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Orthopedic and Dental Industry News

February 2011

Dental News Roundup February 2011 BY LAUREN UZDIENSKI, FEBRUARY 28, 2011

Nobel, Straumann announce earnings . . . 3D Systems launches dental printer . . . BIOLASE introduces Waterlase iPlus laser . . . Nobel Biocare adds IPS e.max CAD crown to the NobelProcera line . . . VITA announces shade guide improvements . . . Biomet 3i's social networking campaign . . . Vident, Patterson announce distribution agreement . . . Astra Tech partners with 3Shape A/S more

Spurred by Recent Studies, House Panel Investigates Impact of Device Regulation BY SANDER DUNCAN, FEBRUARY 25, 2011

The House Energy and Commerce panel recently held a hearing on the “Impact of Medical Device Regulation on Jobs and Patients.” The hearing follows a trio of studies from Boston Consulting Group, PricewaterhouseCoopers and Stanford University which detail inefficiencies in the U.S. device approval process and the subsequent drag on medical innovation. more

Musculoskeletal News Roundup 24-Feb-11 BY LAUREN UZDIENSKI, FEBRUARY 24, 2011

ATEC, MDT, NUVA report on 4Q spine market . . . IART, SMA report 4Q:10 . . . Mazor Robotics raises $6.3M . . . FDA clears Zimmer's TM-S Trabecular Metal Cervical Interbody Fusion Device . . . Smith & Nephew receives premium reimbursement in Japan for Oxinium hip . . . Intrinsic Therapeutics enrolls first patient in Barricaid study for anular closure . . . Zimmer reports clinical results for DeNovo NT Graft and the MotionLoc Screws more

Reuters: 20 Companies Bidding for Astra Tech BY LAUREN UZDIENSKI, FEBRUARY 23, 2011

Reuters reports today that 20 bidders are making offers on AstraTech, Astra Zeneca's dental implant and urology arm. The division had 2010 revenues of $535 million, and offers are said to be reaching the $2 billion range. That would mean a 3.7x revenue multiple. more

ArthroCare Rebounds with New Products, Strong Earnings BY LAUREN UZDIENSKI, FEBRUARY 23, 2011

ArthroCare's stock is continuing its upward trend this week with some new product launches in spine and sports medicine. The company is up 22% over the last 30 days, which can be attributed to momentum from new products, a strong 4Q and the conclusion of an SEC investigation into its accounting practices. more

Musculoskeletal News Roundup 17-Feb-11 BY LAUREN UZDIENSKI, FEBRUARY 17, 2011

ARTC, DJO, GENZ, OFIX and Synthes report earnings . . . Sonoma raises $22 million . . . Anika provides FDA update . . . AAOS product launches . . . Medtronic announces kyphoplasty data more

Sanofi-Aventis to Acquire Genzyme BY LAUREN UZDIENSKI, FEBRUARY 17, 2011

After a long and very public negotiation, Genzyme has agreed to be acquired by Sanofi-Aventis for $74 per share, with the total deal valued at around $20.1 billion. more

Nobel Biocare Appoints New CEO BY LAUREN UZDIENSKI, FEBRUARY 16, 2011

The struggling Nobel Biocare announced that Richard Laube will take the helm at the company, effective May 1. Mr. Laube will join Nobel from Nestle SA, where he was CEO of the Nutrition division. more

Straumann Reports Strong 4Q, Announces Plans for 2011 BY LAUREN UZDIENSKI, FEBRUARY 15, 2011

This morning Straumann reported 7% revenue growth in 4Q:10, accelerating from 3% in 3Q:10 and matching rebounding dental implant sales at Biomet and Zimmer. North American revenue growth, according to Straumann's press release, reached the double digits, an encouraging sign for an industry that has struggled in the recession. more

Smith & Nephew's CEO to Retire in April BY SANDER DUNCAN, FEBRUARY 11, 2011

Smith & Nephew announced yesterday that David Illingworth, CEO, will retire from the company following their annual meeting on April 14th. Illingworth made the announcement during the company's annual earnings call, reporting a "strong finish to 2010." more

Musculoskeletal News Roundup 10-Feb-11 BY LAUREN UZDIENSKI, FEBRUARY 10, 2011

EXAC, OSSUR, SNN, WMGI announce 4Q . . . Biomet receives FDA clearance for the Signature patient-specific instrumentation system . . . FDA clears Vitoss BA Bimodal Bone Graft Substitute . . . Integra launces Allograft Cancellous Sponge . . . MedShape Solutions introduces the the ExoShape CL for ACL surgeries . . . ISTO Technologies announces new spine patent . . . InteliFUSE seeks dismissal of patent infringement suit with Biomedical Enterprises . . . Federal appeals court rules against Globus in Medtronic patent dispute . . . SEC concludes ARTC investigation . . . curasan, SYK ink distribution deal more

FDA Introduces Medical Device Innovation Initiative BY LAUREN UZDIENSKI, FEBRUARY 8, 2011

The FDA announced this morning plans for a Medical Device Innovation Initiative, which is designed to make the regulatory process for new technologies more efficient. Among the proposed changes? Faster review times, permitting data collected OUS in submissions and clearer communication of data requirements more

X-Rays Go Mobile: FDA Clears First Radiology App BY LAUREN UZDIENSKI, FEBRUARY 7, 2011

The FDA announced on Friday that they've cleared the first mobile radiology app, meaning that scans like x-rays, CTs and MRIs can now be viewed on the go. The app is called Mobile MIM, and it's available for the iPad, iPhone and iPod Touch. more

Senate Rejects Healthcare Reform Repeal BY LAUREN UZDIENSKI, FEBRUARY 3, 2011

As predicted, the Senate voted 51-47 against repealing healthcare reform. The bill passed the House last month, but after Senate leaders initially refused to bring the legislation to the floor, the repeal act was tacked onto an aviation bill. more

Musculoskeletal News Roundup 3-Feb-11 BY LAUREN UZDIENSKI, FEBRUARY 3, 2011

CNMD, KNSY, RTIX report 4Q . . . Spine Wave raises $17.5M . . . Vertiflex raises $14M . . . Tornier goes public . . . BioMimetic Therapeutics gets FDA panel hearing date . . . ConforMIS knee system cleared . . . Healthcare reform found unconstitutional in Florida . . . Wright Medical expands supply agreement for GraftJacket . . . Biomet makes a donation to OREF more

Care Fusion Announces New CEO BY JOHN MCCORMICK, FEBRUARY 2, 2011

Yesterday CareFusion announced that Kieran T. Gallahue will assume the role of Chairman and Chief Executive Officer succeeding David L. Schlotterbeck who announced plans to retire last year. CareFusion's core business is selling systems that dispense medication, drug- infusing systems... more

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