The Vertebroplasty Controversy – AAOS Fails to Consider New Research Offering Level 1 Evidence in Favor of Vertebroplasty

AAOS Fails to Consider New Research Offering Level 1 Evidence in Favor of Vertebroplasty (Press Release) Study finds vertebroplasty safe and clinically effective for patients with acute osteoporotic vertebral compression fractures (OrthoSuperSite) The Vertebroplasty Controversy –> Studies show that procedure is no better than control

Orchid Orthopedic Solutions Expands Memphis Facility

Orchid Design Expands Memphis Design Center – Orchid-Orthopedics.com (Press Release) Orchid Design, a division of Orchid Orthopedic Solutions, continues investment and expansion at the Memphis facility with strategic hires and investment in prototyping and test equipment.

Reinhold Schmieding Gives First Public Tour of Arthrex

Arthrex showcases success story during first-ever community tour (Naples News)

The Future of Orthopedics Is Smart Implants

On a dark cold morning in February 2018 the Orthopedic staff at Cleveland Clinic receives a worrisome email from one of their total hip patients, Samantha Ingram. However, this email was not written by Samantha but rather by Samantha’s hip replacement. The email from her hip implant explains that a local Staph [...]

Bacterin, Biologics Maker of Anti-Infective Coatings for Medical Applications, Secures $9M in Funding

Bacterin International Secures Up To $9 Million of Potential $14 Million of Financing (Press Release) Bacterin Closes Private Placement With Total Raise of $9.2 Million (Aug10- Press Release) Bacterin is a developer of anti-infective coatings for medical applications and revolutionary bone graft material

An Average 510(K) Clearance Now Costs $24M

Study: FDA 510(k) Clearance Costs $24M on Average (Becker’s) Read the full Stanford University report on FDA 510(k) clearance costs (pdf)

Sonoma Orthopedic Products, an MIS Fracture Repair Company, Raises $1.5M

Sonoma Orthopedic Products raises $1.5M (PressDemocrat.com) Santa Rosa medical technology startup Sonoma Orthopedic Products has raised $1.5 million in a new round of venture funding. Founded in 2005, the company has developed two implant devices for repairing fractures of the wrist and collarbone. An orthopedic surgeon implants the devices inside the bone using minimally-invasive techniques, [...]

Medical Devices Are Thriving in Memphis Including Investment, Jobs, and Innovation

Healthy Industry (Memphis Daily News) A few of the organizations driving Medical Devices in Memphis… Medtronic Sofamor Danek, Smith & Newphew Orthopedics, Wright Medical, Memphis Bioworks Foundation, InMotion Musculoskeletal Institute, Christie Medical, St Jude Research, Paradigm Spine, Showa Ika Kohgyo, Active Implants, Extremity Innovations, Dermagenics US, Memometal, Inc. USA, Extra Ortho, Orchid Orthopedics

50 New Spine Devices in 2010

50 Orthopedic and Spine Devices to Know (Becker’s Orthopedics and Spine) Here are 50 orthopedic and spine surgery devices that were either launched by device companies or approved by the FDA within the past year. The devices are listed in alphabetical order and were gathered from the FDA 510(k) Clearance list or through additional research. [...]

Early Results of Hyper-Flex Knee in Korea –> Clinical Results Are Same as Standard Total Knees

High-flexion and gender differences in total knee arthroplasty: Korean-population study questions benefits (OrthoSuperSite)

Are Device Firms Ready to Add Jobs? Symmetry May Be an Indicator

Are device firms ready to add jobs? (MDDI)

Medtronic’S New Way of Working With Surgeons With Fresh ideas… Submit Your Idea HERE.

Medtronic Launches European Web Portal to Stimulate Medical Technology Innovation (Press Release) Medtronic Launches European Inventor’s Portal (OTW) Medtronic Eureka

M&a Is Picking Up in Medical Device Sector

Analysis: Sluggish medical device sector ripe for mergers (Reuters) The stage is set for more dealmaking in the medical device sector, with companies eager to find faster growth amid a stubbornly weak economy and potential targets still attractively valued. The pace of acquisitions has quickened in recent months, and deals are getting a little heftier [...]

The Future of prosthetics… Osseointegrated Implants That Solve the Problem of the Socket

Implanting Artificial Limbs in the Body (MIT Technology Review) To date, many of the implants of this type have been performed in Germany, under the guidance of Horst Aschoff. His team has treated more than 50 patients over the last decade. Aschoff’s research shows that people with the lower-limb implants move more naturally than those [...]

What Is the Process of Creating Clinically Competent Med Device Sales People?

Creating Clinically Competent Medical Device Salespeople (OrthoSpineNews) http://www.perceptumgroup.com/

Arthrex to Distribute Kensey Nash’S Knee Cartilage Repair Scaffold in Europe

Kensey Nash and Arthrex Announce European Distribution Agreement for the Cartilage Repair Device

AAOS Guidelines for Spinal Compression fractures… What?

AAOS Clinical Guideline for Treating Spinal Compression Fractures Presents More Questions Than Answers for Medical Community (Press Release) Of the 11 recommendations made by AAOS, more than half are rated as “inconclusive.” AAOS made only one “strong” recommendation. It was against the use of vertebroplasty, a minimally invasive procedure that involves injecting bone cement into [...]

Synthes Acquires Anspach Surgical Power Tools

Synthes acquires Anspach (OrthoSuperSite) Synthes Acquires Line of High-Speed Surgical Power Tools (HealthPointCapital) Anspach is a $200M company that sells high-speed surgical power tools for use in neurosurgery, spinal and ENT surgery. Anspach has a global distribution network in more than 50 countries.

MAKO Surgical Raises $59M in Public Stock Sale

MAKO Surgical Corp. Announces Closing of Public Offering of Common Stock and Exercise of Underwriter’s Over-Allotment Option (Press Release)

Stryker Is Supoenaed for OtisKnee Marketing Practices

from Stryker’s 10-Q – Sept 30, 2010, In the third quarter of 2010, the Company received separate subpoenas from the U.S. Department of Justice related to the sales, marketing, and regulatory matters related to the OtisKnee device.

Smith & Nephew CEO Says to Get Ready to Submit More Clinical Data to the FDA

Smith & Nephew CEO Sees Toughened US Regulatory Environment (WSJ Online)

Elective Orthopedic Procedures Slowed Down in the Summer of 2010

Americans’ Reluctance to Seek Treatment Hurting Publicly Traded Healthcare Firms (Becker) Analysis: Hospitals feel pain as fewer patients seek care (Reuters)

Nation’s First Graduate Program in Orthopedic Regulatory and Clinical Affairs

OrthoWorx, Grace College launch orthopedic graduate program (South Bend Tribune) OrthoWorx has entered into an agreement with Grace College to launch the nation’s first graduate program in orthopedic regulatory and clinical affairs

UK Spine Company, Ranier, Gains CE Mark for Cadisc-L Lumbar Disc Replacement

Ranier Lumbar Disc Receives CE Mark (OTW) Ranier Technology raises $8M to commercialize the Cadisc-L in Europe (News Sept 12, 2010)

Symmetry Closes on $200M – $300M Credit Facility

Symmetry Medical Closes $200 Million Credit Facility, Agreement Includes a $100 Million Accordion Feature (Press Release)

CMS Rejects Request for More Specific Orthopedic Device Codes

CMS Rejects Request for More Specific Orthopedic Device Codes (Becker) In its final rule for outpatient procedures, CMS rejected a request to develop specific payment codes for some orthopedic implants, saying providers could assign charges to a C-code or an uncoded revenue line. In response, CMS stated, “We do not believe that this limits hospitals’ [...]

Chinese Government Approves Pricing & Reimbursement for NeoStem’S Arthroscopic Orthopedic Autologous Adult Stem Cell Based Treatment

Local Chinese Government Authorities Approve Pricing and Reimbursement for NeoStem’s Licensed Adult Stem Cell Treatments for Orthopedic Applications in China (Press Release) NeoStem holds an exclusive royalty-bearing, perpetual and irrevocable license to use the Regenerative Sciences, Inc. stem cell-based orthopedic technology in Asia, and is in the early stages of implementing operations designed to offer these [...]

Stryker Acquires the Surgical Division of Porex

Stryker Announces Acquisition of Privately-Held Porex Surgical (Stryker Press Release) Porex Corporation Divests Surgical Division to Stryker Corporation (Porex Press Release)

10 New Spine Surgery Systems From Becker’S Orthopedics & Spine Review

10 New Spine Surgery Systems (Becker’s) 1. Spartan PEEK suture implant system from ArthroCare. Spartan joins several other ArthroCare anchors that are compatible with ArthroCare suture passing technology. Spartan has a 5.5-mm screw-in design for stronger pull-out strength and can be used to perform single and double row repairs. 2. Kyphon Xpander II from Medtronic. [...]

Musculoskeletal New Ventures Conference 2010 – Money and Innovation Come Together in Memphis

Biotech inventors and investors to come together in Memphis (Commercial Appeal) Musculoskeletal New Ventures Conference

February 22, 2012

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