6 New Devices and Developments for Scoliosis Corrective Surgery

6 New Developments in Scoliosis Devices (written by Laura Miller @ Beckers) Here are six new devices and developments for scoliosis corrective surgery. DePuy Spine recently launched VIPER 3D MIS Correction Set, which is the first instrumentation system designed specifically for minimally invasive three-dimensional correction of spinal deformities. The system can be used with patients who have [...]

MAKO Surgical Robot Now Performs Hip Surgery in Addition to Knee Surgery

  MAKO Surgical website MAKO’s Robot Now Does Hip Surgery (written by Walter Eisner @ OTW) After receiving FDA clearance in February 2010, MAKO Surgical Corp.’s RIO Robotic Arm Interactive Orthopedic System is now commercially available for use in total hip replacement surgeries. MAKO has had a robotic system for partial knee resurfacing procedures for [...]

Study Finds Knee Arthroscopy and ACL Reconstruction Are Cost-Effective in Improving Quality of Life

Study finds knee arthroscopy, ACL reconstruction cost-effective (OrthoSuperSite) Knee arthroscopy and ACL reconstruction are cost-effective, according to this retrospective analysis of prospectively collected data from researchers in New Mexico. The team looked at data from a single-surgeon outcomes registry, analyzing one cohort of 93 patients with arthroscopically treated knees and one cohort of 35 patients who [...]

Sports Medicine Orthopedist Provides Advice on How to Transition to Generic Implants

  Worried About Transitioning to Generic Implants? There is Help This article was written by Blair Rhode, MD, Sports Medicine Orthopedic Surgeon and owner, RoG Sports Medicine.We have become accustom to a reality that allows us to add a case on the surgical schedule, say a rotator cuff repair, and typically we are only one phone call [...]

SpineGuard Pulls in $6.2M in Funding to Launch PediGuard for Improved Pedicle Screw Placement

  SpineGuard Nabs $6.2M SpineGuard has added $6.2 million in funding to expand its platform for enhanced spinal screw placement, which is designed to make spine surgery safer. Investors included Credit Agricole Private Equity, Innoven Partenaires, A Plus Finance, and Delta Partners. SpineGuard has offices in San Francisco and Paris. PRESS RELEASE SpineGuard announced today that it has secured $6.2 [...]

Stryker Marketing Executive Makes His Pitch for the Triathlon Custom Fit Knee

      How Stryker’s Custom Fit Knee Could Change the Market: Q&A With Stryker’s Paul Berman (written by Laura Miller @ Beckers) Vice President of Global Knee Marketing at Stryker Orthopaedics Paul Berman discusses the Triathlon Custom Fit Knee featuring ShapeMatch Technology and how it will impact the orthopedic device market. Q: How does the [...]

UK Joint Replacement Registry Finds That Poly-Metal Hips Outlast Metal-Metal Hips

    Plastic Outwears Metal in Joints (Biloine Young @ OTW) An analysis of the rate of hip joint replacements by the National Joint Registry of England and Wales found that metal hip replacements are more likely to be replaced than are plastic ones. According to an Associated Press account of the report, almost 14% [...]

TranS1 to Raise $20M Through a New Public Offering

    TranS1 Inc. Announces Pricing of Public Offering of Common Stock (press release) WILMINGTON, N.C., Sept. 21, 2011 (GLOBE NEWSWIRE) — TranS1 Inc. (Nasdaq:TSON) today announced that it has priced its public offering of 6,200,000 shares of its common stock at a price to the public of $3.25 per share. TranS1 has granted the underwriters [...]

Report: Biologics Is Growing Faster Than Implants

  Biologics Growth Faster Than Implants (Biloine Young @ OTW) The rush to engage in stem cell research is leading to double-digit annual sales growth in the orthopedic biomaterials market, according to the health care market research firm Kalorama Information. A factor driving revenue growth for biomaterials is that insurance companies are more likely to approve [...]

High Profile Athletes Run to Stem Cell Treatment With PRP Injections

  Athletes Opt for Stem Cells (Biloine Young @ OTW) The news that Peyton Manning went to Europe to receive stem cell therapy on his neck has thrust that treatment—still unapproved by the FDA—back into the medical spotlight. A report by Fox Sports relates that the Colts quarterback and four-time MVP asked for the stem cell [...]

MARS Study Seeks to Answer the question… Why Do ACL Reconstructions Fail?

  Study Seeks Answers to ACL Failures (written by Biloine Young @ OTW) Here is the problem: More than 200,000 anterior cruciate ligament (ACL) surgeries are performed each year in the United States and from 1% to 8% fail. Most of the patients whose initial surgery failed then choose to have their knee ligaments reconstructed for [...]

6 Trends in Minimally Invasive Spine Surgery

  6 Trends in Minimally Invasive Spine Surgery (Beckers) Minimally invasive spine procedures involving the use of facet fixation products are expected to grow faster than other sectors of the spine surgery market over the next five years, according to US Markets for Minimally Invasive Spine Technologies 2008. The high growth rate is due to increasing adoption [...]

Medtronic Wins Patent Battle With NuVasive – 4th Largest Patent Infringement Award This Year

       Medtronic’s big win over NuVasive (MassDevice) Medtronic scored a big win yesterday in its patent war with NuVasive Inc., after a California jury awards it $101.2 million in damages over spinal implant technology; NuVasive, which won a $660,000 award for Medtronic’s infringement of one of its patents, vows to fight the decision. A [...]

Spine Startup Focusing on Disc Herniations, Intrinsic Therapeutics, Names Cary Hagan as CEO

      Intrinsic Therapeutics website Intrinsic Therapeutics, Inc. Names Cary P. Hagan as President & CEO (press release) WOBURN, Mass., Sept. 20, 2011 /PRNewswire/ — Intrinsic Therapeutics, a medical device company focused on developing therapies to address the spine market’s many unmet needs, today announced that Cary Hagan has been appointed President and Chief Executive Officer. Mr. Hagan brings [...]

Infuse Bone-Growth Protein Lawsuits Are Starting to Pile Up for Medtronic

  Infuse lawsuits pile up for Medtronic | Legal News (MassDevice) A Florida woman is the latest in what’s sure to be a long line of plaintiffs filing personal injury lawsuits against Medtronic Inc. over its controversial Infuse bone morphogenetic protein. Personal injury lawsuits over its controversial Infuse bone-growth protein are beginning to pile up for [...]

Simpirica Spine Closes $22M in Funding for the LimiFlex Stabilization Device

        Simpirica Spine website Simpirica Spine Closes $22 Million Series C Funding Led by Norwest Venture Partners (press release) Simpirica Spine, Inc., developer of minimally invasive, flexion-restricting stabilization devices for the spine, today announced the closing of a $22 million Series C round of venture funding, led by new investor Norwest Venture Partners (NVP). Existing [...]

7 Surgeons Explain How Baby Boomers Are Revolutionizing Orthopedics

      How Are Baby Boomers Revolutionizing Orthopedics? 7 Responses (written by Laura Miller @ Beckers) Here are the responses from seven orthopedic surgeons and industry members to the question: How are baby boomers revolutionizing orthopedics? Terrance Crowder, MD, Orthopedic Surgeon, Sonoran Spine Center, Phoenix Douglas Garland, MD, Medical Director, MemorialCare Joint Replacement Center at [...]

Orthopedic Spine 510(k) Clearances in August = 19

      19 Spine Devices Receive 510(k) Clearance in August (written by Laura Miller @ Beckers) 1. Mesa Spinal System (Keystone Rods) from K2M. 2. Del Mar Monoaxial Pedicle Screw System from Phygen. 3. Vu C Pod Intervertebral Body Device from Theken Spine. 4. Care Back Pain Relieve Stimulator from ShenZhen Dongdixin Technology. 5. Stryker Spine Power Adapter (Accessory [...]

5 Orthopedic Surgeon Appointments With Device Companies in 2011

    5 Orthopedic Surgeon Appointments With Device Companies in 2011 (written by Laura Miller @ Beckers) Here are five orthopedic surgeons who were appointed to leadership positions with device companies this year. Theralase Technologies appointed James Andrews, MD, founder of Andrews Institute for Orthopaedics & Sports Medicine in Gulf Breeze, Fla., as chairman of its Medical [...]

Arthrosurface’S New Shoulder Resurfacing Device Is Taking Off

   Arthrosurface website Arthrosurface Revenue Growth Bolstered by Shoulder Product Solution (press release) FRANKLIN, Mass., Sept. 16, 2011 /PRNewswire via COMTEX/ — Arthrosurface, Inc. ( www.arthrosurface.com ), the developer of less-invasive joint resurfacing systems, recently announced the release of its Glenoid resurfacing product line. The company reports that release of this product line as a complement [...]

Wright Medical Restructures and Announces DOJ Monitoring Extension

    Wright Medical Group, Inc. Reaches Agreements with U.S. Attorney’s Office and OIG (EON) Wright Medical Group plans to cut 80 workers (Huffington Post) 6% of workforce cut across all functions (30-40 in Memphis, 60-70 in ROW) European operations are scaled back to basic sales and distribution Restructuring will cost $25M – $30M DOJ monitoring will [...]

Are Partial Knee Replacements a Passing Trend or the Future of Knee Care? Surgeons Responses

  Are Partial Knee Replacements a Passing Trend or the Future of Knee Care? 14 Responses (written by Laura Miller @ Beckers) Here are 14 joint replacement surgeons and industry experts discussing whether partial knee replacements are a passing trend or the way of the future. Michael E. Ciminello, MD, Orthopedic Surgeon, Peconic Bay Medical Center, [...]

“the Spine Journal” Is Accused of Methodological Errors and Bias by “Orthopedics This Week”

            Orthopedics This Week Accuses The Spine Journal of Methodological Errors and Bias (press releasee) Orthopedics This Week (OTW) released today a scathing critique of The Spine Journal’s unprecedented June 2011 critical review of 13 early studies of rhBMP-2. Said OTW editor and author, Robin Young: “The Spine Journal’s (TSJ) recent review [...]

Advances in Gene Therapy and Stem Cell Research Are Leading to Double-Digit Annual Sales Growth in the Orthopedic Biomaterials Market

  Big growth in biomaterials market (Health Care Finance News) Ortho device companies expand to boost profits NEW YORK – Advances in gene therapy and stem cell research are leading to double-digit annual sales growth in the orthopedic biomaterials market, according to the healthcare market research firm Kalorama Information. In its recently published report, “Orthopedic Biomaterials, [...]

Medical Device Tax Could Threaten Jobs & Innovation According to AdvaMed

  Study: Device Tax Could Threaten Jobs, Innovation  (written by Lauren Uzdienzski @ HealthPointCapital) A new study evaluating the 2.3% device industry excise tax quantifies some of the potential harm the tax may cause. Mandated by the Affordable Care Act, the tax is scheduled to go into effect in 2013. Among the highest stakes are U.S. jobs; the device industry [...]

How to Beat High Orthopedic Implant Costs by Saving Money With Generics Implants

    Beating High Orthopedic Implant Costs: How to Save Money With Generics (This article was written by Blair Rhode, MD, Sports Medicine Orthopedic Surgeon and owner, RoG Sports Medicine.) I am an orthopedic surgeon. I also started a generic orthopedic implant company. I often think back to the time when a surgery center informed me [...]

Is the US Losing Orthopedic Talent and Innovation? …Orthopedists Answer

      Reporter’s Notebook (written by Elizabeth Hofheinz @ OTW) Dear OTW Reader: Big theme this week…U.S. losing talent and innovation? A concerned spine surgeon tells OTW, “We are losing our edge to foreign countries. The Chinese in particular have a tremendous knowledge base and a great thirst for more education. It used to be that Chinese [...]

Integra LifeSciences Acquires Ascension Orthopedics for $65M to Build Its Extremities Franchise

      Integra LifeSciences Announces Agreement to Acquire Ascension Orthopedics (press release) The numbers… $65M cash IART pays 3.4 X sales in 2010 of $19M Ascension generated operating losses of about $2M per quarter Ascension products will become 45% of Integra’s Orthopedics revenues   PLAINSBORO, N.J. and AUSTIN, Texas, Sept. 12, 2011 (GLOBE NEWSWIRE) — Integra [...]

List of Orthopedic Mergers & Acquisitions From 2010-2011

  List of Orthopedic Mergers & Acquisitions from 2010-2011 (newest to oldest by announcement date) Sep 2011 Ascension Orthopedics acquired by Integra LifeSciences  for $65M Suzhou Best acquired by Microport Orthopedics  for $17M Aug 2011 none July 2011 Salient Surgical acquired by Medtronic for $525M PEAK Surgical acquired by  Medtronic for $120M KCI acquired by private equity firm [...]

4 New Devices at the 2011 ASSH Hand Surgery Conference in Las Vegas

What’s New in 2011 at the ASSH?   Acumed’s new Acu-Loc ®2 Volar Distal Radius Plating System   http://www.acumed.net​         ​DJO’s new Turon™ Modular Shoulder System  http://www.djoglobal.com           Medartis’ new Scaphoid Plate, TriLock 1.5    http://www.medartis.com             Suspension Orthopaedic Solutions’ new Suspension™ Clavicle Fracture Fixation [...]

8 Research and Development Projects for Orthopedic and Spine Devices

    8 Research and Development Projects for Orthopedic and Spine Devices (Laura Miller @ Beckers) DePuy Orthopaedics ConforMIS Hospital for Special Surgery Medtronic NovaBone  Stryker / OrthoSensor Synthes / Eli Lilly and Company University of Pittsburgh read the project details here

U.S. Orthopedists Make Twice as Much as European Orthopedists

  U.S. Orthopedists Make Twice as Much as European Orthopedists (Laura Miller @ OTW) Orthopedic surgeons in the United States are making more than double their counterparts in countries such as Australia, Canada, France and Germany, according to a Bloomberg report. According to a study published in Health Affairs, orthopedic surgeons received $442,000 on average in 2008, while orthopedic [...]

10 Orthopedists Answer: “What Do Baby Boomers Mean for Orthopedics Today and Tomorrow?

        What Do Baby Boomers Mean for Orthopedics Today and Tomorrow? 10 Responses (Laura Miller @ Beckers) Here are 10 orthopedic surgeons and industry members, representing several subspecialties, responding to the question: What do baby boomers mean for orthopedics today and tomorrow?  Christopher Browne, MD, Orthopedic Surgeon, Eastern Oklahoma Orthopedic Center, Tulsa.  Terrence [...]

Jeff Shuren to Add New Training for Premarket Reviewers at FDA

  New Training For FDA Reviewers (written by Walter Eisner @ OTW) The FDA’s chief device regulator, Jeff Shuren, M.D., has admitted on more than one occasion that he has a weak bench for reviewing premarket applications for medical devices. On September 6, he announced two new training programs for review staff at the Center for [...]

10 Considerations for Surgeons Before Using Patient Specific Cutting Guides

  Letter to the Editor: Consider Patient Specific Cutting Guides Carefully (written by Walter P. Spires, Jr., CEO, ANOVA Orthopaedic Solutions for Beckers) One of our responsibilities as a committed orthopedic implant supply partner is to help keep you informed on developments deemed important to facilities, surgeons, and patients. The subject of patient specific cutting guides [...]

Why Smith and Nephew Is an Attractive Takeover Target

    Why Smith & Nephew is an Attractive Takeover Target (Investment U) Smith & Nephew Shares Advance After Takeover Speculation (BusinessWeek) Smith & Nephew Rumors Continue to Swirl (Memphis Daily News) The zombie deal that won’t die: Smith & Nephew (MassDevice) UK medical device maker Smith & Nephew ADR (NYSE: SNN) is over 150 years old. A leader [...]

Veteran Orthopedic Executive David Floyd Named OrthoWorx CEO

      OrthoWorx website Former DePuy Orthopaedics CEO Floyd lands with OrthoWorx (MassDevice) David Floyd, the former CEO of DePuy Orthopaedics, starts a new gig today: CEO of OrthoWorx, an “industry, community and education initiative” that aims to boost the orthopedics cluster centered in Warsaw, Ind. Floyd stepped down as chief executive of the Johnson [...]

45 of the Best Hand & Upper Extremity Surgeons in America

    45 of the Best Hand & Upper Extremity Surgeons in America (Laura Miller @ Beckers) The following hand surgeons were selected based on the awards they received from major organizations, leadership in those organizations, work on professional publications and positions of services at hospitals and surgery centers. Brian Adams, MD (University of Iowa Hospitals [...]

Swiss Biotech Firm Invents a Minimally Invasive “Fracture putty” That Heals Osteoporotic Fractures in Load Bearing Areas

    Swiss Firm Touts Osteoporosis Treatment (written by Biloine Young @ OTW) The Worldwide, an osteoporotic bone breaks every 3 seconds. A particular scourge for women (although men are also affected) osteoporosis plagues approximately 200 million individuals. The onslaught is relentless. About one-tenth of women aged 60 are affected. That number jumps to one-fifth [...]

20 Orthopedic and Spine Device Company Executive Moves

      20 Orthopedic and Spine Device Company Executive Moves (written by Laura Miller @ Beckers) Here are 20 orthopedic and spine device company executives who were appointed to or resigned from their posts this year. Wright Medical Group’s chief technology officer Frank Bono was fired for “failing to exhibit appropriate regard for the company’s ongoing compliance [...]

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February 22, 2012

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