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Spinal Tech

The global shoulder replacement market is forecasted to reach $1.06 billion in 2016 after a compound annual growth rate of nine percent over the next five years, according to a GlobalData news release.

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Amedica Corp., based in Salt Lake City, has announced it has acquired US Spine, based in Boca Raton, Fla., according to an Amedica news release.

Minnetonka, Minn.-based Dgimed Orthopedics is looking to raise $2 million from the sale of equity and warrants of a nail and drill system, according to a Med City News report.

DePuy Orthopaedics has voluntarily recalled the ASR XL Acetabular System and DePuy ASR Hip Resurfacing System used in hip replacement surgery due to the number of patients who required a revision surgery, according to a DePuy news release.

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