Kyphoplasty Safe and Effective for VCFs

JBJS reprinted data from the Fracture Reduction Evaluation (FREE) study.  With 300 patients enrolled at 21 Eu sites were suffering from acute VCFs, which is relevant as the age of the fracture has been considered a factor contributing to mixed results for VCF treatments noted in other studies. FREE was not blinded. There were two [...]

Orthoplasty Offers New Solutions for Reconstructive Surgery Without the Need for Implants

“Let’s say you lost an arm. The only thing I can offer you now is a prosthesis. With CTA you can actually have a new, ‘living’ arm. “ Dr. L. Scott Levin has a unique training in both plastic surgery and orthopedics.  He is challenging the use of implants by transferring living tissue to solve [...]

MiMedx Plans to Raise $10M and Build a High-Tech Production Facility as It Closes in on Profitability

MiMedx Group Inc., backed by health-care hotshot Parker “Pete” Petit, is developing biomaterial-based products for use in musculoskeletal specialties, based on technology from Georgia Tech and the University of South Florida. MiMedx is also developing a proprietary collagen-based fiber that act as platforms or “scaffolds” on which a patient’s tissue grows during the healing process [...]

ArthroCare Catches Up on All Past Due Financial Statements – Files Q3 of 2009

  Third quarter total revenue growth of 7.7 percent over third quarter 2008 Sports Medicine and ENT product sales increased 10.9 and 9.1 percent, respectively, in the third quarter of 2009 versus the third quarter of 2008 Consistent product margin in the first nine months of 2009 compared to 2008 Cash flow from operations of [...]

HydroCision Launches the SpineJet Percutaneous Curved Access Set for Use in Herniated Disc Procedures

HydroCision says offering curved access for its fluidjet technology can “assist physicians in reaching difficult-to-approach areas of the back through very small incisions.” Press Release… “HydroCision Introduces a New Curved Access Set for the Minimally Invasive Percutaneous Discectomy Market”   http://ow.ly/GkWa

DGIMED Receives FDA Clearance on IM Nail System

      BusinessWire…  http://ow.ly/FKqq

EnBIO Is Focusing on Coatings Designed to Prevent Infection and Bio Film Formation on Implants

EnBIO (Ireland) develops specialised coatings that are used in medical implants. The company’s latest product, OsteoZap, is a coating that will be used on orthopaedic implants such as hips and knees; trauma devices; and spinal and dental implants. The coating is designed to prevent infection and bio film formation on these implants. The Post.ie…  http://ow.ly/FKuV

Is Blue Belt’S Precision Sculpter a Cheaper Alternative to MAKO’S Robot?

    Blue Belt: Super Cutter on the Way (Orthopedics This Week)…  http://ow.ly/EAdd Blue Belt Technologies, Inc. Closes Series A Financing (PRNewsWire)…  http://ow.ly/s33J

Timely Analysis of Global Bioscience Private and Public Capital Investment Activity in 3Q09 by OnBioVC

  Free Download here —>   http://ow.ly/Ez9N Timely analysis of global bioscience private and public capital investment activity made available by OnBioVC.   In 3Q09, over $1,663M has flowed into early-stage biopharma, diagnostic and device companies and over $4,806M year-to-date. 

1st Orthopedists in Space! You Can Follow Him on Twitter @astro_bones

          EDUCATION:  Graduated from Denmark-Olar High School, Denmark, South Carolina in 1982; received a bachelor of science degree in chemical engineering from Massachusetts Institute of Technology in 1986; a doctor of philosophy in chemical engineering from MIT in 1993; a doctorate of medicine degree from Harvard Medical School in 1994; completed [...]

Soteira Inc. Emerged From Stealth Mode at NASS

    CEO Larry Jasinski and other representatives of the Natick, Mass.-based spine start-up showed a video describing their vertebroplasty system to conference attendees and publically parted with a few details of their technology: Soteira has a cement-directing kyphoplasty system that uses a flexible cutting implement to make a central cavity in the vertebral body [...]

Finally… Arthrocare Files Overdue Financial Statements

    ArthroCare Completes Restatement of Financial Statements and Files Its Form 10-K for 2008. BusinessWire…  http://ow.ly/Dxz0

What Can the Independent Test Labs Tell Us About the State of Innovation Within the Orthopedics Industry?

Innovation in Orthopedics.   The state of innovation within the orthopedics industry, according to independent testing labs, by MassDevice.com…   http://ow.ly/DxqA

NASS 2009 Trip Report According to HealthPointCapital

Themes Motion Preservation a Shadow of its Former Self Reports of Small Company Deaths are (Somewhat) Exaggerated Stem Cells Minimally Invasive Surgery The NEJM Articles on Vertebroplasty Haven’t Persuaded Surgeons to Sit Around and Do Nothing The Ultimate Takeaway HealthPointCapital…  http://ow.ly/Dlnf

Doctors Research Group Receives FDA Clearance for US Distribution of KRYPTONITE Bone Cement

On sale for several years in Europe, and more recently in Canada, Latin America and Australia, KRYPTONITE(TM) Bone Cement is a self-setting bone cement formed by combining three naturally occurring components to create an adhesive, low exotherm, non-toxic bone repair solution that cures with porous properties and is engineered to mimic natural bone. PRNewsWire…   http://ow.ly/Dle8

Bonovo Orthopedics Received China Clearance for Pioneer Surgical Technology’S Complete Spinal Fusion Products Portfolio

  Pioneer(R) Surgical Technology, Inc. and Bonovo(R) Orthopedics, Inc. Establish Foothold in Fastest Growing Spine Market in the World PRNewsWire…  http://ow.ly/DcKW

Ellipse Technologies Received Approval Under the CE Mark for Its MAGEC Technology for the Treatment of Spinal Deformity

    Ellipse Technologies, Inc. Receives CE Mark Clearance for the MAGECTM System for the treatment of Spinal Scoliosis BusinessWire…   http://ow.ly/DcNy

Integra LifeSciences Suspends New Patient Enrollment in the Clinical Trial for DuraGen Plus Adhesion Barrier Matrix in Spinal Surgery

      Integra announced that it will suspend the enrollment of new patients in the clinical trial for DuraGen Plus® Adhesion Barrier Matrix for evaluating the safety and effectiveness as an adhesion barrier in spinal surgery. SEC Filing…  http://ow.ly/DcPs

Zimmer to Complete $1 Billion Bond Offering

  This debt restructuring will give Zimmer $800M for acquisitions. HealthPointCapital…  http://ow.ly/D0Qs

Wright Medical’S CFO Resigns

Wright Medical Group, Inc. (NASDAQ: WMGI) announced the appointment of Lance A. Berry as Senior Vice President and CFO, effective December 11th. Mr. Berry will replace John K. Bakewell, who notified Wright that he will resign effective December 11th to accept a position with another company. StreetInsider…  http://ow.ly/D101

FDA Is Expanding Transparency Efforts to Focus on Industry Questions

  http://ow.ly/CUCh

2009 Spine Technology Awards Are Unveiled…. 26 Spine Companies Receive Awards

Winning spine technologies for 2009, by category, were:     Biomaterials     Covidien BioSurgery, DuraSeal Spine Sealant     Invibio Ltd., PEEK-OPTIMA Polymers     WW Technology, Bonewelding for Spine     Cervical Care     Aspen Medical, Symmetrically Adjustable Cervical Collar     Pioneer Surgical, nanOSS Cervical     Pioneer Surgical, NuNec Artificial Cervical Disc     Diagnostics and Imaging     L.I.T. [...]

Cartilage Repair Company, BioSyntech, Raised $4.5M in Gross Proceeds Through Private Placements and Discusses Preliminary Clinical Trial Results

BioSyntech is analysing the clinical data from 41 patients at 12 month follow-up in the ongoing Canadian/European clinical trial assessing the efficacy and safety BST-CarGel versus microfracture. Final clinical results of this pivotal study are anticipated in the summer of 2010. http://ow.ly/Cujv

Smith & Nephew GMBH to Distribute K2M Spine Products in Germany

      BusinessWire…   http://ow.ly/Cu6U

Cardo Medical, Inc. Announces Closing of $6.2M in Private Placement

Cardo Medical, Inc. (OTC Bulletin Board: CDOM), an orthopedic medical device company based in Beverly Hills, California, announced today that it has completed the previously disclosed private placement transaction in which it successfully raised approximately $6.2 million in gross proceeds through the sale of common stock. Cardo Medical, Inc. intends to use the proceeds for [...]

Despite Recessionary Pressures, Patient and Surgeon Demand Will Drive the Joint Arthroplasty and Fixation Bone Cement Market by 7% Annually Through 2013

Millennium Research Group…   http://ow.ly/t35E

TiGenix to Acquire Orthomimetics, a Developer of Collagen Biomaterials That Support Scaffolds for Cartilage, Meniscus, Ligament and Tendon Repair

      TiGenix, a privately held medical technology company based in Cambridge, the United Kingdom, will issue ~3.7MM shares to purchase all outstanding shares of Orthomimetics, for a transaction value of €16MM (US $23.8MM) on a debt and cash free basis.   Orthomimetics was founded in 2005 as a spin-out from the University of Cambridge and the Massachusetts [...]

Spinal Implant Can Ease Chronic Pain – Device Similar to Pacemaker, Doctors Say

        A spinal cord stimulator implant produces a tingling feeling to help reduce chronic pain without the use of medication.  http://ow.ly/C2gO

Depuy to Cut 280 Jobs at Leeds Medical Plant Site

  DePuy intends to phase out much of the work at its Leeds site.  Threat to 280 jobs at the site.  From the Yorkshire Post…  http://ow.ly/C27R

SpinalMotion Naps $27.4M in Series D Financing and Submits Lumbar Disc PMA

SpinalMotion, developer of the investigational Kineflex® lumbar and Kineflex/C® cervical disc implants for treating patients with DDD, reported that it has submitted the PMA to FDA for the Kineflex lumbar artificial disc. The company also announced that it has secured $27.4 million in Series D funding and reached 20% enrollment for a laterally placed lumbar artificial [...]

Covidien Introduces First FDA-Approved Spine Sealant

Covidien (NYSE: COV), announced the launch of DuraSeal™ spine sealant, the first product approved by the FDA for intra-operative sealing of the dural membrane during spine procedures.  Tears in the dura ─ the outermost membrane covering the brain and the spinal cord ─ can result in cerebral spinal fluid (CSF) leaks after surgery, leading to possible medical complications [...]

Ortho Kinematics Raises $3.5M and Relocates to Austin, TX

The Spine startup is commercializing the KineGraph VMA (Vertebral Motion Analyzer) to measure quantity and quality of inter-vertebral motion.   Investors include PTV Sciences, the State of Texas Emerging Technology Fund, and Gatebridge Investments. BusinessWire…   http://www.businesswire.com/portal/site/home/permalink/?ndmViewId=news_view&newsId=20091111005337&newsLang=en

Stryker Acquires OtisMed for $103M Total Including Future Milestone and Royalty Payments

                                Stryker Corporation (NYSE: SYK) announced today that it has acquired OtisMed Corporation, a privately held, software technology firm. OtisMed will focus on customizable instrumentation that has the potential to complement the many benefits that surgeons and patients realize from Stryker’s Triathlon Knee System.  OtisMed will operate as part of Stryker’s Orthopaedics Division and [...]

Wright Medical Receives FDA Approval to Market CONSERVE Plus Total Hip Resurfacing System

  StreetInsider.com…  http://ow.ly/AZzG

Alphatec Spine Pens Agreement With ETEX Corporation for Novel Biologics Products

             Alphatec now has access to EquivaBone, CarriGen and biologics in the ETEX pipeline.   EquivaBone is a proprietary combination of demineralized bone matrix (DBM) and nanocrystalline calcium phosphate that sets hard in vivo. CarriGen is a synthetic bone substitute. HealthPointCapital…   http://ow.ly/AZv2

Kosciusko County, the Orthopedic Capitol of the World, Is Concerned Over Medical Device Tax

   Kosciusko County says it’s bracing for a massive economic hit, if the House’s version of health care reform is eventually signed into law. The bill would impose a tax on companies that make medical devices, which are responsible for more than a third of the county’s economy. Fox28.com…    http://ow.ly/AZXQ

Titan Spine Appoints Accomplished Spine Surgeon Paul Slosar, MD as Medical Director

    BusinessWire…   http://ow.ly/AGHC

NuVasive Appoints New CFO and Announces Additional Management Updates

NuVasive’s new CFO, Michael J. Lambert , was recently the CFO of Advanced Medical Optics CNN…   http://ow.ly/AweY

Facet Solutions Pulls in $3.6M

  Hopkinton medical device firm Facet Solutions Inc. has raised $3.6 million, according to a filing with the U.S. Securities and Exchange Commission on Nov 5. MassHighTech…  http://ow.ly/Ata1 SEC Form D…   http://ow.ly/AwaB

PEEK Polymer Expands Orthopaedic Material Options

     Invibio launches new polymer. “The Motis polymer was formulated to maintain the low wear of metal-on-metal (MoM) constructions while providing enhanced stress distribution, design options and metal-free solutions,” says John Devine, PhD, Strategic Development Director, Invibio Biomaterial Solutions   DeviceLink…  http://ow.ly/At5S

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February 22, 2012

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