New Operating Table Makes the Anterior Approach to Total Hip Replacement Easier

Princeton Baptist Medical Center, a member of the Baptist Health System in Birmingham, AL, is revolutionizing regional orthopedic care by offering anterior hip replacement using the hana hip and knee arthroplasty table. (MDNews) Allowing for a minimally invasive approach to total hip replacement, use of the hana hip and knee arthroplasty table provides a faster [...]

The Feds OK Synthes’ Divestiture of Norian to Kensey Nash… Sort Of

Synthes’ deal with Kensey Nash seems OK with feds (Philly.com) Without saying they approve or disapprove of such deals, the federal officials supervising the Synthes Inc. divestiture of its Norian subsidiary’s assets have indicated – sort of – that Tuesday’s $22 million sale to Exton-based Kensey Nash is acceptable. Synthes, the medical-device manufacturer near West [...]

List of 100 Orthopedic Ambulatory Surgery Centers in the US

100 Orthopedic- and Spine-Driven ASCs to Know (compiled by Leigh Page @ Beckers) This is a list of orthopedic- and spine-driven surgery centers researched and compiled by our editorial staff. Surgery centers do not pay and cannot pay to be selected for inclusion on this list. This list is not an endorsement of any individual’s [...]

X-Rays Before Hip Arthroscopy May Predict the Need for Total Hip in the Future

Radiographic findings may be used to predict likelihood of THR following THA (OrthoSuperSite) Preoperative radiographs may be effectively used to gauge the prognosis for patient outcomes as they relate to osteoarthritis following arthroscopy for femoroacetabular impingement, according to a study presented at the 2011 Annual Meeting of the American Academy of Orthopaedic Surgeons. Presence of significant joint space [...]

List of 70 Outstanding Hip Surgeons and Specialists in the US

70 Outstanding Hip Surgeons and Specialists (compiled by Laura Miller @ Beckers) The following hip specialists were selected for this list based on the awards they received from major orthopedic organizations, leadership in those organizations, work on professional publications and positions of service held at hospitals and practices. The surgeons are listed in alphabetical order [...]

Stryker Cuts 142 Jobs in Ireland as a Result of Combining Plants

A setback for Medical Device Jobs in Ireland (Pharceutical Jobs) US medical device and orthopedic implant maker Stryker has decided to cut 142 jobs in Ireland. The company has chosen to consolidate its medical instruments and orthopaedic plants which are located at the IDA Industrial Estate at Carrigtwohill into one plant as part of a restructuring [...]

Kensey Nash Buys Synthes Divested Norian Business for $22M

Kensey Nash buys Swiss device maker’s unit for $22 mln (Reuters) rd Synthes sells Norian to Kensey Nash (Philly.com) Synthes to pay $23M fine and divest the Norian business… next comes executive sentencings Medical device maker Kensey Nash Corp said it bought the assets of a unit of Synthes Inc for $22 million in cash. [...]

Orthopedic Balloon Startup Raises $2.6M to Treat Shoulder

Orthopedic balloon co Ortho Space raise $2.6m (Globes) Ortho Space Ltd. has raised $2.6 million at a company value of $11.5 million, after money. TriVentures LP led the round. Ortho Space is a subsidiary of Bioprotect Ltd. Both companies are graduates of Xenia Venture Capital Ltd. (TASE:XENA) incubator. Ortho Space’s balloons are used to treat torn [...]

The 6 Biggest Concerns of Physicians in the Wake of Healthcare Reform (By Dr. Stephen Hochschuler)

Dr. Stephen Hochschuler: 6 Points on Healthcare Spending for Spine and Orthopedics (Beckers) Stephen Hochschuler, MD, co-founder of Texas Back Institute and former president of the Spine Arthroplasty Society. 1. Lowering the high cost of implants and devices. 2. Disarray of the FDA. 3. Managing healthcare entitlement programs. 4. Patient control over healthcare spending. 5. [...]

Integra LifeSciences Acquires SeaSpine for $89M

Integra LifeSciences Acquires SeaSpine (press release) Price is 1.8 X 2010 sales of $50M Integra Spine Doubles Its Distribution Network and Revenue Base in Spinal Hardware Kirt Stephenson Joins Integra as President, U.S. Spine Integra LifeSciences Holdings Corporation (Nasdaq:IART) today announced that it has acquired SeaSpine, Inc., a provider of high quality, innovative products for the spine [...]

Medical Device Startups Have Become Riskier for Venture Capitalists

Venture capitalists say investing in a medical device start-up has gotten riskier (StarTribune) Investing in a medical device company these days does not come cheap. Venture capitalists said at a panel during Thursday’s MedTech Investing Conference in Minneapolis that the cost and risk of bringing medical device start-ups to market has gotten so expensive, it has [...]

Get Ready for Generic Implants in Orthopedics – Quality Legacy Products + No Sales Rep

Low-Cost Orthopedic Device Firms Aim To Shake-Up Market (Wall Street Journal) Generic Orthopedic Implants’ Time Has Come (Written by Blair Rhode, MD) Generic Implants Hit Market (OTW) List of 5 Generic Implants makers: Ortho Direct USA (Hip, Knee, Spine) http://www.orthodirectusa.com/ White Box Orthopedics (Hip, Knee) http://whiteboxortho.com/ Emerge Medical (Trauma) http://www.emergemedical.com/news.html Convenant Orthopedics (?) [...]

2 Autologous Cartilage Regeneration Companies Merge – Biotech Firms Histogenics and ProChon

Biotech Firms Histogenics and ProChon Merge (OTW) Histogenics Acquires ProChon Biotech in an All-Stock Transaction (HealthPointCapital) Histogenic acquired ProChon Biotech in an all-stock exchange this week, with the companies declining to announce a dollar amount for the transaction. Both companies are developing autologous cartilage regeneration products. Histogenics has begun phase III studies of its NeoCart product [...]

3 Trends for Orthopedic Surgery in an Ambulatory Surgery Center (By Dr. Michael Redler)

Dr. Michael Redler: 3 Trends for Orthopedic Surgery in an ASC (Beckers) Here are three trends for orthopedics in ambulatory surgery centers, including specific orthopedic and spine procedures now routinely performed in an ASC, from Michael R. Redler, MD, an orthopedic surgeon on staff at the Surgery Center of Fairfield County in Bridgeport, Conn. 1. [...]

Zimmer Launches New Bone Defect Augmentation Shapes for Revision Total Knees

Zimmer Introduces Comprehensive Range of Trabecular Metal™ Augment Shapes and Cones for Knee Revision Surgery (press release) Zimmer’s New Tool for Defective Knee (Zacks) These new augments will help the surgeons to fill up any small or large cavitary bone defects often detected while performiong any revision surgery. These devices namely Trabecular MetalTibial and Femoral [...]

4 Considerations When Treating Tall Patients – Advice From Dr. Thomas Schmalzried

Dr. Thomas Schmalzried: 4 Points on Orthopedics for Tall Patients (Beckers) Just being tall does not put you at an increased risk for sports-related injuries or arthritis, rather other factors come into play. Thomas Schmalzried, MD, medical director of the Joint Replacement Institute at St. Vincent Medical Center in Los Angeles and an orthopedic surgeon [...]

TranS1 Is Losing Sales Traction Due to Reimbursement Issues

Lower Revenue, Reimbursement Progress for TranS1 (OTW) TranS1 Inc. reported a 24% decline on $5.1 million of revenue during the first quarter of 2011. “Our procedure volumes and revenues continue to be adversely affected by ongoing AxiaLIF physician reimbursement pressures,” commented Ken Reali, president and chief executive officer of the company on May 12. “The [...]

MAKO Surgical Is Going Direct-to-Consumer With the MAKOplasty Technique

MAKO Surgical Corp. Steps up Its Global Engagement Through MAKOplasty.com (press release)

Stryker Acquires Orthovita for $316M

Stryker to acquire Orthovita for about $316 mln (press release) Stryker Snaps Up Orthovita for $316 Million (OTW) The numbers… Stryker pays 3.3 X sales in 2010 of $95M $3.85/share in all cash Price represents 41% premium of last VITA close Transaction includes $12M of debt http://www.orthovita.com/investors/pressreleases.aspx

Q1 Financial Results for 14 Orthopedic and Spine Device Companies

14 New Orthopedic and Spine Device Company Financial Reports (Beckers) Thanks to Beckers for this summary of Q1 results for most Orthopedic companies. Alphatec Spine posted first quarter revenue of $49.7 million, which is a 40.9 percent increase over the first quarter of 2010. The company’s success is attributable to a boost in sales from [...]

21 Metal-on-Metal Hip Companies Will Have to Report Ongoing Clinical Data for the FDA

Metal Hip Replacements: Toxic Effects? (WebMD) Can metal-on-metal hip replacements make people sick by releasing metal ions into the bloodstream? The FDA wants to know — and is ordering the 21 makers of these devices to come up with answers with clinical studies. Here’s the list of manufacturers whose metal-on-metal hip replacement systems are included [...]

FDA Panel Favors “Approval” for Biomimetics Therapeutics Augment Bone Growth Factor

FDA Panel Vote… Safety? – 12 Yes, 6 No Efficacy? – 10 Yes, 8 No Benefits outweigh Risks? – 10 Yes, 8 No BioMimetic Therapeutics’ Augment™ Bone Graft Receives Positive Recommendation from FDA Advisory Committee (press release) FDA Panel Narrowly Endorses Bone Graft Device (MedicalNews) FDA Panel Narrowly Votes in Favor of BMTI’s Augment (HealthPointCapital) [...]

Orthopedics Device Maker Building New Facility and Adding 60 Jobs

Med device-maker growing Orthopedics device maker plans to grow, add 60 jobs (JournalGazette in Fort Wayne) A local Fort Wayne orthopedics device maker, Nemcomed, plans to invest almost $2.8 million in an expansion that will create 60 full-time jobs.

New CEO Announced at Medtronic

Medtronic Board of Directors Announces Appointment of Omar Ishrak as Chairman and CEO (press release) Biography Medtronic Inc. (NYSE: MDT) announced today that its board of directors named Omar Ishrak as the company’s new chairman and chief executive officer, effective June 13, 2011. Ishrak formerly served as president and CEO of GE Healthcare Systems, a [...]

A Test for Detection of Early Joint Replacement Failure

Test for Joint Replacement Failure (OTW) Joint replacement patients won’t start beeping, but he or she could have an early warning system…A new test from the University of Nebraska Medical Center (UNMC) and the Hospital for Special Surgery (HSS) shows promise for detecting the early stages of a major cause of failure in joint replacement [...]

Orthopedic 510(k) Clearances in April = 35 Total

35 Orthopedic and Spine Devices Received FDA 510(k) Clearance in April (Beckers) 1. Osseotite II from Biomet. 2. Consensus Biolox Delta Femoral Head from Consensus Orthopedics. 3. Expedium System, Viper System from DePuy Spine.

Feds Accuse Wright Medical of Violating Their Deferred Prosecution Deal

Feds accuse Wright Medical of breaking deferred prosecution deal (MassDevice) WMGI’s Compliance Issues Deepen as U.S. Attorney Alleges “Material Breach” of DPA (HealthPointCapital) Three more top executives leave Wright Medical Group (Memphis Business Journal) Wright Medical CEO Gary Henley abruptly resigns – April 5, 2011

Is the Sacroiliac Joint an Overlooked Spine Market? SI-Bone Thinks So.

An Overlooked Spine Market? (OTW) SI Bone has developed proprietary surgical devices to fixate the sacroiliac (SI) joint using minimally invasive techniques. Orthopedists are increasingly realizing that sacroiliac joint arthritis is responsible for a large percentage of lower back pain. Conventional methods to treat and fuse the SI joint are highly invasive.

3 Spine Surgeons Are Publicly Disciplined in New Jersey for Not Disclosing Financial Interests in With Synthes

ProDisc Spine Docs Disciplined in Jersey (OTW) US doctors face sanctions for spine study payments (Reuters) The Attorney General’s Office of New Jersey announced on May 3 that the state’s Board of Medical Examiners, “publicly disciplined” Richard Balderston, M.D., Thomas Errico, M.D., and Jeffrey Goldstein, M.D., for “committing professional misconduct by not disclosing…their financial interests [...]

Researchers Identify Tool to Detect Total Joint Replacement Surgeries That Are Starting to Fail

Researchers Identify Tool To Detect Total Joint Replacement Surgeries That Are Starting To Fail (MedicalNewsToday) Medical Groups Tracking Hip, Knee Implants Following J&J Recall (BusinessWeek) Two databases are now tracking the success rates of total hips and knees in the US AJRR UMass Registry

ArthroCare Is Moving Its R&D Operations From California to Austin

ArthroCare moving R&D operations from California to Austin (Statesman) ArthroCare Corp. disclosed Monday that it will move its main research and development operations from Sunnyvale, Calif., to its headquarters in Austin before the end of this year.

February 22, 2012

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