Spinal Tech

PainTEQ, a spine fusion devicemaker, plans to use $35 million in non-dilutive growth capital to expand the commercialization of its implantable SI joint stabilization system.

Orthopedic medical device manufacturer Implanet has reported an operating revenue of $4.7 million for the first half of 2023, up 4 percent from the first quarter of 2022. 

Stryker launched its Q Guidance System with cranial guidance software, the devicemaker said July 11.

Orthopedic medical device developer Synergy Spine Solutions has enrolled the first patient in its 2-Level Investigational Device Exemption trial for the Synergy Disc artificial cervical disc, according to a June 29 news release.

CMS updated its Open Payments data June 30, including information on how much orthopedic and spine device companies paid to partnering physicians and institutions.

Here are two recently acquired spine and orthopedic companies that Becker's has reported on since June 23:

Augmedics closed $82.5 million in series D financing to support the growth of Xvision, the medtech company said June 27.

Genesys Spine launched the SIros O transfixing sacroiliac joint fusion system, the devicemaker said June 26.

Zavation Medical Products acquired CoreLink, according to a June 26 news release.

Medtronic named Greg Lewis to its board of directors, the devicemaker said June 26.