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Ortho Kinematics pulls in $4m in debt round

Ortho Kinematics‚ Inc. (OKI), a privately held healthcare diagnostics company focused on spine imaging informatics, announced today the close of $4 million in debt financing. This financing will be used to strengthen OKI’s cash position, expand US and OUS commercialization of the VMA (Vertebral Motion Analysis), the company’s flagship product for the radiographic assessment of […]

DuPage Medical Group snags $250 million for expansion

By  KRISTEN SCHORSCH DuPage Medical Group, the largest independent physicians group in the Chicago area, has received a $250 million infusion, including an undisclosed amount from a private equity firm interested in helping the practice continue to expand. The investment from Boston-based Summit Partners is part of a national trend of private equity firms buying into medical groups, […]

Medtech Receives FDA Clearance For ROSA Spine

Montpellier, France – MEDTECH (Euronext, FR0010892950 – ROSA), a company specialized in designing, developing and marketing innovative surgical assistance robots, is pleased to announce that it has received 510K clearance from the United States Food and Drug Administration (FDA) to market the ROSA™ Spine robot in the United States of America. Obtaining FDA clearance is a […]

Globus Medical to Participate in 34th Annual J.P. Morgan Healthcare Conference

AUDUBON, Pa., Jan. 05, 2016 (GLOBE NEWSWIRE) — Globus Medical, Inc. (GMED), a leading musculoskeletal implant manufacturer, announced today management will participate in J.P. Morgan’s 34th Annual Healthcare Conference at the Westin St. Francis in San Francisco, California.  David Paul, Chairman and CEO, Anthony Williams, President, and Dan Scavilla, CFO, will represent the Company in a presentation scheduled […]

Atlas, an Implantable Shock Absorber for Your Knee

Moximed, a firm with offices in Hayward, California and Zurich, Switzerland, recently won the European CE Mark to introduce its Atlas Knee System. We just got hold of photos of the Atlas and more information on how it works. The device is a knee joint unloader designed to reduce the pressure applied to the joint and […]

Benvenue Medical Secures $60 Million Financing

Benvenue Medical, Inc., a developer of minimally invasive solutions for spine repair, announced it completed a $60 million round of financing. The spine company intends to use the proceeds to accelerate U.S. commercialization activities for its two innovative minimally invasive products – the Luna® 3D Interbody Fusion System for treating degenerative disc disease and the Kiva® VCF […]

JBJS Editor’s Choice: During Ankle Fusion, Save the Fibula!

In the  December 16, 2015 edition of The Journal, Pellegrini et al. present the results from a cohort of 23 patients who had initially undergone ankle arthrodesis and then, due to decreasing function and increasing mid- and hindfoot pain, sought relief via conversion to an ankle arthroplasty. The good news is that this conversion provided meaningful clinical […]

Life Spine® Announces PULSE™ Program and 2016 Cadaver Workshops

HUNTLEY, Ill.–(BUSINESS WIRE)–Life Spine, a medical device company that designs, develops, manufactures and markets products for the surgical treatment of spinal disorders, announced today the Physicians Understanding the Life Spine Experience (PULSE) Program, whereby surgeons can visit their new world class medical facility and state-of-the-art cadaver lab located in Huntley, IL., approximately 50 miles west […]

Medical device firms spent millions to get the device tax to go away

By Allison Sherry and Jim Spencer Star Tribune staff writers WASHINGTON – It took tens of millions of dollars in lobbying and campaign contributions, but in the end, Minnesota’s medical device companies got what they wanted out of Congress: the gutting of a sales tax they claimed was crippling them. In the waning days before the Christmas recess, both chambers […]

Bioventus Launches DUROLANE® for Osteoarthritis Patients in Taiwan

HOOFDDORP, The Netherlands–(BUSINESS WIRE)–Bioventus, a leader in orthobiologic solutions, today announced its entry into the patient care market in Taiwan with the launch of DUROLANE®, a single-injection joint-fluid osteoarthritis (OA) treatment based on a natural, safe and proven technology process called NASHA® which yields stabilized hyaluronic acid (HA). “The company’s market coverage, relationships with key opinion leaders, […]

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