Medtech company SpineGuard has received notices of allowance from the United States Patent and Trademark Office for three new patents. The three recently allowed patent applications are part of a set of five patent families developed by Spine Guard to…
Spinal Tech
Orthopedic medtech company DePuy Synthes has entered into an exclusive distribution agreement with CGBIO for the development and commercialization of an advanced bone graft substitute. NOVOSIS is a growth-factor bone graft substitute designed to improve clinical outcomes, according to a…
Medtronic plans to acquire SPR Therapeutics in a $650 million deal, according to a May 20 news release. SPR Therapeutics focuses on percutaneous peripheral nerve stimulation for chronic pain management. Its Sprint PNS system is a short-term therapy to address…
Implant prices for total shoulder replacement surgery have plummeted more than 40% since 2010, but patients and surgeons have seen almost none of that savings, with hospitals capturing the benefit while physician reimbursements fell nearly as fast as the implant…
DeGen Medical is expanding its patient-specific spine platform, which is designed to offer a streamlined off-the-shelf workflow and devices for complex spine pathologies, according to a May 18 news release. The company’s implants are designed to match patient anatomy and…
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Medtech company PainTEQ has commercially launched TRAQ SI Joint Fusion, which is designed to engage the sacral and iliac cortices for bi-cortical fixation. The posterior SI joint implant is delivered through a tissue-sparring, 1-inch incision. By engaging the acral and…
Xtant Medical’s first quarter sales fell 36.5% following the sale of some of its assets to Companion Spine; however, full-year guidance was increased, according to financial results posted May 13. Quarterly sales were $20.9 million, down from $32.9 million in…
As more players enter the spine robotics market, Keith Pfeil, CEO of Globus Medical is confident alongside larger competition, according to a first-quarter earnings call. Globus Medical had a strong first quarter with net sales growing 27% year over year,…
Carlsmed’s aprevo lumbar fusion implant could see increased CMS reimbursement under if its proposed 2027 rule goes into effect, according to a first-quarter earnings call. Aprevo’s lumbar fusion already has strong hospital reimbursement, Carlsmed CEO Michael Cordonnier said in a…
Spinal Resources earned its second U.S. patent for its multidiameter spinal fixation rod, according to a May 7 news release. U.S. Patent No. 12,611,231 extends the protections secured by the company’s first patent. Together they cover the company’s proprietary multi-diameter,…