Vertebral Technologies was granted a U.S. patent addressing modular, in vivo assembly technology and its motion preservation InterCushion® pipeline product.
Implanet received global regulatory clearance for the Jazz Frame®, a system of connectors for use with JAZZ Band® technology in the treatment of spinal deformity. Launch is scheduled for 1Q17.
DePuy Synthes entered into an exclusive agreement with Pacira Pharmaceuticals for U.S. co-promotion of EXPAREL® local analgesic across its joint reconstruction, spine, sports medicine and trauma businesses.
OrthAlign received FDA 510(k) clearance to market the Direct Anterior Approach HipAlign® system, a handheld computer that provides cup placement accuracy data and measurement changes in leg length and joint offset.
Retrospective study results on patients undergoing sacroiliac joint fusion vs. fixation showed a 5.7% revision rate in fusion patients receiving SI-BONE’s iFuse™ vs. a 30.8% revision rate for those undergoing screw fixation.
7D Surgical received regulatory clearance in the U.S. and Canada to market MvIGSâ„¢, the Machine-vision Image Guided Surgery system for spinal procedures.
The majority of 2016 investments came in from venture firms, though Johnson & Johnson, Medtronic, Musculoskeletal Transplant Foundation and Orthofix also backed certain financing deals. Similar to recent years, the spine market was the largest target for funding.