K2M has made the news recently with a secondary offering of 750,000 shares, and selling shareholders will also sell 3.75 million shares. Average share price for company stock is around $24, meaning the company would raise $18 million.
Spinal Tech
SpineGuard reported revenue growth for the first half of 2015.
LDR appointed Alan Milinazzo to its board of directors as a Class I director, effective immediately.
K2M reported second quarter revenue increase in their preliminary report, but the estimated net loss for the quarter is expected to hit $6.5 million to $8.5 million.
Amedica responded to the FDA inquiries about the company's cervical composite silicon nitride interbody device and received feedback on wear testing for femoral head protocols.
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Medical device companies, including some of the biggest names in orthopedics and spine, are offering "guarantees" to attract hospital customers.
Safe Orthopaedics has released its Auto-Adjust pedicle screw designed to repair thoracic and lumbar spine fractures.
ConforMIS closed its initial public offering.
K2M launched six new products in Singapore and Hong Kong this past week.
Materialise expanded its partnership with Consensus Orthopedics to include the Materialise Acetabular Cup Orientation Hip Guide.