NuVasive (NSDQ:NUVA) shares are down today despite fourth-quarter results that easily topped the consensus forecast and revealed more than double the profits compared to the same time last year. The San Diego-based spine technology company posted profits of $29.9 million, or 55¢ per share, on sales of $310.4 million for the three months ended Dec. 31, […]
Smith & Nephew stock up as 2019 revenue hits top of range
Smith & Nephew (NYSE:SNN) today saw its stock price rise more than 7% after reporting 2019 results that met or beat the consensus forecast. The London-based orthopedics and wound care giant saw improved underlying revenue growth of 4.4% in 2019 — at the top end of its guidance — boosting annual sales past the $5 billion […]
DePuy Synthes and Orthofix settle customer-poaching lawsuit
Johnson & Johnson (NYSE:JNJ) unit DePuy Synthes has settled its lawsuit over alleged customer-poaching against Orthofix (NSDQ:OFIX) and a pair of former DePuy sales reps for an undisclosed amount. The confidential settlement comes nearly 11 months after DePuy filed suit in the U.S. District Court for Eastern Texas, alleging that its rival lured the reps and two […]
In2Bones launches single-use delivery system for radial head replacement surgery
In2Bones announced today that it began the U.S. launch for its Avenger radial head prosthesis system for primary and revision joint replacement of the radial head. The Memphis, Tenn.–based company’s new prosthesis is designed to restore elbow joint function and offer other advantages for both surgeons and patients when compared to the current prosthetic systems […]
FDA approves Orthofix’s mobile app for bone growth stimulators
Orthofix Medical (NSDQ:OFIX) announced today that it won FDA approval for its STIM onTrack mobile app version 2.1 for use with its bone growth stimulators. STIM onTrack is designed to work with Orthofix’s bone growth therapy devices as an accessory to help users adhere to prescriptions and improve clinical out comes. It is supposed to augment […]
InVivo Therapeutics stock down after reverse stock split
InVivo Therapeutics’ (NSDQ:NVIV) recently announced 1-for-30 reverse stock split went into effect last night, and shares have taken a hit today as a result. NVIV was down -10.2% at $6.95 per share in midday trading today. Cambridge, Mass.–based spinal cord injury treatment developer initially announced the common stock split earlier this month, sharing that every 30 […]
Medicrea wins FDA clearance for patient-matched spinal interbody cages
Medicrea (EPA:ALMED) announced today that it won FDA clearance for its UNiD IB3D patient-matched interbody cages to complete its UNiD adaptive spine intelligence (ASI) platform technology. The UNiD IB3D interbody cages are 3D-printed titanium implants designed to customize cage dimensions, features and endplate morphology. Medicrea touts this level of customization as the first of its kind […]
GreenBone Ortho wins CE Mark for bone graft made of transformed wood
GreenBone Ortho announced that it received CE Mark approval for its bone substitute product that could serve as an alternative to traditional bone grafts. The Faenza, Italy–based company’s bone substitute is designed to limit the surgical and postoperative complications related to bone defects that are either created surgically or have resulted from traumatic injuries to […]
FDA clears Life Spine Plateau Ti system
Life Spine announced that it won FDA 510(k) clearance for its steerable Plateau Ti system for surface treatment for potential bone growth. Plateau Ti is a titanium interbody system designed to provide an optimal environment for bone growth in both transforaminal lumbar interbody fusion (TLIF) and posterior lumbar interbody fusion (PLIF). It is used to […]
Onkos Surgical launches bone scaffolding technology
Onkos Surgical recently launched its GenVie Magnesium Bone Scaffold. The GenVie is a magnesium-based bone void filler with osteoconductive and high compression strength attributes to promote bone repair and regeneration. It is designed for surgically created osseous defects or osseous defects created from traumatic injury to the bone. “We are excited about the launch of […]
In2Bones wins FDA clearance for Quantum total ankle
In2Bones announced today that it won FDA 510(k) clearance for its Quantum Total Ankle system to replace ankles in patients with arthritis. The Quantum Total Ankle’s creators designed it to improve mobility, increase stability and technologically advance implant placement based on patient-specific anatomy, according to a news release. The implant features a dual radius of […]
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