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Orthopedic and Dental Industry News

September 2005

Orthopedic Stocks Decline: Our Thoughts BY JOHN CHOPACK, SEPTEMBER 30, 2005

The decline in the valuations of the orthopedic stock prices has reached epic proportions. The 7 leading orthopedic companies which derive a majority of their revenues from hip and knee sales are on average 30% off their 52-Week Highs. Biomet... more

Alphatec Spine Appoints Stephen H. Hochschuler, M.D. as Chairman of its Scientific Advisory Board of Physicians BY EDITOR, SEPTEMBER 30, 2005

CARLSBAD, California, September 30, 2005 /PRNewswire/-- Alphatec Spine, Inc., ("Alphatec") today announced the appointment of noted orthopedic surgeon Stephen H. Hochschuler to its Scientific Advisory Board of Physicians. Dr. Hochschuler is one of America's leading spine experts, and his new... more

Orthopedic News Roundup 29-Sept-05 BY HUYEN NGUYEN, SEPTEMBER 29, 2005

It's all about spine this week. With NASS in full swing in Philadelphia, many companies eagerly issued press releases during the conference. Clinical: Cervical-Stim® is a post-operative cervical brace that generates a uniformed, low-level pulsed electromagnetic field (PEMF) at the... more

Alphatec Spine Adds Another Seasoned Executive to Management Team BY EDITOR, SEPTEMBER 28, 2005

Scott Wiese named Vice President of Business Development & Marketing CARLSBAD, California, September 28, 2005 /PRNewswire/-- Alphatec Spine, Inc., ("Alphatec") today appointed Scott Wiese as Vice President of Business Development and Marketing. The hiring underscored the firm's recently completed transition... more

FDA: Direct-to-Consumer Promotion for Devices BY HUYEN NGUYEN, SEPTEMBER 27, 2005

On November 1 and 2, 2005 the FDA will hold a two-day public meeting on direct-to-consumer ("DTC") advertising of prescription drugs and medical devices. The FDA is requesting comments from interested individuals and/or groups that are most affected by DTC... more

International Reimbursement: Japan BY DAVID KRESSEL, SEPTEMBER 26, 2005

We participated in a Deutsche Bank-hosted conference call with Edward Rozynski, formerly an international pricing and reimbursement expert with AdvaMed, and currently an independent advisor on international market access for medical device companies. The most interesting part of the discussion... more

Lester Crawford Abruptly Quits FDA BY JOHN MCCORMICK, SEPTEMBER 26, 2005

FDA Commissioner Lester Crawford abruptly resigned Friday after a lengthy tenure as Acting Commissioner and a tenuous confirmation process. The decision shocked agency staff and neither the FDA nor the White House has given an explanation for the resignation. There... more

ReGen Biologics Update: FDA Warning Letter BY JOHN MCCORMICK, SEPTEMBER 25, 2005

On Friday ReGen Biologics, Inc. reported that it received a warning letter dated September 16, 2005 from the FDA. The warning letter was a follow-up to the FDA Form 483 notice of inspectional observations received by ReGen and, along with... more

Update on CMS's National Coverage Decision on Charite BY DAVID KRESSEL, SEPTEMBER 22, 2005

As discussed in Barb Peterson's guest blog, the Centers for Medicare and Medicaid Studies (CMS) received a letter from an internist and Professor of Medicine at Washington University, Dr. Richard Deyo, requesting a National Coverage Determination (NCD) of the Charite... more

HealthpointCapital Adds Another Spine Expert to Advisory Board BY EDITOR, SEPTEMBER 22, 2005

NEW YORK, New York, September 22, 2005 /PRNewswire/ -- HealthpointCapital, LLC today announced the election of William Blake Rodgers, spine surgeon, to its Scientific Advisory Board. The move underscored the private equity firm's growing stake in the spine sector of... more

Orthopedic News Roundup 22-Sept-05 BY HUYEN NGUYEN, SEPTEMBER 22, 2005

Biomet usually is the first company in the orthopedic industry to report quarterly revenues, earnings and estimates. Analysts often rely on this as an indicator for how other competitors will report their results in the upcoming earning season. On Wednesday,... more

Novel Products to Rejuvenate Hip Market Growth BY JOHN CHOPACK, SEPTEMBER 21, 2005

The rate of growth in the hip market has been somewhat lackluster since the 2Q:04. That quarter marked the first two FDA approvals for ceramic-on-ceramic hips for Stryker and Wright Medical. For the 12 months prior to the 2Q:04, Stryker... more

New! Orthopedic Device Distribution Report BY EDITOR, SEPTEMBER 19, 2005

February 2010 update: This report is no longer available for purchase. Learn more here. We're happy to announce publication of the next in our series of monthly orthopedic industry reports. Devices, Dollars and Distribution Orthopedic Sales Backgrounder and Distribution Model... more

Notes From Emerging Technology in Spine Conference BY DAVID KRESSEL, SEPTEMBER 19, 2005

We attended the 4th Annual Emerging Technologies in Spine Surgery conference on Friday in Washington DC. The topics were: biologics, MIS, and disc replacement and other non-fusion technologies. Some points of interest: *Biologics: The first discussion within biologics was a... more

Orthopedic News Roundup 16-Sept-05 BY HUYEN NGUYEN, SEPTEMBER 16, 2005

On Tuesday, Smith & Nephew issued a press release lowering its guidance for the full year due to the affect of Hurricane Katrina in August and lower than expected summer sales growth. The slowdown in knee sales in Orthopedics were... more


The North American Spine Society ("NASS") meeting this year is overwhelming us all with clinical and technology learning opportunities at the various sessions and meetings this year. We have taken the liberty of narrowing down the hundreds of sessions... more

Invibio Expands Further into Asia-Pacific Market BY JOHN MCCORMICK, SEPTEMBER 15, 2005

Invibio scored a coup in Japan recently. Today the Company announced that the Japanese Ministry of Health has approved for use the first implantable medical device using the Company's PEEK-OPTIMA polymer. The device is an arthroscopic tissue repair system used... more

JVs among Hospitals and Physicians BY DAVID KRESSEL, SEPTEMBER 15, 2005

Yesterday we attended a panel discussion at Mintz Levin called "Show Me the Revenue: Joint Ventures and Alliances Among Hospitals, Physicians and Investor-Owned Companies". Although gainsharing is the latest method for physicians to improve their incomes and possibly lower healthcare... more

AAOS New Meeting Dates and Location BY HUYEN NGUYEN, SEPTEMBER 14, 2005

Due to the recent tragedy in New Orleans, AAOS has announced a new meeting location for its 73rd annual meeting. The 2006 AAOS Annual Meeting will be held in Chicago, Illinois on March 22-26 at McCormick Place.... more

CMS (Medicare) opens a National Coverage Determination (NCD) request to review coverage of the lumbar artificial disc BY BARB PETERSON, SEPTEMBER 14, 2005

[Update: We're moving this entry to the top of the blog since it is sparking a lot of interest from our readers.] more

Abbott Invests $15 million in Replication Medical BY JOHN MCCORMICK, SEPTEMBER 14, 2005

Yesterday Abbott Spine announced that it invested $15 million in Replication Medical, Inc., a developer of implantable hydrogel devices intended for the treatment of degenerative spinal disc disease. Valuation data was not available even from the best of our sources,... more

NuVasive Adds Hansen Yuan to Board of Directors BY JOHN MCCORMICK, SEPTEMBER 14, 2005

This morning, NuVasive, Inc. announced that it has added Hansen A. Yuan, M.D. to the Company's Board of Directors. Dr. Yuan will serve on the Compensation Committee and the Nominating and Corporate Governance Committee. He replaces Arda M. Minocherhomjee, PhD,... more

Alphatec Spine Announces Acquisition of Cortek BY EDITOR, SEPTEMBER 13, 2005

Allograft business gives independent spinal implant company a complete product line. CARLSBAD, California, September 13, 2005 /PRNewswire/ -- Alphatec Spine, Inc., ("Alphatec") one of the largest independent spinal implant companies, announced today the purchase of all assets of Cortek, Inc.,... more

FDA: Trial Design for Spinal Devices BY LAING RIKKERS, SEPTEMBER 9, 2005

Today, the FDA hosted approximately 200 people at an Advisory Committee meeting to look at the "Design of Clinical Studies for Spinal Devices to Treat Mild to Moderate Low Back Pain". FDA has been struggling over the past year with... more

Orthopedic News Roundup 9-Sept-05 BY HUYEN NGUYEN, SEPTEMBER 9, 2005

The FDA Orthopedic and Rehabilitation Devices Panel held a meeting September 8th and 9th to rule on two important issues: Smith & Nephew's hip resurfacing device and the design of clinical studies for spinal devices. You can find background information... more

The Potential Impact of Gainsharing for Hospitals, Physicians, Industry and Patients BY JOANE GOODROE, SEPTEMBER 7, 2005

[Update: We're moving this entry to the top of the blog due to an interesting dialogue between our readers and the author, Joane Goodroe... a "must read"!] more

ArthroCare and Smith & Nephew Bury the Hatchet BY JOHN MCCORMICK, SEPTEMBER 7, 2005

ArthroCare Corp. has settled all legal disputes with the Smith & Nephew PLC Endoscopy division by signing product supply and license agreements for bipolar and monopolar arthroscopy products. The various agreements resolve all of ArthroCare's pending litigation against Smith &... more

Orthofix Hires Chief Operating Officer BY JOHN MCCORMICK, SEPTEMBER 6, 2005

This morning, Orthofix International N.V. (NASDAQ: OFIX) announced that Alan W. Milinazzo, 45, has joined the Company as its Chief Operating Officer (COO). Milinazzo joins Orthofix as an experienced hand in the medical device field with decades of experience, most... more

Orthopedic News Roundup 01-Sept-05 BY HUYEN NGUYEN, SEPTEMBER 1, 2005

This week, we decided to post the Orthopedic News Roundup for Thursday, instead of Friday due to the upcoming holiday. Clearly the biggest headline this week is the announcement of a take-over bid by Musculoskeletal Transplant Foundation ("MTF") for Osteotech... more

Complete Archive