Spinal Tech

Medical device company Medtronic's third quarter fiscal year 2013 net earnings increased by 5.7 percent over the same period in 2012 to $988 million, due in part to growth in cardiac and restorative therapies technology.

The U.S. market for minimally invasive spine technologies is expected to grow to $2 billion by 2017, according to the Millennium Research Group.

Researchers have discovered a bioactive film that improves the bonding quality of PEEK spine and surgical devices, according to North Carolina State University.

Oxford Performance Materials has received FDA 510(k) clearance for its OsteoFab Patient Specific Cranial Device.

Richard Kube II, MD, performed the first procedure using the coflex Interlaminar Implant in Illinois, as well as the first two level coflex implant, both at the Southern Illinois Surgery Center in Marion, according to The Daily Republican.

Arthrocare's fourth quarter 2012 revenue jumped nearly 4.9 percent from the same period a year ago with total revenue of $96.9 million compared to $92.4 million in 2011.

The first three U.S. unicondylar knee replacement surgeries performed with the NavioPFS system took place at Community Regional Medical Center in Fresno, Calif.

ApiFix received CE Mark for its adolescent idiopathic scoliosis treatment system, and have seen positive results from the pilot clinical trial.

Here are five recent financial reports from spine device companies or the spine business lines from orthopedics-focused device companies.

Fast Company named Mazor Robotics the fourth most innovative company in the robotics industry in its "Most Innovative Companies 2013" issue.