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Orthopedic and Dental Industry News

November 2007

Osiris Reports Additional Results from Chondrogen Trial BY LAUREN UZDIENSKI, NOVEMBER 29, 2007

Osiris announced results from an ongoing Chrondogen study this week, with enrolled patients showing less pain and fewer degenerative bone changes when compared to patients receiving HA. Among the highlights: OA patients receiving Chondrogen experienced a statistically significant reduction in... more

Musculoskeletal News Roundup 29-Nov-07 BY LAUREN UZDIENSKI, NOVEMBER 29, 2007

Regulatory Amedica received FDA clearance for their Valeo™ Pedicle Screw system, a low profile and modular pedicle screw system intended for non-cervical pedicle fixation from the T1 through L5. Corin announced FDA clearance for additional sizes of its Cormet hip... more

Greater NY Dental Meeting Roundup BY DAVID KRESSEL, NOVEMBER 28, 2007

We just returned from the Greater New York Dental Meeting, held at the Jacob Javits Center in Manhattan every year, on the weekend and week following Thanksgiving. Unlike most of the dental meetings we attend, which focus heavily on dental... more

Now Ailing the Wired: BlackBerry Thumb BY LAUREN UZDIENSKI, NOVEMBER 27, 2007

Addicted to BlackBerry? You may be at risk for what some physicians are calling BlackBerry Thumb, a condition where tendons in the thumb are strained by BlackBerry overuse. In an article on WebMD titled, BlackBerry Thumb: Real Illness or Just... more

HealthpointCapital to Acquire Ideal Medical Products BY EDITOR, NOVEMBER 21, 2007

Paris, France, November 21, 2007 - HealthpointCapital Partners II, L.P., a private equity fund that specializes in orthopedic medical devices, announced today that, through its HEALTHPOINT (Luxco) II S.à.r.l. subsidiary, it has acquired Paris-based Ideal Medical Products, S.A. Ideal Medical... more

Musculoskeletal News Roundup 21-Nov-07 BY LAUREN UZDIENSKI, NOVEMBER 21, 2007

Earnings Medtronic reported FQ2:08 revenue of $3.12 billion, beating estimates by $0.02 million and representing a 2% increase over the year-ago period. Net earnings for FQ2:08 were $666.0 million, or $0.58 per diluted share, beating estimates by $0.02 but down... more

Alphatec Holdings, Inc. Receives FDA 510(k) Clearance for the ZODIAC LUXE 4.0 Millimeter Diameter Pedicle Screw BY EDITOR, NOVEMBER 19, 2007

CARLSBAD, Calif., Nov 19, 2007 -- Alphatec Holdings, Inc. (Nasdaq:ATEC), a medical technology company focused on the design, development, manufacturing and marketing of products for the surgical treatment of spine disorders, announced today that it has received 510(k) clearance from... more

Highlights from MDMA's 2007 Reimbursement Meeting BY LAUREN UZDIENSKI, NOVEMBER 19, 2007

Last week we among more than 75 attendees at MDMA's 10th Annual Reimbursement Conference, where topics included establishing a comprehensive reimbursement strategy, updates from CMS and advice on complying with fraud and abuse regulations in consultant relationships. One of the... more

BioHorizons Introduces Its New Tapered Internal Implants Featuring Laser-Lok® Microgrooves BY EDITOR, NOVEMBER 15, 2007

BIRMINGHAM, Alabama, November 15, 2007 /PRNewswire/ BioHorizons Implant Systems, Inc. has introduced a new line of Tapered Internal Implants that feature a unique thread design and proven surface engineering technology. This product introduction is the first from BioHorizons to address... more

Musculoskeletal News Roundup 15-Nov-07 BY LAUREN UZDIENSKI, NOVEMBER 15, 2007

Earnings Artimplant announced 3Q:07 revenue of SEK 2.6 million, up from SEK 0.9 million in the year-ago period. 3Q:07 net loss was SEK 3.6 million, down from SEK 10.4 in 3Q:06. Earnings per share, including a non-recurring item, amounted to... more

Regeneration Technologies and Tutogen to Merge BY DAVID KRESSEL, NOVEMBER 13, 2007

This morning Regeneration Technologies (RTI) and Tutogen announced their intent to merge. These are two of the larger players in the tissue processing business though their businesses have surprisingly little overlap. RTI has been more focused on allograft hard tissue... more

N-Spine Bought By Synthes for $75+ Million BY DAVID KRESSEL, NOVEMBER 13, 2007

Swiss orthopedics giant Synthes announced today that it is purchasing N-Spine for $30 million cash upfront, $45 million cash for certain milestones and additional undisclosed payments for reaching certain sales targets. Synthes is one of the leaders in the spine... more

Researchers Find Stem Cells in Intervertebral Discs BY LAUREN UZDIENSKI, NOVEMBER 12, 2007

Jefferson Medical College researchers reported in the November 1 edition of Spine that they had discovered, for the first time, stem cells in the intervertebral discs of the human spine. The discovery of these cells could ultimately pave the way... more

Musculoskeletal News Roundup 8-Nov-07 BY LAUREN UZDIENSKI, NOVEMBER 8, 2007

Earnings Anika reported 3Q:07 product revenues of $7.28 million, up from $5.49 million in 3Q:06. The company attributed the sales growth to strong domestic and international sales of ORTHOVISC®. Net income for 3Q:07 was $1.8 million, or $0.16 per diluted... more

DePuy to Acquire Disc-O-Tech's VCF Assets BY ARIELLA P. GOLOMB, MD, NOVEMBER 7, 2007

Back in December 2006, Kyphon announced its planned acquisition of Disc-O-Tech for up to $240 million in a multi-staged transaction. In order for Kyphon to finalize its acquisition of Disc-O-Tech, the FTC required Kyphon to divest of Disc-O-Tech's Confidence assets... more

Grassley Bill Would Require Device Prices from Manufacturers BY LAUREN UZDIENSKI, NOVEMBER 6, 2007

Senators Charles Grassley (R-IA) and Arlen Specter (R-PA) are sponsoring a bill that would require manufacturers of implantable medical devices to provide quarterly data on the average and median selling prices for devices used in both inpatient and outpatient procedures.... more

Periodontists' Meeting Highlights BY DAVID KRESSEL, NOVEMBER 5, 2007

We attended the American Academy of Periodontology meeting this past week in Washington DC. Although there weren't any revolutionary introductions, we noticed a few trends from the exhibit hall. *Straumann featured its first bone level implant and the etkon system.... more

Medtronic and Kyphon Complete Merger BY LAUREN UZDIENSKI, NOVEMBER 2, 2007

Medtronic announced today the completion of their acqusition of Kyphon. News of the closing comes earlier than expected; at the time the merger was first announced, Medtronic anticipated a 1Q:08 closing. Stockholders will receive $71.00 per share in cash for... more

Musculoskeletal News Roundup 1-Nov-07 BY LAUREN UZDIENSKI, NOVEMBER 1, 2007

Earnings DJO reported 3Q:07 net revenues of $119.8 million, up 5.8% over 3Q:06. Excluding a 2006 revenue benefit from shipping terms and clearing of product backorders associated with Aircast, 3Q:07 revenue was up 7.6% to $121.8 million, in line with... more

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