AxioMed closed its first round of funding, with its anticipated second round already securing $10 million in pledges.
Spinal Tech
Mazor Robotics received 22 system purchase orders in the second quarter, including 19 for the Mazor X system; Medtronic made 11 of those purchases. The company deepened its relationship with Medtronic over the quarter and expects revenue to continue growing.
K2M expects to report a 6 percent increase in third quarter revenue, totaling $62.7 million, lower than expected.
Here are 13 key notes on orthopedic and spine device companies from the past week.
Surgeons have performed more than 17,000 total knee replacements using OMNIlife sciences' OMNIBotics system.
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The global vertebral compression fracture devices market is slated to grow at a 5.7 percent compound annual growth rate through 2022, based on an Allied Market Research report, according to medGadget.
NuVasive hosted its 2nd Annual Spine Summit, bringing healthcare leaders and professional athletes to discuss the future of spine care.
Nottingham Trent University in England is using 3-D printed vertebrae as a part of pre-surgical training, according to 3dprint.com.
ProMedica Toledo (Ohio) Hospital implemented Synaptive Medical's BrightMatter technology.
The FDA cleared 4WEB Medical's Anterior Spine Truss System for various line extensions as well as new indications.