Growth in Extremity Replacements Is Outpacing Hips & Knees

Extremity Replacement Gaining on Hips & Knees (Biloine Young @ OTW) Move over hips and knees—the extremities are coming. A report by Visiongain, a London-based business information firm, predicts that the global extremity devices market will be worth $2 billion by 2016, according to the report “World Market for Orthopaedic Extremity Devices 2012-2022,” published in April 2012. [...]

Extremities Leader, Tornier Is Moving All US-Based Operations to Minnesota

Tornier Announces 2012 Facility Consolidations (press release) Tornier N.V. (NASDAQ: TRNX), a global medical device company focused on providing surgical solutions to orthopaedic extremity specialists, announced today that it plans to consolidate its facilities to drive operational productivity and to reduce annual operating expenses by $2.3 to $2.8 million beginning in 2013. The Company estimates it [...]

Wright Launches CLAW II Polyaxial Compression Plating System for Foot & Ankle

 Wright Medical Group, Inc. Announces Launch of Next Generation CLAW® II Polyaxial Compression Plating System  (press release) The CLAW…part deux…Wright Medical Group, Inc. has announced the full commercial launch of the CLAW II Polyaxial Compression Plating System featuring ORTHOLOC 3DSi Polyaxial Locking Screw Technology. The system will be available this month in the U.S. through [...]

Amniox Medical Brings Revolutionary Amniotic Membrane Technology to the Forefront of Podiatry

Amniox Medical Brings Revolutionary Amniotic Membrane Technology to the Forefront of Podiatry Amniox Medical Press Release Amniox launching NEOXTM Grafts at the American College of Foot and Ankle Surgeons Annual Scientific Conference Amniox Medical, Inc., a leader in Amnion regenerative tissue therapies, will introduce their NEOXTM Grafts at the 2012 Annual Scientific Conference of the [...]

Michael Simpson Replaces Tony Viscogliosi as CEO of Small Bone Innovations

Michael P. Simpson Joins Small Bone Innovations as President and CEO (press release) Small Bone Innovations, Inc. (SBi), a leading, privately held orthopedics company focused exclusively on arthroplasty and joint-related trauma technologies and treatments for the small bones and joints, has appointed Michael P. Simpson as President and Chief Executive Officer, effective February 21, 2012. Mr. [...]

Wright Medical Get FDA Clearance for Patient-Specific Total Ankle Replacement

  Wright Medical Group, Inc. Announces 510(k) Clearance and Limited U.S. Launch of the PROPHECY® INBONE® Pre-Operative Navigation Alignment Guides (press release) Wright Medical Group, Inc. a global orthopaedic medical device company, today announced the 510(k) clearance and limited launch of the PROPHECY® INBONE® Pre-Operative Navigation Alignment Guides for total ankle replacement. Designed for use with the Company’s [...]

SBi Founder Sees Continuing Growth in Small Bone and Joint Sector of Orthopedics Market

     SBi Founder and CEO Sees Continuing Growth in Small Bone and Joint Sector of Orthopedics Market (press release) Revenues in the small bone and joint (or ‘extremities’) sector of the estimated $41 billion orthopedic devices market are forecast to continue outpacing growth rates in hip, knee and spine implants, according to Viscogliosi Brothers. LLC, [...]

OrthoHelix Ranked 2nd Fasted Growing Company in Northeast Ohio

       www.orthohelix.com OrthoHelix Surgical Designs, Inc. Named in the 2011 Weatherhead 100 (press release) OrthoHelix Surgical Designs has been named in the 2011 Weatherhead 100. On December 1st, OrthoHelix will be honored, along with other Northeast Ohio companies, at a black-tie event and learn of their ranking in this year’s 100. Winners are chosen [...]

Small Bone Innovations Secures a $43M Credit Facility

       Small Bone Innovations, Inc. Secures $43 Million Credit Facility (press release) NEW YORK, Dec 07, 2011 (BUSINESS WIRE) — Small Bone Innovations, Inc. (SBi), a leading, privately held orthopedics company focused exclusively on technologies and treatments for the small bones & joints, has closed on a $43 million credit facility to help further [...]

The Rise of Reverse Total Shoulder Surgery

        The Rise of Reverse Total Shoulder Surgery (Biloine Young @ OTW) If the patient is over 70, has arthritis and tears his rotator cuff, the best solution may be Reverse Total Shoulder Replacement surgery. “The Reverse Total Shoulder is the newest and most dynamic advance in shoulder replacement surgery in the last [...]

Arthrosurface Launches the World’S 1st Talus Resurfacing Implant for the Ankle

  Arthrosurface Launches World’s First Talus Resurfacing Implant for the Ankle (press release) Arthrosurface, Inc. (www.arthrosurface.com), the developer of less-invasive joint resurfacing systems, announced that it has launched its HemiCAP® Talus Resurfacing System for damage to the ankle inEurope and other international markets.  Prior to commercialization, the HemiCAP® Talus System was tested by well known Foot and [...]

10 Foot and Ankle Surgeons on the Move

   10 Foot and Ankle Surgeons on the Move (written by Laura Miller @ Beckers) Here are 10 foot and ankle surgeons and specialists on the move in 2011. 1) Foot and ankle specialist Michael Campbell, MD, recently joined Atlantic Orthopaedic Specialists in Chesapeake, Va. He completed his fellowship at Penn State Milton Hershey (Pa.) Medical Center. [...]

Q&a With Dr. Lon S. Weiner, Co-Founder of Nextremity Solutions, Foot & Ankle Surgery Startup

  Nextremity Solutions website Lon S. Weiner, M.D., Co-Founder and Director of Nextremity Solutions, LLC (OrthoPreneur) Nextremity Solutions was started in 2008 by Lon Weiner, M.D. and Stuart Katchis, M.D. The initial focus of Nextremity was to catalogue our ideas, obtain intellectual property and develop each product to be sold onU.S. and international markets.  Nextremity also has a [...]

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 [...]

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 [...]

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 [...]

Extremities Joint Replacement Leader Ascension Orthopedics Raises $18.6M

  Implant firm Ascension Orthopedics Inc.has raised $18.6 million of a planned $20.4 million round of funding. The Austin-based company collected the capital from nine investors, according to a Wednesday filing with the U.S. Securities and Exchange Commission . Ascension, which was founded in 1992, develops orthopedic implants for the shoulder, elbow, wrist, fingers and toes. The company [...]

Wright Medical to Distribute the Opus Knotless Suture System From ArthroCare

  Wright Medical Group, Inc. Announces Exclusive Agreement with ArthroCare(R) Corporation for Foot and Ankle Products (press release) Wright Medical announced a supply and distribution agreement with ArthroCare Corporation, a leading company in orthopaedic sports medicine. ArthroCare will supply Wright with products for soft tissue fixation of the foot and ankle based on ArthroCare’s market-leading knotless [...]

New CEO Appointed at Artimplant, a Swedish Biomaterials Company Focused on Interpositional Joint Implants and Soft Tissue Repair

ARTIMPLANT appoints new CEO (press release) Kjell Thörnbring has been appointed to the new CEO of Artimplant AB. He has been acting CEO since May 4 and he has at the same time maintained the position of CFO. Kjell Thörnbring has a B.Sc in Business Administration from the Gothenburg University and he has previously had [...]

Stryker Acquires Memometal Technologies for Nitinol Bone Staple Business for $162M (5 X Multiple for a Extremities Trauma Company)

Stryker Announces Definitive Agreement to Acquire Privately-Held Memometal Technologies S.A. for $162 Million (press release) A Look at the Numbers… $150M cash + $12M earnout 5 X Sales of $30M in 2010 Memometal Technologies Acquires OrthoGlide Ankle Technology From Advanced Bio-Surfaces, Inc (Feb 2010)  

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May 18, 2012

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