Issue link: https://beckershealthcare.uberflip.com/i/883254
36 DEVICES & IMPLANTS Medtronic, DePuy Synthes, Stryker & More: 45 Device Company Key Notes By Anuja Vaidya Here are 45 key notes on orthopedic and spine device companies. Premia Spine launched a pivotal, FDA-approval seeking study of the TOPS system. e first procedure was performed in Pennsylvania. Spineway reported revenue of about $6.94 million for the first half of 2017, reflecting a 146 percent increase from the same period the year prior. In the first half of 2017, Implanet saw revenue of about $4.77 million. Stryker saw an 18.5 percent year-over-year growth in the first quarter of 2017, according to Market Realist. A new Inspired Spine study showed 95 percent of patients being treat- ed for symptomatic degenerative spinal deformity using the oblique lateral lumbar interbody fusion procedure were able to walk within 24 hours of surgery. Emerging Implant Technologies received FDA approval for its full 3-D printed cage portfolio. Simplify Medical closed a $21 million Series B financing round. Gregory C. Mallo, MD, and Philip L. Schrank, MD, will leverage Zim- mer Biomet's Comprehensive Vault Reconstruction System to perform a shoulder replacement in late July. EOS named Mike Lobinsky president, North America, a newly created position. Bioventus expanded its Performance Program for EXOGEN Ultra- sound Bone Healing System in Canada. Spinal Simplicity named Richard Grant a new advisor and member of the company's board of managers. XinRong Medical welcomed Stephen Ooi to its board of directors. Medtronic PLC reportedly informed investors it's close to settling law- suits pertaining to its bone morphogenetic protein product, Infuse. At its national sales meeting, ChoiceSpine launched its new biologics portfolio. DePuy Synthes launched its VIPER and EXPEDIUM Fenestrated Screw Systems in the U.S. Spine Wave completed the limited market release of its Leva AF Inter- body Device. K2M received FDA clearance for its Capri Small 3D Static Corpectomy System, a first-to-market 3-D-printed corpectomy cage. e FDA cleared Spineology's Rampart One Anterior Lumbar Inter- body Fusion System. Stryker was named the 15th best place for millennials to work on For- tune's 100 Best Workplaces for Millennials. Intellirod Spine secured over $1 million in equity financing from new and existing investors led by the OhioHealth Innovation Development Fund and Queen City Angel First Fund V. Smith & Nephew added total joint replacements to the Navio hand- held robotic-assisted technology platform. Zimmer Biomet unveiled its X-PSI Knee System. InVivo erapeutics enrolled the 17th patient in its INSPIRE Study, testing the Neuro-Spinal Scaffold's efficacy and safety for complete tho- racic AIS A spinal cord injury. Colorado Springs, Colo.-based UCHealth Memorial Hospital joined InVivo erapeutics' INSPIRE study as a clinical site. Conventus Orthopaedics appointed Matthew Jewett CEO. Jack Farr, MD, of Indianapolis-based OrthoIndy, performed the state's first meniscus replacement with Active Implants' NUsurface Meniscus Implant. Mazor Robotics strengthened its leadership team with new appoint- ments and expanded responsibilities: • Oren Zarchin, PhD, leads the company's new product develop- ment group as vice president of product development, effective Aug. 1. • Eli Zehavi heads the advanced technology group as executive vice president of advanced technologies, effective Aug. 1. • Joshua Belkar serves in the newly created position of vice presi- dent of operations and service, effective July 16. • Christopher Prentice, CEO of Mazor Inc. (U.S. subsidiary), took on the additional role of chief commercial officer. • CFO Sharon Levita took on the additional role of vice president of business operations. Mazor Robotics is facing a class action litigation suit in the United States District Court for the Southern District of New York. Stryker purchased Novadaq Technologies for $701 million. In a report from Glassdoor, Stryker CEO Kevin Lobo was ranked No. 57 on Glassdoor's highest rated CEOs 2017 Employees' Choice list. Stryker donated specialized drill sets, valued at $375,000, to Cincinna- ti-based Mayfield Education & Research Foundation. Jon Stryker, an heir to the Kalamazoo, Mich.-based medical device gi- ant Stryker, is the top philanthropist in the state of Michigan since 2000. In 2016, Medtronic led the U.S. surgical navigation systems market, which is slated to reach $132.7 million by 2023. Implanet received FDA clearance from U.S. and European regulatory authorities to market its updated Jazz braid. e FDA cleared Meditech Spine's Talos Lumbar (HA) Peek IBF.