NLT SPINE Comes to Europe With Its Innovative eSpin Discectomy Device

NLT SPINE Receives CE Mark for its eSpin™ Device and Performs First Clinical Cases in Europe NLT SPINE, a developer of products aimed for Minimally Invasive Spine Surgery (MISS) and percutaneous procedures, announced today that its eSpin discectomy device has received CE Mark approval, enabling the company to market it in Europe. eSpin can be [...]

Cleveland Clinic Spins Off Orthopedics Preoperative Planning Software Company, Called Custom Orthopaedic Solutions

Cleveland Clinic spins off orthopedics preoperative planning software company (MedCityNews)   Cleveland Clinic Innovations has spun off a new startup: a company that’s developing software to help orthopedic surgeons better plan operations. Custom Orthopaedic Solutions‘ in-development OrthosVis software imports a patient’s CT scan and then produces a 3-D model that physicians can use to rotate, zoom and view cross-sectional [...]

DGIMed Ortho, a Trauma Startup, Raises $3.3M by Issuing Debt

Orthopedics device startup raises $3.3 million by issuing debt (MedCityNews) The Minnetonka, Minnesota company was founded in 2008 to commercialize the Distalock nail and drill system comprising intramedullary nail implants and instruments as well as a disposable drill. The systems helps surgeons quickly and accurately place the distal locking screws that are meant to stabilize the [...]

Memphis Bioworks Initiates an Accelerated Concept-to-510(k) Incubator Program for Startups

   Memphis’ ZeroTo510 to Aid Med, Biotech Startups (Daily News Memphis) Memphis Bioworks Foundation and Innova have launched ZeroTo510, an accelerator program to help entrepreneurs bring medical devices and companies to market. Applications are due April 5, and through a competitive process, six startups will be selected to participate in a 12-week, mentor-driven program that will [...]

Audio Interview: Spine Startup – Soteira CEO Larry Jasinski

Click to play MassDevice Podcast: Soteira CEO Larry Jasinski (MassDevice) Soteira CEO Larry Jasinski talks to MassDevice about overcoming the odds with spinal fusion devices and managing a 510(k) win even after the FDA switched things up mid-stream. Soteira CEO Larry Jasinski is no stranger to adversity. In the last 5 years the spinal fusion device maker has [...]

Israeli Company Wins 510(k) Clearance for TLIF Fusion Device

Award Winning Israeli Spine Company Gets 510(k) Clearance (Bilione Young @ OTW) NLT SPINE, an Israeli developer of minimally invasive spine surgery (MISS) products, has just received FDA 510(k) clearance for its PROW FUSION device. NLT SPINE is a winner of the 2011 Spine Technologies Award, given byOrthopedics This Week during the North American Spine Society conference [...]

Unique Israeli Company CartiHeal Gets CE for Cartilage Defect Repair

     Unique Israeli Company CartiHeal Gets CE Mark (Biloine Young @ OTW) An Israeli company has received CE Mark certification for the EU for a cartilage defect repair product, based solely on a preclinical trial. The company is CartiHeal Ltd and the product is Agili-C. Nir Altschuler, a biomedical engineer who founded the company in [...]

Vincent GardèS Is the New CEO at Vexim, French Spine Startup

    Vincent Gardès New CEO at Vexim (Biloine Young @ OTW) Vincent Gardès, a veteran of Stryker Corporation and Medtronic, Inc., has joined Vexim, a medtech company in Toulouse, France, as Chief Executive Officer. Gardes, with over 15 years of international experience in marketing, sales and general management in the medtech industry, is fluent in [...]

Profile on Flex Biomedical Inc. From Start-Up Magazine

     Flex Biomedical Inc.  (article preview from Start-Up ) Intra-articular injections of hyaluronic acid, which mimics the lubricating properties of natural synovial fluid and lessens friction and pain in the osteoarthritic knee joint, has become increasingly popular for treating osteoarthritis. However, of the seven formulations available in the US, none have been proven clinically superior and [...]

IlluminOss Medical, an Intramedullary Fixation Trauma Startup, Finds $4M Financing

       IlluminOss Medical finds $4M financing (Mass High Tech) IlluminOss Medical Inc., a medical device firm in East Providence, R.I., has taken in a $4 million debt financing round, the company noted in aregulatory filing. The financing consists of debt, as well as options and warrants. Reached by phone, company president and CEO Scott [...]

Flexuspine, Startup With Disc Replacement, Gets $2.1M in Funding

     Flexuspine website Spine disc replacement firm Flexuspine adds $2.1M to series B round (MedCityNews) Flexuspine, which is developing a total spine disc replacement system, has added $2.1 million to a larger series B round of investment funding. CEO Vin Jannetty declined to reveal any more information about the Pittsburgh-based company’s past, present or future fundraising, but [...]

32 Startups Were Funded in Orthopedics in 2009 – Where Are They Now?

List of 32 fundings in 2009 Dec 2009 AxioMed Spine Corp (Garfield Heights, OH) completed the first part of its third financing round, raising $6.4M from ”leading venture capital firms,” which were not named. The company that is developing next-generation spinal disc replacements is working toward a Series C round of $18.5M http://ow.ly/I1oY

Pivot Medical, a Hip Arthroscopy Startup, Raises $32M in Financing

        Pivot Medical Raises $32 Million in Series C Financing (press release) Emerging Leader in Hip Arthroscopy Rolls Out Innovative Solutions for Hip Preservation SUNNYVALE, Calif.–(BUSINESS WIRE)–Pivot Medical, an emerging leader in minimally invasive hip restoration, has announced it has raised $32 million in Series C financing. Led by new investor Adams Street Partners, [...]

TranS1 Wins Another Major Insurance Coverage Based on New Clinical Results

  TranS1 Inc. gets business boost (StarNews Online) TranS1 Inc. has received a boost to its business. A major health insurer in New Jersey has decided to reimburse the costs of the medical-device company’s minimally invasive lumbar spinal fusion procedure. The Wilmington-based company’s AxiaLIF procedure is like other spinal fusion surgeries with the exception that the spine [...]

Expanding Orthopedics Initiates Study to Measure Pedicle Screw Performance in Germany

  Pedicle Screw Study Launched (written by Biloine Young @ OTW) Expanding Orthopedics Inc. (EOI), based in Israel, has launched a post-market study in Europe of its XPED Expanding Pedicle Screw System for spinal fusion. Up to 50 patients will be enrolled in the multi-center study which will be led by the spine team of [...]

Israeli Back Pain Device Company Lands $3.5M Investment, Plans Akron Move

      Nervomatrix website Israeli back pain device company lands $3.5M investment, plans Akron move (MedCity News) Israeli pain-relief neurostimulation device company Nervomatrix has received a $3.5 million series A investment and is planning to set up its North American sales and marketing headquarters in Akron, Ohio. The funding comes entirely from Akron-based Everett Partners, and the Israeli [...]

Q&a With Dr. Lon S. Weiner, Co-Founder of Nextremity Solutions, Foot & Ankle Surgery Startup

  Nextremity Solutions website Lon S. Weiner, M.D., Co-Founder and Director of Nextremity Solutions, LLC (OrthoPreneur) Nextremity Solutions was started in 2008 by Lon Weiner, M.D. and Stuart Katchis, M.D. The initial focus of Nextremity was to catalogue our ideas, obtain intellectual property and develop each product to be sold onU.S. and international markets.  Nextremity also has a [...]

Vexim to Market the SpineJack for Spinal Column Fractures in India

     SpineJack Heads to India (written by Biloine Young @ OTW) Vexim, the med-tech company out of Toulouse, France, will soon be marketing its SpineJack product in India. The firm just received the registration certificate for SpineJack and is awaiting the import license from Indian authorities. Vexim’s President and CEO, Bruce de la Grange, describes his [...]

Spinal USA to Add 25 New Jobs in Jackson, Miss.

     Spinal USA Expands, Creates U.S. Jobs   (press release) Spinal USA website JACKSON, Miss.–(BUSINESS WIRE)–Spinal USA, LLC is lowering the cost of health care while creating U.S. manufacturing jobs and making state-of-the-art medical implants to help spinal surgery patients both in the United States and abroad. “We manufacture our devices in Pearl or use U.S.-based [...]

SpineGuard Pulls in $6.2M in Funding to Launch PediGuard for Improved Pedicle Screw Placement

  SpineGuard Nabs $6.2M SpineGuard has added $6.2 million in funding to expand its platform for enhanced spinal screw placement, which is designed to make spine surgery safer. Investors included Credit Agricole Private Equity, Innoven Partenaires, A Plus Finance, and Delta Partners. SpineGuard has offices in San Francisco and Paris. PRESS RELEASE SpineGuard announced today that it has secured $6.2 [...]

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May 18, 2012

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