NuVasive (NSDQ:NUVA) said today it won FDA 510(k) clearance for Cohere porous PEEK implants that are part of its Extreme Lateral Interbody Fusion surgical spinal procedures. The San Diego-based company touted that its porous PEEK technology offers both three-dimensional architecture and the radiolucent properties of PEEK, which it claims provides “increased clarity in postoperative x-rays and […]
NuVasive posts mixed bag Q3
NuVasive (NSDQ:NUVA) today released third quarter earnings that beat Wall Street expectations for revenue but missed on earnings per share consensus. The San Diego-based company posted profits of $15.9 million, or 56¢ per share, on sales of $271.3 million for the three months ended September 30, seeing profits shrink 52.5% while sales grew 9.8% compared with […]
NuVasive taps Medtronic surgical innovation prez Barry as new CEO | Personnel Moves – October 19, 2018
NuVasive (NSDQ:NUVA) said today it named Medtronic (NYSE:MDT) surgical innovations prez J. Barry as its new CEO, replacing Gregory Lucier, effective November 5. Barry will also join the company’s board of directors, where Lucier will continue to serve as board chair and aid in transition efforts, the San Diego-based company said. NuVasive also said that it promoted current strategy, […]
NuVasive inks spinal tech IP licensing deal with Biedermann Tech
NuVasive (NSDQ:NUVA) said this week it inked a strategic partnership deal with spinal and extremity surgery tech company Biedermann Technologies. Through the deal, NuVasive was granted license to Donaueschingen, Germany-based Biedermann Tech’s spinal technology platform intellectual property. San Diego-based NuVasive said that it will integrate Biedermann’s proprietary screw technology into its Reline portfolio. The combined tech system is expected […]
NASS 2018: Robotic platforms take center stage
Here’s a roundup from the North American Spine Society’s annual meeting in Los Angeles Medtech companies in the spinal market are rushing to join the robotic revolution, with Medtronic (NYSE:MDT) and Globus Medical (NYSE:GMED) leading the pack, according to a Leerink Partner analyst’s note from the North American Spine Society’s 2018 annual meeting. In a letter to […]
NuVasive launches expanded biologics in US
NuVasive (NSDQ:NUVA) said today it launched three new products as part of its biologics portfolio, including its Traditional Bone Allograft, Amniotic Membrate DS and Propel DBM. The San Diego-based company’s Traditional Bone Allograft includes cancellous chips, demineralized cancellous chips, cortical cancellous chips and cancellous crushed, which the company claims the has osteoconductive properties intended to provide […]
Report: Amazon adds MGH cardiologist Majmudar | Personnel Moves – August 21, 2018
Amazon (NSDQ:AMZN) has picked up well-known cardiologist Dr. Maulik Majmudar for a new role within the company as it looks to continue its foray into healthcare, according to a recent CNBC report. The announcement was made by Majmudar himself on Twitter, according to the report, though he did not state what his specific role within the […]
NuVasive, Siemens ink spinal surgery joint dev deal
NuVasive (NSDQ:NUVA) said yesterday it inked a strategic partnership deal with Siemens (NYSE:SI) Healthineers looking to develop and advance technology designed for minimally invasive spinal surgery. Through the deal, dubbed the Spine Precision Partnership, the companies will look to jointly advance their proprietary technologies, looking to improve operating room workflow efficiency and the delivery of minimally disruptive spinal […]
NuVasive posts street-beating Q2
Updated to correct revenues to $281.6 million and indicate that the company beat Wall Street expectations for sales. Shares in NuVasive (NSDQ:NUVA) have stayed stable in after-hours trading after the medical device maker beat earnings per share expectations but missed sales consensus on Wall Street with its second quarter earnings. The San Diego-based company posted profits […]
NuVasive wins FDA nod for Pulse spinal surgical automation platform
NuVasive (NSDQ:NUVA) said today it won FDA 510(k) clearance for its Pulse spinal surgical automation platform. The newly cleared Pulse system includes both 2D and 3D navigation and smart imaging capabilities with integrated neuromonitoring, surgical planning, radiation reduction and patient-specific rod bending tech, the San Diego-based company said. “Pulse seamlessly integrates multiple intraoperative technologies through an intuitive […]
NuVasive launches Reline MAS midline spine implant system
NuVasive (NSDQ:NUVA) said today it launched its Reline MAS midline system designed to treat adjacent segment transition syndrome. The newly launched system features low-profile modular implants and system instrumentation designed for alignment and the potential reduction of adjacent segment transition syndrome, the San Diego-based company said. “RMM posterior fixation represents the most advanced midline cortical pedicle […]
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