Synthes voluntarily removes N-Hance spine fusion system from the US market
Synthes Packs Up N-Hance in U.S. (OTW) Synthes Spine is not waiting for a warning letter from the FDA regarding […]
Use of PRP reduces blood loss after Total Knee surgery
PRP Cuts Surgical Blood Loss (OTW) Patients undergoing total knee replacement surgery experience markedly less blood loss when treated with
Tornier IPO price is set at bottom of range by underwriter
UPDATE 1-Tornier IPO prices at bottom of range-underwriter (Reuters) Tornier B.V. files for upto $205 mln IPO (Reuters) S-1 Filing
Vertiflex lands $14M in funding for Superion clinical trial
VertiFlex®, Inc. Announces Financing and New Investment Partner (press release) VertiFlex, a leading innovator of percutaneous and motion preserving spinal
Zimmer makes job cuts at its home base
Zimmer makes job cuts at Warsaw operation (Fort Wayne Jounal Gazette)… Unlock the full article and exclusive OrthoStreams insights: in-depth
Kensey Nash acquires Medical Adhesives and Coatings Technology for $20M
Kensey Nash Acquires Medical Adhesives and Coatings Technology (press release)… Unlock the full article and exclusive OrthoStreams insights: in-depth analyses,
Hospital Capital Expenditures Continue to Improve
Hospital Capital Expenditures Continue to Improve (HealthPointCapital) Hospital Capital Expenditures Continue to Improve by Sander Duncan @ HealthPointCapital Hospital capital
Greatbatch building new $17M facility in Fort Wayne to make orthopedic instruments
Greatbatch Medical Building New Plant in Fort Wayne, Indiana (Area Development) Orthopedics supplier drawn by workforce (Fort Wayne Journal Gazette)
OrthoSensor ushers in a new category – Smart Implants to monitor early signs of infection, bone ingrowth and other problems
OrthoSensor’s ‘RoboCop’ Tech Opens Up New Orthopedic Vistas (WSJ) OrthoSensor, Intelligent Orthopedic Device Innovator, Secures $21 MM Series B Financing
iWalk raises $15M in series C to further develop an active prosthetic foot
iWalk Before You iRun: MIT Prosthetics Startup Ramps Up Operations With New VC Money (Xconomy) http://www.iwalkpro.com/… Unlock the full article
Arthrex acquires Cardo Medical’s total joint assets
Cardo Medical, Inc. and Arthrex, Inc. Announce Signing Definitive Agreement for the Sale of All of the Assets of Cardo
Arthrex is expanding facilities and workforce in Naples
Arthrex poised to expand work force in Southwest Florida (news-press.com)… Unlock the full article and exclusive OrthoStreams insights: in-depth analyses,
FDA Announces 510(k) Changes
FDA Announces 510(k) Changes (HealthPointCapital) FDA to improve most common review path for medical devices (FDA) 510(K) AND SCIENCE REPORT
A glimpse into the future of fracture repair – an injectable biologic putty
Astonishing Fracture Repair From DARPA (OTW) The researchers, led by doctors Mauro Ferrari and Ennio Tasciotti, with the Methodist Hospital
3 Medtronic spine surgeons sue each other for rights to $60M in royalties
Spine surgeons fighting over future royalties (Corrier-Journal) Three Louisville spine surgeons have had a falling out over as much as
S+N statement: will start informal negotiations with Biomet
Smith & Nephew Says It’s Not in Talks to Be Bought or Make an Acquisition (Bloomberg) Smith & Nephew’s Tantalizing
Bill Hawkins predicts “mild pain” after the FDA’s 510(k) overhaul
Medtronic’s Hawkins: 510(k) changes to be ‘neutral to slightly negative’ (MedCityNews) Outgoing Medtronic (NYSE:MDT) Chief Executive Bill Hawkins is predicting
Globus acquires Facet Solutions for undisclosed amount
Globus Medical Announces the Acquisition of Facet Solutions Inc. (press release)… Unlock the full article and exclusive OrthoStreams insights: in-depth
How to Increase Surgeon Adoption of Your Medical Devices
How to Increase Surgeon Adoption of Your Medical Devices (OrthoSpineNews) 28%. This is the statistic derived from one of the
Promotions in Orthopedics
Orthofix promotes CFO Vaters to new role of COO (press release) Orthofix said Tuesday it promoted Robert Vaters toCOO. Vaters
Wright Medical signs bone graft distribution deal with AlloSource
Wright Medical signs bone graft distribution deal with AlloSource (press release) Wright Medical Group, a global orthopaedic medical device company,
Interface Biologics naps $7M in funding
Interface Biologics Announces $7M Financing (press release) nterface Biologics Inc. (IBI), a privately held commercial stage developer of transformative biomedical-polymer
Medtech giants are on the hunt for acquisitions
Med-tech’s giants go on hunt for deals: Medtronic and other leaders turn to acquisitions as they seek their next blockbuster
Joe DeVivo tries to justify S+N’s new corporate headquarters in Memphis
Amenities designed into Smith & Nephew’s headquarters fit its culture (Memphis Business Journal)… Unlock the full article and exclusive OrthoStreams
Consensus Orthopedics partners with Chinese firm to make hips & knees for China
China Kanghui Holdings and Consensus Orthopedics Form Exclusive Partnership to Address Joint Reconstruction Market (press release) El Dorado orthopedic implant
Graftys secures funding to develop resorbable biologic materials for orthopedic applications
Graftys Completes Third Round of Financing for 4 Million Euros ($5,3 Million), and Adds a New Financial Partner (press release)
CEO transition at TranS1
TranS1 Announces CEO Transition (press release) Ken Reali moves to CEO after joining as COO one year ago…. Unlock the
The 1st Baby Boomers turn 65
First Baby Boomers Turn 65 (HealthPointCapital by LAUREN UZDIENSKI) On January 1, the first of the Baby Boom generation turned 65,
Kensey Nash makes equity investment in Orteq Sports Medicine
Kensey Nash Announces a Manufacturing Agreement with and Minority Investment in Orteq Sports Medicine (press release) After Orteq gains IDE
FDA drops warning letter on S+N regarding manufacturing practices of ceramics in Germany
Smith & Nephew Receives FDA Warning (OTW) S+N received a warning letter from the FDA said the company’s R3 Ceramic
Senators are attacking Medtronic regarding use of Hydrosorb at Walter Reed
2 Senators Raise Questions on Use of Medtronic Device (NYTimes)… Unlock the full article and exclusive OrthoStreams insights: in-depth analyses,
C5 Medical Werks introduces “cerasurf”, a higher strength ceramic implant material
Tough New Ceramic Introduced (OTW) C5 Medical Werks, of Grand Junction, Colorado, a manufacturer of advanced ceramic components for the
MiMedx to acquire Surgical Biologics for their processed amniotic tissue
MiMedx Announces Agreement to Acquire Surgical Biologics (press release) The amniotic tissue processed by Surgical Biologics is donated by mothers
Med Tech investment from the Israeli perspective
Medical device companies face tougher times (Globes)… Unlock the full article and exclusive OrthoStreams insights: in-depth analyses, hot startups, trends,
What role did Surgeon Fees play in success of Medtronic’s Infuse?
Doctors question journal articles (Milwaukee Journal Sentinel)… Unlock the full article and exclusive OrthoStreams insights: in-depth analyses, hot startups, trends,
Zimmer makes 2 acquisitions in one week – Swiss power tools and Chinese hip & knee maker
Zimmer Announces Acquisition of SoPlus Orthopaedic Surgical Power Tools Company (press release) Sodem Diffusion S.A., the manufacturer of SoPlus Orthopaedic
Bonovo Orthopedics, a Chinese ortho company, gets new funding
Bonovo Orthopedics, Inc. Closes Series C Financing Led by OrbiMed Asia Partners (Press Release) Bonovo Orthopedics, Inc. manufactures and distributes
Norton Hospital in Louisville defends the use of Medtronic products that are questioned in the WSJ
Norton spine surgeons defend use of Medtronic device VIDEO (Wave3.com) Top Spine Surgeons Reap Royalties, Medicare Bounty (WSJOnline)… Unlock the
Smith and Nephew moving corporate offices and adding jobs
Smith & Nephew adding 100 jobs in Memphis (Memphis Business Journal) Smith & Nephew Adds Jobs in Memphis (OTW)… Unlock
Medtronic CEO, Bill Hawkins, resigns
Medtronic CEO to Retire in April (WSJ) MEDTRONIC ANNOUNCES CHAIRMAN AND CEO WILLIAM A. HAWKINS TO RETIRE AT END OF
SBI raises $15M to focus on STAR total ankle replacement
Small Bone Innovations, Inc. Raises $15 Million in Series F Financing (Press Release) Anthony G. Viscogliosi, SBi’s Chairman & CEO,
Orthofix will shed jobs during consolidation of its 3 divisions – Spine, Orthopedics and Sports Medicine
Orthofix To Axe Medical Device Jobs (Pharmaceutical Jobs) Orthofix Lowers Rev Outlook, Sees Charges From Layoffs, Settlement (WSJ)… Unlock the
Word on the street – Biomet owners to acquire Smith and Nephew for $11B
Biomet owners look to arrange $11B marriage (Indianapolis Business Journal) Rumored orthopedics deal discounted (Fort Wayne Gazette)… Unlock the full
Finally… Lanx has a CEO after the false start with Michael DeMane
Lanx, Inc. Appoints Dan Gladney Chief Executive Officer (Press Release) Lanx Announces Corporate Leadership Change (PRNewsWire) Lanx: The Saga Continues
Boston startup naps $18M to develop implant coatings
Semprus Scores $18M More to Help Improve Medical Devices (Xconomy) MIT Spinout Semprus BioSciences Looks for Strong Bonds with Medical-Device
Are fibrin microthreads the future in orthopedic stem cell delivery?
Training Stem Cells to Sit, Stay (OTW) A team of intrepid stem cell whisperers from Worcester Polytechnic Institute believe they
Fierce competition predicted in the $740M MIS Spine Market
Competition To Increase in the $740 Million Minimally Invasive Spinal Fusion Market (OrthoSpineNews) According to Millennium Research Group, competition will
DePuy ASR Hip Lawsuits are being consolidated in the federal court
DePuy ASR Lawsuits Consolidated (OTW) Numerous lawsuits have been filed throughout various jurisdictions throughout the U.S. The recall affects 93,000
Ortho Kinematics raises $2M to diagnose the cause of back pain
Ortho Kinematics raises $2M of $5.1M round (Austin Business Journal) Ortho Kinematics is working to create medical devices that can
SBi sells shoulder assets to France company, FX Solutions
SBi sloughs shoulder-related assets to French firm (MassDevice) SBi Sells Orthopedic Shoulder Technology to Fx Solutions of Bourg-en-Bresse (Press Release)