AUDUBON, Pa., July 26, 2016 (GLOBE NEWSWIRE) — Globus Medical, Inc. (NYSE:GMED), a leading musculoskeletal implant manufacturer, today announced its financial results for the second quarter ended June 30, 2016. Worldwide sales increased 2.9% as reported to $137.5 million, or 3.1% on a constant currency basis Second quarter net income increased 7.3% to $25.8 million, […]
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BELGRADE, Mont., July 26, 2016 (GLOBE NEWSWIRE) — Xtant Medical Holdings, Inc. (NYSE MKT:XTNT), a leader in the development of regenerative medicine products and medical devices, today announced the expansion of its tissue processing facility in Belgrade, MT, which now includes an additional seven new processing rooms. This more than doubles the capacity of processing […]
AUDUBON, Pa., July 26, 2016 (GLOBE NEWSWIRE) — Globus Medical, Inc.(NYSE:GMED), a leading musculoskeletal implant manufacturer, today announced that it has entered into an agreement to acquire the international operations and distribution channels of Alphatec Holdings, Inc., a publicly traded medical devices company (Nasdaq:ATEC) for $80.0 million in cash, subject to certain closing adjustments. Globus […]
HORSHAM, Pa., July 26, 2016 /PRNewswire/ — Continuing to provide surgical efficiency through its Ready-For-Surgery™platform, Flower Orthopedics announces the launch of its New MTP Fusion Plate Portfolio. An integral component in Flower’sFirst Ray IndicationCube™ – featuring the Flower E-Kit™ – the Flower MTP Fusion portfolio creates a faster procedure, requires a smaller incision and reduces the overall cost of providing care. The […]
By Suzanne Hodsden – July 25, 2016 Medtronic wants to generate $40 billion in free-cash-flow (FCF) by 2021, senior leadership said during a recent Investor Day event in New York City. The company’s strategies for future growth include therapy innovation, globalization, and a leadership position in value-based healthcare. Recent developments at Medtronic— such as itsacquisition of Covidien […]
July 26, 2016 AUSTIN, Texas–(BUSINESS WIRE)–Ortho Kinematics‚ Inc. (OKI), a privately held healthcare diagnostics company focused on spine imaging informatics, announced the launch of VMA-Align. VMA-Align is a new diagnostic module and service offering within OKI’s core product VMA, or Vertebral Motion Analysis. VMA-Align gives spine surgeons an unprecedented level of data to assist […]
July 25, 2016 ALACHUA, Fla.–(BUSINESS WIRE)–RTI Surgical, Inc. (RTI) (Nasdaq: RTIX), a leading global surgical implant company, announced that a peer-reviewed, pre-clinical study titled Multipotent adult progenitor cells on an allograft scaffold facilitate the bone repair processhas been published in the latest edition of the Journal of Tissue Engineering. The pre-clinical study, conducted by […]
AKRON, OH–(Marketwired – Jul 26, 2016) – Intellirod Spine, the spinal implant company developing disposable and implantable wireless RFID sensor technology for monitoring spinal rod strains, secured additional equity financing from new and existing investors including the Queen City Angel First Fund V and JumpStart. Funds will be used to reach key milestones toward the […]
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