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Spine

Carlsmed launches IPO roadshow

July 15, 2025 By Sean Whooley

Carlsmed announced today that it launched its initial public offering with the start of an IPO roadshow. The Carlsbad, California–based company launched the offering of 6.7 million shares of common stock. Underwriters have a 30-day option to purchase up to 1.005 million additional shares of common stock as well. The company expects its IPO price […]

Filed Under: Artificial Intelligence (AI), Business/Financial News, Featured, Funding Roundup, Health Technology, Implants, Initial Public Offering (IPO), Machine Learning (ML), Orthopedic Implants, Orthopedics, Spine, Wall Street Beat Tagged With: Carlsmed

Highridge Medical plans lumbar disc launch with activL licensing deal

July 8, 2025 By Jim Hammerand

Highridge Medical said it has licensed the U.S. rights of activL to launch its own activL lumbar disc. The spine tech developer said it is commencing production “imminently” to launch the product later this year. “As a pioneer in the cervical disc replacement industry with its market-leading Mobi-C cervical disc approved for one- and two-level […]

Filed Under: Business/Financial News, Implants, News Well, Orthopedics, Spine Tagged With: aesculap, B. Braun, H.I.G. Capital, Highridge Medical

Carlsmed is going the IPO route

June 26, 2025 By Sean Whooley

Carlsmed announced today that filed a registration statement with the SEC relating to a proposed initial public offering (IPO). The Carlsbad, California–based company has yet to determine the number of shares and price range for the proposed offering. It applied to list its common stock on the Nasdaq global select market under the “CARL” ticker. Carlsmed’s […]

Filed Under: Artificial Intelligence (AI), Business/Financial News, Featured, Funding Roundup, Health Technology, Implants, Initial Public Offering (IPO), Orthopedic Implants, Orthopedics, Spine, Wall Street Beat Tagged With: Carlsmed

Judge backs Medicare coverage for Lifeward Personal Exoskeleton

June 25, 2025 By Sean Whooley

Lifeward (Nasdaq:LFWD) announced that an Administrative Law Judge ruled in favor of Medicare coverage for its exoskeleton technology. The ALJ ruled in favor of an appeal by a Medicare beneficiary. This ruling states that the ReWalk Personal Exoskeleton shall be covered and reimbursed by Medicare as a “reasonable and necessary” medical device that enables walking […]

Filed Under: Business/Financial News, Funding Roundup, Medicare, Neurological, Prosthetics, Robotic-Assisted, Spine Tagged With: Lifeward, ReWalk Robotics

Life Spine sues ex-CEO alleging misconduct, trade secret misappropriation

June 24, 2025 By Sean Whooley

Life Spine announced today that it filed a lawsuit in an Illinois circuit court against its former CEO, Michael Butler. The orthopedic implant maker filed the lawsuit in the Circuit Court of Cook County, Illinois. In the suit, it alleges that Butler wrongly diverted hundreds of thousands of dollars from the company. Life Spine claims […]

Filed Under: Business/Financial News, Legal News, Orthopedic Implants, Orthopedics, Spine Tagged With: Life Spine, Life Spine Inc.

Highridge Medical sells EBI bone healing division to focus on spine

June 4, 2025 By Jim Hammerand

Highridge Medical says it has sold its EBI bone healing division to private equity firm Avista Healthcare Partners. The deal allows Highridge Medical to focus on spine tech as a pure-play company, CEO Rebecca Whitney said in an exclusive interview ahead of the deal’s announcement. “We’re really excited about where we’re headed,” she said. “We’ve […]

Filed Under: Featured, Mergers & Acquisitions, News Well, Spine Tagged With: Avista Capital Partners, Avista Healthcare Partners, EBI, H.I.G. Capital, Highridge Medical, Personnel Moves, private equity

Former Nevro CEO joins Zimmer Biomet as group president

May 27, 2025 By Sean Whooley

Zimmer Biomet announced today that it appointed Kevin Thornal as group president, global businesses and the Americas. Thornal will report to President and CEO Ivan Tornos and join the company on July 1, 2025. His responsibilities include overseeing the Americas commercial organization. He also leads business strategy and execution for global Knee, Hip, S.E.T. and […]

Filed Under: Business/Financial News, Featured, Orthopedic Implants, Orthopedics, Spine Tagged With: Personnel Moves, Zimmer Biomet

Analysts downgrade Globus Medical on fears of ‘foundational cracks’

May 27, 2025 By Sean Whooley

BTIG analysts have downgraded Globus Medical (NYSE:GMED) from “Buy” to “Neutral” amid fears surrounding the company’s Spine business. Ryan Zimmerman and Iseult McMahon of BTIG wrote that the company’s first-quarter performance “caught many by surprise.” The company’s quarterly results earlier this month led to a dip in stock after it reported softness in Enabling Technologies, […]

Filed Under: Business/Financial News, Featured, Implants, Orthopedic Implants, Orthopedics, Robotic-Assisted, Spine, Surgical, Surgical Robotics, Wall Street Beat Tagged With: Globus, Globus Medical

Medtronic has new Cardiovascular, CST leaders after longtime exec departs

May 22, 2025 By Sean Whooley

Medtronic  announced some personnel moves, including the departure of a longtime leader across multiple business units. The company first shared the news of the shifts atop certain business units in its fourth-quarter earnings report yesterday. Sean Salmon, who spent more than two decades at Medtronic, is departing. The medtech giant said in its most recent […]

Filed Under: Business/Financial News, Cardiovascular, Featured, Neurological, Orthopedics, Spine Tagged With: Medtronic, Personnel Moves

Stryker wins FDA clearance for nerve ablation system

May 19, 2025 By Sean Whooley

Stryker announced today that it received FDA 510(k) clearance for its OptaBlate basivertebral nerve ablation system (OptaBlate BVN). Portage, Michigan–based Stryker designed OptaBlate BVN for a targeted minimally invasive procedure. It aims to provide long-lasting vertebrogenic pain relief. Stryker says adding OptaBlate BVN to its pain portfolio expands its advanced pain therapy solutions for patients. […]

Filed Under: 510(k), Featured, Food & Drug Administration (FDA), Orthopedics, Radiosurgery/Radiation therapy, Regulatory/Compliance, Spine Tagged With: FDA, Stryker

Longtime Medtronic leader is the new Lifeward CEO

May 19, 2025 By Sean Whooley

Personal exoskeleton maker Lifeward (Nasdaq:LFWD) announced today that it appointed Mark Grant as its new president and CEO. Grant’s appointment goes into effect on June 2, 2025. Larry Jasinski, who earlier this year announced his intent to retire, will serve as co-CEO in an advisory capacity until the end of June to assist with the […]

Filed Under: Business/Financial News, Featured, Orthopedics, Prosthetics, Robotic-Assisted, Spine Tagged With: Lifeward, Personnel Moves, ReWalk Robotics

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