Amedica Signs Distribution Agreement with Weigao Orthopedic

Amedica entered into a 10-year agreement granting Weigao Orthopedic the exclusive distribution rights for Amedica-branded silicon nitride spinal implants in the People's Republic of China.

Strategic Orthopaedic-related 510(k)s issued in March 2016

Strategic orthopaedic-related 510(k)s issued in March 2016 include: Vantage Total Ankle (Exactech), Align Anterior Ankle Fusion Plate (Extremity Medical), Jazz Lock (Implanet), PROLIFT Expandable Interbody System (Life Spine), OrthAlign Plus UniAlign (OrthAlign), Tesera SC Standalone Anterior Cervical Plate (Renovis Surgical), S-Wire (Spinal Resources), Interbody System (Surgtech), Xspan Laminoplasty Fixation System (X-spine/Xtant Medical) (View the full list of orthopaedic 510(k)s for March 2016)

Tyber Medical Awarded State Funding

Tyber Medical was awarded a US $362,500, ten-year loan from the Pennsylvania Industrial Development Authority to purchase equipment for in-house fabrication.

LISI Medical to Acquire Alcoa Remmele

LISI Medical, a contract manufacturer, signed an agreement to acquire Alcoa Remmele for 90MM (~US $102MM). The transaction is expected to close in 2Q16. Remmele posted 2015 revenue of $70MM.