Spine Wave has raised $5.3 million in a new round of debt financing, according to a recently posted SEC filing. Money in the round came from 29 unnamed investors, with the first sale noted as having occurred on July 17 of this year, according to the filing. The Shelton, Conn.-based company is looking for an […]
Spine Wave said today it completed an initial limited market release of its Leva AF interbody device for anterior lumbar interbody fusion procedures. The Shelton, Conn.-based company said that the Leva AF device features all-titanium construction and includes modular anterior plates and a selection of bone screws for integrated and standalone vertebral body fixation. The device […]
Organovo (PINK:ONVO) said earlier this week that Taylor Crouch has been appointed as CEO, replacing Keith Murphy who is stepping away from the company. The changes are slated to go into effect on April 21. Prior to being tapped for the corner office, Crouch operated as CEO of investigative clinical research company eStudySite, the San Diego, […]
Spine Wave said today it is launching its Velocity L expandable interbody device and XLR II lateral access system, both of which are designed for lateral surgical approaches for spinal procedures. The expandable device is designed to minimize impaction of large lateral implants into collapsed disk spaces through a slim profile which expands to the desired disc […]
Spine Wave said today it closed a $11 million round of new financing to support “the largest product portfolio expansion in the company’s history.” The round was led by existing investors New Enterprise Associates and Acadia Woods, and joined by Compass Global Fund, Industry Ventures, Collinson, Howe and Lennox, California Technology Partners and MB Ventures, the […]
Spine Wave said today it is licensing the True Position pivoting spacer system technology from Atlas Spine. The center pivot point technology from the newly licensed True Position spacer allows for more easy and accurate position of interbody spacers, which Spine Wave said will be useful for surgeons implanting “crescent” type devices in a posterior-approach […]
The spinal med device market appears to be stabilizing with growth in 3 key areas, according to a letter to investors published this week from Leerink Partner’s Richard Newitter, who attended the North American Spine Society’s annual meeting in Chicago last week. Newitter said the meeting was “neutral-to-positive” for firms in the spinal market, and said […]
Spine Wave won FDA clearance for its StaXx IB system, an intervertebral body fusion device. The privately held company said this expandable fusion device is differentiated from its flagship StaXx XD with the addition of bone graft chambers.