Zimmer Will Be Moving Some of Its Operations to Memphis

Zimmer in Warsaw moving part of operation to Memphis (WSBT) A spokesperson for Zimmer, a Warsaw orthopedics company, says they are moving some of the functions of their distribution center from Warsaw to Memphis, Tennessee. Garry Clark says the transition will begin in the 3rd quarter of this year and end before the 3rd quarter of next year. [...]

10 Sure-Fire Formulas for Great Product Development

“Why is my New Product Development pipeline too slow, too expensive and lacking innovation?” I hear this question all the time from frustrated Orthopedic leaders, so I thought I would share the formulas that have worked for me. This article boils down 25 years of Product Development experience into 10 Rules you can use to [...]

Pioneer Surgical Technology Expands Biomanufacturing Facility in Greenville, NC

      Pioneer® Surgical Technology, Inc. Announces the Expansion of its North Carolina Biomanufacturing Facility (press release) Pioneer Surgical doubles the size of its Greenville, North Carolina biomanufacturing facility to accommodate growth of its biologics line, which includes the flagship product nanOss® Bioactive and the recently launched nanOss Bioactive 3D. Pioneer Surgical Technology today announces the [...]

Orthopedic Companies Are Shifting More Sales OUS to Escape the New Tax

     Orthopedic tax pains (Sherry Slater @ Journal Gazette) With U.S. sales to grow costlier, one company looks abroad Nick Deeter’s five-year-old company is growing, but he’s the one in pain. The founder and chairman of OrthoPediatrics Corp. knows the financially responsible thing to do is market his products overseas. Not only do U.S. sales [...]

World Orthopaedic Surgeons Vow to Cooperate to Provide Cost-Effective Medical Services

            World orthopaedic surgeons vow to cooperate to provide cost-effective medical services (Beijing December 5  Kazinform) Acclaimed orthopaedic surgeons and experts attending a major conference in Beijing have agreed to build up a platform for international cooperation aiming at jointly coping with medical and social challenges. According to Xinhua, at the [...]

Forget the US… VCs Sending Their Medtech Startups to Europe First

       VC are looking across the pond (Richard Nass @ MDDI) I wrote a blog recently for our sister site, EMDT, where I discussed how many OEMs are going to Europe to design, test, and even sell their medical devices because the investment required to do so is far less than what’s required in the U.S. In [...]

Smith & Nephew Increasing R&D Budget by $300M to Focus on BRIC Markets

           Smith & Nephew saves research spend for emerging markets (The Telegraph) Smith & Nephew, the maker of artifical hips and knees, is to ring-fence a slice of its research spending to develop products for emerging markets as it eyes sales in fast-growing economies. The FTSE 100 medical devices manufacturer has said [...]

Orthopedic Device Makers Take a Step Back – Competitive Advantages Appear to Be Weakening

    Orthopedic Device Makers Take a Step Back (Morningstar) Competitive advantages appear to be weakening. Orthopedic industry moat trends are declining as a result of increasing regulatory and reimbursement pressures, and ongoing economic uncertainty caused recent cuts to our fair value estimates.As a result of increasing regulatory and reimbursement pressures, more supplier switching could be [...]

Medtronic CEO Ishrak Nixes a Possible Spine Spinout

          Medtronic CEO Ishrak nixes spine spinout (MassDevice) Medtronic CEO Omar Ishrak puts the kaibosh on suggestions that the company ditch its spine business, saying all parts add value – except Physio-Control. Medtronic (NYSE:MDT) CEO Omar Ishrak put the kaibosh on a spinout for the company’s spine business, telling Reuters that all [...]

Arthrex Expands Into a 240,000 Square Foot Warehouse and Distribution Center

    Arthrex purchases Lee County warehouse  (NewsPress.org) Arthrex Inc., a medical device manufacturer based in Naples, is expanding into Lee County with the purchase of the former Robb & Stucky warehouse and headquarters on Plantation Road. Arthrex will use the 240,000-square-foot building as a warehouse and distribution center, the company said in a press release. [...]

Medtronic Is Expanding Its Presence in China to 2,000 Employees

    Medtronic to Double Chinese Workforce  (written by Sander Duncan @ HealthPointCapital) Medtronic sees a bright future in China, seeking to expand its presence in the rapidly-growing Chinese medical device market. China Daily, an English-language newspaper in Singapore, recently reported that Medtronic plans to double its workforce in China to 2,000 employees in a wide range of [...]

Synthes & Eli Lilly to Co-Develop Osteoporosis Drugs

Synthes and Lilly Sign Development and Collaboration Agreement (press release) Synthes, Eli Lilly To Cooperate On Orthopedic Products (WSJ) ZURICH (Dow Jones)–Swiss surgical implant maker Synthes Inc (SYST.VX) Thursday said it had signed an agreement with Eli Lilly and Co. (LLY) to license and co-develop orthopedic products. The deal will focus on patients in surgical [...]

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.

RTI Biologics Announces a Spine Allograft Supply Agreement With Alphatec Spine

RTI Biologics Announces Processing and Supply Agreement With Alphatec Spine (press release) Under the agreement, which is effective immediately and has a three year term with the option to renew, RTI will process allograft implants for use in spine made from assembled cortical allograft.    

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    

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. [...]

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 [...]

DJO Continues to Transform Itself After the 2007 Merger

MEDICAL: Vista’s DJO reports progress in merger (North County Times) DJO Global and Lima Corporate Expand U.S. Partnership (press release) DJO Inc. has wrapped up three years of transformation with a new name, DJO Global Inc., and an expanded mission to be a global vendor of orthopedic medical devices. The company was bought for $1.3 [...]

Zimmer Makes Job Cuts at Its Home Base

Zimmer makes job cuts at Warsaw operation (Fort Wayne Jounal Gazette)

Greatbatch Building New $17M Facility in Fort Wayne to Make Orthopedic Instruments

Greatbatch Medical Building New Plant in Fort Wayne, Indiana (Area Development) Orthopedics supplier drawn by workforce (Fort Wayne Journal Gazette) Greatbatch Medical, a maker of surgical orthopedic products and medical instruments, has selected Fort Wayne, Indiana, for a new facility that will create 76 jobs. The company will begin building the facility in the spring [...]

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May 18, 2012

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