Here are nine key notes on major spine and orthopedic device companies.
Deerfield Management Company announced that it has provided Alphatec Spine with up to $50 million in financing, which will allow it to satisfy obligations arising from the OrthoTec litigation.
Aurora Spine announced the first surgical implant of its ZIP ULTRA Minimally Invasive Interspinous Fusion Implant in Poland.
Baxano Surgical named Tim Shannon CFO and Matt Pickens vice president of marketing and reimbursement, effective March 14.
Biomet announced that it will invest $50 million building renovations and new equipment in its Warsaw, Ind., facility.
Vista, Calif.-based DJO Global appointed Susan Crawford CFO.
GS Medical USA, a manufacturer and global supplier of spinal implants, instrumentation and developer of surgical solutions, announced a number of changes in its executive leadership team, which include SK Hong being named vice president of operations for the company's U.S. business and leader of GSM's International Sales; Mark Cohen being named vice president of sales for the U.S.; and Joseph Jin being named interim executive vice president.
K2M filed with the U.S. Securities and Exchange Commission for an initial public offering of up to $100 million.
London, England-based Smith & Nephew and Austin-based ArthroCare have received early termination of the waiting period mandated by antitrust law, satisfying one of the requirements for Smith & Nephew's acquisition of ArthroCare.
Tesa Medical announced the issuance of a U.S. patent that covers GraftGrab — a device designed to aid surgeons performing anterior cruciate ligament reconstruction.
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