Spinal Tech

United Surgical Partners International's net income for the first quarter was $7.6 million, down 59.5% from the same time last year.

The Food and Drug Administration granted 35 orthopedic- and spine-focused 510(k) clearances in April.

Indiana device companies are looking for ways to absorb revenue reductions resulting from the 2.3 percent medical device excise tax since they will not be able to pass the costs on to hospital customers, according to the Indianapolis Business Journal.

Lewisville, Texas-based Orthofix International's gross profits dipped in the first quarter, down 17 percent from 2012's first quarter due to substantial declines in spine and orthopedic implant sales.

Farmingdale, N.Y.-based Misonix appointed Scott Ludecker as vice president of global sales and marketing.

Precision Spine has named Tony Dimun as special business development, merger and acquisitions adviser and a member of the company's board of directors.

Broomfield, Colo.-based Lanx spinal device company closed a $15 million Series C equity financing round.

At the Becker's Hospital Review Annual Meeting in Chicago May 11, Bill Munley, vice president of orthopedics and professional services at Greenville, S.C.-based Bon Secours St. Francis Health System, described a model for clinical and financial success with orthopedic service…

MAKO Surgical reported revenue of $24.8 million in the first quarter of 2013, a 26 percent increase over the same period last year.

Globus Medical, based in Audubon, Pa., has launched the FORTIFY I, an expandable corpectomy spacer with integrated screws for further stability in addition to supplemental fixation.