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.Â
Stryker Spine acquired SafeWire’s product portfolio, including the Y-Wire guidewire and Tiger Jamshidi Needle for use in minimally invasive spine surgery.Â
RTI Surgical launched deformity instrumentation for the Streamline® TL Spinal Fixation system for treatment of complex adult deformities or curvatures in the thoracolumbar spine.
K2M received FDA 510(k) clearance for expanded indications of its MESA® Mini and DENALI® Mini spinal systems for stabilization of the posterior cervical and thoracic spine as an adjunct to fusion.
SpineSource commenced U.S. launch of the titanium alloy L-Varlock Lumbar Cage, reportedly the only expandable interbody that can adjust in situ from 0° to 24° of lordotic angle and up to 7mm of expansion.
Implanet received FDA 510(k) clearance and CE Mark approval for Jazz Lock®, a band-shaped implant to treat degenerative spinal disorders, including cervical. Commercial launch is underway.