Aurora Spine earned another U.S. patent for its Dexa technology for spine implants, the company said Feb. 5.
Spinal Tech
Two spine medtech companies earned multimillion financing rounds from investors in January.
InVivo Therapeutics, which focuses on spinal cord injury implants, filed for Chapter 11 bankruptcy, according to a voluntary petition filed Feb. 1 in U.S. Bankruptcy Court for the District of Delaware.
Aurora Spine, a leader in minimally invasive spine technology, has been led by CEO Trent Northcutt since its inception in 2012.
Medical device company Centinel Spine saw a revenue of $70 million in Prodisc total disc replacement sales in 2023, a 55% growth from the year prior.
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Synergy Spine Solutions, which focuses on cervical disc replacement devices, closed $30 million in series A financing.
Kevin Hykes stepped down as president and CEO of Augmedics, the company said Jan. 31.
Stryker on Jan. 30 posted fourth quarter and full year revenue gains in 2023.
SI-Bone earned FDA 510(k) clearance of the iFuse Bedrock Granite implant system in a smaller diameter, according to a Jan. 30 news release.
In 2016, businessman and billionaire investor Elon Musk launched Neuralink, a controversial brain implant startup that could have an impact on spine and neurology patients.