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Device Companies — 7 Key Notes — Medtronic, Mazor & More

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Here are seven key notes on spine and orthopedic device companies.

Minneapolis-based Blue Belt Technologies announced the 100th robotic-control assisted partial knee replacement surgery using its Navio Orthopedic Surgical System was performed at Thomas Jefferson Riverview Surgical Center in Philadelphia.

 

Knoxville, Tenn.-based ChoiceSpine launched the TYPHOON Facet Screw Fixation System designed to simplify arthrodesis and posterior stabilization of the lumbar spine.

 

Mazor Robotics reported a net loss of $3.5 million during the third quarter of 2013. The company's third quarter revenue was $3.1 million and reported 56 robotic systems installed internationally.

 

Medtronic reported 39 percent increase in second quarter FY 2014 revenue over the same period last year. However, the company's United States BMP revenue plummeted to $96 million compared with $119 million in the second quarter of last year and spine revenue decreased from $549 million last year to $517 million during the second quarter.

 

DePuy Orthopaedics parent company Johnson & Johnson reported it reached a tentative $4 billion settlement with patients injured by its metal-on-metal device.

 

Renovis Surgical received FDA clearance for its Tesera Standalone anterior lumbar interbody fusion cage.

 

SpineGuard reported the early adoption of its PediGuard platform at Kobe University Graduate School of Medicine n Japan.

 

More Articles on Spine Devices:
4 Manufacturing Companies Form Group to Streamline Medical Device Supply
Study Shows SpineJack Device Effective for Vertebral Compression Fracture
DMP Spine Biologics to Distribute Bacterin Bone Graft Products in Europe


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