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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

August 2008

Musculoskeletal News Roundup 28-Aug-08 BY LAUREN UZDIENSKI, AUGUST 28, 2008

Earnings AOI Medical Inc. reported a 1H:08 loss of $3.5 million, widening from a loss of $1.8 million in 1H:07. The company added in the press release that they're conducting a new clinical study for their Ascendex tools for the... more

New Report Finds Dental Amalgam Safe BY LAUREN UZDIENSKI, AUGUST 26, 2008

A European investigation of dental amalgam, undertaken in an effort to evaluate the safety concerns associated with the material's mercury content, found that the product was safe. The European Commission's (EC) Scientific Committee on Emerging and Newly Identified Health Risks... more

Beyond Building Bones, BMP-7 May Fight Obesity BY LAUREN UZDIENSKI, AUGUST 25, 2008

Researchers at Boston's Joslin Diabetes Center have identified what could be a surprising new way to treat obesity - BMP-7, the bone growth protein familiar to the orthopedic sector as the active protein in Stryker's OP-1, may also support weight... more

Stryker Sues DOJ Over "Oppressive" and "Overly Broad" Subpoenas BY LAUREN UZDIENSKI, AUGUST 22, 2008

Almost a year following the settlement in its physician-payment investigation, the DOJ just won't leave Stryker alone, or so Stryker claims in a new legal action revealed this week. The company filed suit in U.S. District Court in Newark, NJ,... more

Musculoskeletal News Roundup 21-Aug-08 BY LAUREN UZDIENSKI, AUGUST 21, 2008

Earnings Kensey Nash reported FQ4:08 revenues of $22.0, representing a 29% increase over FQ4:07 and beating estimates by $1.0 million. Biomaterials were up 37% to $13.3 million, which was attributed to strong growth in the orthopedic and cardiovascular product lines.... more

New Massachusetts Law Says Devicemakers Must Disclose Gifts to Physicians BY LAUREN UZDIENSKI, AUGUST 20, 2008

Massachusetts governor Deval Patrick signed into law new regulations surrounding devicemakers' gifts to physicians. Per the new law, manufacturers must disclose in an annual report any gifts given in Massachusetts that are worth more than $50. According to FDA News,... more

Airplanes Spell Neck and Back Pain for 88% of Travelers BY LAUREN UZDIENSKI, AUGUST 19, 2008

If flight delays, crowded planes and extra fees weren't enough, a new survey from SpineUniverse adds achy necks and backs to the many pains of air travel. The organization conducted a survey this summer on airplane seats and your spine,... more

OIG Approves Gainsharing Program for Ortho and Spine BY LAUREN UZDIENSKI, AUGUST 14, 2008

The OIG has approved the first orthopedic and spine gainsharing project, which will be overseen by Goodroe Healthcare Solutions, LLC. This will be Goodroe's eleventh OIG program; previous programs have been focused on the cardiovascular sector. No details have been... more

Musculoskeletal News Roundup 14-Aug-08 BY LAUREN UZDIENSKI, AUGUST 14, 2008

Earnings BioMimetic Therapeutics reported a 2Q:08 net loss of $9.2 million, or $0.50 per diluted share, widening from a net loss of $6.4 million, or $0.35 per diluted share, in 2Q:07. Clinical highlights for the quarter include the announcement of... more

"Lessons Learned" from a Hip Resurfacing IDE BY LAUREN UZDIENSKI, AUGUST 13, 2008

Hip resurfacing devices have only become available in the U.S. in the last two years (Smith & Nephew introduced the BHR in 2006 and Stryker began distributing Corin's Cormet in 2007), and with the relatively recent launch comes an "incomplete"... more

FDA's Sentinel Program Will Track Medical Device Performance BY LAUREN UZDIENSKI, AUGUST 11, 2008

Following on the heels of the New York Times' call for a national joint registry, the FDA has announced plans to expand its Sentinel Initiative to encompass medical devices. The Sentinel program, launched in May, strives to be "a national,... more

Musculoskeletal News Roundup 7-Aug-08 BY LAUREN UZDIENSKI, AUGUST 7, 2008

Earnings Alphatec Spine, Inc. reported consolidated revenues for 2Q:08 of $23.9 million, an increase of 27% from the $18.8 million reported in 2Q:07. U.S. revenues for 2Q:08 were $19.4 million, an increase of 20% from the $16.2 million reported in... more

Mesoblast Reports Promising Results from an Ongoing Stem Cell Study BY LAUREN UZDIENSKI, AUGUST 6, 2008

Mesoblast announced positive results from an Australian study evaluating the use of its proprietary stem cell therapy in the treatment of non-healing long bone fractures. 10 patients with 11 fractures were enrolled in the study and received the stem cell... more

Orthopedic Procedures May Receive CMS National Coverage Decisions BY LAUREN UZDIENSKI, AUGUST 5, 2008

CMS released a list last week of 19 potential topics for National Coverage Decisions. These topics include a number of orthopedic devices: Artificial cervical discs Bone morphogenetic protein Hip resurfacing Vertebroplasty and kyphoplasty Lumbar fusion for degenerative disc disease As... more

DOJ Settlement Echoes in Reduced Industry Research Funding BY LAUREN UZDIENSKI, AUGUST 4, 2008

Orthopedics Today is reporting that following the DOJ investigation, research institutions are seeing a slowdown in industry funding (with one unnamed Big-Five company withdrawing "nearly all" of its funding) that could decline even further in 2009. This reduction in funding... more

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