Spinal Tech

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

Titan Spine received five new patents from the U.S. Patent and Trademark Office relating to its Endoskeleton interbody devices.

A fund has been established by the federal budget plan that would pay for the repeal of the medical device excise tax, according to a Fort Wayne Journal Gazette report.

Akron, Ohio-based Intellirod Spine was awarded $1.6 million in debt financing from Ohio Third Frontier's Commercial Acceleration Loan Fund.

The Alfred Mann Foundation announced that U.S. Marine Staff Sergeant James Sides is the first recipient of its IMES System in an FDA study.

Carlyle Group, a private equity firm, has agreed to purchase Johnson & Johnson's ortho-clinical testing business for $4.15 billion, according to a Mass Device report.

Aurora Spine has completed its private placement of common shares.

Boston-based Tegra Medical has named J. Mark King, former chief operating officer, as its new chief executive officer, according to a report in the Providence Journal.

Phillips Precision Medicraft named Stan Janosz as its director of continuous improvement to head up corporate performance improvement programs.

CMS released its final decision memorandum for percutaneous image-guided lumbar decompression for spinal stenosis and will allow coverage with evidence development.