Spinal Tech

Novastep entered into a service agreement with Academy Medical.

JRI Orthopaedics completed its acquisition of Sheffield Medical Products, according to a HealthPointCapital report.

Amedica reported decreased revenue in the second quarter of 2016 as compared to the same period last year.

Medicrea entered into agreements to raise €20 million, or $22.35 million, and has appointed Richard Kienzle as chief commercial officer and business development officer.

Shelton, Conn.-based Spine Wave commercially launched its Velocity L Expandable Interbody Device and the XLR II Lateral Access System.

Based on an Ark Invest estimate, the 3D technology market will grow 40 percent over the next five years, according to MD+DI.

Broadview, Ill.-based Medline bought 51 acres of land in Auburndale, Fla., for a new medical supplies distribution center, according to The Daily Ridge.

Robotic technology continues to gain traction in the spine surgery field, allowing surgeons to pre-plan and customize procedures to fit an individual's anatomy. Guided with supreme accuracy, surgeons perform procedures with a robot's assistance to enhance outcomes.

Belgrade, Mont.-based Xtant Medical's second quarter revenue reached $21.46 million, according to Founders Daily.

The FDA updated its draft guidance addressing when manufacturers should submit a 510(k) application for modifications of medical devices in the market, according to Med Device Online.