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Keeping you up to date on recent developments in orthopedics, including: Scientists repair injured spinal cord using patients' own stem cells; ALS neuron damage reversed with new compound; Nexus Spine reports availability of implants for spine surgery.
The U.S. FDA has given a green light to Brainlab AG for two new additions to its robotic surgery systems. The agency granted 510(k) clearances for the Loop-X mobile imaging robot and the Cirq Robotic Alignment module for spine procedures, paving the way for U.S. market entry.
Keeping you up to date on recent developments in orthopedics, including: Radioactive bone cement may be safer in treating spinal tumors; Unlocking the mystery behind skeletal aging; Sweet coating for sour bones.
Blue Ocean Spine GmbH has won a major investment from SHS GmbH, also from Tuttlingen in Germany, to develop its next-generation functional spinal implant. The two companies are declining to disclose the size of the series A investment.
PARIS – Ecential Robotics SAS has just secured $120 million series C funding in equity and debt financing, to support the manufacturing and commercial development of its robotic platform for spinal surgery. This is the largest financial transaction undertaken by any med-tech company in France.
Keeping you up to date on recent developments in orthopedics, including: Hot nano-chisel used to create artificial bones in a Petri dish; A 'skeletal age' calculator to predict bone fracture risk; Fetal surgery for spina bifida leads to better mobility in school-age children.
Zimmer Biomet Holdings Inc. continued its transformation, disclosing Friday that it will spin off its spine and dental businesses into a separate, publicly traded company. The move will enable the independent company, identified as Newco, to pursue strategies and growth in spine and dental solutions that have not been a major focus for Zimmer Biomet, while allowing the latter to focus on high-growth orthopedic segments.
Keeping you up to date on recent developments in orthopedics, including: Blood pressure can be controlled without drugs after spinal cord injury; Researchers develop technique to replicate bone-remodeling processes; New technique to fast-track pain research.
Stryker Corp. reported Jan. 27 that per-share earnings for the fourth quarter of 2020 reached $2.81, but organic sales fell roughly 1%, largely an artifact of the COVID-19 pandemic. The company’s acquisition of Wright Medical Group NV, of Amsterdam, is part of a source of optimism for the company, however, as is the fact that the company’s sales in emerging markets continue to buoy Stryker’s outlook for 2021.
PARIS – Neos Surgery SL has been awarded funding under the leading European program for innovative SMEs, the EIC accelerator. (previously known as SME Instrument). This Spanish med-tech company was one of just 38 projects selected from among 4,200 applicants from 18 countries across Europe. Neos has been awarded a non-repayable grant of $2.3 million towards developing its groundbreaking Disc Care device, used in the treatment of herniated disc.
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