Broomfield, Colo.-based Lanx launched its ALTA Stand-Alone ACDF System for anterior cervical spine fusion.
Spinal Tech
Raleigh, N.C.-based medical device company TranS1 acquired Baxano, a medical manufacturer of the iO-Flex system for spinal decompression surgery, for approximately $23.6 million.
Here are 12 recent news updates for orthopedic and spine device companies in the month of February.
Spine device company NuVasive posted a $2.7 million loss in the fourth quarter of 2012, an improvement from the same time frame in 2011 when the company lost $10 million.
The FDA granted clearance to ArthroCare's SpeedLock HIP Knotless Fixation implant.
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Pioneer Surgical Technology, based in Marquette, Mich., will open a new plant in Konstanz Germany. The company has created Pioneer Surgical Technology Deutzchland to service its growing German market.
Salt Lake City-based Amedica received a patent for its artificial disc implant that uses its proprietary Silicon Nitride ceramic material.
The Balma, France-based medical device company Vexim has acquired a system to mix and inject orthopedic cement for vertebroplasty procedures.
MAKO Surgical suffered a net loss of $5.7 million in the fourth quarter of 2012, and the company's revenue for the quarter declined 8 percent from $32.9 million in 2011 to $30.2 million in 2012 due to down device sales.
San Francisco-based SpineGuard has received approval from the Russian healthcare agency to market its PediGuard device in Russia.