Spinal Tech

TranS1, a Wilmington, N.C.-based company focused on producing solutions for minimally invasive spine surgery, recently received FDA 510(k) clearance for the AxiaLIF 1L+ product line, according to a company news release.

Aesculap Implant Systems, a B. Braun company, recently released the SecureSpan laminoplasty fixation system, according to at Bradenton report.

Biomedical Structures, a biomedical textiles provider, acquired Concordia Medical, a medical implant technology provider.

ReGen Biologics, a manufacturer of orthopedic implants, has declined the U.S. Food and Drug Administration's offer of a hearing before the agency formalizes its decision to rescind clearance of the company's Menaflex Collagen Meniscus implant, according to a company news…

Global-Med Technologies Group's board of directors has promoted Steve Bales from executive vice president to president and CEO of the company, according to a company news release.

FlexFix, a medical device company focused on orthopedic and spinal implants, has completed its acquisition of certain intellectual property assets from Novalign Orthopaedic, according to a company news release.

Zimmer Holdings has inked a contract worth more than $13 million with the Department of Defense for orthopedic implant products, according to a Department of Defense news release.

The CEO of Johnson & Johnson, parent company of DePuy Orthopaedics, faced a 9 percent decrease in his total compensation in 2010, according to a Journal Gazette news report.

Douglas Donofrio, a former sales director for device company Exactech, has pleaded guilty to running a kickback scheme which induced orthopedic surgeons to use the company's orthopedic implants from 2002-2008, according to a MassDevice news report.

Stephen MacMillan, CEO of Stryker, turned down a pay raise in 2010, keeping his total compensation at the same level since 2008, according to a Mass Device news report.