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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 2010

Dental News Roundup August 2010 BY LAUREN UZDIENSKI, AUGUST 31, 2010

Nobel, Sirona, Straumann report earnings . . . Aspen Dental and Kool Smiles up for sale . . . Sirona celebrates 25th anniversary of CEREC with new product launches . . . Study finds that healthy weight and physical activity correlate to lower rates of severe periodontitis . . . ADA addresses IOM on national oral health policy . . . Straumann marks ten years at Villeret in Switzerland . . . Biolase appoints interim CEO more

Exactech to Buy VertiFlex's MIS Fusion Portfolio BY LAUREN UZDIENSKI, AUGUST 30, 2010

VertiFlex announced plans to divest an MIS fusion portfolio and related assets to Exactech. Terms of the deal were not disclosed. more

Stryker Settles OP-1 Allegations in Massachusetts BY LAUREN UZDIENSKI, AUGUST 26, 2010

The Massachusetts Attorney General's office announced today that Stryker has settled a number of allegations over off-label marketing for OP-1 for $1.35 million. more

Musculoskeletal News Roundup 26-Aug-10 BY LAUREN UZDIENSKI, AUGUST 26, 2010

Corin, Medtronic, TiGenix report . . . DePuy warned over TruMatch Personalized Solutions System and Corail Hip System . . . FDA clears Medyssey's Zenius Thoracolumbar Spinal System . . . Binder Biomedical launches NEWTON Intervertebral Body Spacer System . . . CareFusion launches AVAmax Vertebral Balloon . . . DePuy recalls ASR system . . . Benvenue Medical enrolls first patient in VCF study . . . MAKO Surgical appoints Director more

Medtronic Reports "Difficult" Quarter BY LAUREN UZDIENSKI, AUGUST 25, 2010

Medtronic reported a disappointing F1Q:11 on Tuesday, missing analysts' revenue estimates and depicting slowing growth in their spine division. Spine sales declined by 9% as reported, to $829 million, though adjusting for currency shifts and extra selling days in fiscal 2010, revenues decreased by 5%. more

Patient Outcomes Similar for Gender-Specific and Conventional Knees BY LAUREN UZDIENSKI, AUGUST 24, 2010

Patients who received both a gender-specific and a conventional knee replacement had similar outcomes and reported no preference between the two, according to new data published in JBJS. more

NEJM Article Proposes Changes to Disclosing Academic-Industry Relationships BY SANDER DUNCAN, AUGUST 23, 2010

Studies show that a majority of academic researchers have affiliations with companies in their industry, yet the disclosures of these relationships to an academic's institution may be incomplete or inconsistent. An editorial published recently in the New England Journal of... more

Musculoskeletal News Roundup 19-Aug-10 BY LAUREN UZDIENSKI, AUGUST 19, 2010

Medtronic to acquire Osteotech . . . Stryker may buy Boston Scientific's neuromodulation unit . . . SI-Bone raises $11M . . . Aesculap received 510(k) clearance for the A-Fix Spinal System . . . Biomet responds to FDA warning letter . . . Benvenue Medical announces first U.S. use of the Blazer system for treating VCFs . . . Cytori receives patent for stem cell use in musculoskeletal applications . . . NuOrtho Surgical announces pre-clinical results . . . RTI Biologics reports "no change" to Medtronic supply agreement more

Stryker to Buy BSX's Neuromodulation Unit? BY LAUREN UZDIENSKI, AUGUST 18, 2010

Bloomberg is reporting that Stryker is in exclusive talks to acquire Boston Scientific's neuromodulation unit, which makes implantable spinal cord stimulation devices for chronic pain. Citing three unnamed sources, Bloomberg says Stryker is planning to pay somewhere around $1.4 to... more

Medtronic to Acquire Osteotech for $123M BY LAUREN UZDIENSKI, AUGUST 17, 2010

Medtronic and Osteotech have signed a definitive agreement under which Medtronic will acquire Osteotech in an all-cash transaction valued at approximately $123 million, or $6.50 per share. This represents a 65% premium over yesterday's close of $3.94 and around a 1.3x multiple on trailing 12-month revenues. more

Hip Fracture Repair, TKA Cases are Leading Generators of Adverse Events BY LAUREN UZDIENSKI, AUGUST 17, 2010

With increasing pressure on physicians and hospitals to improve surgical quality, researchers at the University of Michigan set out to determine where orthopedics departments should focus their efforts. The authors identified which procedures generated the most adverse events by reviewing cases performed at hospitals participating in the ACS National Surgical Quality Improvement Program between 2005 and 2007, observing that just a handful of procedures resulted in the vast majority of adverse outcomes. more

BioMimetic Therapeutics Receives Orphan Drug Designation for PDGF Treatment of Osteochondritis Dissecans BY LAUREN UZDIENSKI, AUGUST 12, 2010

BioMimetic Therapeutics announced this morning that it has received orphan drug designation from the FDA for their PDGF technology in the treatment of osteochondritis dissecans (OCD) of the knee, elbow or ankle. Similar to an HDE designation for devices, orphan drugs address conditions affecting less than 200,000 people in the United States. more

Musculoskeletal News Roundup 12-Aug-10 BY LAUREN UZDIENSKI, AUGUST 12, 2010

Earnings aap Implantate reported 2Q:10 revenues of EUR 7.0 million ($8.5 million), down 13% over the year-ago period; adjusting for the divestiture of their analytics business, sales increased by 23% over 2Q:09. The company is planning to further acceleration of... more

Bolstered by Healthcare Reform, Medicare Fund to Last Until 2029 BY LAUREN UZDIENSKI, AUGUST 11, 2010

Medicare's Board of Trustees released its annual report last week, noting that the Medicare fund, previously expected to run out in 2017, will last until 2029 under the new healthcare reform legislation. more

New Study Shows Efficacy of Vertebroplasty BY LAUREN UZDIENSKI, AUGUST 10, 2010

A year after two New England Journal of Medicine studies shook up perspectives on vertebroplasty, new data has been released showing the efficacy of the procedure and emphasizing some of the shortcomings of the NEJM papers. more

Musculoskeletal News Roundup 5-Aug-10 BY LAUREN UZDIENSKI, AUGUST 5, 2010

ATEC, ARTC, BMTI, DJO, EXAC, MAKO, VITA, RTIX, SNN, SMA, TSON, WMGI report 2Q:10 . . . Bacterin closes private placement . . . Wright Medical launches the EVOLUTION Medial-Pivot Knee . . . VertiFlex enrolls 150th patient in their IDE study more

CDRH Recommends Changes to the 510(k) BY LAUREN UZDIENSKI, AUGUST 4, 2010

The CDRH announced the conclusion of its internal 510(k) review, which culminated in a 120-page document proposing certain changes to the process. The agency says the recommendations are designed to "foster device innovation, create a more predictable regulatory environment and enhance device safety." more

CMS Releases Final 2011 Payment Increases for Ortho BY SANDER DUNCAN, AUGUST 2, 2010

CMS released a final rule for FY 2011 IPPS policies and payment rates, increasing their proposed ortho payments released in April. Large joint reimbursement increased to an average of $15,320 in FY 2011, up 1.3% over FY 2010. Rates for... more

With an Eye on Consulting Relationships, Sen. Grassley Probes Reporting Practices at Zimmer BY LAUREN UZDIENSKI, AUGUST 2, 2010

Zimmer received a letter from Sen. Chuck Grassley requesting data on the company's processes for tracking failure rates of its large joint systems, specifically when safety issues are raised by company consultants. more


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