InVivo Therapeutics, Cambridge, Mass.-based spine device company, reported a net loss of $1.3 million during the second quarter of 2011, according to a company news release.
Spinal Tech
The Food and Drug Administration granted 46 orthopedic- and spine-related 510(k) device clearances in July, according to an FDA report.
TranS1, a Wilmington, N.C.-based spine device company, reported total revenue of $5.2 million during the second quarter of 2011, a nearly $2 million decrease from the same time last year, according to a company news release.
Smith & Nephew reported $1 billion in revenues during the second quarter of 2011, a 9 percent increase over the same period last year, according to a company news release.
Allen Medical System will now give providers a 10 percent discount with the purchase of five Allen Transfer System boards, according to a company report.
MedShape Solutions, an Atlanta-based orthopedic device company, has received FDA 510(k) clearance for its DynaNail Intramedullary Ankle Fusion Nail, according to a company news release.
Integra LifeSciences, a Plainsboro, N.J.-based orthopedic device company, has launched its Zuma-C Anterior Cervical Fixation System on the global market, according to a company news release.
MAKO Surgical reported second quarter revenue of $18.6 million, an 81 percent increase over the second quarter of 2010, according to a company news release.
Physicians at OrthoCarolina in Charlotte, N.C, are treating Dupuytren's contracture patients with Xiaflex, a new injection for treating the patients, according to a South Charlotte Weekly report.
Several of the large orthopedic device companies experienced nearly a three dollar decrease in stock prices between opening on Tuesday, Aug. 2 through Tuesday, Aug. 9.
