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Orthopedic and Dental Industry News

March 2006

A Surgeon's Look at Costs In Total Joint Arthroplasty BY LAING RIKKERS, MARCH 31, 2006

One of the most informative sessions at AAOS was a section of the Health Policy Update Symposium delivered by William L. Healy, M.D. of the Lahey Clinic. Healy gave real-life examples of the complicated and delicate balance of hospital economics,... more

Orthopedic News Roundup 30-Mar-06 BY HUYEN NGUYEN, MARCH 30, 2006

Dane Miller of Biomet called it quits a week after releasing its 3Q:06 earnings report. Last week, the Company reported earnings per share (EPS) of $0.43 which was in line with Street's estimate but did not meet analysts' expectation for... more

Another Take on Forecasting the Orthopedic Market BY DAVID KRESSEL, MARCH 29, 2006

At AAOS last week, representatives of Exponent Inc., an engineering and scientific consulting firm, presented a study forecasting growth in the orthopedic market. Whereas our market forecast focused on revenue over the next few years, this study looks at unit... more

Dane Miller to Retire BY JOHN MCCORMICK, MARCH 27, 2006

This morning, legendary orthopedic CEO, Dane A. Miller, Ph.D., Biomet's President and Chief Executive Officer and co-founder, announced his decision to retire. He will remain a Director and serve as a consultant. The Biomet Board has appointed Senior Vice President... more

Orthopedic News Roundup 23-Mar-06 BY HUYEN NGUYEN, MARCH 23, 2006

This week at HealthpointCapital, we compiled a brief synopsis of the 2006 Orthopedic Industry, projecting that total revenue in 2006 will grow by 12% for the year. Appointment: Two notable extremities companies named their new CEOs this week: Wright Medical... more

Alphatec Spine Adds Four Surgeons To Its Scientific Advisory Board BY EDITOR, MARCH 21, 2006

CARLSBAD, California, March 21, 2006 /PRNewswire/ -- Alphatec Spine, Inc., ("Alphatec") today announced the appointment of four surgeons to its Scientific Advisory Board. The appointments reinforce Alphatec's commitment to becoming a leader in spinal technology, through collaboration with leading surgeon... more

2006 Orthopedic Industry Forecast - Strong Growth to Continue BY EDITOR, MARCH 21, 2006

Our current forecast for the orthopedic industry projects continued long term growth of 15%. For 2006, we expect growth to be slightly below this trend, at 12%. Despite continued strength in other segments of the industry, hip and knee reconstruction... more

ArthroCare Misses Another SEC Filing BY JOHN MCCORMICK, MARCH 21, 2006

ArthroCare Corp. has filed a notification of late filing with the Securities and Exchange Commission for its annual Form 10-K with the SEC, asking for a 15-day extension until Mar. 31, 2006. In plain engolish that means they are handing... more

BioMimetics Takes a Swing at Wrist and Other Extremity Fractures BY DAVID KRESSEL, MARCH 20, 2006

On the heels of BioMimetics' approval for GEM 21S for dental use, they initiated one clinical study on GEM OS1 for distal radius fractures and two on GEM OS1 in foot and ankle fusion. GEM OS1 is a combination of... more

New Company Emerges as a Technology Leader in Extremities Surgery BY EDITOR, MARCH 17, 2006

San Diego, CA — March 17, 2006 — Nexa Orthopedics, Inc. (“Nexa”) today announced its role in reshaping the way the extremity surgery market serves its customer. Combined with a depth of industry management experience in extremities orthopedics and a... more

Nexa Orthopedics Appoints Chris Harber VP-U.S. Sales and Marketing and Jamal Rushdy VP-Operations and Business Development BY EDITOR, MARCH 17, 2006

Orthopedic Industry Veterans Join Growing Extremities Implant and Device Manufacturer San Diego, CA, Friday, March 17, 2006 -- Nexa Orthopedics, Inc., ("Nexa") today announced the appointment of James C. Harber as Vice President, U.S. Sales and Marketing, and Jamal D.... more

Orthopedic News Roundup 17-Mar-06 BY HUYEN NGUYEN, MARCH 17, 2006

It has been a quiet week as the industry prepares for another successful AAOS annual meeting in Chicago. Since the meeting is next week, we have put together our SAB member sessions, analyst meetings, and AAOS Top Pick sessions to... more

Scientific Advisory Board AAOS Sessions BY JOHN CHOPACK, MARCH 16, 2006

In addition to the Top Sessions we chose, we have added AAOS presentations by our Scientific Advisory Board members. Please click on the link at the bottom to view the entire list. Wednesday, March 22 10:30 AM - 12:30 PM127Changing... more

F.D.A. Chief Nominated by Bush BY LAING RIKKERS, MARCH 16, 2006

Yesterday, President Bush nominated Dr. Andrew C. von Eschenbach as the commissioner of the Food and Drug Administratration (F.D.A.). Dr. von Eschenbach has been the acting commissioner since September 2005 when his predecessor, Lester Crawford, abruptly resigned. There was initially... more

Orthologic Wrist Study Fails BY JOHN MCCORMICK, MARCH 15, 2006

Orthologic announced this morning that its 503-person clinical trial of its synthetic peptide Chrysalin to treat wrist fractures failed to meet its primary goal of accelerating recovery. In an instant, its market capitalization was cut in half and the company... more

Ceramics Getting Stronger? BY JOHN MCCORMICK, MARCH 15, 2006

Developments in ceramics has always been of great interest to participants in our industry. We thought we would alert you to this article in Wired Magazine that summarized some recent findings in ceramic technology. In essence, scientists are finding that... more

Our Top Picks -- AAOS 2006 Educational Sessions BY JOHN CHOPACK, MARCH 14, 2006

With the AAOS in Chicago fast approaching, we have put together a list of "Hot Sessions" to check out. Please click on the link at the bottom to view the entire list. Adult Reconstruction, Hip and KneeSunday, March 26, 2006... more

Tutogen Potential Acquisition by Zimmer BY HUYEN NGUYEN, MARCH 13, 2006

Tissue bank company, Tutogen Medical ("TTG"), was contacted by Zimmer's representative earlier today seeking for a possible increase in investment or acquisition. We expect that Zimmer ("ZMH") will eventually acquire all assets of TTG since ZMH CEP (formerly Centerpulse) holds... more

Orthopedic News Roundup 9-Mar-06 BY HUYEN NGUYEN, MARCH 9, 2006

Although management teams are preparing for AAOS, a few more companies reported earnings this week. We did a quick calculation and found that our internal Orthopedic Index PE year-to-date has stayed relatively flat at 27x. We expect that the AAOS... more

LifeCell Reports Solid 4Q:05: Stock Down 13%. We ask why? BY JOHN CHOPACK, MARCH 8, 2006

In a very surprising trading session, LifeCell fell 13% on Tuesday after reporting a very positive 4Q:05. The Company reported that earnings totaled $0.11 per share which was in-line with analyst expectations and a 175% increase over the prior year.... more

Misconceptions Regarding Orthopedics Companies BY DAVID KRESSEL, MARCH 6, 2006

The HealthpointCapital blog is read by thousands of people of varied backgrounds: physicians, patients, caregivers, device company employees, consultants and investors. Based on some of the feedback on the blog we see, we felt it was worth clearing up some... more

Orthopedic News Roundup 2-Mar-06 BY HUYEN NGUYEN, MARCH 2, 2006

We are preparing for AAOS in Chicago, IL and invite you to check back to our website for information on analyst meetings and our top picks of scientific events happening at AAOS. Earnings: Two hip & knee orthopedic companies (Exactech,... more

Patents Deterring Innovation BY LAING RIKKERS, MARCH 1, 2006

The issue of patent protection is high on the minds of people in both the orthopedics industry and US business. Today the lead editorial in the Wall Street Journal (subscription required) ranted about how the patent system, designed to spur... more


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