Spinal Tech

MiMedx Group announced it signed a global distribution agreement with Systagenix.

The United States bracing and support market was valued at more than $2 billion in 2012 and is expected to reach nearly $2.5 billion by 2018, according to an iData Research report.

Demand for implantable medical devices in the United States is projected to increase 7.7 percent annually to $52 billion in 2015, according to a new Freedonia report.

Ascendx Spine announced it received FDA 510(k) clearance for its Acu-Cut Vertebral Augmentation System for treating vertebral compression fractures.

Smith & Nephew has sued Triad Group of Hartland for $3.2 million in lost inventory after both companies voluntarily recalled their alcohol wipes and swabs in January 2011, according to a Milwaukee Journal Sentinel report.

Exactech announced that the Deferred Prosecution Agreement, effective since in December 2010, has expired.

DFINE, a San Jose, Calif.-based medical device company, announced the first patient was treated successfully with its Spinal Tumor Ablation with Radiofrequency System.

Sanuwave Health reported $802,572 in revenue for 2011, a 10 percent increase over 2010.

Internal Fixation Systems announced the launch of its Large Cannulated Screw System and Temporary External Fixator System.

Allen Schlein, MD, an orthopedic surgeon who designed a cushioned seat for patients who are undergoing shoulder operations was granted $2 million in damages from the device company that cut off his royalties, according to a San Francisco Chronicle report.