Spine merger scrapped, J&J’s Q1 earnings and more: 7 device company notes

A spine company’s $30 million investment and six more updates from spine and orthopedic device companies in the last week:

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1. Accelus, a minimally invasive spine device company, and CHP Merger Corp., a special purpose acquisition company, terminated a previously agreed-upon merger of the companies because of market conditions.

2. Seventeen spine devices received FDA approval in March. Read the full list here.

3. Carlsmed raised $30 million in series B funding to ramp up commercialization of its personalized spine implants.

4. SI-Bone’s iFuse Bedrock Granite spine implant received a CMS new technology add-on payment.

5. Johnson & Johnson saw first-quarter revenue rise 5 percent, with growth in its orthopedics sales.

6. AxioMed is progressing toward FDA approval for its viscoelastic for lumbar and cervical disc replacement.

7. ChoiceSpine launched its 3D-printed Harrier SA system for spinal fusion.

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