Intrinsic Therapeutics Raises $18 Million Round

Intrinsic Therapeutics Inc., a Woburn, Mass.-based spinal prosthesis maker, has raised $18 million out of a $20 million offering, according to a regulatory filing with the federal SEC. No new investors were listed on the filing. However, previous investors New Enterprise Associates and Spray Ventures were listed as board members, both firms have been [...]

Tight Financing for Medical Startups Will Be a New Focus at the InnoTech Conference in San Antonio

The InnoTech conference in San Antonio is adding a half-day to its normally one-day program, with the extra time devoted to the medical technology sector, a key part of San Antonio’s economy. The additional time will be needed because the financing side of medical technology startups is reaching critical condition. Venture capitalists and venture fund managers [...]

TGS Knee Innovations Seeks to Raise $1M to Develop a More Natural Joint Reconstruction

TGS Knee Innovations LLC (PLYMOUTH, Minnesota) is seeking to raise $1 million from the sale of equity. TGS, which stands for tissue guided surgery. So far, the company, founded by orthopedic doctors Gerard Engh and Wesley Johnson, has raised $600,000, the SEC documents show. According to patents awarded by the U.S. Patent and Trademark Office, [...]

Adult Stem Cells May Be Helpful in Spinal Cord Injury

Researchers at The University of Texas Health Science Center at Houston have demonstrated in rats that transplanting genetically modified adult stem cells into an injured spinal cord can help restore the electrical pathways associated with movement. In spinal cord injury, demyelination, or the destruction of the myelin sheath in the central nervous system, occurs. The [...]

The Value of PRP in Orthopedics

by Helen Pavlov M.D., F.A.C.R., Radiologist in Chief at Hospital for Special Surgery Platelet activation plays a key role in the process of wound and soft tissue healing. PRP, stands for Platelet Rich Plasma and is made from a portion of the patient’s own blood. The activated platelets are injected into the abnormal tissue, [...]

Robin Youngs Predictions at the 2010 Stem Cell Summit in NYC

The 2020 market for stem cells will be $8B, and 35-40% percent of that market will have direct orthopedic applications Over the past 5 years, ~ 60,000 patients have been treated with either allograft or autologous stem cells in the US Not one single patient has reported an adverse reaction [...]

Amedica Signs Joint Venture Agreement With Orthopaedic Synergy

Amedica Corporation, a spinal and orthopaedic implant and instrument company focused on unique silicon nitride (SiN) ceramic technologies, announced today an agreement with Orthopaedic Synergy, Inc. , a holding company for OMNIlife Science™ and Enztec, both global designers, manufacturers and distributors of leading edge reconstructive surgery implants and instrumentation. The Joint Venture Development Agreement [...]

Ascension Orthopedics Introduces the MOVEMENT Hemi Great Toe System

The MOVEMENT Hemi Great Toe System is intended to maintain motion for patients with painful arthritic great toe joints. Available in four sizes, the MOVEMENT Hemi Great Toe System provides cannulated instrumentation for ease of use and utilizes a conical reaming approach for minimal bone resection and retention of plantar soft tissue attachments. This system [...]

Memometal Technologies Acquires OrthoGlide Ankle Technology From Advanced Bio-Surfaces, Inc

Memometal Technologies S.A., a global extremity orthopaedic manufacturer headquartered in France, announced today that it has completed the acquisition of all the assets of Advanced Bio-Surfaces (ABS) Corporation’s OrthoGlide® Ankle Technology. “OrthoGlide Ankle Technology represents a new option for foot and ankle surgeons,” said Alan Taylor, General Manager of Memometal Technologies’ U.S. subsidiary, MMI-USA of [...]

Dr. James Marino, Founder & CEO of Trinity Orthopedics, Discusses His Company

The San Diego-based company aims to reduce the incidence of complications resulting from lumbar spinal surgery, such as nerve damage or degeneration of adjacent discs. Trinity’s products are already used in a number of medical centers in the U.S. The company recently introduced its first product system to the U.S. market, and plans to [...]

Industry and Public Weigh in on 510(k) Process

FDA hosted an all-day public hearing to gain feedback on its 510(k) process, looking specifically at issues of predicate devices, new technologies, submission volume and post-market surveillance. The event was webcast and opened to a packed house – in his intro, CDRH director Dr. Jeff Shuren said there were more than 400 people in [...]

Anulex Technologies Announces the Launch of the Xclose Plus Tissue Repair System and Achieves 7,300 Patients Treated Milestone

Anulex Technologies, Inc., a privately held medical device manufacturer focusing on spinal disc Preservation & Anular Repair™ products, announced the commercial availability of the Xclose™ Plus Tissue Repair System at the AANS/CNS Joint Section on Disorders of the Spine and Peripheral Nerves meeting in Orlando, Florida. The Xclose system has been used in over [...]

Pioneer Surgical Technology, Inc. Announces New CTO

Jeff Millin, CEO of Pioneer Surgical Technology, with corporate headquarters located in Marquette, MI, announces the appointment of Qibin “Chip” Bao, Ph.D. to the position of Chief Technology Officer. PRNewsWire… http://ow.ly/19IVf

OnBioVC’S 2009 Year-in-Review Trend Analysis Now Available – Free Download

OnBioVC Key Findings in 2009 352 bioscience venture funded financings raised $6.3 billion The bioscience public markets thawed, welcoming five new issues 25 biopharma M&A transx >$100M accounted for $221.5 billion Free Download Here… http://goo.gl/fb/5iLi

Platelet Rich Plasma (PRP) Therapy Effective Treatment for Tendon Problems

The use of the platelet rich plasma in orthopedic conditions is becoming more popular. Judicious use of this technique appears to provide more rapid return to function and relief of painful inflammatory symptoms. PRP Created From Patient’s Blood Preparation of PRP is simple PRP stimulate tendon healing Accelerated Healing SpaceCoastMedicine… http://ow.ly/191dJ

New Material Mimics Bone to Create Better Biomedical Implants

A “metal foam” that has a similar elasticity to bone could mean a new generation of biomedical implants that would avoid bone rejection that often results from more rigid implant materials, such as titanium. Researchers at North Carolina State University have developed the metal foam, which is even lighter than solid aluminum and can [...]

Cartilage Replacement Using the Body’s Own Cells: Fast, Affordable and a Perfect Fit

German Professor Dr. Prasad Shastri is an expert in tissue engineering (TE), and is employing tissue construction and tissue cultivation using the body’s own cells. In their article published in the renown American journal PNAS, Dr. Prasad Shastri and his co-authors present a strategy for the “de novo engineering” of cartilage and bone tissue which requires only [...]

OrthoCor Medical: Trying to Get a Leg Up

Using magnetism and heat, OrthoCor Medical’s device is designed to provide help for battered knees. Located in the University Enterprise Laboratories business incubator in St. Paul, the tiny three-person firm is on the cusp of rolling out its core (and so far, its only) product — a unique knee brace that, according to the company, [...]

Fractured Evidence: Spine Repair Debate Heats Up

Spine physicians swear that inserting a large-gauge needle into fractured vertebrae and injecting a cement compound to stabilize the bone hastens healing and helps relieve the often-crippling pain of compression fractures brought on by osteoporosis or metastatic disease. But two recently-published, randomized controlled trials — the gold standard of evidence-based medicine — say otherwise. As [...]

Stryker Releases “Personalized” Hip

The Rejuvenate Modular Primary Hip System is designed to recreate the anatomy and hip biomechanics of individual patients. Stryker says the system is comprised of separate femoral stem and neck components and offers a variety of sizing options intraoperatively. By allowing the surgeon to independently manage leg length, neck version, and femoral offset, the [...]

Has Orthovita’S Fight Finally Ended?

Orthovita had spent the past eight years building up a small commercial pipeline while it ran its flagship bone augmentation material Cortoss through years of a demanding clinical trial. But two months after the FDA approved the product, the company had to clear another unforeseen hurdle……two controversial clinical trials. Medical Devices Today… http://ow.ly/177gg

Bacterin Completes $3M Private Placement to Develop Biological Scaffolds for Orthopedic Indications

Bacterin International, Inc. (Bacterin), a developer of biological scaffolds for orthopedic indications, today announced the completion of a $3 million private placement of Secured Convertible Promissory Notes led by Middlebury Securities, LLC Proceeds from the raise will be used to repay approximately $800,000 of existing debt and the remainder will be used to expand the [...]

CareFusion to Challenge Medtroninc in Spine-Repair Market

CareFusion Corp. (Nasdaq: CFN) is planning to soon roll out products for repairing spinal fractures that will create fresh competition for Medtronic Inc.’s spine franchise. CareFusion, a recent medical-devices spinoff from Cardinal Health Inc., is aiming to enter the U.S. market for so-called Kyphoplasty procedures in April pending final regulatory approval, Chief Executive David Schlotterbeck told [...]

Life Sciences Venture Capital Funding Overcomes Record Lows, Outpaces Other Sectors

Medical device and biotech industries captured the largest share of overall venture capital during 2009. In the last quarter of 2009, biotechnology investments totaled $1 billion in 108 deals with another $719 million going into 87 medical device and equipment deals. Biotechnology funding declined by 7 percent year over year, primarily due to a drop [...]

Spine Startup Osseon Gets Traction With Its Osseoplasty Cavity Creation System

Osseon Therapeutics (Santa Rosa, CA) has reached break-even in three short years, and its bone cement delivery system is in high demand among physicians and surgery centers, said a company spokesman. After obtaining FDA approval and launching its Osseoflex system last year, Osseon has passed its 530th case and is one of only two companies [...]

Transplated Bone and Cartilage Surgery May Reduce Need for Hip Replacement in Young Trauma Patients

Orthopedic traumatologists from HSS have developed a new surgery using transplanted bone and cartilage—one that may help young patients avoid a hip replacement after a traumatic injury to the hip joint. In accidents such as motor vehicle collisions or falls from a ladder, the femur can be forced to dislocate beyond the socket, often causing a [...]

‘Silent Hip’ Ushers in a New Era in Joint Replacement Procedures in India

MIOT Hospital has performed the first ‘silent hip’ procedure on an Indian patient. The ‘silent hip,’ a refinement of the pre-existing thrust plate, and is made of titanium coupled with a delta ceramic bearing that seems to have worked well on the patients on whom it has been used so far, globally. The patient can begin to [...]

Smart Coating Opens Door to Safer Hip, Knee and Dental Implants

Researchers at North Carolina State University have developed a “smart coating” that helps surgical implants bond more closely with bone and ward off infection. When patients have hip, knee or dental replacement surgery, they run the risk of having their bodies reject the implant. But the smart coating developed at NC State mitigates that [...]

Startup Firm Hopes for Success With Knee Brace

Located in the University Enterprise Laboratories business incubator in St. Paul, the tiny three-person firm is on the cusp of rolling out its core (and so far, its only) product — a unique knee brace that, according to the company, provides temporary relief of joint pain and arthritis and, longer term, reduces swelling and pain. [...]

Zimmer NexGen Knee Implant 9% Failure Rate, 36% Loose, 50% with Pain! – A Recall is Needed! (Injury Blog) Grassley’s letter to Zimmer Zimmer Gets Grassley Request for Reports on Product Complaints (Bloomberg) Now Zimmer has received a request from U.S. Senator Chuck Grassley asking for complaint files reported by consultants or contractors since 2008, along [...]

Consensus Orthopedics Secures $3.5M Credit Facility From US Capital Partners

The financing facility will be used for working capital liquidity as well as other general corporate purposes to support the company’s continued domestic and international growth. The new credit facility included a revolving line of credit for both domestic and international assets along with a growth capital term loan for expansion. “We have continued to [...]

Dr. Anthony DiGioia Gives an Overview of Robotic and Navigational Technology in Orthopedics

Two technologies — semi-active (collaborative) robotics and patient-specific templating — are currently attracting most of the attention. Coupled with less-invasive surgical techniques and innovative implant design, they offer new opportunities for surgeons to develop more reliable, efficient and accurate practices. OrthoSuperSite… http://ow.ly/13N1G List of Robotic and Computer Aided Surgery Startups http://orthostreams.com/?page_id=1122

Cartilage Repair With a Bioactive Nanomaterial at Northwestern University

Northwestern University researchers are the first to design a bioactive nanomaterial that promotes the growth of new cartilage in vivo and without the use of expensive growth factors. Minimally invasive, the therapy activates the bone marrow stem cells and produces natural cartilage. No conventional therapy can do this. “Our material of nanoscopic fibers stimulates [...]

NiCast Wins EU Funding to Develop New Spinal Disc Polymers

Polymer nanofabrics developer NiCast Ltd. has obtained a three-year €4 million grant from EU Seventh Framework Progamme for Research and Development to head a consortium that will develop a spinal disc product. NiCast will head a group of ten companies and research institutes, and the company’s share of the grant is €600,000. NiCast produces [...]

Intralink-Spine Inc. Awarded $750,000 Small Business Innovation Research Phase II Grant

Intralink-Spine (ILS) is a company formed to develop, manufacture, market, and sell a tissue modifying reagent that can be injected into the intervertebral disc of the human spine to increase crosslinking in the native collagen matrix. ILS, a privately held medical device company focused on the treatment of degenerative disc disease and low back [...]

February 22, 2012

Categories

Lists

Editor – Tiger Buford

Recruiting Partner

most popular this week

Monthly Articles

Blogroll

Support OrthoStreams

Newsletter Signup