Medical device company Aurora Spine has closed the private placement of its common shares and warrants to institutional investors for $6,508,139.40 Canadian dollars, or $5,075,166.22, the company said Sept. 20.
Spinal Tech
Mark Foster, president and CEO of Malvern, Pa.-based orthopedic device company Trice Medical, is joining Salt Lake City-based surgical technology company Xenocor as a member on its board of directors, the company said Sept. 20.
The CEO of SpineFrontier has described recent kickback charges against him and the company's CFO as "baseless," Boston Business Journal reported Sept. 17.
Leading spine and orthopedic device companies have served as a springboard for some executives' careers. Since Sept. 1, Becker's has reported on five moves from former executives from Stryker, Medtronic and more.
Spine implant maker CoreLink has surpassed 5,000 cases with its Entasis lateral sacroiliac joint fusion system, according to a Sept. 16 news release.
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A sales representative for Stryker's orthopedic products may be the next star of ABC's The Bachelor.
From Stryker's new orthopedic launch to the latest on Zimmer Biomet's spine and dental spinoff, here are five key updates from spine and orthopedic device companies in the last week:
Spinal Elements' Luna XD and Orbit systems were made fully available in a commercial launch, according to a Sept. 15 news release.
A federal court in New York denied Medtronic a preliminary injunction in its noncompete lawsuit against Joseph Walland, former CEO of Medicrea, a New York City-based spine company that Medtronic acquired in November 2020.
Augmedics named Raj Asarpota as executive vice president and CFO in a Sept. 15 announcement.