Spinal Tech

From financial reports to product launches, here are five key updates from spine devicemakers since Feb. 19.

The first cases with Life Spine's ARx SAI spinal fixation system were completed, the medtech company said Feb. 26.

Centinel Spine signed a senior secured loan agreement with SLR Capital Partners for $60 million, according to a Feb. 26 news release.

Zimmer Biomet is updating its board of directors, naming a new chair and lead independent director, according to a Feb. 26 news release.

Orthofix is discontinuing its M6-C and M6-L total disc replacement devices as part of its strategic focus on spinal and deformity correction, the company said Feb. 25.

Orthofix reported gains in its fourth quarter and full year sales but saw net losses, according to financial results posted Feb. 25.

Globus Medical plans to acquire Nevro Corp, and the $250 million deal aims to tap into another market space in spinal technology, according to a Feb. 20 earnings call.

Globus Medical saw a strong 2024 with multiple new product launches and more innovation is on the way, President and CEO Dan Scavilla said in a Feb. 20 earnings call.

Globus Medical saw fourth quarter net sales grow 6.6% year over year, and full year sales leapt 60.6%, according to financial results posted Feb. 20.

Medtronic launched the CD Horizon ModuLeX spinal system for deformity surgery, the devicemaker said Feb. 19.