9 Growth Drivers effecting the Orthopedics boom in China
China Orthopedic: What Drives The Growth? (Seeking Alpha) China has around 200 million people over the age of 60 now, with […]
Report predicts growth or decline in each spine market segment through 2020
Growth in spine surgery technologies to 2020 (Med Market Diligence) Driven by aging populations and technological advances leading to improved devices
Stryker continues to cut jobs reducing Workforce by 5% ahead of the 2.3% Medical Device Tax
Stryker to Cut New York Jobs (Orthopedics This Week) According to a “WARN” notice filed with the state of New York,
Greatbatch/Precimed to Relocate Ortho Unit from Switzerland to Fort Wayne and Tijuana
Greatbatch to Relocate Ortho Unit – Analyst Blog (Nasdaq Blog) Medical technology company, Greatbatch Inc. recently proposed to relocate Greatbatch Medical’s orthopedics manufacturing
Positive Clinical Results for the NLT Spine’s PROW FUSION for spinal fusion in transforaminal (TLIF) procedure
NLT SPINE: Positive Results for PROW FUSION (Orthopedics This Week) Go in small, but deliver a big footprint…NLT SPINE has announced
Longer lasting Joint Implant material developed at Colorado State is now working in humans
Joint Implant Material Created at Colorado State University Now Working in Humans (Colorado State) FORT COLLINS – A new, longer-lasting joint implant
Med Device companies are concerned that the 2.3% tax will stunt research and result in workforce reductions
Mass. reaction: Insurers feel better while device makers ill (Boston Herald) Blue Cross Blue Shield of Massachusetts CEO Andrew Dreyfus hardly
Benvenue Medical bags $25M in Series D Financing to study its innovative VCF systems
Benvenue Medical Secures $25 Million Series D Financing (press release) Spine Company is Well-Poised for Rapid U.S. and Global Sales in
Synthes sale to J&J was driven to benefit its Chairman, Hansjoerg Wyss
J&J’s Synthes deal purportedly benefited chairman (Bloomberg News) Johnson & Johnson’s $21.3 billion buyout of Synthes Inc. shortchanged the medical-device maker’s
Corin to continue distribution of the LARS Artificial Ligament in UK and Australia
Corin Group Reaches Agreement With LARS SA (press release) Corin Group Plc. (CRG.L) said it has reached an agreement with LARS
Europe’s recession likely to hurt Stryker’s orthopedic business in Q2
Europe’s recession likely to hurt Stryker’s orthopedic business in Q2 (MassDevice) Southern Europe remains a “challenging” environment for ortho giant Stryker
FDA Panel on Metal-on-Metal Hip provides guidance on 8 questions, but no answers to the overall Dilemma
FDA Panel: No Answers to MoM Hip Dilemma (MedPageToday) Two days of public hearings yielded little in the way of solid
Orthopedic Extremity Device Market to Surge Past $4.2B by 2016
Orthopedic Extremity Device Market to Surge Past $4.2B by 2016 (Millennium Research Group) According to Millennium Research Group (MRG), the global
This week: FDA Panel Meeting to review Metal-on-Metal Hip Replacements
F.D.A. Hearing to Focus on Replacement Hips (NY Times) The Food and Drug Administration will start a two-day hearing on Wednesday meant to
Lawfirm summarizes Metal-on-Metal issues with 17,000 Adverse Events reported to FDA
FDA Reports Nearly 17,000 Adverse Events From Metal Hip Implants (press release) Bernstein Liebhard LLP, a New York law firm nationally
Irish Bone and Cartilage regeneration startup, SurgaColl Technologies, naps €2M in funding
Medical device spin-out SurgaColl Technologies gets €2m injection (Silicon Republic) SurgaColl Technologies, a spin-out from the Royal College of Surgeons in
California Hospitals Double Dip on Spine Surgeries
Hospitals Double Dip on Spine Surgeries (Biloine Young @ OTW) Some California hospitals collect duplicate payments for spinal surgeries—get paid twice—according
Change is in the Air: A Medtech Industry SWOT Analysis
Change is in the Air: A Medtech Industry SWOT Analysis (QMED) Medical device companies are being forced to rethink their business
Can a blood clot help heal a rotator cuff tear?
Blood Clots Heal Rotator Cuff Tears (Biloine Young @ OTW) Can a blood clot help heal a rotator cuff tear? Christopher
Will Steve MacMillan run DePuy after the Synthes acquisition?
MacMillan to DePuySynthes? (Walter Eisner @ OTW) First The Wall Street Journal reported that the former Stryker Corporation CEO was gunning for a
Medical Device Venture Capitalists back away from “me too” companies
Venture capitalists back away from “me, too” companies (MassDevice) Venture capitalists are looking to put their money into med-tech’s next disruptive
Sports medicine startup, Biomimedica, raises $14M for synthetic cartilage to repair joints
Biomimedica® Announces the Closing of its Oversubscribed Series B Financing (press release) Biomimedica®, Incorporated (www.biomimedica.com), a medical device start-up company
Biomimetic Therapeutics publishes Ankle fusion results of Augment Injectable Bone Graft Clinical Trial
Timothy Daniels, MD Presents Results from Augment™ Injectable Bone Graft Clinical Trial (press release) Dr. Timothy Daniels, associate professor of orthopedic
Precision Spine Acquires Spinal USA and Precision Medical for $72M
Precision Spine Acquires Spinal USA, LLC & Precision Medical of Mississippi, LLC (press release) Precision Spine, Inc. (“Precision Spine”) announced today
Hopkins Study says single leg cast works just as well as a spica cast
De-Cast the Kids, Says Hopkins Study (Biloine Young @ OTW) new study from Johns Hopkins Children’s Center challenges the longstanding practice
Israeli startup grows Human Bone from Stem Cells
Human Bone Grown From Stem Cells (Biloine Young @ OTW) Bonus BioGroup website Start-up Nation: The Story of Israel’s Economic Miracle
Histogenics NeoCart autologous cartilage tissue is shown to be superior to Microfracture at 2 years
NeoCart Tissue Implant Superior to Microfracture (Biloine Young @ OTW) The regenerative medicine company Histogenics Corporation received encouraging news in an
Aesculap launches new VEGA Posterior Stabilized Knee Replacement Technology
Aesculap Implant Systems, LLC Debuts New VEGA System® PS Knee Replacement Technology (press release) The VEGA System Design is a Pivotal
FDA-CDRH Director Jeff Shuren Touts Improvements in the FDA Process
CDRH’s Shuren Touts Improvements in FDA Process (HealthPointCapital) Copy of Dr Shuren’s slides –> Dr Shuren – Memphis 11June12 In comments
Spinal Device 510k Clearances in May = 20
The FDA granted 20 spine-related device clearances in May. Ayers Rock Cervical Cage from Qualgenix. Lateral Fusion Device from Integra Spine. Mont Blanc Pedicle
TransCorp Spine gets 510K Clearance for SpinePort cervical spine access system
TransCorp Spine Receives FDA 510(k) Clearance for the SpinePortTM Spinal Access System for Minimally-‐Invasive Access and Visualization of the Cervical
BYU engineers conceive disc replacement to treat chronic low back pain
BYU engineers conceive disc replacement to treat chronic low back pain (BYU News) In between the vertebrae of the human spine
ConforMIS, the custom knee implant maker, to raise another $68M in stock offering
ConforMIS issues $68M stock offering (MassHighTech) The recipient of one of the largest venture capital investments nationwide in the first quarter
Mazor Introduces C-OnSite Spinal Implant Verification Software
Mazor Introduces C-OnSite Spinal Implant Verification Software (MegGadget) Mazor Robotics (Caesarea, Israel) has made available globally its C-OnSite software that allows for
ISTO awarded a patent for Fusion Osteobiologic Bone Graft Extender and Substitute
ISTO’s Fusion Osteobiologic Granted Patent (Walter Eisner @ OTW) The U.S. Patent Office has issued a fundamental U.S. patent for the
OrthoFix pays an additional $34M to Settle False Claims Allegations with its Bone Growth Stimulators
Texas-based Medical Device Manufacturer Pays U.S. $34 Million to Settle False Claims Act Allegations (Department of Justice) Orthofix Inc., a Texas-based
In a Chinese Orthopedic acquisition, Mindray Medical Acquires Dragonbio for $35.5M
Mindray Medical to Acquire Controlling Stake in Dragonbio’s Orthopedics Business for US$35.5 Million (press release) Mindray video introduction Mindray Medical International
SANUWAVE Technology Shown to Proliferate Stem Cells and Form Bone
SANUWAVE Technology Shown to Proliferate Stem Cells and Form Bone (press release) SANUWAVE Health today announced the publication of peer-reviewed, preclinical research
3 Best Practices for Total Knee Replacement found after studying 11,000 cases
Three Best Practices for Knee Replacement (Biloine Young @ OTW) Manage patient expectations. Multidisciplinary teams for complex patients. Dedicated nurses in
Biomet to spin out its dental division named Biomet 3i
Biomet decides to explore options for spinning out its 3i dental devices division, following Abbott’s lead and Goldman Sachs’ advice
NBA legend, Bill Walton, leads Med-Tech delegation to help fight the Medical Device Tax
NBA legend Bill Walton leads med-tech delegation to Capitol Hill (Mass Device) The medical device industry unleashes one of its best
Titanium Surface is better than PEEK for Spinal Cages in Bone Formation
Titanium Surface Supports Bone Formation (Biloine Young @ OTW) The titanium alloy surface made by Titan Spine and designed to create
Orthofix integrates the Brainlab imaged guided system with its pedicle screw systems
Orthofix International Announces Integration with Brainlab Spinal Image Guided Surgery System (press release) Orthofix International N.V. announced today that it has
Smith and Nephew Proactively Withdraws a Metal-on-Metal Hip Option from the Market
Voluntary market withdrawal of hip component (press release) Smith & Nephew, the global medical technology business, has decided to initiate a
Spinelab Raises $4.7M in funding to commercialize Elaspine in Europe
Spinelab Raises Series C from BioMedInvest and VI Partners Leads (press release) Spinelab AG, a privately held company, specialized in developing
Globus Medical raises its IPO ceiling to $150M from $100M
Globus of Audubon increases IPO goal (Philadelphia Business Journal) Globus Medical bumped up the maximum amount it is seeking to raise
New Implant Manufacturer in France, Safe Orthopaedics, Launches Pedicle Screw System
Newly formed Safe Orthopaedics to revolutionize the cost effectiveness, safety, traceability and efficiency of orthopaedic and spinal implant systems (press release)
TransCorp Spine, a spine startup in Grand Rapids, names Chris Welch as CEO
TransCorp Spine Names Christopher Welch President and Chief Executive Officer (press release) TransCorp Spine, Inc., a privately-‐held medical device company
Zimmer launches the Sidus Stem-Free Shoulder System
Zimmer Launches Sidus(tm) Stem-Free Shoulder System at EFORT 2O12 (press release) Zimmer Holdings, Inc., a global leader in musculoskeletal health, today
Biomet to acquire DePuy Trauma business for $280M
Biomet Makes a Public Bid to Acquire Depuy Trauma Business For $280M Cash J&J’s DePuy Orthopaedics OKs Biomet bid for