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Orthopedic and Dental Industry News

February 2008

Stem Cells are Here and Now BY JOHN MCCORMICK, FEBRUARY 29, 2008

This week we attended Robin Young's packed-to-the-gills Stem Cell Summit in New York along with many of the industry's leading scientists and executives. The takeaway was loud and clear: the path to commercialization of this technology is happening faster than... more

Musculoskeletal News Roundup 28-Feb-2008 BY LAUREN UZDIENSKI, FEBRUARY 28, 2008

Earnings Artimplant reported 4Q:07 revenues of SEK 5.0 million ($0.8 million), up from SEK 1.6 million ($0.25 million) in the year-ago period. The net loss for 4Q:07 was SEK 2.1 million ($0.34 million), improved from a loss of SEK 9.5... more

HealthpointCapital, LLC Appoints Stephen H. Hochschuler, M.D. as Clinical Advisor BY EDITOR, FEBRUARY 26, 2008

New York, New York, and Dallas, Texas, February 26, 2008 /PRNewswire/ -- HEALTHPOINTCAPITAL, LLC. (“HEALTHPOINTCAPITAL”) announced today that it has appointed Dr. Stephen H. Hochschuler as Clinical Advisor to the Firm. HEALTHPOINTCAPITAL is a values-driven, research-based private equity firm exclusively... more

Amid China Fears, the White House Seeks to Broaden FDA's Access to Foreign Plants BY LAUREN UZDIENSKI, FEBRUARY 26, 2008

Baxter's heparin has been in the news lately following four deaths and hundreds of bad reactions, and with it the revelation that the Chinese plant that manufactured some of the heparin's ingredients had not been inspected by the FDA. Similarly,... more

Consumer Spending on Spine Increases, But Pain Persists; More Data is Needed on Treatment Options BY LAUREN UZDIENSKI, FEBRUARY 25, 2008

Consumer spending for spinal treatments rose 65% from 1997 to 2005, faster than overall health spending, with patients spending $86 billion to treat back and neck problems. These treatments included drugs, outpatient procedures, ER visits and surgery. However, back pain... more

Musculoskeletal News Roundup 21-Feb-08 BY LAUREN UZDIENSKI, FEBRUARY 21, 2008

Earnings ArthroCare reported 4Q:07 revenues of $87.5 million, beating estimates by $1.7 million, representing a 25% increase over the year-ago period. Net income was $14.5 million, or $0.50 per diluted share, missing estimates by a penny and representing a 78%... more

BioHorizons, Inc. Announces its Merger with DTI Dental Technologies, Inc. BY EDITOR, FEBRUARY 21, 2008

Birmingham, Alabama, and Dublin, California February 21, 2008 /PRNewswire/ --BioHorizons, Inc. (“BioHorizons” or the “Company”) has been formed to create a leading digital dentistry company in the dental implant market by combining DTI Dental Technologies, Inc. and BioHorizons Implant Systems.... more

Pediatric ACL Diagnoses on the Rise BY LAUREN UZDIENSKI, FEBRUARY 21, 2008

Once thought to be rare among children, pediatric ACL injuries have been diagnosed more frequently in recent years, a shift that could be attributed to aggressive athletic activity, the increasingly common practice of MRI scans for kids with hurt knees... more

Supreme Court Decision Limits Product-Liability Cases BY LAUREN UZDIENSKI, FEBRUARY 20, 2008

In an 8-1 decision, the Supreme Court ruled in favor of Medtronic in the Reigel v. Medtronic case. As we reported in June, Charles Reigel sued Medtronic after a balloon catheter failed during his angioplasty. Medtronic argued successfully in several... more

SPORT Tests Surgery in Spinal Stenosis Patients; Surgery Favored BY LAUREN UZDIENSKI, FEBRUARY 19, 2008

Data from the eagerly-anticipated final arm of the SPORT trial was released today. Results showed that patients receiving decompressive laminectomy for the treatment of spinal stenosis showed improved outcomes following the procedure. Prior arms of the $21 million SPORT trial... more

MAKO Surgical Goes Public BY JOHN MCCORMICK, FEBRUARY 17, 2008

On Thursday of last week, MAKO Surgical Corp went public. The Company, which makes robotic arms for minimally inveasive knee surgery, raised an impressive $51 million in capital selling at $10 a share. Although it lost some ground on the... more

Musculoskeletal News Roundup 14-Feb-08 BY LAUREN UZDIENSKI, FEBRUARY 14, 2008

Earnings Hanger Orthopedic Group reported 4Q:07 net sales of $170.8 million, beating estimates by $7.5 million and representing an 11% over the year-ago period. Revenue growth was attributed to an increase in same-center sales from Hanger's patient care business, an... more

Report from ArgoSpine: Surgeon Insight into Clinical Evidence, Device Preference and New Technologies BY ELOISE AUSTIN, FEBRUARY 12, 2008

Recently ArgoSpine held its 12th annual symposium, gathering top spine surgeons from around the globe to discuss the latest technologies and treatment practices. This conference focused on complications in spinal surgery, paying special attention to vascular and nervous system damage,... more

12th ArgoSpine Symposium: No Consensus over the Best Approach to Treatment BY ARMELLE WIART, FEBRUARY 11, 2008

In Paris in late January, steps away from the Seine and under the watchful eye of the Eiffel Tower, over 200 neurosurgeons from around the globe assembled for the 12th Argospine Symposium: Recent History of Spine Surgery: Complications and History.... more

Alphatec Holdings, Inc. Names Veteran Spinal Orthopedics Executive J.P. Timm as Vice President of Research and Development BY EDITOR, FEBRUARY 11, 2008

CARLSBAD, Calif., Feb 11, 2008 -- Alphatec Holdings, Inc. (Nasdaq:ATEC), a leading medical technology company focused on the design, development, manufacturing and marketing of products for the surgical treatment of spine disorders, announced today that veteran research and development executive,... more

Musculoskeletal News Roundup 7-Feb-08 BY LAUREN UZDIENSKI, FEBRUARY 7, 2008

Earnings Smith & Nephew announced 4Q:07 revenues of $967.0 million, beating estimates of $933.0 million and reflecting a 25% (reported) increase over 4Q:06. Adjusted earnings per share was $0.16, in line in estimates and up 10% over the year-ago period.... more

Alphatec Holdings, Inc. Acquires An Exclusive Worldwide License for Innovative Dynamic Anterior Cervical Plate Technology BY EDITOR, FEBRUARY 6, 2008

CARLSBAD, Calif. -- Alphatec Holdings, Inc. (NasdaqGM:ATEC - News), a medical technology company focused on the design, development, manufacturing and marketing of products for the surgical treatment of spinal disorders, announced that the company's wholly owned subsidiary, Alphatec Spine, Inc.... more

Alphatec Holdings, Inc. Appoints Executives Rohit M. Desai and Dirk Kuyper to Its Board of Directors BY EDITOR, FEBRUARY 5, 2008

CARLSBAD, Calif., Feb. 5, 2008 -- Alphatec Holdings, Inc. (NasdaqGM:ATEC - News), a leading medical device company focused on the design, development, manufacturing and marketing of products for the surgical treatment of spine disorders, announced today that Rohit M. Desai... more

Reports to Congress Find FDA Conducting Fewer Inspections, Lagging Innovation BY LAUREN UZDIENSKI, FEBRUARY 4, 2008

Does FDA have the resources it needs to oversee the device industry? This question emerges from GAO testimony reported in the Wall Street Journal (subscription required) delivered last week to a House subcommittee as well as a recent report from... more

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