NuVasive reported financial results for the second quarter of 2016, ended on June 30. The financial report is inclusive of results from Ellipse Technologies and Mega Surgical, as both of those acquisitions were completed in the first quarter 2016.
Spinal Tech
DeGen Medical received FDA clearance for its F1 MPS Modular Pedicle Screw System used in the JOUST Minimally Invasive Surgery procedure.
Audubon, Pa.-based Globus Medical will acquire Carlsbad, Calif.-based Alphatec Holdings' international device business.
Cohera Medical, a Raleigh, N.C.-based developer of absorbable surgical adhesives and sealants, named Paul Thomas, MBA, to its board of directors.
The FDA released guidance on unique device identifiers for tracking medical devices, according to The Hill.
Ketchum, Idaho-based St. Luke's Wood River Medical Center is the first in the state to offer robotic-guided spine surgery, according to KMVT 11.
Technological advancements and the rise in minimally invasive surgery cases will spur the spine biologics market growth.
Here are eight devices that were recently launched or released.
Intellirod Spine has secured more than $1 million in additional equity financing from new and existing investors.
Medtronic invested in Mazor and the robotic spine technology’s new product, Mazor X. However, the robot is still expensive for providers in a value-based world. In a Seeking Alpha report, Avinash Menon discusses the shift toward features-based pricing.
