Healthcare data company Canary Medical received a $20 million venture loan facility from Horizon Technology Finance Corp. and Silicon Valley Bank that it will use to support growth initiatives.
Spinal Tech
From a multibillion dollar Stryker deal to Alphatec looking to strengthen its position in the spinal imaging sector, here are five recent device company acquisitions that cost at least $100 million:
Stryker on Jan. 5 acquired OrthoSensor, a digital orthopedic technology company focused on total joint replacements.
Smith+Nephew completed the acquisition of Integra LifeSciences' extremity orthopedics business for $240 million.
French device company Safe Orthopaedics on Jan. 4 unveiled its virtual operating room tool designed to ease workflows during spine surgery.
Advertisement
Stryker launched the next generation of its T7 helmet, a personal protection system designed for surgeons, according to a Jan. 4 news release.
From a new pain division entering the market to an orthopedic company expanding overseas, here are the latest device company notes:
TheraCell marked its first surgical case using its TheraFuze DBF Fiber Bullets, according to a Dec. 30 news release.
Tiger Shark, a 3D-printed titanium interbody designed by ChoiceSpine, has been implanted in more than 3,000 patients, according to a Dec. 31 news release.
Spinal implant manufacturer Omnia Medical recruited two Boston Scientific executives who will help launch a pain management division focusing on sacroiliac joint dysfunction.