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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

October 2006

Synvisc To Share Reimbursement Code BY ARIELLA P. GOLOMB, MD, OCTOBER 31, 2006

In a press release yesterday, Genzyme, maker of Synvisc, announced a CMS decision that would group all viscosupplementation products into the same reimbursement code in January 2007. The company stated that they would fight hard to dispute this decision (through... more

Encore Domestic Implant Sales Strong; Plans in Place for Medical Device Acquisition BY HUYEN NGUYEN, OCTOBER 27, 2006

Encore Medical reported 3Q:06 sales of $92.9 million, representing an increase of 27.8% over 3Q:05. Encore reported $0.01 diluted EPS ($0.05 below analysts' expectations), or a net income of $917,000 (continuing operations only). Net income was negatively impacted by expenses... more

Orthopedic News Roundup 26-Oct-06 BY HUYEN NGUYEN, OCTOBER 26, 2006

Earnings Biologics: Anika Therapeutics reported 3Q:06 product revenues of $5.5 million, or a slight decline of $505,000 over the prior year. Total revenues, which include licensing, milestone and contract revenue, were down by 38% from $10 million in 3Q:05. The... more

HealthpointCapital Partners II, L.P. and BioLok International Inc. Announce Completion of Tender Offer for all Shares of Common Stock of BioLok BY EDITOR, OCTOBER 25, 2006

For Immediate Release NEW YORK, NY - October 25, 2006 - HealthpointCapital Partners II, L.P., its wholly-owned subsidiaries Tumbler Holdings, Inc. and Tumbler Merger Corp., and BioLok International Inc. today jointly announced the expiration and final results of the cash... more

Renewed Talk of Biomet Merger BY ARIELLA P. GOLOMB, MD, OCTOBER 24, 2006

Reuters reported that takeover speculation from the website and trading desks were fueling bullish options trading of Biomet shares. The merger is speculated to involve a "larger company or possibly a private equity bid." Smith & Nephew has been... more

3Q:06 Conference Calls & Webcasts BY HUYEN NGUYEN, OCTOBER 23, 2006

View a list of earnings conference calls and webcasts for the publicly traded orthopedic and dental companies. more

Hip Chip to Monitor Osseointegration BY ARIELLA P. GOLOMB, MD, OCTOBER 23, 2006

The University of Alberta, Canada announced the development of a microsensor geared towards hip replacements that wirelessly monitors an implant's osseointegration. Built using nanotechnology, the device will be powered kinetically through the natural movement of the patient's body and remain... more

Orthopedic News Roundup 19-Oct-06 BY HUYEN NGUYEN, OCTOBER 19, 2006

Earnings Dental: Lifecore Biomedical announced that 1Q:07 net sales increased 12% to $15 million. Net income for the quarter was $1.1 million, representing a year-over-year increase of 9%. The Company was in-line with analysts' estimates and reported earnings of $0.08... more

ADA Annual Meeting Notes BY ARIELLA P. GOLOMB, MD, OCTOBER 19, 2006

For those of you who have never attended an American Dental Association annual meeting, we wanted to provide an overview of the event based on this year's 147th Annual Session. Who was there? The event was enormous. There were close... more

Stryker US Revenues Up; OP-1 Given 2008 Timeframe BY HUYEN NGUYEN, OCTOBER 18, 2006

On Tuesday, Stryker Corp. reported $1.3 billion in sales and $188 million in earnings in 3Q:06. Excluding the impact of foreign currency, sales were up by 9.8%, or 10.4% on a reported basis. Net income for the quarter was strong,... more

A Perspective on the ODT Conference BY JOHN MCCORMICK, OCTOBER 18, 2006

This week we attended the inaugural Orthopedic Design and Technology Conference and Exhibition in the heart of orthopedic country — Ft. Wayne Indiana. Notably, this was a grouping of the folks who have the broad shoulders on which the orthopedics... more

New Regulations for Device Reprocessors BY LAUREN UZDIENSKI, OCTOBER 17, 2006

Last July, we covered the debate between third-party reprocessors and original equipment manufacturers (OEMs.) Last month, the FDA issued new regulations for reprocessing of single-use devices (SUDs). The FDA now requires reprocessed devices to be marked "prominently and conspicuously," a... more

Justice Department Charges Former FDA Chief BY JOHN MCCORMICK, OCTOBER 16, 2006

Today the Justice Department filed criminal charges against former FDA chief Lester Crawford with lying about his ownership of stock in companies regulated by the FDA during his tenure. He has been accused with falsely reporting that he had sold... more

How Are Orthopedic Surgeons Being Incentivized For Academic Productivity? BY ARIELLA P. GOLOMB, MD, OCTOBER 16, 2006

In the wake of demands for increasing clinical volume, decreases in physician income and increasing malpractice costs, it is even more critical to incentivize physicians to perform academic activities that do not directly generate revenue (teaching, research and service) but... more


The final event of the MNVC was a surgeon panel, hosted by Mike Sherman, Executive-In-Residence at MB Ventures and formerly of Medtronic. The panelists were Dr. Kevin Foley of University of Tennessee, Dr. Hal Matthews of the Medical College of... more

Orthopedic News Roundup 12-Oct-06 BY HUYEN NGUYEN, OCTOBER 12, 2006

Earnings Update: CryoLife provided an update on its 3Q:06 projected revenues, which are estimated at ~$20 million, a 22% increase over the comparable quarter of 2005. In 3Q:06, its tissue processing revenues were ~$10.3 million, an increase of 41%, and... more

MNVC Venture Capitalist Panel BY DAVID KRESSEL, OCTOBER 11, 2006

This afternoon at the MNVC, Jeff Barnes of Oxford Bioscience Partners moderated a lively VC panel. The three panelists were Dave Stassen, Managing Partner at Split Rock Partners, Trevor Moody, General Partner at Frazier Healthcare Ventures, and Rich Ferrari, Managing... more

Musculoskeletal New Ventures Conference Notes BY ARIELLA P. GOLOMB, MD, OCTOBER 10, 2006

Greetings from the 4th annual Musculoskeletal New Ventures Conference in Memphis, Tennessee. This year's conference has a record 195 attendees (compared to 145 last year) and presentations by 23 venture-backed start-ups, one recent IPO (BioMimetic Therapeutics) and four leading device... more

Medical Device Regulatory Updates in China and Japan BY HUYEN NGUYEN, OCTOBER 9, 2006

Asia's continued economic growth makes it an attractive market for both the sale and manufacture of medical devices. Pacific Bridge Medical, a medical consulting firm focusing on business development and regulatory affairs in Asia, recently published an article on the... more

Will the FDA Be Able to Regulate Nanotechnology? BY ARIELLA P. GOLOMB, MD, OCTOBER 6, 2006

Nanotechonology is clearly making strides in the orthopedic marketplace. The question is, will the FDA will be able to keep up? Report Claims FDA Not "Nano Ready" Yesterday, Michael Tayor, an attorney and former Deputy Commissioner for Policy at the... more

Orthopedic News Roundup 5-Oct-06 BY HUYEN NGUYEN, OCTOBER 5, 2006

Earnings Update: Tutogen Medical, Inc. provided an update on its 4Q:06 projected revenues which are estimated at ~$10.8 million, representing a 36% increase over the comparable quarter of 2005. Revenues for the fiscal year will be ~$38 million, an increase... more

As Journals Go Online, a New Approach to Peer Review BY LAUREN UZDIENSKI, OCTOBER 4, 2006

Peer review lends merit to research; the system assures us that the data published in journals is free of major flaws, contributes to the field and upholds the scientific method. But some argue that peer review slows down the dispersion... more

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