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Spinal Tech

Austin, Texas-based Minimus Spine has received $1 million in financing from 19 investors, according to Biz Journals.

Zimmer is suing its supplier for moving production out of Switzerland, which could cost the orthopedic medical device maker millions in lost sales, according to the Fort Wayne Journal Gazette.

Medical device maker ulrich has released its neon Occipito-Cervico-Thoracic System, a spinal implant system for the surgical stabilization and fixation of the posterior regions, according to TMD.

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Orthopedic device developer Bioventus will invest $5 million into a new office and manufacturing space in Memphis, Tenn., and will create 44 jobs, according to Area Development.

A recent study showed a novel expandable spino-thoracic fixation device can bring significant improvements to children with type 3 osteogenesis imperfecta and thoracic insufficiency syndrome, according to Medical Xpress.

Orthopedic device maker Stryker has planned to layoff 5 percent of its global workforce by the end of 2012, and efforts are on track for completion, according to Michigan Live.

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