Shoulder repair startup MinInvasive raises several million dollars
Shoulder repair co MinInvasive raises several million dollars (Globes) MinInvasive is developing a minimally invasive device for rotator cuff repair in […]
Sequestration will slow down Orthopedic Device approvals
SEQUESTRATION AND DEVICE APPROVALS (Orthopedics This Week) Avoiding “The Sequester” is Washington’s new pork. Medical device companies are going to pay
LDR Receives FDA Approval for the Mobi-C Cervical Disc for One-Level Use
LDR Receives FDA Approval for the Mobi-C Cervical Disc for One-Level Use (press release) LDR, a privately held medical device company
Intrinsic Therapeutics enrolls 400th Patient in Barricaid Randomized Trial
Intrinsic Therapeutics Announces the Enrollment of the 400th Patient in Landmark Barricaid® Randomized Trial (press release) Intrinsic Therapeutics today announced the
Zimmer ordered to pay Stryker $210M for willful patent infringement
Zimmer ordered to pay Stryker $210 million over patents (Reuters) A federal judge ordered Zimmer Holdings Inc to pay Stryker Corp
Chinese Hospital using 3D-printed orthopedic implants
Hospital uses 3D printed orthopedic implants (China Daily) Using a printer to produce lifesaving medical implants and body parts might sound like science fiction, but it is already a reality in China. Peking University Third Hospital, a top hospital in China, recently announced that its Orthopedics Department has been using enhanced implants produced by a 3-D printer in a clinical trial, with promising results. “We started clinical trials on 3-D produced implants late last year, and now we have used dozens of such implants in more than 50 patients,” said Liu Zhongjun, director with the department. “All the patients recover very well. Nobody seems to have any undesirable side effects or adverse reaction.” The process of 3-D printing, or additive printing, applies successive layers of material indifferent shapes to make a three-dimensional solid object from a digital model. For the implants, the material used is titanium, a special metal that has been used for orthopedic implants for decades.
Stryker CEO Kevin Lobo reflects on leadership, early successes after nearly a year on the job
Stryker CEO Kevin Lobo reflects on leadership, early successes after nearly a year on the job (Mlive) Since beginning his new
In Need of a New Hip, but Priced Out of the U.S – A case study for Medical Tourism
In Need of a New Hip, but Priced Out of the U.S (New York Times) Michael Shopenn’s artificial hip was
Wright Medical planning to relocate after selling its hip and knee business
Wright Medical Group Seeks Tax Breaks to Relocate to Memphis (Memphis Daily News) Arlington-based Wright Medical Group Inc. is seeking tax freezes
Here’s a new twist – Medical Tourism in the United States
MEDICAL TOURISM – U.S. THE NEXT INDIA? (Orthopedics This Week) Forget Singapore or Costa Rica for medical tourism. If patients are
Wow! ConforMIS closes a $168M funding round for personalized knee/hip implant technology
ConforMIS closes a $168 million funding round for its personalized implant technology (MassDevice) ConforMIS closed a Series E round worth $167.7
OrthoFix’s continues to weather financial issues after its management changes
WILL THIS “FIX” ORTHOFIX? (Orthopedics This Week) On July 29, 2013, Orthofix International N.V. announced it was postponing the release of
The U.S. Medical Device Industry is in Critical Condition
U.S. Medical Device Industry In Critical Condition (OrthoSpineNews) Medical devices are something of an orphan sister to the glamour of drugs,
First Amendment Decision on Off-Label Promotion Will Not Stop FDA
First Amendment Decision on Off-Label Promotion Will Not Stop FDA (EyeforPharma) The recent decision to overturn the conviction of sales rep Alfred
TiGenix provides update on cartilage cell technology, ChondroCelect
TiGenix Provides ChondroCelect Update (press release) TiGenix (NYSE Euronext: TIG), the European leader in cell therapy, today provided an update on the commercial
Israel’s CoreBone produces corals that act just like Human Bone
Israel’s CoreBone Produces Corals That Act As Human Bone Replacements (Shalom Life) “A few years ago, a friend of mine, who
FDA Panel Meeting for SpinalMotion’s metal-on-metal disc is cancelled without explanation
KINEFLEX FDA PANEL MEETING CANCELLED (Orthopedics This Week) SpinalMotion, Inc.’s two-day FDA orthopedic panel meeting scheduled July 24 and 25, 2013
Biomet closes Swiss plant… a sign of the times for the big 5?
Layoffs: Biomet to shutter Swiss plant amid ‘challenging economic environment (MassDevice) Biomet prepares to close doors on a 230-employee manufacturing
The new Medical Tax has cost Orthopedic companies $1B in the first half of 2013
Medical Tax Costs Industry $1 Billion To Date (MassDevice) A report just released by a coalition of medical device lobbying groups
Former ArthroCare CEO and CFO surrender to officers after fraud charges
FORMER ARTHROCARE CEO INDICTED (Orthopedics This Week) Former ArthroCare CEO and CFO surrender to officers after fraud charges (MedCityNews-Reuters) Two former executives
UK Engineers develop method to increase lifespan of Joint Replacements
Engineers Develop Method to Increase Lifespan of Joint Replacements (Product Design and Development) Researchers at the University of Southampton have completed
Arthrex completes 1st surgery of new Reverse Total Shoulder
FIRST ARTHREX REVERSE SHOULDER IMPLANT SURGERY PERFORMED (Orthopedics This Week) Brian S. Cohen of Adena Health System, Chillicothe, Ohio, became the
Smith & Nephew expands into Turkey
Smith & Nephew to acquire Turkish distribution (press release) Smith & Nephew plc (LSE: SN, NYSE: SNN), the global medical technology
Baxano Surgical/TranS1 pays $6M fine to Department of Justice
Baxano Surgical, Inc. Announces Definitive Settlement With Office of Inspector General (press release) Baxano Surgical, Inc. (Nasdaq:BAXS), a medical device company
Orthofix realigns its business units
Orthofix Realigns Business Units to Support Future Growth Opportunities and Announces Leadership Changes (press release) Orthofix International N.V., (NASDAQ:OFIX) (the Company)
Osseon Therapeutics Announces Another VCF Product
Osseon® Therapeutics Announces Another VCF Product (press release) Osseon® announces the release of the Osseoflex® CD-H hydraulic cement delivery system. This latest addition
Discussion of “customized” Platelet-Rich Plasma (PRP) for Orthopedic applications
CHRISTOPHER EVANS COMMENTS ON PRP ARTICLE (Orthopedics This Week) June 5, 2013 scientific article by Satoshi Terada, M.D., et al. recently
Wright Medical sells its entire hip & knee business for $290M cash
Wright Medical Group, Inc. and MicroPort Scientific Corporation Enter Into Definitive Agreement Under Which MicroPort Will Acquire Wright’s OrthoRecon Business (press
Trends in the Future of Spine Surgery as dictated by forces of funding and FDA
The Impact of Business Strategy and the FDA on the Future of Spine Surgery (OrthoSpineNews) At the 11th Annual Spine, Orthopedic &
FDA wants to share your company’s clinical data with others
FDA PROPOSES SHARING CLINICAL DATA (Orthopedics This Week) The FDA wants to share your clinical data with “non-FDA experts and other
RTI Biologics acquires Pioneer Surgical Technology for $130M cash
RTI Biologics® Announces Agreement to Acquire Pioneer® Surgical Technology (press release) Acquisition creates a global surgical implant company positioned for
Medtronic hires a 3rd party for a Kyphon patent offensive against competitors – sues 6 companies
Breaking News – Medtronic Sues (OrthoSpineNews) As a follow-up to our post from Friday regarding Medtronic’s IP lawsuits, we have uncovered
A frank Q&A with J&J DePuy president on the slow Synthes Integration
“Timing was right for sale of Synthes” video Michel Orsinger, head of the orthopedics business of Johnson & Johnson
Discussion of the Future of Orthopedics at OrthoTec 2013
OrthoTec 2013 Panel Battles Over the Future of Orthopedics (MDDI Online) It nearly came to blows at Orthotec this week. I’m being bombastic,
AAOS no longer recommends HA injections for symptomatic osteoarthritis of the knee
AAOS releases revised clinical practice guideline for osteoarthritis of the knee (AAOS press release) Intra-articular hyaluronic acid no longer recommended, while
Zimmer Acquires German-based technologies for Foot/Ankle, Hand, Wrist and Trauma markets
Zimmer Acquires NORMED Medizin-Technik GmbH (press release) Zimmer Expands Portfolio of Foot and Ankle, Hand and Wrist Technologies through Addition of
NuVasive Launches Smaller Incision for Posterior Lumbar Interbody Fusion
NUVASIVE LAUNCHES SMALLER INCISION PROCEDURE (Orthopedics This Week) NuVasive, Inc. launched its Maximum Access Surgery Posterior Lumbar Interbody Fusion (MAS® PLIF)
Spineology to Distribute Captiva Spine capLOX Pedicle Screw System
Spineology to Distribute Captiva SpineTM capLOXTM Pedicle Screw System (press release) Spineology Inc., a pioneer in developing minimally invasive spinal surgery
Lanx Spine launches lateral anchored interbody fusion device
LANX CLAIMS FIRST IN LATERAL INTERBODY FUSION (Orthopedics This Week) Lanx, Inc. says it is launching the first modular anchored interbody
Stryker partners with OrthoSensor in clinical study with smart knee
Stryker Orthopaedics (download 4-page analysis of Stryker HERE) Enters into Agreement with OrthoSensor for Intelligent Surgical Platform (press release) Stryker Corporation’s Orthopaedics Division
Medtronic Spine claws back to a 35% Market Share in core spine products
MEDTRONIC SPINE TAKES MARKET SHARE (Orthopedics This Week) Medtronic, Inc.’s fourth quarter spine revenue of $811 million was flat, but the
FDA’s Ortho Panel supports the down-classification of pedicle screws
FDA’s Ortho Panel supports down-classification of pedicle screw spinal systems (MassDevice) The FDA’s Orthopedic & Rehabilitations Devices Panel agrees with the
Spinal Elements moves into new space to keep up with growing pains
Spinal Elements®, Inc. Relocates Corporate Headquarters in Carlsbad (press release) Spinal Elements, an innovative spine technology company, has moved its corporate
Orthopedic Surgeon Led Business Models are Proving Superior
DOCTOR LED BUSINESS MODELS PROVEN SUPERIOR (Orthopedics This Week) Doctor-Led Models Superior! A certain in-the-know health policy expert is predicting
Medtronic cutting 500 jobs in Minnesota, 2,000 total
Medtronic cutting 500 jobs in Minnesota, 2,000 total (Twin Cities.com) Fridley-based Medtronic is eliminating 2,000 jobs worldwide including about 500 positions
Stryker CEO says company has ‘appetite’ for more acquisitions
Stryker Corp. CEO says company has ‘appetite’ for more acquisitions (Michigan Live) Stryker Corp. (download 4-page analysis of Stryker HERE) President and CEO Kevin
Convictions are mounting up for Bone Growth Company OrthoFix
BONE GROWTH STIM CONVICTIONS MOUNT (Orthopedics This Week) The drip, drip, drip of former Orthofix, Inc. employees convicted of cheating Medicare
DePuy is getting rid of its metal-on-metal total hip products
J.&J. Unit Phasing Out All-Metal Hip Devices (NY Times) The orthopedic unit of Johnson & Johnson said Thursday that it was phasing out
MEDSHAPE gets FDA clearance for new soft tissue anchor
MEDSHAPE: FDA NOD FOR ECLIPSE (Orthopedics This Week) MedShape, Inc. has announced the receipt of FDA 510(k) clearance for its Eclipse
Zimmer cuts 50 jobs at home base in Warsaw
Zimmer in Warsaw cuts 50 jobs (ABC 57) A spokesperson from Zimmer in Warsaw says the company will cut the jobs