March 23, 2017 | Editor
Alphatec Holdings, Inc. (Nasdaq:ATEC), the parent company of Alphatec Spine, Inc., a provider of spinal fusion technologies, announced that it has entered into a definitive securities purchase agreement to raise approximately $18.9 million in a private placement of common stock, Series A Convertible Preferred Stock and warrants exercisable for common stock.
March 22, 2017 | Blake Mossy
Sussex Wire entered into in an agreement to acquire Marox Corporation, a manufacturer in computer numeric control (CNC) precision machined orthopedic implants and instruments.
March 20, 2017 | Blake Mossy
Merit Medical Systems commenced a public offering of shares of its common stock for $125.0 million.
March 17, 2017 | Blake Mossy
Active Implants, Moximed secures financing...NovoSource prepares to liquidate corporate assets...DJO Global. First Ray, Materialise, Medtronic, Spineology regulatory updates...Arthrosurface, Corin, DePuy Synthes, DJO Global, Ethicon, Integra LifeSciences, Paragon 28, Stryker, Zimmer Biomet product introductions and updates...Medovex receives renewed reimbursement...OMNILife Science, Spine Innovation clinical updates...BONESUPPORT, Implanet distribution updates...Amend Surgical intellectual property updates...HealthpointCapital appoints Mike Mogul as Managing Director
March 14, 2017 | Editor
HealthpointCapital, a private equity firm focused exclusively on the Musculoskeletal sector, announced that Mike Mogul, former CEO of DJO Global and Group President at Stryker Corporation will join the firm’s leadership team.
March 13, 2017 | Blake Mossy
NovoSource is preparing to liquidate its corporate assets through a court-ordered auction in late spring 2017. This will include the company’s knee and hip replacement portfolios, which are for pain reduction and improved function in total knee arthroplasty.
March 9, 2017 | Blake Mossy
K2M Group reported 4Q:16 financial results. Total revenue was $61.8 million in 4Q:16, representing an increase of 14% compared to $54.2 million in 4Q:15. Adjusted EBITDA was $0.8 million in 4Q:16, decreasing from $1.3 million in 4Q:15. Gross margin for 4Q:16 decreased to 62.1% compared to 66.3% in 4Q:15.
March 8, 2017 | Blake Mossy
Shoulder Options is preparing to divest its proximal humerus plate portfolio, designed for the treatment of proximal humerus fractures, and for rotator cuff repair.
March 7, 2017 | Blake Mossy
K2M entered into an agreement to acquire e-Fellow, a mobile software platform that aims to streamline the patient billing and care process.