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 […]
5 Senators start investigation into the legality of physician-owned distributorships (PODs)
Senators Request Probe of Surgeons (Wall Street Journal) Five U.S. senators asked the Inspector General of the Department of Health
Feds seek prison for Synthes execs over Norian deaths
Feds seek prison for Pa. execs over surgery deaths (Philly.com) Lawyers seek leniency for ex-Synthes executives (Philly.com) Synthes Executives plead
Brainlab acquires Voyant Health for an undisclosed amount
Brainlab buys orthopedic imaging co Voyant Health for $10m (Globes) Brainlab Acquires Voyant Health (press release) MUNICH and TEL AVIV,
Higher risk of complications after joint replacement seen at low-volume hospitals
Higher risk of complications after joint replacement seen at low-volume hospitals (OrthoSuperSite) Patients who undergo elective total hip or total knee arthroplasty
Stryker acquires Memometal Technologies for Nitinol bone staple business for $162M (5 X multiple for a extremities trauma company)
Stryker Announces Definitive Agreement to Acquire Privately-Held Memometal Technologies S.A. for $162 Million (press release) A Look at the Numbers…
Generic trauma implant manufacturer to offer bone screws for 60%-75% less than brand names
Maker of medical implants creating a low-cost niche (Northern Nevada Business Weekly) OIC Facebook Page Get ready for generic implants
Medtronic Sofamor Danek to Cut 82 Memphis Jobs
Medtronic to Cut 82 Memphis Jobs (The Daily News) … Unlock the full article and exclusive OrthoStreams insights: in-depth analyses,
LA Times interview with Dr. Gary Michelson “How I Made It”
How I Made It: Dr. Gary Michelson (LA Times) L.A. Surgeon to Be Paid $1.35 Billion for Patents (LA Times
Stem Cells May Prevent Need for Joint Replacements, if FDA Allows It
Stem Cells May Prevent Need for Joint Replacements, if FDA Allows It (press release) TUCSON, Ariz., June 1, 2011 /PRNewswire-USNewswire/ — Patients’
Stryker’s OtisMed Gets Knee Surgery Clearance
Stryker’s OtisMed Gets Knee Surgery Clearance (OTW) Stryker has received 510(k) clearance from the FDA for its ShapeMatch Cutting Guides.
FDA device chief, Jeff Shuren, is in complete denial regarding the effects of the Agency on innovation
FDA device chief Shuren: Recession played a role in pushing medical device industry to EU (MassDevice) The “Device Gap” between
ReGen Biologics sues FDA over 510(k) rescission
ReGen Sues FDA Over Knee Surgery Device (OTW) ReGen Biologics sues FDA over 510(k) rescission (MassDevice) The lawsuit calls the
Stryker exec Michael Mogul jumps ship for DJO Global
Stryker exec Michael Mogul jumps ship for DJO Global (MassDevice) Mr. Mike Mogul and Mr. Kevin Lobo Lobo In at
Not quite yet…Orthovita shareholders sue to stop $316M Stryker buyout
Orthovita shareholders sue to stop $316 million Stryker buyout (MassDevice) Stryker Commences Tender Offer for Acquisition of Orthovita, Inc. (press
New operating table makes the anterior approach to total hip replacement easier
Princeton Baptist Medical Center, a member of the Baptist Health System in Birmingham, AL, is revolutionizing regional orthopedic care by
The Feds OK Synthes’ divestiture of Norian to Kensey Nash… sort of
Synthes’ deal with Kensey Nash seems OK with feds (Philly.com) Without saying they approve or disapprove of such deals, the
X-rays before hip arthroscopy may predict the need for Total Hip in the future
Radiographic findings may be used to predict likelihood of THR following THA (OrthoSuperSite) Preoperative radiographs may be effectively used to gauge
Stryker cuts 142 jobs in Ireland as a result of combining plants
A setback for Medical Device Jobs in Ireland (Pharceutical Jobs) US medical device and orthopedic implant maker Stryker has decided to
Kensey Nash buys Synthes divested Norian business for $22M
Kensey Nash buys Swiss device maker’s unit for $22 mln (Reuters) rd Synthes sells Norian to Kensey Nash (Philly.com) Synthes
Orthopedic balloon startup raises $2.6M to treat shoulder
Orthopedic balloon co Ortho Space raise $2.6m (Globes) Ortho Space Ltd. has raised $2.6 million at a company value
Integra LifeSciences Acquires SeaSpine for $89M
Integra LifeSciences Acquires SeaSpine (press release) Price is 1.8 X 2010 sales of $50M Integra Spine Doubles Its Distribution Network
Medical Device startups have become riskier for Venture Capitalists
Venture capitalists say investing in a medical device start-up has gotten riskier (StarTribune) Investing in a medical device company these
2 Autologous Cartilage Regeneration companies merge – Biotech Firms Histogenics and ProChon
Biotech Firms Histogenics and ProChon Merge (OTW) Histogenics Acquires ProChon Biotech in an All-Stock Transaction (HealthPointCapital) Histogenic acquired ProChon Biotech in
Zimmer launches new bone defect augmentation shapes for revision total knees
Zimmer Introduces Comprehensive Range of Trabecular Metal™ Augment Shapes and Cones for Knee Revision Surgery (press release) Zimmer’s New Tool
TranS1 is losing sales traction due to reimbursement issues
Lower Revenue, Reimbursement Progress for TranS1 (OTW) TranS1 Inc. reported a 24% decline on $5.1 million of revenue during the
MAKO Surgical is going Direct-to-Consumer with the MAKOplasty technique
MAKO Surgical Corp. Steps up Its Global Engagement Through MAKOplasty.com (press release) … Unlock the full article and
Stryker acquires Orthovita for $316M
Stryker to acquire Orthovita for about $316 mln (press release) Stryker Snaps Up Orthovita for $316 Million (OTW) The numbers…
21 metal-on-metal hip companies will have to report ongoing clinical data for the FDA
Metal Hip Replacements: Toxic Effects? (WebMD) Can metal-on-metal hip replacements make people sick by releasing metal ions into the bloodstream?
FDA Panel favors “Approval” for Biomimetics Therapeutics Augment bone growth factor
FDA Panel Vote… Safety? – 12 Yes, 6 No Efficacy? – 10 Yes, 8 No Benefits outweigh Risks? – 10
Orthopedics device maker building new facility and adding 60 jobs
Med device-maker growing Orthopedics device maker plans to grow, add 60 jobs (JournalGazette in Fort Wayne) A local Fort Wayne
New CEO announced at Medtronic
Medtronic Board of Directors Announces Appointment of Omar Ishrak as Chairman and CEO (press release) Biography Medtronic Inc. (NYSE: MDT)
A test for detection of early Joint Replacement failure
Test for Joint Replacement Failure (OTW) Joint replacement patients won’t start beeping, but he or she could have an early
Feds accuse Wright Medical of violating their deferred prosecution deal
Feds accuse Wright Medical of breaking deferred prosecution deal (MassDevice) WMGI’s Compliance Issues Deepen as U.S. Attorney Alleges “Material Breach”
Is the sacroiliac joint an overlooked Spine market? SI-Bone thinks so.
An Overlooked Spine Market? (OTW) SI Bone has developed proprietary surgical devices to fixate the sacroiliac (SI) joint using minimally
3 Spine Surgeons are publicly disciplined in New Jersey for not disclosing financial interests in with Synthes
ProDisc Spine Docs Disciplined in Jersey (OTW) US doctors face sanctions for spine study payments (Reuters) The Attorney General’s Office
Researchers Identify Tool To Detect Total Joint Replacement Surgeries That Are Starting To Fail
Researchers Identify Tool To Detect Total Joint Replacement Surgeries That Are Starting To Fail (MedicalNewsToday) Medical Groups Tracking Hip, Knee
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
Meet the world’s largest Orthopedic company – J&J/DePuy + Synthes
+ link to The Press Release Post-deal numbers… The largest combined Orthopedics company by a mile Largest acquisition in J&J
Tornier launches new rotator cuff repair mesh made from resorbable polymer fibers
Tornier Launches Rotator Cuff Mesh (OTW) BioFiber Surgical Mesh is a proprietary three-dimensional fiber structure designed to provide a strong
Decreased length of hospital stay leads to more readmissions after total hip replacement
Decreased length of hospital stay, but increased readmissions found after hip replacement (OrthoSuperSite) A recently published study in Journal of the
Some of the Smith & Nephew “9” fight back with counterclaims
Ex-Smith & Nephew Workers Push Back (Memphis Daily News) Smith & Nephew now has to deal with countercomplaints filed by
Anulex reduces staff after receiving an FDA warning letter regarding Xclose anular repair system
Layoffs occur at Anulex following FDA’s warning letter (MedCityNews) The FDA had granted Anulex a 510(k) approval for the Xclose
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
Modern Hip Replacements: the Good news and the Bad news
Hip Replacements: Good and Bad News (Ivanhoe) Total hip arthroplasty is a safe and effective therapy for patients with advanced
MicroAire Surgical to expand Virginia operations
MicroAire Surgical to expand Virginia operations (Business Week) MicroAire Surgical Instruments is planning to expand its operations in Albemarle
Benvenue Medical closes $35M Series C funding for clinical trial of their new VCF system
Benvenue Medical Closes $35.5 Million Series C Financing (press release) Benvenue Medical, Inc., a developer of minimally invasive solutions for
What’s next? Smith and Nephew + Biomet?
Smith & Nephew under pressure as rivals hold talks (Telegraph) If J&J does decide to pursue Synthes, it could pave
Use of PRP (platelet-rich plasma) does not accelerate rotator cuff healing
No benefit of platelet-rich plasma found for rotator cuff healing (OrthoSuperSite) Using autologous platelet-rich plasma at the time of rotator cuff repair
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