X-spine, a Miamisburg, Ohio-based global spine implant manufacturer, recently received FDA clearance on the AXLE interspinous fusion system, according to a company news release.
Spinal Tech
Synthes and Norian Corp., a Synthes subsidiary, formally pleaded guilty to charges that the company illegally tested spinal bone cement on patients without FDA approval and will pay $23.2 million in fines, according to a Philadelphia Inquirer report.
SpinalVu, the Sarasota, Fla.-based spinal device company, has begun production on the X-Wave cervical interbody system and X-Wave lumbar interbody system, according to a Global-Med Technologies Group news release.
BioMedGPS, a provider of real-time online business intelligence and decision-making tools, recently introduced the second model of its SmartTRAK online system, the SmartTRAK Spine, according to a company news release.
SI-BONE, a San Jose, Calif.-based medical device company, has received the CE mark for its iFuse Implant System, according to a Science 2.0 report.
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Amedica/US Spine, a Salt Lake City-based spine and reconstructive implant and instrument manufacturer, recently completed a distribution and licensing agreement with the Memphis-based BioDlogics to distribute the company's biologic products, according to an Amedica/US Spine news release.
Here are 12 recent orthopedic and spine device company financial reports.
Medtronic reported total revenues for the second quarter of the 2011 fiscal year at $3.903 billion, a 2 percent increase from the second quarter of 2010, according to a company news release.
Turning Point has announced the launch of the Turning Point 4.0, a core training machine developed in collaboration with University of Toledo bioengineers, athletic trainers, physical therapists and sports physicians.
Medtronic has received FDA 510(k) clearance for the Multi-Lead Trialing Cable for use in the patient screening test for the spinal cord stimulation therapy, according to the report.