Globus Medical’s worldwide sales in the second quarter were $745.3 million, a year-over-year increase of 18.4%, according to financial results posted Aug. 7. Results were led primarily by Globus Medical’s U.S. spine business, which grew 5.7%, President and CEO Keith…
Spinal Tech
Ulrich Medical USA’s Cortium universal OCT spinal fixation system is now available in a full market launch, the medtech company said Aug. 7. Cortium is a posterior system designed for surgical stabilization and fixation of the occipital, cervical and thoracic…
SI-Bone saw worldwide and U.S. revenue grow in the second quarter, according to financial results posted Aug. 4. Five things to know: 1. Total revenue in the second quarter reached $48.6 million, an increase of 21.7% year over year. 2.…
Two spine implants earned CMS’ New Technology Add-On Payment in the last week. 1. Carlsmed’s aprevo implant earned the nod for use in cervical spine surgeries. Starting Oct. 1, cervical spine procedures done with aprevo will be eligible for additional…
Orthofix saw small gains in its second-quarter revenue, according to financial results shared Aug. 5. Six notes: 1. Net sales including M6 discs and pro forma net sales were $203.1 million, a 2.3% increase year over year. 2. U.S. spine…
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MiRus has earned New Technology Add-On Payment from CMS for its EUROPA Posterior Cervical System. The system is used for the treatment of the cervical and upper thoracic spine and is built around the company’s 2.9 mm MoRe rod, according…
Here are three recent spine and orthopedic technology acquisitions and transactions totaling nearly $200 million, as reported by Becker’s since July 14:
Carlsmed’s aprevo spine implant earned CMS’ New Technology Add-On Payment for cervical spine procedures, the company said Aug. 1. Starting Oct. 1, cervical spine procedures done with aprevo will be eligible for additional payment from CMS and private insurers. The…
Alphatec’s second quarter total revenue reached $186 million, an increase of 27.5% year over year, according to financial results posted July 31. Four things to know: 1. Surgical revenue in the second quarter was $168 million, a 29% increase year…
Demetra, an orthopedic medtech company, acquired OrthoFundamentals and launched a global spine division, according to an Aug. 1 news release. OrthoFundamentals develops implants and single-use instrument kits for sacroiliac joint fusions. With its acquisition Demetra is launching Demetra Spine. Demetra…