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March 14-18 - American Association of Orthopaedic Medicine Annual Meeting 2017

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Orthopedic and Dental Industry News

December 2008

Musculoskeletal News Roundup 24-Dec-08 BY LAUREN UZDIENSKI, DECEMBER 23, 2008

M&A Medtronic completed its minority investment in Shandong Weigao Group. As a result of the investment, Medtronic now holds a 15 percent equity stake in Weigao. Medtronic purchased its 15 percent equity interest in Weigao for approximately HK$1.7 billion (or... more

WHO Tool Helps Physicians Predict Fracture Risk BY LAUREN UZDIENSKI, DECEMBER 23, 2008

In an effort to individualize treatment for patients presenting with fractured bones as well as make treatment more cost-effective, the WHO has launched a web tool to help physicians assess the likelihood of future fractures. Knowing future fracture risk can... more

Regen Biologics Gets FDA Clearance BY JOHN MCCORMICK, DECEMBER 22, 2008

This morning Regen Biologics announced that it received its long awaited FDA 510(k) clearance to market its collagen meniscus implant for the knee. This marks the end of a long and tortured back and forth between the company and the... more

ArthroCare Widens Restatement Period; CFO Resigns BY LAUREN UZDIENSKI, DECEMBER 19, 2008

Beleaguered ArthroCare is down 70% in early trading this morning on news that it would broaden a previously-announced financial restatement and that several of the company's officers have resigned. Last July, company said they would restate financials from 2006, 2007... more

Stryker Reduces 2008 Guidance BY LAUREN UZDIENSKI, DECEMBER 19, 2008

Last night, Stryker announced that the company is reducing its revenue and earnings outlook for 2008 on account of the "unprecedented weakening" of the U.S. economy. Constant-currency revenue growth, previously forecast to be 11-12% over 2007, is now expected to... more

Medtronic Completes Minority Investment in China BY JOHN MCCORMICK, DECEMBER 18, 2008

Medtronic announced today that it had completed its long-awaited minority investment in Shandong Weigao Group. As a result of the investment, Medtronic now holds a 15 percent equity stake in Weigao. To facilitate the equity investment, Medtronic purchased its 15... more

The New Rules for Public Company Acquisitions BY DAVID KRESSEL, DECEMBER 18, 2008

With stock values down so much, particularly over the past few months, we took a look at the mergers & acquisition environment. We pulled information on M&A premiums on the NASDAQ and NYSE in the recent past, given the recent... more

Musculoskeletal News Roundup 18-Dec-08 BY LAUREN UZDIENSKI, DECEMBER 18, 2008

Funding In addition to its regularly scheduled payments, Orthofix International will make a $10 million debt prepayment on December 29th in advance of the scheduled maturity. According to Executive Vice President and CFO Bob Vaters, "This is a good time... more

Alphatec Spine, Inc. Initiates European Commercial Training Program of Alphatec Spine's OsseoFix Fracture Reduction System for Treating Vertebral Compression Fractures BY EDITOR, DECEMBER 17, 2008

Alphatec Holdings, Inc., the parent company of Alphatec Spine, Inc., a medical device company that designs, develops, manufactures and markets products for the surgical treatment of spine disorders, with a focus on treating conditions related to the aging spine, today... more

The New York Times Sings the Praises of the "Humble Fifth Finger" BY LAUREN UZDIENSKI, DECEMBER 17, 2008

The pinkie, asserts the New York Times, is not generally the most prized of one's fingers. Those distinctions usually go to the index finger, with its unparalleled ability to guide a fork and knife or mouse-click, or the sentimental ring... more

Driving After Musculoskeletal Injury BY LAUREN UZDIENSKI, DECEMBER 16, 2008

A new study published in JBJS considers how driving plays into patient outcomes following musculoskeletal injury. Interestingly, despite the relatively high rate of auto accidents in the general population, there are no firm guidelines for when a patient should resume... more

Musculoskeletal News Roundup 11-Dec-08 BY LAUREN UZDIENSKI, DECEMBER 12, 2008

Earnings Wright Medical reiterated 4Q:08 revenue and earnings guidance on a call this week and lowered 2009 guidance based on less favorable foreign exchange rates. The company is now calling for 2009 revenues in the range of $510 million to... more

Wright Medical Guidance Call Reiterates 4Q; Lowers 2009 on FX BY LAUREN UZDIENSKI, DECEMBER 12, 2008

Wright Medical held their annual detailed guidance call yesterday, reiterating 4Q:08 revenue guidance in the $119 million to $122 million range. This affirms that revenue expectations will remain stable despite the macro economic climate. For the full year 2008, management... more

For Patients in Pain, Scans May Not Offer a Diagnosis BY LAUREN UZDIENSKI, DECEMBER 9, 2008

Imaging technology may be an ubiquitous part of modern medical practice, but a New York Times article suggests that the frequency and sensitivity of MRI and CT scans may reveal musculoskeletal abnormalities without showing what causes a patient's pain. These... more

Alphatec Spine Completes $30 Million Credit Facility BY EDITOR, DECEMBER 9, 2008

CARLSBAD, Calif., Dec 09, 2008 -- Alphatec Holdings, Inc. (Nasdaq:ATEC), the parent company of Alphatec Spine, Inc., a medical device company that designs, develops, manufactures and markets products for the surgical treatment of spine disorders, with a focus on treating... more

Obama May Broaden Federal Funding for Stem Cell Research BY LAUREN UZDIENSKI, DECEMBER 8, 2008

When George W. Bush took office in 2001, one of his first executive orders was to restrict federal funding of stem cell research based on his belief that destroying embryos to obtain the cells was equivalent to destroying human life.... more

Help our Research Team Choose Blog Topics + Chance to Win BY EDITOR, DECEMBER 4, 2008

We're running a five-question readership survey to help shape our Musculoskeletal blog coverage. It should take you about a minute, since there are no open-ended questions. The survey is here: 2008 HealthpointCapital Musculoskeletal Readership Survey. Anyone who completes the survey... more

Musculoskeletal News Roundup 4-Dec-08 BY LAUREN UZDIENSKI, DECEMBER 4, 2008

Earnings Stryker announced a 2008 dividend of $0.40 per share, an increase of 21% over the 2007 dividend, which is payable January 30, 2009. President and CEO Stephen MacMillan said the increased dividend reflects the company's continued growth and strong... more

Orthofix Shareholder Calls for Sale of Blackstone BY LAUREN UZDIENSKI, DECEMBER 3, 2008

In a letter to Orthofix shareholders released this morning, Ramius LLC criticized the company's "irresponsible" management and called the Blackstone acquisition " a failure." Ramius, a fund that holds 4.7% of OFIX's stock, called for the sale of Blackstone as... more

Serotonin May Regulate Bone Growth BY LAUREN UZDIENSKI, DECEMBER 1, 2008

Serotonin, most commonly known as the brain chemical that makes you happy, may play a different role in the body--regulating bone growth, according to new research in the journal Cell. This study focused on serotonin produced in the gut as... more

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