Former Marketing Manager at Kyphon pleads guilty to federal fraud charges
Ex-Kyphon Manager Pleads Guilty to Fraud (written by Walter Eisner @ OTW) A former senior marketing manager for Kyphon, Inc., pled […]
Medtronic Xomed seeks $2.5M from Jacksonville to create 175 new jobs
Medtronic Xomed seeks $2.5 million from Jacksonville to create 175 jobs (Jacksonville.com) Medtronic Xomed Inc. is seeking $2.5 million in
J&J-DePuy is facing $1B+ in ASR Hip litigation costs
WSJ: JNJ Facing $1+ Billion in ASR Costs (written by Lauren Uzdienski @ HealthPointCapital) A Wall Street Journal article on Friday
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
Wright Medical publishes a new code of business conduct
Wright Medical Group published a new code of business conduct (Memphis Commercial Appeal) The code, outlined in a document filed with
Medtronic acquires 2 surgical businesses at the same time
Medtronic Acquires Surgical Businesses (written by Walter Eisner @ OTW) Medtronic, Inc. announced on July 7 that it was acquiring
A look inside Synthes’ decision process that lead to the J&J acquisition
Synthes Looked For Deal Amid View Of Tough Orthopedics Market (Wall Street Journal) Synthes board saw more challenging orthopedic-device market
The story of the ASR Hip recall from the British perspective
Out of joint: The story of the ASR (British Medical Journal) Why did it take so
Olympus Biotech re-launches OP-1 in Europe under the name “Opgenra”
Olympus Biotech Launches Opgenra, Formerly OP-1 (written by Lauren Uzdienski @ HealthPointCapital) http://www.op1.com/ Olympus Biotech announced this week that the
Arthroscopic repair of femoro-acetabular or hip impingement improves range of motion
Arthroscopic treatment of common hip problem improves range of motion (Hospital for Special Surgery) Successful Hip Impingement Arthroscopic Surgery (OTW) Trends to
Stryker signs exclusive license to distribute the RegenKit-THT, a one-step autologous PRP delivery system
Stryker RegenKit®-THT Offers Safe and Rapid Preparation of Autologous Platelet-Rich Plasma (A-PRP) (press release) Stryker Joint Preservation, a business unit
Medtronic to acquire PEAK Surgical for $120M, maker of tissue cutting device
Medtronic To Acquire PEAK Surgical, Inc. Medtronic Targets Leadership Role in Advanced Energy Surgical Technologies
Medtronic to acquire Salient Surgical Technologies for $525M
Medtronic To Acquire Salient Surgical Technologies, Inc. (press release) The numbers… $535M total price Price = 5.3 X
ArthroCare sells spinal devices to NeuroTherm
NeuroTherm Buys ArthroCare Devices (press release) Arthrocare has reportedly divested its Parallax and Contour product lines used in interventional
Blackstone Group to purchase wound care leader, Kinetic Concepts (KCI), for $5B
Blackstone in Talks to Buy Kinetic (Wall Street Journal) Blackstone Group is in talks to buy Kinetic
Will Controversy Lead Medtronic To Sell Its Spine Business?
Will Controversy Lead Medtronic To Sell Its Spine Business? (Forbes) Could the controversy over Medtronic’s bone-graft product Infuse, assailed
DePuy ASR lawsuits are spilling over into Zimmer Durom Cup lawsuits
Zimmer Durom Cup Named in New Metal-on-Metal Hip Implant Lawsuit (NewsInferno) A new lawsuit involving the Zimmer Durom Cup hip
BMP-2 Dispute Turns Nasty
BMP-2 Dispute Turns Nasty (MedPageToday) Spine Journal Takes Aim at Infuse Research (MedPageToday) Review faults Medtronic spine device studies (Minneapolis StarTribune
French Spine startup, SpineVision, raises $5M for sales and marketing
SpineVision® Raises $5 Million (press release) SpineVision announced today that it has raised $5 million from existing investors, one new investor, and Company
Low-Cost Orthopedic Device Firms Aim To Shake-Up Market
Low-Cost Orthopedic Device Firms Aim To Shake-Up Market (Wall Street Journal) Generic Implants Hit Market (OTW) List of 5 Generic Implants makers:
California to experiment with bundled procedure fees for Joint Replacements
New Hip and Knee Replacement Pay Program (written by Biloine Young @ OTW) Vastly different charges for the same procedure—often performed
Biologics startup, MiMedx, pulls in $5M in Private Placement
MiMedx Group Completes $5,000,000 Private Placement (press release) MiMedx Group, Inc. (OTCBB:MDXG.ob – News), an integrated developer, manufacturer and marketer of patent protected
13 Must-Know Facts for Patients about Joint Replacements
13 Must-Know Facts About Joint Replacements (Health.com) Many people say they’d do it again You will
2 former ArthroCare executives are fined by SEC for an earnings ‘scheme’
Two former ArthroCare executives sanctioned for earnings ‘scheme’ (Austin American Statesman) David Applegate and John Raffle, both former company vice
RFID System Will Monitor and Trace Orthopedic Implants
RFID System Will Monitor and Trace Orthopedic Implants (RFID World Canada) (RFIDWorld.ca) At the University of Pittsburgh, a group
Knee Implant market will reach $11B by 2017 – The Baby Boomers are coming
Stop the Presses! Knee Replacements to Reach $11 Billion (written by Biloine Young @ OTW) Or, put another way,
US Research in Total Hips and Total Knees has been lagging other countries in the last decade
Research in THA and TKA From the United States Has Declined Over the Past Decade Relative to Other Countries
Non-profit is recycling orthopedic implants after going through cremation
Joint Replacements Recycled? (written by Biloine Young @ OTW) With American orthopedists installing more than a million artificial hips
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
Exactech employee chooses a home-grown total knee for himself
Man helps design his own knee-replacement (Gainesville.com) Kevin Hindle, seen here on Wednesday with an artificial knee joint, regained
ConforMIS raises $68M in stock offering for more working capital
ConforMIS Launches $68M Offering (Boston CityBizList) ConforMIS Inc.has launched a $68 million series E-1 and E-2 convertible preferred stock offering,
Study finds new sealant gel effective in closing spinal wounds postoperatively
Study finds new sealant gel effective in closing spinal wounds postoperatively (OrthoSuperSite) A national multicenter randomized study by researchers with
Chinese implant maker, Bonovo Orthopedics, to sell hips and knees
Bonovo® Orthopedics, Inc. Launches New Division Focused on Joint Reconstruction (press release) http://www.bonovo-ortho.com/ BEIJING–(BUSINESS WIRE)–Bonovo® Orthopedics, Inc. announced today that
A closer look at DePuy’s new President, Andrew Ekdahl, and the challenges he faces
Ekdahl Promoted to DePuy Orthopaedics President (OTW) DePuy announces new Leadership (press release) DePuy’s Ekdahl off and running (Fort Wayne
Smith & Nephew acquires Calgary-based Arthroscopy business, TENET Medical Engineering
Smith & Nephew Inc. Acquires Privately-Held TENET Medical Engineering, Inc.; Premier Provider of Surgical Patient Positioning Equipment (press release) ANDOVER,
Indiana’s $44B Life Sciences Industry Packs a Powerful Punch
Indiana’s $44 Billion Life Sciences Industry Packs a Powerful Punch (press release) New report underscores state’s national rankings as a
The FDA has lengthened the average 510(k) clearance time, +37% in 4 years
Analysis of US FDA Data Shows 37% Increase in 510(k) Clearance Times Since 2006 (QMed) Key findings from Emergo
Vexim, a French Spine startup, gives an update on the SpineJack
http://www.vexim.fr/ Vexim: Two New Implants (written by Elizabeth Hofheinz @ Orthopedics This Week) A certain minimally invasive (MI) French company
FDA needs better recall monitoring, says GAO
US FDA needs better recall monitoring, says GAO (Reuters) Congressional auditors have faulted U.S. health regulators for failing to track
Senators Investigating Medtronic for links between Surgeons consulting fees and Infuse usage
The Senate letter to Medtronic – June 21, 2011 Senators Look Into Medtronic, Doctors (WSJ Blog) The Senate Finance
Dentsply to acquire Astra Tech for $1.8B making Dentsply the #3 dental implant maker
FT: Dentsply in Talks to Buy Astra Tech (HealthPointCapital) Dentsply buys Astra Tech for $1.8 billion (Reuters – UK) The
Spinal Modulation raises $30M to develop electrical stimulator to spinal cord
Back Pain Company Raises $30 Million (written by Biloine Young @ OTW) Spinal Modulation, Inc., a developer of an
NovaBone adds new VP R&D and expands facility
NOVA BONE: Much More Than a Shooting Star! (SpineBlogger) NovaBone Expands Development Capabilities for Orthopedic and Dental Bioactive Bone Graft
OrthoFix CEO Resigns – Alan Milinazzo out, Robert Vaters in
out in Robert S. Vaters Named President and Chief Executive Officer (press release) OFIX CEO Resigns; COO Named as Replacement
Spinal Modulation receives $30M for its spinal cord stimulator
Spinal Modulation Secures $30 Million Series D Financing (press release) Spinal Modulation, Inc. announced today the completion of its
FDA Approves 1st Ceramic-On-Metal Total Hip Replacement
FDA Approves First Ceramic-On-Metal Total Hip Replacement (press release) The FDA approved the first ceramic-on-metal total artificial hip system for
How Long Will Joint Replacements Last?
How Long Will Joint Replacements Last? (OTW) Only a few years ago, joint replacements were performed, almost exclusively, on
DePuy announces new President after only 3 months of searching
DePuy Announces New Leadership (press release) WARSAW, IN — DePuy Orthopaedics, Inc., a global leader in devices for joint
OrthoSensor wins ISO certification for its smart knee trialing system
OrthoSensor, Intelligent Orthopedic Device Innovator, Receives ISO 13485 Certification (press release) OrthoSensor sells a smart trialing system gives surgeon
An Ortho-Tag sensor will tell orthopedists the condition of an implanted device with the wave of a wand
Wireless tags give physicians details and condition of orthopedic implants with the wave of a wand (TechNews) Ortho-Tag would