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March 14-18 - American Association of Orthopaedic Medicine Annual Meeting 2017

March 14-December 31 - Canaccord Genuity Musculoskeletal Conference

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Orthopedic and Dental Industry News

September 2004

Silipos Finally Finds a Home with Langer BY JOHN MCCORMICK, SEPTEMBER 27, 2004

Last week Langer (NASDAQ: GAIT) announced that it inked a deal to acquire Silipos, Inc. Silipos, which operates out of New York City and Niagara Falls, NY, manufactures gel-based products that have orthopedic and prosthetic applications such as heel cups,... more

The View From 50,000 Feet BY ROBIN R. YOUNG CFA, SEPTEMBER 27, 2004

'One person turns 50 years old every 7 seconds. Someone fractures a bone every 14 seconds. There is one vertebral fracture every minute. There are 700,000 sports injuries annually in the United States.' With these statements, John Engelhardt opened the... more

The Top Conferences This Season BY ROBIN R. YOUNG CFA, SEPTEMBER 27, 2004

It's conference season. Between now and the end of the year there is essentially one conference per week featuring orthopedic companies. One can only wonder who is managing the store while these CEOs and CFOs are out slinging PowerPoint Presentations.... more

Wright Medical (WMGI: NASDAQ) Lowers 3Q:04 Earnings Guidance by $0.04 BY JOHN CHOPACK, SEPTEMBER 27, 2004

WMGI announced that it was lowering its previous earnings per share guidance of $0.13-$0.15 to a range of $0.09-$0.11, or approximately $3.2 - $3.9 million. However, the Company maintained its current revenue projections for the 3Q:04 of $68 - $70... more

Biomet (BMET: NASDAQ) Beats Analyst's 1Q:05 Earnings Expectation by $0.01 Per Share BY JOHN CHOPACK, SEPTEMBER 20, 2004

BMET reported adjusted earnings of $0.36 which excluded the acquisition of Biomet Merck joint venture and Interpore International. This was an increase of 20% over the 1Q:04 and $0.01 better than consensus estimates. However, BMET's revenues of $438 million, which... more

Why Orthopedic Equities Offer Superior Risk/Return Performance BY JOHN MCCORMICK, SEPTEMBER 20, 2004

Using classic portfolio theory to analyze the past performance of orthopedic equity we uncovered data that strongly suggests that Orthopedic equities delivered to investors superior returns with minimal risk and, in fact, provided a better risk/return paradigm than the rest... more

Hip Net Revenue Growth Rate Slows During 2Q:04, But Knees Accelerate BY JOHN CHOPACK, SEPTEMBER 20, 2004

After the dust cleared from the 2Q:04 earnings season and we had time to analyze the large joint reconstruction market, it was clear that a cursory glance at the market showed a declining revenue growth rate in the hip market... more

DJO Reshuffles Board Committees; Adds new Director BY JOHN MCCORMICK, SEPTEMBER 20, 2004

dj Orthopedics, Inc. (NYSE:DJO), announced on Friday the appointment of W. Thomas Mitchell to its Board of Directors. Mr. Mitchell will serve as an independent director of the board and will serve on the audit committee, replacing Kirby Cramer, who... more

The FDA's Ortho Panel Puts an Arrow in St. Francis BY ROBIN R. YOUNG CFA, SEPTEMBER 13, 2004

You can always tell who the pioneers are by the arrows in their backs. St. Francis's first FDA panel meeting was not pretty and the outcome knocked start-up firm St. Francis Medical back on its heels. On September 3/2004, the... more

Now, Here's an Issue: Payments by medical device manufacturers to surgeons BY ROBIN R. YOUNG CFA, SEPTEMBER 13, 2004

Last week, Sofamor Danek disclosed in an SEC filing that a second "whistle-blower" lawsuit had been filed against it regarding payments to physicians. The case is under seal in Federal Court in Minneapolis. The first lawsuit against Sofamor Danek on... more


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