Providence Medical Technology Secures New $10.5MM Financing
Providence Medical Technology closed a US $10.5MM debt agreement that will support distribution of cervical fusion technology in U.S. and ex-U.S. markets. May 10, 2017
Vericel Licenses Products for Distribution in Southeast Asia
Vericel entered into a license agreement whereby Innovative Cellular Therapeutics will obtain exclusive rights to develop and distribute Carticel® and MACI® in Southeast Asia. May 10, 2017
Cook Medical Divests Vertebroplasty Products
Cook Medical sold its vertebroplasty product line to IZI Medical Products. May 10, 2017
Wright Medical’s 1Q17 Revenue
Wright Medical reported 1Q17 revenue of US $177.2MM, +4.7% from 1Q16. (U.S. $132.1MM, +6.1%; ex-U.S. $45.0MM, +0.6%) May 09, 2017
SeaSpine Posts 1Q17 Revenue
SeaSpine announced 1Q17 revenue of US $31.9MM, +1.6% vs. 1Q16. (U.S. $28.6MM, +0.2%; ex-U.S. $3.3MM, +15.6%) May 09, 2017
Life Spine’s 510(k) Clearance of CRANIAL FUSION System with SOLSTICE Screws
Life Spine received FDA 510(k) clearance of its CRANIAL FUSION system, expanding indications for use of SOLSTICE Polyaxial Screws into the cervical spine. May 09, 2017
Smith & Nephew Reports 1Q17 Revenue
ORTHOWORLD estimates Smith & Nephew 1Q17 orthopaedic revenue of US $826.9MM, +3.0% from 1Q16. May 09, 2017
Orthofix Reports 1Q17 Revenue
Orthofix posted 1Q17 revenue of US $102.7MM, +4.1% from 1Q16. May 09, 2017
Anika Therapeutics Posts 1Q17 Orthobiologic Revenue
Anika Therapeutics posted 1Q17 orthobiologic revenue of US $20.2MM, +3.3% vs. 1Q16. May 09, 2017
Conventus Orthopaedics Raises $20MM
Conventus Orthopaedics completed a US $20MM equity financing. Funds will support commercialization of proximal humerus fracture repair technology and the development of the Conventus Cage™ intramedullary implant. May 09, 2017
