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6 orthopedic medtech companies earning investor interest
Becker's has reported on six spine and orthopedic medtech companies raising money through investors so far in 2023: -
Spine company releases new instruments for Intracept procedure
Relievant Medsystems released new Intracept Access Instruments for the Intracept procedure, the devicemaker said July 14. -
Spine company raises $35M for SI joint stabilization system
PainTEQ, a spine fusion devicemaker, plans to use $35 million in non-dilutive growth capital to expand the commercialization of its implantable SI joint stabilization system. -
Implanet sees $4.7 million in revenue for 1st half of 2023
Orthopedic medical device manufacturer Implanet has reported an operating revenue of $4.7 million for the first half of 2023, up 4 percent from the first quarter of 2022. -
Stryker's Q system launches with cranial guidance software
Stryker launched its Q Guidance System with cranial guidance software, the devicemaker said July 11. -
1st patient enrolled in Synergy Disc clinical trial
Orthopedic medical device developer Synergy Spine Solutions has enrolled the first patient in its 2-Level Investigational Device Exemption trial for the Synergy Disc artificial cervical disc, according to a June 29 news release. -
7 big orthopedic device companies paid hundreds of millions to physicians last year
CMS updated its Open Payments data June 30, including information on how much orthopedic and spine device companies paid to partnering physicians and institutions. -
2 spine, orthopedic companies acquired in 1 week
Here are two recently acquired spine and orthopedic companies that Becker's has reported on since June 23: -
Augmedics raises $82.5M in financing, reaches 4,000th case
Augmedics closed $82.5 million in series D financing to support the growth of Xvision, the medtech company said June 27. -
Genesys Spine launches new SI joint fusion system
Genesys Spine launched the SIros O transfixing sacroiliac joint fusion system, the devicemaker said June 26. -
CoreLink acquired by Zavation Medical Products
Zavation Medical Products acquired CoreLink, according to a June 26 news release. -
Medtronic adds to board of directors
Medtronic named Greg Lewis to its board of directors, the devicemaker said June 26. -
3 spine devices earning payer coverage in 2023
Here are three spine devices earning coverage from payers in 2023: -
Surgalign files for bankruptcy: A timeline of the company over 1 year
Spine devicemaker Surgalign announced it filed for Chapter 11 bankruptcy. Here is a timeline of the company in the last year: -
Cigna now covers Barricaid device for lumbar discectomy
Cigna implemented a positive coverage policy for Intrinsic Therapeutics' Barricaid bone-anchored annular closure device, the medtech company said June 21. -
GE HealthCare, DePuy Synthes partner for 3D spine imaging
GE HealthCare and DePuySynthes inked a distribution agreement to grow the OEC 3D imaging system in the U.S. -
Cigna to cover Relievant Medsystems' Intracept procedure
Cigna, a payer that provides health benefits for 19 million Americans annually, will now cover Relievant Medsystems' Intracept procedure for the treatment of vertebrogenic low back pain. -
Surgalign files for Chapter 11 bankruptcy
Surgalign has filed for Chapter 11 bankruptcy and is selling its assets to Xtant Medical Holdings, the spine devicemaker said June 20. -
Interventional spine tech: Revolutionary or all hype?
At the 20th Annual Spine, Orthopedic + Pain Management-Driven ASC Conference, attendees gathered to explore the powerful topic of interventional spine technology. -
Premia Spine's facet joint replacement earns FDA premarket approval
The Premia Spine TOPS system for lumbar facet joint replacement earned FDA premarket approval, the devicemaker said June 20.
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