The Orthopedics Industry Embracing Risk: The Hidden Weapon in Your Startup.
In the early years, orthopedic startups grapple with inherent vulnerabilities, even as they nurture a vision for groundbreaking technologies and […]
HOLO Portal was just acquired for $0.9M. What just happened?
Augmedics may have just grabbed the deal of the century. A quick background and three thoughts. Background: Surgalign spent $125M
The Orthopedics Success Equation: Business Model or Technology?
In the ever-evolving realm of orthopedics, a counterintuitive insight challenges conventional thinking: Owning the most advanced technology or best product
Proprio raises $43M and readies for commercialization.
Why is Proprio important? The Proprio Paradigm technology has the potential to revolutionize orthopedic and spine surgery in a number
Wake up!
Orthopedic companies MUST learn financial discipline in order to survive. The easy capital faucet is was turned off forever back
Ortho technology trends in 2023
Below are 8 technology based trends in the ortho industry this year. 1/ The rise of robotic surgery: Robotic surgery
Orthopedic Hiring – the shift in supply and demand dynamics
In the midst of the ever-evolving orthopedic business, the industry is experiencing a new and unique challenge—finding and hiring the
AI-Powered Precision: Is this the Future of Orthopedic Care?
AI Is Poised to “Revolutionize” Surgery (written by Jim McCartney for the American College of Surgeons) The daily barrage of
Anatomy of a failed Medtech business
In reading about the failure of ViewRay and thought that it was representative of how orthopedics companies have failed in
Seeking fulfillment in the Orthopedic Industry –> the rise of Agency.
In this rapidly changing world of orthopedics numbers of industry professionals are expressing their desire for greater control over their
Trauma fracture startup, Curvafix, raises $39M and changes out CEO.
Websites… https://curvafix.com/ https://mvm.com/ CurvaFix raises $39M, announces new CEO (MassDevice) CurvaFix announced today that it closed a $39 million equity
Useful orthopedic startup metrics.
Smart orthopedic startups use metrics to monitor the health of their business. Below are 11 useful metrics that software startups
A fantastic productivity tool for orthopedic companies.
This is one of the single best business ideas I’ve ever heard. Any orthopedic companies can use this tool. Ortho
3 Phases of an Acquisition: A Rollercoaster Ride for Employees
Large ortho acquisitions can have a profound impact on employees, as the acquired people navigate through a range of emotions
A Wake-Up Call for all Orthopedic employees – the strong, the average and the weak.
The orthopedic industry has long been a sought-after field, attracting individuals interested in orthopedic medicine. Many entered the orthopedics industry
Augmedics raises $82.5M to further drive adoption of their xvision AR spine system.
Augmedics was first to bring AR to spine back in 2019. The system has now been used on 4,000 patients.
Zavation, backed by a PE group, acquires CoreLink for undisclosed amount.
Zavation, a Gemspring Capital Portfolio Company, Acquires CoreLink (press release) Zavation Medical Products, LLC (“Zavation”), an innovative designer and manufacturer
Worried about getting fired? Here’s your 6-part plan.
You may have noticed that there are a ton of layoffs happening in Orthopedics. There are more coming. Worried about
Restor3d acquires Conformis for $16M in cash for stock.
Restor3d to acquire Conformis for $2.27 per share (MassDevice) websites: https://www.restor3d.com/ https://www.conformis.com/ This ends the death spiral for Conformis. ConforMIS
Additive Manufacturing Solves 5 Key Problems in Orthopedics
(Guest article by Jason Murphy, President/CEO Next Chapter Manufacturing + NXCMED) In the field of orthopedics, additive manufacturing has emerged
Surgalign’s big bet – the pivot from hardware to AI.
Surgalign reached a market cap of $180M in May 2019. They posted $117M in gross sales in 2019. Four years
Balancing Individual needs versus Team needs in Ortho Companies
Some ortho companies face a crucial question as they consider bringing employees back to the office: Should they prioritize individual
Highlighting 11 disruptive orthopedic plays
1/ Osiris Therapeutics Wikipedia: https://en.wikipedia.org/wiki/Osiris_TherapeuticsCountry: USA | Funding: $95MOsiris Therapeutics is a stem cell company, which focuses on developing and
Doing more with less.
Today, the Big Orthos are posting record sales, and at the same time record layoffs. I wrote about this strange
3D Systems trying to acquire Stratasys for $1.2B.
Not a completed acquisition yet, but this unsolicited bid from 3D systems for Stratasys is sure to shake things up
Treace Medical enters personalized F&A surgery with $30M acquisition of pre-operative planning and patient-specific guides
Treace Medical Concepts, Inc. PONTE VEDRA, Fla., June 01, 2023 (GLOBE NEWSWIRE) — Treace Medical Concepts, Inc. (“Treace” or the
Where is your next Lily Pad ?
As an observer of Orthopedic careers, I have noticed intriguing patterns. I’ve witnessed careers that soared to great heights and
The Wright Mafia
I want to introduce the twelve orthopedic leaders who I call the “Wright Mafia”. The “Wright Mafia” comprises of former
The history of Wright Medical Technology from 1950 to 2004
Sharing the history of Wright Medical up to the 2000’s. This history will set the table for my next article
How your bias is sabotaging your hiring.
What you want from your hiring process… Employees who are resilient, risk taking, honest and transparent. What you are getting
This little device is a no-brainer to improve early outcomes with TKA.
Remote Monitoring using Wearable Technology after Knee Arthroplasty Using a Joint-Specific Wearable Device: A Prospective Cohort Study of 435 patients
Headwinds
I have watched many orthopedic companies create self-imposed difficulties for their business… or headwinds. They obviously don’t create headwinds on
Don’t Get Left Behind in the Digital Revolution of Orthopedics.
Orthopedic Implant Manufacturer, As a leader in the orthopedic industry, you know the importance of staying up-to-date with the latest
The Charmed Life of an Orthopedic Startup Founder
In 1999, a young engineer named John was working at a large medical device company. He was frustrated with the
3 questions… as the MedTech world changes right before our eyes.
1/ Is funding of AI-based startups hype or is this the new future ? 2/ Will AI systems based on
LifeNet Health acquires Bioventus wound business for $85M cash
Bioventus divests wound business to LifeNet Health (MassDevice) This sale is another sign of the tight financial times. Unprofitable orthopedic
The Orthopedic industry paradox.
Ortho community, I need your help to make sense of this paradox. There is a financial trend going on that
Timing Matters: Learn the Magic Window of Opportunity during the Hiring Process.
One of the most underrated aspects of the hiring process is timing. From the perspective of both employers and candidates,
ZB acquires 3D-printed implant maker Ossis
Zimmer Biomet to acquire 3D-printed implant maker Ossis (MassDevice) Zimmer Biomet (NYSE: ZBH)+ announced today that it reached a definitive agreement to
The Orthopedic Capital of the World
Read also – Early history of 3 Orthopedics giants in the unlikely city of Warsaw Indiana Warsaw, Indiana has earned
Merger shakeup 2023!
We are all watching two big mergers play out in orthopedics this year. Nuvasive/Globus 8Feb2023 – announcement of merger 1Sep2023
Breakthrough: A better way to train AI for orthopedic surgery.
Summary Researchers at the Laboratory for Computational Sensing and Robotics have developed SyntheX, a system for creating realistic synthetic X-ray
The Innovation Dilemma for the Big Orthos
Innovation is essential for any orthopedic company looking to stay ahead of the curve in a fast-changing landscape. Yet, innovation
ATEC acquires robot system from Accelus for $55M cash.
TAKE HOME MESSAGE: ATEC has leveraged their all time high stock price, sold $66M in stock and paid $55M to
Eric Major’s comments on the Globus + Nuvasive merger.
Written by Wells Fargo as an Equity Research piece on April 17, 2023. TIMELINE May2023 – Not so fast! The
10 top surgical navigation systems startups
(according to Tracxn Jan2023) Globally there are 146 Surgical Navigation Systems companies, but here is the list of the 10
Meet the 9 billionaires in orthopedics.
Reinhold Schmieding Forbes just released their world billionaire list. Link is here. My observations: Looks like you have to work
Moximed MISHA Knee wins FDA clearance, finally.
“After $183M in funding and 17 years of work, and 4 redesigns of the device, Moximed has finally won FDA
Stepping into the future: How Treace Medical Concepts is revolutionizing F&A surgery with a relentless culture.
What some people recognize as “fearlessness” in a successful company, is really just “persistence”. Tiger at TMC Recently, I had
The way I see the trends in 2023.
Profitable > Unprofitable You want to work inside a break-even business or profitable business. Unprofitable ortho businesses are under extreme