How Long Can Artimplant Continue to Lose Money?

Artimplant’s CFO resigns (Press Release)

Metal-on-Metal Hip Replacement Guidance From the AAOS

Metal-on-Metal Hip Replacement: Orthopaedic Surgeons Provide Awareness and Information to Patients, Medical Community At-Large (AAOS)

M&a Activity Is Making a Comeback in Orthopedics in 2011

Medtech Report Shows M&A Values Increasing (HealthPointCapital) The musculoskeletal sector has been on the upswing, with 11 deals in 1H:10 valued at about $417 million, based on publicly available information, which compares to a mere one deal in 1H:09, valued at $47 million.

Collagen Matrix Is Expanding Facilities in New Jersey

Collagen Matrix, Inc. Expands Operations and Moves Corporate Headquarters to Oakland, New Jersey (Press Release) Shu-Tung Li, Founder and CEO of Collagen Matrix, Inc. Honored as 2009 New Jersey Executive of the Year

K2M Introduces Lateral MIS Spine System

K2M Leaps Into Far Lateral Market (OTW) The RAVINE Lateral Access System was one of the new products announced at this year’s North American Spine Society (NASS) 2010 annual meeting. This is the first product introduced by the company for the far lateral market and also expands K2M’s focus on minimally invasive products. So what [...]

NASS Report Card From Canaccord Analyst Bill Plovanic

“Change” has come to the spine market, and we see a significant impact to the surgeon, the hospital, the implant manufacturer, and the patient. • The major product trends that were obvious came with the increased offering of lateral access fusion approaches and an improved outlook for cervical discs. • We obtained additional clarity from [...]

UMass Develops an Inexpensive, Synthetic Bone Called FlexBone to Aid in Tissue Grafting

Synthetic FlexBone Could Help Speed Bone Transplant Recovery (ScienceDaily) Smart orthopedic implants, self-fitting tissue scaffolding created by UMMS researchers (PhysOrg.com) University of Massachusetts Medical School has developed a new type of tissue and bone scaffolding polymer – biodegradable safely reabsorbed by the body as it breaks down over time, heat activated, malleable, with nanoparticle core and shape [...]

Alphatec Spine Licenses Merlot OrthopediX’S Novel Bone Anchoring System for Spine

Merlot OrthopediX Enters into Exclusive Global Agreement with Alphatec Spine to Develop and Market Merlot’s Bone Anchorage Technology for the Treatment of Spine Disorders (Press Release)

FDA Chief Hamburg Talks About the Process to Reshape the 510(k) Clearance System

FDA chief Hamburg details 510(k) reform path (MassDevice) The FDA is conducting its own review along with a $1.3 million, FDA-commissioned report from the Institute of Medicine. Click here to listen to Hamburg’s speech. You can also download an MP3 podcast of the speech by right-clicking. (MassDevice)

FDA Advisory Committee Chair, Dr. John Kelly, Weighs in on ReGen Controversy

FDA Advisory Committee Chair Weighs in on L’Affaire ReGen (WSJ) Device Manufacturer Says Politics, Not Science is Driving FDA’s Actions (ReGen Press Release) FDA Determines Knee Device Should Not Have Been Cleared for Marketing (FDA) FDA Panel Questions the Benefits of Regen’s Menaflex Meniscus Repair Implant – March 2010 This is a dangerous precedent.   What [...]

Med Tech Venture Funding From a Minneapolis Perspective

Weak venture funding shows ‘capital shortage’ (Minn Star Tribune)

Pioneer Surgical to Open a New Manufacturing and Distribution Facility in Ireland by the End of 2011

Pioneer Goes Irish (OTW)

Smith and Nephew and Nanotope Agree to Collaborate on Development of Cartilage Regeneration Technology

Arrowhead Portfolio Company, Nanotope, Inc. Enters Agreement with Smith & Nephew for the License and Development of Cartilage Regeneration Technology (Press Release) Nanotope website - Nanotope is developing a suite of products, each customized to regenerate specific tissues; including neuronal, vascular, bone, myocardial, and cartilage. The products are injectable compounds that work with surviving cells in [...]

The American Joint Replacement Registry Starts With 15 US Hospitals

Keeping Tabs on Implants (WSJOnline) National joint replacement registry to launch this month (MassDevice) This new Registry, initiated by the AAOS, will track basic details about patients, doctors, hospitals and implants.  It may serve as an “early warning system” for implant issues.

Stanmore Implants Acquires Acrobot, a UK Robot Surgery Company

Stanmore Implants Worldwide Buys Robot Surgery Co Acrobot (Dow Jones) Stanmore Implants Worldwide, a privately-held maker of specialized orthopedic implants, said Wednesday it acquired medical device company Acrobot for an undisclosed sum

DePuy Spine to Distribute Osseon’S Steerable VCF Needle in the US

Osseon® Therapeutics, Inc. Signs Distribution Agreement with DePuy Spine, Inc. (Press Release)

Cardo Medical, a Knee, Hip & Spine Company, Cuts Staff in Half After Failing to Find Funding

Cardo Medical, Inc. Announces Layoffs (Press Release) Cardo Medical, Inc. (OTCBB:CDOM), sells knee, hip and spine implant systems. Cardo Medical acquired the assets of Vertebron in October 2009. Cardo terminated 15 of its 30 employees in varying functions and that its CEO, Andrew Brooks, M.D. and COO, Michael Kvitnitsky have agreed to forego their salaries for [...]

Pioneer Surgical Acquires Distribution Rights to SpineSmith’S Cervical Plate System

Pioneer® Surgical Technology, Inc. Announces Agreement to Acquire Exclusive Access to the Cequence™ Cervical Plate System From SpineSmith, LP (Press Release)

DGIMed Ortho Completes First-in-Man Use of DISTALOCK Titanium Femoral Intramedullary Nail System in US

DGIMED ORTHO Announces First U.S. Use of DISTALOCKTM IM Nail System (Press Release)

DiFUSION Completes Rabbit Study Demonstrating CleanFUZE Polymer Prevents Infections

DiFUSION Technologies Completes Successful Antimicrobial Implant Animal Trial (Press Release)

2010 Best Spine Technology Award Winners

Orthopedics This Week Announces 2010 Best Spine Technology Award Winners (Press Release) Biomaterials Advanced Biologics, LLC OsteoAMP Antibacterial Ceremed Inc. AOC™ Technology Amedica Corporation Valeo AL Spinal Spacer Cervical Care Aspen Medical Products, Inc. Vista TS Amedica Corporation Valeo C Spinal Spacer Interventional Spine, Inc. PERPOS Cervical System Diagnostic & Imaging Axial Biotech, Inc. ScoliScore™ [...]

7 Healthcare Reform Changes Affecting Orthopedic Surgeons

7 Healthcare Reform Changes Affecting Orthopedic Surgeons (Beckers) 1. Physician owners of specialty hospitals. 2. Affiliations with hospitals to form ACOs 3. Prosecution for fraud or abuse. 4. Compliance plan requirements. 5. Provide notice for imaging equipment usage. 6. Rehabilitation services must be available. 7. Rehabilitation medicine caps extended.

NuVasive Sues Globus Medical for Patent Infringement of LLIF Products

NuVasive Announces XLIF(R) Clinical Evidence at NASS and Initiates Patent Infringement Lawsuit Against Globus Medical, Inc. (Press Release)

Biomimetics Therapeutics Plans a $20M Facility Expansion to Prepare for 2011 Launch of it’S First Product – Augment Bone Graft

Biotech firm plans $20M expansion (Nashville Business Journal)

TiGenix Pulls in Another UK Grant for Its Cartilage Cell Expansion/re-Implantion Technology

Another Grant for TiGenix (OTW)

Materialise Launches Interactive Pre-Op Planning Tool for CT/MRI Images

Materialise Launches SurgiCase(R) Orthopaedics: A Comprehensive, Custom Solution That Assures Best Practices For The Orthopaedic Surgeeon (Press Release)

Alphatec Spine to Distribute Creaspine’S Isoform Interbody Spacer

Five-year Distribution and Licensing Agreement executed between CREASPINE® SAS and SCIENT’X SA (Press Release)

MiMedx Group Announces a Proposed $5M in Private Placement

MiMedx Group Announces Proposed $5,000,000 Private Placement (Press Release)

Wright Medical to Pay Feds $7.9M Concluding 3 Years of Investigation

Wright Medical to pay feds $7.9M (Memphis Business Journal) Wright Medical Settles with Government, Enters 5-Year CIA (HealthPointCapital)

February 22, 2012

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