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LDR, IMPLANET, Aurora Spine & More — 13 Key Notes

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Here are 13 key notes on major spine and orthopedic device companies.

K2M closed its initial public offering and received net proceeds of approximately $120 million, after deducting underwriting discounts and estimated offering expenses.

 

Aurora Spine appointed Doug Johnson as regional vice president of sales for the Eastern United States.

 

Exactech appointed W. Andrew Krusen to its board of directors.

 

Eric Dremel has been named president of Medacta USA, a subsidiary of Medacta International.

 

Ceterix Orthopaedics closed $18 million in a new financing round.

 

LDR plans to raise $25 million in a secondary public offering. The company also announced a net loss of $3.5 million in the first quarter of 2014, down from the same period last year when the company suffered a net loss of $2.6 million.

 

SpineGuard's PediGuard platform has been adopted by the Children's Hospital of New Orleans, the 20th teaching institution to have done so in the United States.  

 

EOS imaging's system was installed at the Orthopaedic University Hospital Friedrichsheim in Frankfurt, Germany.

 

IMPLANET signed seven new distribution agreements.

 

BioMedical Enterprises' Speed Shift Continuous Active Compression System is now available nationally.

 

OrthoPediatrics released two new products — the Response Spine System and the OrthoPediatrics Anterior Cruciate Ligament Reconstruction System. It also negotiated a $37 million equity investment by its largest shareholder, Squadron Capital.

 

Boston Scientific announced new retrospective data related to its Precision Spectra Spinal Cord Stimulator, which shows that it provides sustained and significant low-back pain relief six months after implementation.

 

NuVasive celebrated 10 years as a publicly traded company by visiting the NASDAQ Market site to ring the opening bell.

More Articles on Devices:

Medtronic 3Q Spine Revenues Up, BMP Continues Slump
OrthAlign Signs Exclusive Distribution Agreement With Biomet Japan for KneeAlign
Is Biomet Next to Form IPO?

 


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