UPDATE: Stryker settles with DOJ in the OtisMed knee investigation
Former OtisMed Corp. (NYSE:SYK) CEO Charlie Chi admitted to intentionally distributing knee replacement surgery cutting guides after the company’s application […]
Off-Label Use and Promotion is protected by Federal Court
Off-Label Use and Promotion Protected by Federal Court (Orthopedics This Week) Federal appeals court panel said on Monday, December 3, that
The new DePuy Spine President quits after a few months
The Worldwide President of Depuy Synthes Spine, Namal Nawana, just announced his resignation this morning after only a few months
Stryker Invests $30M in Overseas Device Research and Development
US$30m R&D investment at medical devices giant Stryker’s Cork operation (Silicone Republic) Twenty new R&D jobs are to be created as
AdvaMed Chief predicts a delay to the new 2013 Med Device Tax
AdvaMed Chief Predicts Device Tax Delay (Orthopedics This Week) Stephen Ubl, the president and CEO of the world’s largest medical technology
Dramatic Rise in Shoulder Arthroplasty
Dramatic Rise in Shoulder Arthroplasty (Orthopedics This Week) Shoulder Arthroplasty Exploding John Sperling, M.D., M.B.A. is professor of Orthopedic Surgery at
Two New FDA Rulings Expand Integra’s Product Offerings
Two New FDA Rulings Expand Integra’s Product Offerings (Orthopedics This Week) Earlier this month, the Food and Drug Administration approved an
Total Knee and Total Hip surgery rates vary widely across the US
Variation in TKA & THA Rates (Orthopedics This Week) The rate at which surgeons perform hip and knee replacements as well
Bioventus, an orthopedic products startup, leases $5M Office, creates 44 Jobs
Bioventus Leases $5M Office, Creates 44 Jobs (Area Development) Bioventus, an orthopedic products producer, will invest $5 million to lease 40,000-square-foot
Happy Holidays! Stryker to fire 1,000 employees by year end
Stryker Corp. to complete planned layoffs of 1,000 workers by end of 2012 (Michigan Live) Stryker Corp.’s planned layoffs of 5
Wright Medical buys BioMimetic’s Platelet-Derived Growth Factor (PDGF) for $190M
Wright Medical to buy BioMimetic for $190M (Bloomberg) Press Release from Wright Medical device maker Wright Medical Group Inc. plans to
Duke Researchers have successfully created articular cartilage
Go Duke! Researchers Create Joint Cartilage (Orthopedics This Week) Step by step researchers are closing in on a major goal in
Synthes Recalls Every Fixation Nail System Sold Since 2004
Synthes Recalls Every Fixation Nail System Sold Since 2004 (Orthopedics This Week) Synthes Trauma has recalled every single Trauma Fixation Nail
RTI Biologics launches new biologic implant for orthopedic and spine surgeries
RTI Biologics launches new biologic implant for orthopedic and spine surgeries (Equities) RTI Biologics Inc., or RTI, a processor of orthopedic,
Corin to be acquired by Italian Ortho Manufacturer for $48M
Corin set for £30.5m takeover (Insider Media) Italian consortium 2IL Orthopaedics Ltd has made an offer of £30.5m to acquire orthopaedics
Change at the top for Tornier – Doug Kohrs retires
Tornier Appoints David H. Mowry as Interim President and CEO (press release) Tornier N.V., a global medical device company focused on
Another Generic implant startup enters the fray –> NovoSource
Orthopedic implant startup hopes to find market share with lower-cost proven technology (MedCityNews) NovoSource Inc. doesn’t claim to have the next cutting
Intrinsic Therapeutics lands $11.6M in new funding for treatment of herniated lumbar discs
Intrinsic draws up $11.6M funding round (MassHighTech) Spinal implant maker Intrinsic Therapeutics Inc. has landed another round of equity, options and warrants
Stryker Announces Changes to Executive Leadership
Stryker Announces Changes to Executive Leadership (press release) Stryker Corporation (NYSE:SYK) announced today the appointment of David K. Floyd to the
The Future of Orthopedics Hinges on Technological Improvements
Orthopedics’ Future Hinges on Technological Improvements (MedicalDeviceNow) Orthopedic companies should focus on value rather than product innovation in order to survive
FDA approves new concentrated platelet rich plasma system by Cytomedix
FDA approves new concentrated platelet rich plasma system (Helio) Cytomedix Inc. received FDA clearance for the use of its Angel Concentrated
The Ten Best New Spine Technologies of 2012
The Ten Best New Spine Technologies of 2012 (Orthopedics This Week) are Biomet, Inc., ISTO Technologies, Inc., Medtronic Spine and Biologics,
ConforMIS, the personalized joint replacement company in Boston, is expanding 4X
ConforMIS Growing, Moving (Orthopedics This Week) ConforMIS, Inc. has relocated its headquarters to 28 Crosby Drive in Bedford, Massachusetts, bringing the
Obamacare’s silent job killer – the Medical Device Tax
Column: Obamacare’s silent job killer (USAToday) The Affordable Care Act’s medical device tax harms the economy and patients. Obamacare has been
Too Much Knee Surgery? Dirty Details of Medicare Review, and More.
Too Much Knee Surgery? Dirty Details of Medicare Review, and More (Orthopedics This Week) Dr. Donald Shelbourne, founder of the Shelbourne
Zimmer pulls metal-on-metal Durom acetabular hip implants from Australian market
Zimmer pulls metal-on-metal Durom acetabular hip implants from Australian market (MassDevice) In another blow to the metal-on-metal hip implant market, orthopedic
TransCorp Spine Receives Spine Tech Award For SpinePortTM MIS Access System
TransCorp Spine Receives Spine Tech Award For SpinePortTM MIS Access System (press release) TransCorp Spine, a minimally-invasive, spinal-device company received the
Florida startup treating spinal fractures in a novel manner seeks $2M
Florida startup treating spinal fractures in a novel manner seeks $2 million (MedCityNews) A Florida startup that aims to treat vertebral
Stryker’s new CEO: Innovation teams now asking, “Who is going to pay for this?”
Stryker’s new CEO: Innovation teams now asking, “Who is going to pay for this?” (MedCityNews) Just one month ago, Kevin Lobo took
‘Short stay’ hip arthroplasty patients show good results in UK
‘Short stay’ hip arthroplasty patients show good results (OrthopedicsToday) Researchers from the United Kingdom have reported positive results for a short
NuVasive’s Cervical Disc, the PCM, gains FDA Approval
NuVasive’s Cervical Disc Approved (Orthopedics This Week) The FDA is raining PMAs (Premarket Approval) on the cervical spine industry. NuVasive Inc.’s
Spine Wave acquires expandable Ti interbody cage technology from Santa Clara Technology Inc.
Spine Wave Announces Growth of Product Portfolio (press release) Spine Wave, Inc. today announced the addition of two new offerings within its
Total Ankle Replacements are on the rise – 4 approved by FDA in the US, 50 approved WW
Ankle Replacements –Growing Stepchild of Hips & Knees (Orthopedics This Week) Although the basic technology for ankle replacements was developed about
NuVasive accuses Lanx of poaching its talent – Judge lets NuVasive review Lanx contacts with employees
Legal news: NuVasive can review Lanx contacts with employees (Mass Device) A Delaware state court rules that NuVasive can review documents
Wright Medical becomes the last Ortho company to weather the Deferred Prosecution Agreement
Wright in the Clear (Orthopedics This Week) The Era of Deferred Prosecution Agreements (DPA) has come to a close as the
Angels in America: Early-stage investment rebounds
Angels in America: Early-stage investment rebounds | Wall Street Beat Angel investment in early-stage companies is on the rebound, according
China & India Launch New Medical Device Regulations
China & India Launch New Medical Device Regulations (HealthPointCapital) China and India have launched new regulatory guidelines for medical device companies
Stryker launches “Revolutionary” Computer-Assisted System for Trauma nailing
Stryker’s “Revolutionary” Computer-Assisted System (Orthopedics This Week) Stryker Corporation says it’s “revolutionary” and can helping avoid revision hip surgery. On October
The Total Joint registry at UMass enters its 2nd year to enroll 33,000 patients
UMass study looks at joint replacement surgery (Telegram) University of Massachusetts Medical School researchers are touting — in a prestigious journal
STUDY: Generic Implants save hospitals money without loss of quality
Annual Orthopeadic Trauma Association Meeting Studies: Generic Implants Deliver Major Health Care Savings, Quality Outcomes (press release) Scientific research presented at
Non-surgical orthopedic medical devices: an interview with DJO Marketing
Non-surgical orthopedic medical devices: an interview with Brian Moore, Director of Sales and Product Marketing from DJO global Could you
Penn State develops Revolutionary Bone Graft Coating
Revolutionary Bone Graft Coating (Orthopedics This Week) A team of researchers at Penn State has found that coating a bone graft
Les Cross tells Forbes – 5 Business Tips to Grow a Public Med Device Company
Five Business Tips to Send Your Company’s Stock Soaring (Forbes) Last year Cross attempted to retire – following his success with
CMS data shows that Knee Replacements have doubled in the last 20 years
Knee Replacements Double Over Past Two Decades (HealthPointCapital) New data from CMS shows that knee replacements are on the rise, doubling
Dr. Rhodes provides detailed instructions for implementing Generic Orthopedic Implants into your facility
OrthoDirectUSA website How A Facility Implements Generic Orthopedic Implants This article is written by Blair Rhode, MD. The acceptance and
DePuy Mitek launches new Hip Arthroscopy system to support this new surgical treatment area
13 Orthopedics Trends Observed by Tiger DePuy Mitek, Inc., a leading developer and manufacturer of orthopaedic sports medicine products and
Former CEO of the Hospital for Special Surgery charged with taking Vendor Kickbacks
Ex-N.Y. Hospital CEO Charged With Taking Vendor Kickbacks (Bloomberg) John R. Reynolds, former chief executive officer of New York’s Hospital for Special
Stryker’s head of Orthopedics wins the CEO spot
Stryker picks orthopedics head Lobo as new CEO (press release) Medical device maker Stryker Corp. on Monday named Kevin Lobo, the
Medtronic makes first Chinese orthopedics acquisition, China Kanghui Holdings, for $816M
Medtronic to pay $816 million for Chinese orthopedic implant maker (Twin Cities) Medtronic is paying $816 million to acquire a Chinese
NLT SPINE get FDA Clearance for eSPIN powered discectomy system
NLT SPINE: 510(k) Clearance for eSPIN (Orthopedics This Week) NLT SPINE is celebrating the announcement that its eSPIN powered discectomy system