’s…
Spinal Tech
Spine device maker Orthofix Medical has paid about $24 million to three former executives following legal disputes over their 2023 terminations, according to an Oct. 12 CFO Dive report. The payments stem from breach of contract claims filed by former…
Providence Medical Technology has received FDA 510(k) clearance for its CORUS Posterior Cervical Stabilization System 3D-T, a 3D-printed titanium implant designed to support posterior cervical fusion. The device is indicated to stabilize spinal segments in patients with cervical degenerative disc…
Fargo, N.D.-based Sharp Biomedical, a spinal medtech company, has closed a pre-seed funding round. Sharp Biomedical will use the funding for the development and testing pathway necessary to bring its first purpose-built spinal toolset and implant system to market, according…
From navigation platforms to a motion-preserving cervical disc, here are 24 spine devices and technologies that earned FDA clearance or approval in 2026, as reported by Becker’s.
New York-based Elliquence named Bill Pfost CEO. Mr. Pfost brings more than 30 years of experience in the spine industry to the role, according to an Oct. 8 news release. He most recently served as chief revenue officer of Companion…
SurGenTec has entered into an exclusive licensing agreement for Allevion Medical’s Vantage spinal decompression technology. The agreement gives SurGenTec exclusive rights to Vantage, a disposable, sterile system designed for minimally invasive procedures to treat lumbar spinal stenosis, according to an…
Medtech company MRI2CT has received FDA 510(k) clearance for NextMR, an AI platform that creates 3D bone visualization of the lumbar spine and sacrum from a patient’s standard diagnostic MRI, according to an Oct. 7 news release. The clearance moves…
Saluda Medical made its Cap24 surgical paddle lead commercially available across the U.S., giving neurosurgeons and orthopedic spine surgeons who implant paddle leads access to closed-loop spinal cord stimulation. Saluda Medical announced the full commercial rollout following FDA approval of…
VB Spine named Thomas Oglesby CFO, effective Sept. 16. Mr. Oglesby joined VB Spine from Zimmer Biomet, where he served as vice president of finance for the company’s Sports, Extremities and Trauma global business unit, according to an Oct. 6…
