Since acquiring Spinal Kinetics in May 2018, Orthofix has been focused on rolling out the M6-C cervical disc.
Spinal Tech
Jeff Dunn, president and CEO of SI-Bone broke down the company's performance during his second quarter conference call and outlined development plans for its expanding sales force.
SI-Bone posted a net loss of $8.7 million during the second quarter, a 175 percent increase from the same period last year.
A Wisconsin federal judge reduced the award granted to Acantha in its patent suit against DePuy Synthes from $8.2 million to $4.3 million.
Here are 10 key notes on spine and orthopedic device companies:
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Seven spine and orthopedic device companies have had leadership changes in the past month:
Private equity firm Metalmark Capital sold Collagen Matrix. Linden Capital Partners acquired the company Aug 1.
Minimally invasive spinal device company Vertos Medical found its next vice president of sales in Stephen E. Paul.
Nexxt Spine received FDA 510(k) clearance for its Nexxt Matrixx Stand Alone Cervical System.
Joimax partnered with Red One Medical to bring endoscopic spine surgery to veterans.