Becker's Spine Review

Becker's March/April 2021 Spine Review

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17 PRACTICE MANAGEMENT Medtronic (Dublin, Ireland). Medtronic is a medical technology company with spine and pain management product offerings. e company's Mazor X Stealth Edition is robotic technology designed to help surgeons per- form more precise spinal procedures. e technology also allows for real-time visualiza- tion of the patient's anatomy. MicroPort Orthopedics (Palo Alto, Calif.). MicroPort develops hip and knee implants distributed to surgeons in 70 countries. Last August, the company partnered with Osso VR, a virtual reality surgical training plat- form, for surgeons to train on its total hip and knee replacement devices, which have been used in 600,000 cases worldwide. Mizuho OSI (Union City, Calif.). Mizuho OSI develops surgical tables and position- ing devices for orthopedic and spine cases. e company designs technology to reduce physician fatigue and increase patient safety during procedures. In September, the compa- ny acquired Air Barrier System, an infection control device used in spine and hip surgeries. Nanovis (Carmel, Ind.). Nanovis develops orthopedic and infection-control technolo- gy platforms for spine surgery patients. e company has a portfolio of spine implants with bactericidal capabilities to prevent local- ized infections. Last year, Nanovis reported a record high sales month in June and achieved the first nanotechnology FDA clearance for pedicle screws in April. Nexxt Spine (Noblesville, Ind.). Nexxt Spine designs and manufactures all its spinal im- plants and 95 percent of its instruments in- house. In December, the company launched a cervical system that includes 3D laser-printed titanium implants. NuVasive (San Diego). NuVasive focuses on spine technology for minimally invasive pro- cedures. e company has a single expandable platform, Pulse, which integrates multiple technologies for improved workflow and re- producibility in outcomes. e technologies include neuromonitoring, radiation reduc- tion, imaging and navigation. Nvision Biomedical Technologies (San An- tonio). Nvision is a medical device and bio- logics company with spine and extremities products. In October, the company received the first FDA clearance for an osteotomy wedge system made with Invibio's PEEK-OP- TIMA HA Enhanced, a fusion-enhancing material. Orthalign (Aliso Viejo, Calif.). Orthalign is a privately held medical device company fo- cused on orthopedic procedures. Its technol- ogy has been used in more than 150,000 pro- cedures. In November, New York City-based Hospital for Special Surgery surgeon Michael Ast, MD, performed the first procedure using its next-generation handheld navigation tech- nology. Orthofix (Lewisville, Texas). Orthofix was founded in 1980 as an orthopedic device com- pany and has grown to include 1,000 employ- ees. It distributes spine and extremities prod- ucts to surgeons in more than 70 countries. Last March, the company acquired Fitbone limb-lengthening technology. OrthoPediatrics (Warsaw, Ind.). OrthoPedi- atrics was founded in 2006 to develop ortho- pedic implants for children. e company has 35 surgical systems in trauma and deformity, scoliosis and sports medicine subspecialties. It distributes products in 44 countries. SeaSpine Orthopedics (Carlsbad, Calif.). SeaSpine has a portfolio of orthobiologics products for spine, hip and extremities proce- dures. It also develops implants for minimally invasive spine surgery, including the Regat- ta lateral plate system launched in January. SeaSpine markets products in more than 30 countries. SI-Bone (Santa Clara, Calif.). SI-Bone devel- oped the iFuse implant for minimally invasive sacroiliac joint fusion. More than 2,000 sur- geons are trained in the procedure, which has been performed over 45,000 times. Last year, Aetna, Humana and multiple regional payers updated coverage policies to include iFuse procedures. Smith+Nephew (London). Smith+Nephew is a medical device company with a robust port- folio of orthopedic products. e company focuses on hip and knee surgery, sports med- icine and wound management. In January, Smith+Nephew acquired Integra LifeScienc- es' extremities business for $240 million. Stryker (Kalamazoo, Mich.). Stryker is an orthopedic device company with more than 40,000 employees. e company has 8,883 patents worldwide and spent $971 million on research and development in 2019. It has joint replacement, lower extremities, spine and sports medicine offerings. In November, Stryker completed its acquisition of Wright Medical, a lower extremities device company, for around $5.4 billion. WishBone Medical (Warsaw, Ind.). Wish- Bone is an orthopedic device company fo- cused on products for pediatric patients. It provides pediatric instruments and implants in sterile packed, single-use disposable proce- dure kits to surgeons. In October, it received $20 million in financing from LKCM Head- water investments, a private equity firm. Zavation (Flowood, Miss.). Zavation is an employee-owned company focused on spinal products. It has spinal systems, implants and biologics portfolios. In February, the compa- ny launched Labyrinth, a porous PEEK inter- body cage. Zimmer Biomet (Warsaw, Ind.). Zimmer Biomet is a musculoskeletal products compa- ny with devices sold in more than 100 coun- tries. It has instrument systems and implants for knee, hip, spine, sports medicine and den- tal procedures. In February, the company an- nounced plans to spin off its spine and dental businesses into a separate company. n

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