OIC, the Generic Implant Company in Reno, Is Revolutionizing the Price of Implants

New products, new customers jumpstart sales for OIC (Northern Nevada Business Weekly) The Orthopaedic Implant Company, (website here) whose mission is nothing less than a big change in the paradigm around the sale of hardware used in orthopedic surgeries, is beginning to gain some traction. The company headquartered in Reno is posting 25 percent sales growth [...]

Rice Students Develop a User-Friendly Bone-Lengthening Distractor Device

Students Develop Bone-Lengthening Device (Biloine Young @ OTW) Life is about to get a whole lot better for children undergoing distraction osteogenesis, thanks to a group of senior students at Rice University, Houston, Texas. Distraction osteogenesis is a method of correcting bone deformities that leave one limb shorter than the other. About 10 million children have [...]

Biomet Makes a Public Bid to Acquire DePuy Trauma Business for $280M Cash

Biomet Announces Offer to Acquire DePuy Trauma Business (press release) Biomet bids on DePuy unit (Fort Wayne Gazette) Biomet, Inc. a global leader in the manufacture of musculoskeletal medical products, announced today that it has made a binding offer to acquire the worldwide trauma business of DePuy Orthopaedics, Inc. Under the terms of the offer, which [...]

Study Finds Dramatic Differences in Probability of Fractures From Country to Country

Fractures: Vast Geographic Differences  (Elizabeth Hofhienz @ OTW) Fractures…they’re all over the map. The International Osteoporosis Foundation (IOF) Working Group on Epidemiology and Quality of Life has just completed a study of country-specific risk of hip fracture and 10-year probability of a major fragility fracture. Even accounting for possible errors or limitations in the source data, [...]

DGIMed Ortho, a Trauma Startup, Raises $3.3M by Issuing Debt

Orthopedics device startup raises $3.3 million by issuing debt (MedCityNews) The Minnetonka, Minnesota company was founded in 2008 to commercialize the Distalock nail and drill system comprising intramedullary nail implants and instruments as well as a disposable drill. The systems helps surgeons quickly and accurately place the distal locking screws that are meant to stabilize the [...]

10 Spine Surgeons Who Are Focusing on Trauma

              10 Spine Surgeons Focusing on Trauma (Laura Miller @ Beckers) Here are 10 spine surgeons who focus on trauma care. Scott L. Blumenthal, MD (Texas Back Institute, Plano). Dr. Blumenthal is a spine consultant for the Dallas Mavericks and a partner with Texas Back Institute. He has a professional interest [...]

Researchers Develop an Artificial Periosteum to Aid in Traumatic Fracture Healing

   Mimicking periosteum to heal traumatic bone injury (Case Western Reserve University) A manmade package filled with nature’s bone-building ingredients delivers the goods over time and space to heal serious bone injuries faster than products currently available, Cleveland researchers have found. Tested on sheep in Switzerland, the surgical elastic “implant device,” essentially a wrapping that mimics [...]

Fracture Risk Assessment Tool That Predicts Fractures Is Growing in Use Worldwide

     FRAX website FRAX Use on the Rise (Elizabeth Hofhienz @ OTW) FRAX, a fracture risk assessment tool now available in 18 languages, is being used by an increasing number of physicians around the world. The online version alone is used to calculate 10-year probability of fracture in approximately 2.8 million patients annually. FRAX, which [...]

IlluminOss Medical, an Intramedullary Fixation Trauma Startup, Finds $4M Financing

       IlluminOss Medical finds $4M financing (Mass High Tech) IlluminOss Medical Inc., a medical device firm in East Providence, R.I., has taken in a $4 million debt financing round, the company noted in aregulatory filing. The financing consists of debt, as well as options and warrants. Reached by phone, company president and CEO Scott [...]

ExtraOrtho, a Memphis-Based External Fixation Startup, Is Acquired by Zimmer

            ExtraOrtho website    Funding in 2009    Zimmer press release Memphis-based ExtraOrtho is acquired by Zimmer Holdings of Warsaw, Indiana (Memphis Commercial Appeal) Memphis-based ExtraOrtho, a medical device company that received funding from Innova and TNInvestco, has been acquired by Zimmer Holdings, company officials have announced. The deal includes ExtraOrtho’s external fixation line, [...]

Modular Locking Small Fragment System Developed by Internal Fixation Systems

         Internal Fixation Systems website Internal Fixation Systems, Inc. Announces Sale of Modular Locking Small Fragment System MIAMI, Oct. 24, 2011 /PRNewswire/ — Internal Fixation Systems, Inc. (OTC QB: IFIX) today announces that it has commenced offering for sale the initial modules (consisting of basic instruments and screws and 1/3 tubular plates) of its FDA [...]

Semprus BioSciences Wins $1M Army Grant to Develop “Anti-Biofilm Trauma Devices”

      Semprus BioSciences Awarded $1 Million U.S. Army Grant to Develop “Anti-Biofilm Trauma Devices” for American Soldiers in Battle (press release) Semprus BioSciences today announced it has received a $1 million grant from the U.S. Army Telemedicine & Advanced Technology Research Center (TATRC) to develop the world’s first orthopedic devices designed to reduce biofilm [...]

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 [...]

Swiss Startup, Ozics, Takes a New Approach to Mending Osteoporotic Bones

    Ozics website Ozics And The Future Of Mending Bones (written by Jennifer Hicks, Forbes contributor) The worldwide orthopedic market had global revenues of more than $36b in 2008. The market is dominated by six global companies that hold 80% of that global revenue. Osteoporosis has been on a relentless march. Worldwide, an osteoporotic fracture is estimated [...]

IlluminOss Medical Announces 1st Minimally Invasive Ankle Fracture Treatment

      IlluminOss Medical Announces First Minimally Invasive Ankle Fracture Treatment (press release) IlluminOss Medical Inc, the company pioneering photodynamic orthopedic implants, announced the first use of its system in the repair and stabilization of a fibula fracture, a common form of ankle fracture, in an 80 year-old female patient. Dr. Thomas Gausepohl, a leading [...]

DGIMed Ortho Raises $2.1M to Market Its System for Finding the Distal Locking Screw Hole Without Imaging

DGIMed Ortho raises $2.1M (Med City News) An orthopedic company in Minnetonka, Minnesota has raised $2.1 million in its latest funding round. DGIMed Ortho, an early stage medical device company, makes the Distalock system consisting of intramedullary nails and drills that assists orthopaedic surgeons. Intramedullary nails or rods are metal rods that are used to [...]

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 [...]

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)    

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 [...]

A Glimpse Into the Future of Fracture Repair – an Injectable Biologic Putty

Astonishing Fracture Repair From DARPA (OTW) The researchers, led by doctors Mauro Ferrari and Ennio Tasciotti, with the Methodist Hospital Research Institute, Houston, Texas, came up with an idea that could change orthopaedic surgery. Using a chemical called polypropylene fumarate they created a putty that, when applied to a broken bone, solidifies and works like [...]

keep looking »

May 18, 2012

  • Newsletter Signup

  • Orthopedic Recruiting

    Now Hiring: Product Development Engineer - Memphis, TN

     

  • Editor – Tiger Buford

     


  •  

  • most popular this week

  • Monthly Articles

  • RSS Orthopedics This Week

  • RSS MedPageToday

  • Support OrthoStreams

  • Book of the Month