Spinal Tech

  OMNIlife science announced the closing of a $27.5 million debt financing, being provided by affiliates of Deerfield Management Company.

The U.S. market for pain management devices is estimated to reach a value of nearly $2.7 billion by 2022, according to a recent report by Decision Resources Group.

Baxano Surgical, announced that it has received U.S. Food and Drug Administration 510(k) clearance for its Avance MIS Pedicle Screw System.

Here are nine key notes on major spine and orthopedic device companies.

The Food and Drug Administration granted 20 spine-related devices in March.

  St. Jude Medical announced that its Protégé spinal cord stimulator has received pre-market approval from the U.S. Food and Drug Administration, according to a NASDAQ report.

  Bioventus announced that the next generation of its EXOGEN Ultrasound Bone Healing System is now available in Canada.

Rotation Medical announced that it has received 510(k) clearance from the U.S. Food and Drug Administration for its implantable collagen scaffold technology.

DePuy Synthes Power Tools announced the global launch of the Anspach EG1 High Speed Electric System.

Integra LifeSciences announced the appointment of Mark Augusti as corporate vice president as well as president of orthopedics and tissue technologies.