Surgeons Prefer 3-Cycle HA Viscosupplement Injections Over the New 1-Cycle Injections

  Hyaluronic Acid Products from Genzyme, Sanofi-Aventis Preferred Among Orthopedic Surgeons, According to Survey (press release) According to a comprehensive global survey of orthopedic surgeons conducted by iData Research (www.idataresearch.net), the leading authority in medical device and pharmaceutical market research, orthopedic surgeons prefer 3-cycle hyaluronic-acid viscosupplementation (HA) treatment in the U.S., Europe and Latin Ameica, but are [...]

Top 10 Things Learned in Orthopedic Surgery – Adventures in PA Rotations

Article reprint from AdvanceWeb.com – author is Timothy Loerke, a PA student in Fort Worth ======================================================= If you are interested in surgery, and orthopedics is not on the list, you might want to reconsider. This field is packed with fun cases that require mechanical ingenuity, and the PAs are well utilized in the clinic and OR. [...]

Synthes Partners With Materialise in Cranio-Maxillofacial Surgery

Synthes Partners with Materialise in Cranio-Maxillofacial  Surgery (press release) This is an exclusive partnership for the development and distribution of Materialise’s solutions for Cranio-Maxillofacial (CMF) surgery. Link to Products    

Meet the New President at DePuy Spine, J&J Insider Namal Nawana

DePuy Spine appoints new worldwide president (OrthoSuperSite) The DePuy Family of Companies of Johnson & Johnson announced in a press release today that Namal Nawana has been appointed to the position of worldwide president of DePuy Spine. Nawana has been with Johnson & Johnson and the DePuy Family of Companies for more than 13 years, [...]

Disc Replacement Is Better Than Spine Fusion in Terms of Cost and Outcomes

  Disc replacement may offer advantages in cost and outcomes over spinal fusion (OrthoSuperSite) Study revealed that patients who underwent disc replacement had hospital costs that were 49% lower at 1 year and were four times less likely to need additional surgery at 4-year follow-up compared with those who underwent spinal fusion.  (SAS Journal of [...]

Zimmer Cuts Jobs, Plans Plant Closure in Restructuring Move

Zimmer Cuts Jobs, Plans Plant Closure In Restructuring Move (WSJournal) Zimmer cuts jobs in Warsaw (Journal Gazette – Warsaw) Zimmer to cease Statesville operations (Statesville Record & Landmark) Warsaw based Zimmer has cut more jobs. The job cuts were part of a reorganization that began in December, and the company hasn’t said how many people [...]

Interested in Buying Any of Inion’S Assets?

Inion Ltd (Finland) was once a promising new trauma company with resorbable bone plates.  Inion raised a total of $100M in VC funding before their IPO on the London Stock Exchange (LSE: IIN.L).   Stryker distributed their implants in the US. Richard Wolf Medical Instruments distributed resorbable Sports Med products in the US.  And Aesculap and Citagenix [...]

Rachiotek Acquires the Assets of the Bankrupt Applied Spine Technologies

Rachiotek LLC Acquires Assets of Applied Spine Technologies, Inc. (OrthoSpineNews) Startup Losers in 2010/2009  

Personalized Partial Knee Replacements: An Alternative to Total Knee Replacement

Personalized Partial Knee Replacements: An Alternative to Total Knee Replacement (Beckers)  

Medical Device Tax: AdvaMed Asks IRS to Define “manufacturer”

Medical device tax: AdvaMed asks IRS to define “manufacturer” (MassDevice) Indiana Senator leading the charge to repeal the new 2.3% Medical Device tax Orthopedic device industry rattled by proposed tax    

List of 10 Recent Orthopedic Partnerships and Acquisitions

10 Recent Orthopedic and Spine Device Company Partnerships and Acquisitions (Beckers) Biomedical Structures, a biomedical textiles provider, acquired Concordia Medical, a medical implant technology provider. DJO Global acquired Dr. Comfort, a therapeutic footwear company focused on solutions for diabetic patients, for $254.6 million. DJO Global acquired Elastic Therapy, a medical compression therapy products manufacturer, for an undisclosed amount. [...]

BlackRock Has Become the #1 Investor in S+N With a 5% Stake

Orthopedic device maker Smith & Nephew: BlackRock now top investor (MedCityNews) The world’s largest asset management firm, BlackRock Inc., boosts its position in Smith & Nephew to nearly 45 million shares, making it the orthopedic company’s largest institutional shareholder at 5%.      

Japan Earthquake: What Is the Risk for Orthopedic Stocks?

Japan Earthquake: Risk for Medical Technology Stocks? (WSJ)

Corin-MAKO: Five-Year Global Distribution Agreement

Corin-MAKO: five-year global distribution agreement (Corin) Corin has entered into a five-year global distribution agreement with MAKO Surgical Corp. Under the terms of the agreement, Corin will supply MAKO with a hip implant system for use with MAKO’s RIO® Robotic Arm Interactive Orthopedic System. Corin’s implant system will include the MetaFix hip system and the [...]

6 Ways Evidence-Based Medicine Impacts Orthopedics

6 Ways Evidence-Based Medicine Impacts Orthopedic and Spine Surgery (Beckers) Reprint from Becker’s Orthopedic and Spine Review – March 22, 2011 ================================================= The recent focus on evidence based medicine throughout the medical field has prompted both challenges and opportunities in orthopedics. “I think there will be much more scrutiny in the future of the value [...]

Core Essence Orthopedics Naps $11.5M for Minimally Invasive Soft Tissue Repair

Core Essence Secures $11.5 Million Series B Financing (FierceMedicalDevices) Core Essence Orthopaedics, Inc. (CE Ortho) is a privately held orthopaedic device company focused on the development, manufacturing and commercialization of solutions for minimally invasive soft tissue and arthroscopic musculoskeletal repair for the extremity market http://www.ceortho.com        

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14 Reasons Commodity Implants Yield Big Savings

14 Reasons Commodity Implants Yield Big Savings for Orthopedics and Spine (Beckers) Reprint from Becker’s Orthopedic and Spine Review – March 16, 2011 ================================================= Richard A. Kube, MD, CEO of Prairie Spine & Pain Institute in Peoria, Ill., explains how commodity implants, which are simpler and less expensive than premium implants, can yield big savings [...]

Smith & Nephew Sues Fired Engineers for Conspiracy to Steal Secrets for $56M

Smith & Nephew Sues Fired Engineers for Breach of Contract, Other Alleged Offenses (Memphis Flyer) Smith & Nephew Files Suit Against Former Employees (Memphis Daily) Smith & Nephew is suing nine former employees for $56 million or more over breach of contract, misappropriation of trade secrets, civil conspiracy, and other allegations related to a knee [...]

How Will the Japan Earthquake Affect Orthopedic Sales?

How the Japan Earthquake Will Affect the Musculoskeletal Industry (HealthPointCapital) Sector Snap: Orthopedic device makers and Japan (Boomberg) The devastating earthquake in Japan has left the nation in crisis. Even when the country begins to recover, there could be a lingering impact on medical device sales, which some estimates place at up to 10% of [...]

Want to Buy an Electrically Conductive Interlocking Nail System? it’S for Auction on March 31

The Electro-Nail – Better Design for Faster Healing. ICAP Ocean Tomo Announces Auction of an Advanced Electro-Nail Implant System for Electro-Magnetic Bone Stimulation in Orthopedics (press release)    

Indiana Senator Leading the Charge to Repeal the New 2.3% Medical Device Tax

Senator Coats Holds Orthopedics Roundtable In Winona Lake (Times-Union) Under the health care law passed in 2010, orthopedic device makers will get hit with a 2.3 percent excise tax. Senator Dan Coats (Indiana) is the co-sponsor of the “The Medical Device Access and Innovation Protection Act” that would immediately repeal the tax.

Manufacturing Accelerates for Dr. Zirkle’S IM Nail Designed for Use in the 3rd World

Orthopedic nail production to increase in Richland (TheNewsTribune.com) The SIGN IM nail is designed for 3rd world hospitals and does not require power or a C-arm for implantation. Dr. Zirkle founded SIGN in 1999 as a volunteer. The 14-employee Richland, WA charitable, nonprofit organization manufactures locking intramedullary (IM) nails used in the tibia, femur and [...]

FDA Rejects Medtronic’S Amplify Spine Device Application

FDA Issues Non-Approvable Letter for Medtronic’s Amplify (HealthPointCapital) FDA scotches Medtronic’s Amplify spine device application (Mass Device) FDA Rejects Amplify (OTW) The FDA rejects an approval application for Medtronic’s Amplify spinal device over concerns about links between cancer (about 3% more in the treatment patients) and the bone morphogenetic protein used in the device.

List of 36 New Orthopedic 510(k)s Cleared in February

36 Orthopedic and Spine Devices Receive FDA 510(k) Clearance in February (Beckers) 1. Polaris Spinal System from Biomet Spine. 2. Talon spinal System from Spine 360. 3. Modular Dual Mobility Liner, X3 Acetabular Insert from Howmedica Osteonics. 4. InterFuse DA Interbody Fusion System from Vertebral Technology. 5. Golden Gate Anterior Plate System from Ulrich GMBH [...]

British Orthopaedists Claim That the DePuy ASR Revision Rate Ranges From 21% at Four Years to 49% at Six Years

J&J Hip Failure Rate as High as 49 Percent, U.K. Doctors Say (Bloomberg) The British Orthopaedic Association and the British Hip Society said in a statement this week that data on the ASR XL Acetabular System from four surgeons show the rate of second operations, or revisions, ranges from 21 percent after four years to [...]

Pipeline Biomedical Raises Another $8M to Develop Orthopedic Implants for Use in Navigation

Another $8m in Pipeline’s Biomedical pipeline … (Wired VC) Cedar Knolls, NJ based Pipeline Orthopedics focuses on the design of high tech orthopedic implants manufactured from novel biomaterials, for use with navigation and robotic bone preparations. This business concentrates on adult reconstructive total joint implants of the hip, knee and shoulder. http://pipelinebiomed.com/    

FDA Public Workshop on June 2011 in Dallas, “The Future of Medical Products Regulation: Ensuring Safety and Integrity in a Global Market”

FDA will hold a 2-day public workshop, “The Future of Medical Products Regulation: Ensuring Safety and Integrity in a Global Market,” Dallas, TX, June 20-21, 2011. (FDA)    

The President of DePuy Resigns, Will Leave at End of the Month

JOHNSON & JOHNSON ANNOUNCED DAVID FLOYD RESIGNED (JNJ) (Reuters) President of J&J’s DePuy Orthopaedics Unit to Leave (WSJ) Johnson & Johnson  announced that the company’s orthopedics unit president, David Floyd, resigned and will leave the company at the end of the month.  

BoneGrafix, a Synthetic Bone Substitute Startup in Baltimore, Gets a Boost From Global Biotech

Rockville Startup BoneGrafix Gets Boost from Global Biotech (CityBizList Baltimore)    

Bacterin International, the Bone Grafting Innovators, Begins Trading Under the Symbol “BONE”

Bacterin International Holdings, Inc. Receives Approval for Listing on NYSE Amex (press release) Bacterin, biologics maker of anti-infective coatings for medical applications, secures $9M in funding Bacterin Completes $3M Private Placement to Develop Biological Scaffolds for Orthopedic Indications  

State of Ohio Funds AxioMed’s 2nd Product, a New Cervical Discew Disc

  Ohio Funds AxioMed’s New Disc (OTW) Entrepreneurs powering Cleveland makeover (Reuters) The State of Ohio is giving AxioMed Spine a $500,000 loan to launch its 2nd product, an artificial cervical spine disc.   AxioMed has already received a $750,000 Innovation Ohio loan from the state’s Third Frontier Project in late 2007 to expand the [...]

Tornier Introduces 4 New Joint Repair and Soft Tissue Repair Products

Tornier Introduces 4 New Orthopedic Products (Beckers) •    Ascend Shoulder bone-sparing implant system, designed to match the internal contours of the humerus, minimize bone removal and avoid disrupting vital tendons •    Stabilis ankle fusion system, which provides surgeons with multiple plating options to stabilize the ankle joint for anterior or lateral fusion and includes instrumentation [...]

The “Device Gap” Between EU and US Is Heating Up

FDA’s Shuren Ignites EU Spat (OTW) “We don’t use our people as guinea pigs in the U.S.”,  Shuren told reporters. “I am deeply concerned that a senior official of the FDA should publicly discredit the regulatory system in Europe in this way,” wrote Coggi.        

Why It costs… $24,200 for a Knee Replacement

    Why it costs…  $24,200 for a knee replacement (Washington Post)     Adding up the charges: $4,500 Artificial knee $500 Radiology $600 Nurses and technicians $2,400 Surgeon $1,200 Anesthesia $600 Medical and operating supplies $2,500 Operating room charge (varies by hospital and length of surgery) $700 Recovery room charge $11,000 Hospital stay (average [...]

February 22, 2012

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