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Orthopedic and Dental Industry News
November 2008Musculoskeletal News Roundup 26-Nov-08 BY LAUREN UZDIENSKI, NOVEMBER 26, 2008M&A Trading was suspended for Portland Orthopaedics on news that the company may be selling its assets. Intellectual Property BioMimetic Therapeutics has received patent No. 11/159,533 covering its PDGF technology, including Augment Bone Graft and Augment Injectable Bone Graft. The... more Congress to Investigate FDA Over Allegations of Misconduct BY LAUREN UZDIENSKI, NOVEMBER 25, 2008In a letter to FDA Commissioner Andrew von Eschenbach last May, eight scientists at the FDA signed a letter questioning the integrity of certain unnamed product approvals. Now Congress has intervened, with representatives John Dingell and Bart Stupak (both D-Michigan)... more The Fed's Not-So-Silent Bailout BY JOHN MCCORMICK, NOVEMBER 25, 2008The United States' Federal Reserve announced this morning that it is going to buy $600 billion in mortgage backed assets. This comes right on top of an announced $200 billion to support consumer and small-business loans. These extraordinary moves are... more Smith & Nephew Granted Injunction against Arthrex BY JOHN MCCORMICK, NOVEMBER 24, 2008Last week, Smith & Nephew Endoscopy was granted an injunction from a US Federal court barring Arthrex from manufacturing or selling several tacks and suture anchors used in minimally invasive soft tissue repairs. The injunction is due to take effect... more Musculoskeletal News Roundup 20-Nov-08 BY LAUREN UZDIENSKI, NOVEMBER 20, 2008Earnings Medtronic reported FQ2:09 revenues of $3.57 billion, up 14% (8% constant currency) over the year-ago period and missing estimates by $0.12 billion. Non-GAAP net earnings and diluted earnings per share were $758.0 million, or $0.67 per diluted share, missing... more FDA Panel Recommends ReGen's Collagen Scaffold for 510(k) Clearance BY LAUREN UZDIENSKI, NOVEMBER 18, 2008Last week the CDRH's Orthopaedic and Rehabilitation Devices Panel met to discuss ReGen Biologics' 510(k) application for its Collagen Scaffold, which is indicated for "reinforcement and repair of chronic soft tissue injuries of the meniscus." Beleaguered ReGen has received two... more South Korea Drawing Medical Tourists BY LAUREN UZDIENSKI, NOVEMBER 18, 2008While India and Singapore may be among the most common destinations for medical tourism, South Korea has been stepping up its public outreach in an effort to draw patients for orthopedic and other surgeries. The New York Times describes the... more Greetings from Suzhou: Notes from Third International Congress of the Chinese Orthopedic Association BY JOHN MCCORMICK, NOVEMBER 17, 2008Greetings from Suzhou! Yes that Suzhou - in China. To follow the orthopedic surgeon, China was the place to be this month. While we know this formidable nation always surpasses expectations, we were truly blown away by the Chinese Orthopedic... more Pain a Cause, Not Just a Symptom, of Arthritis BY LAUREN UZDIENSKI, NOVEMBER 13, 2008A recent study from the journal Arthritis and Rheumatism presented some illuminating data on arthritis--in particular, the pain that characterizes the condition is more than a symptom, with pain signals actually causing and exacerbating tissue degeneration as they're processed by... more Musculoskeletal News Roundup 13-Nov-08 BY LAUREN UZDIENSKI, NOVEMBER 13, 2008Earnings aap Implantate AG reported sales for the first nine months of 2008 of EUR 24.2 million ($35.0 million), up 30% from the same period last year. The company attributed the sales growth to the Traumatology & Orthopaedics division, where... more Squeaky-Hip Case Against Stryker Dismissed in Colorado BY LAUREN UZDIENSKI, NOVEMBER 10, 2008A Colorado judge dismissed Jama Parker's lawsuit against Stryker over a squeaky ceramic-on-ceramic hip. The court determined that since the Trident system has PMA clearance, Parker's claims were preempted. Last February, an 8-1 Supreme Court decision upheld preemption in Reigel... more Musculoskeletal News Roundup 6-Nov-08 BY LAUREN UZDIENSKI, NOVEMBER 6, 2008Earnings Alphatec Spine, Inc. announced that consolidated revenues for 3Q:08 were $25.8 million, an increase of 27.1% from the $20.3 million reported for the 3Q:07. U.S. revenues for 3Q:08 were $21.5 million, an increase of 27.7% from the $16.8 million... more Hospitals and the Credit Markets: An Interview with Wachovia's Mike Matson BY JOHN MCCORMICK, NOVEMBER 5, 2008Earlier this week we interviewed Wachovia's industrious medical technology and device analyst Mike Matson to revisit his thoughts on how the credit market dislocations are affecting hospital capital spending decisions. McCormick: Mike, thank you for joining us especially with all... more With Polls Closed and Votes Counted, What's in Store for the Device Industry? BY LAUREN UZDIENSKI, NOVEMBER 5, 2008The morning after this historic election, President-Elect Barack Obama and an incoming Democratic Congress promise government-wide change and progress. How will the medical device industry be affected by the new administration? While details of the new administration's healthcare proposals are... more Traumatized Muscle Offers Clues to Cell Repair and Regeneration BY LAUREN UZDIENSKI, NOVEMBER 3, 2008A study published this month in JBJS identifies progenitor cells in traumatized human tissue - which could lead to new options in tissue engineering. The authors point out that while there are multiple sources of progenitor cells (such as bone... more Complete Archive |