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Orthopedic and Dental Industry News

April 2012

OrthoAccel Announces $10 Million Equity Investment BY EDITOR, APRIL 30, 2012

OrthoAccel Technologies, Inc. today announced an investment of $10 million in growth capital to fund the US launch of its AcceleDent system and ongoing working capital needs. The investment was led by HealthpointCapital Partners III, with existing investor S3 Ventures also participating. In conjunction with the financing, HealthpointCapital's John McCormick will join the company's board of directors. Brian R. Smith from S3 Ventures will remain on the board. more

An Interview with Thomas Einhorn, M.D. BY EDITOR, APRIL 30, 2012

We recently had the opportunity to interview Dr. Thomas Einhorn, the 2012 recipient of the Distinguished Investigator Award from the Orthopaedic Research Society and Orthopaedic Research and Education Foundation and a member of HealthpointCapital's Scientific Advisory Board. more

Musculoskeletal News Roundup 26-Apr-12 BY LAUREN UZDIENSKI, APRIL 26, 2012

CNMD, IART, OFIX, RTIX, Synthes, ZMH report 1Q ... FDA clears LDR's ROI-C Lordotic Cervical Cage ... SNN launches HEALICOIL PK suture anchor ... SNN moving some manufacturing to China ... LDR appoints Robert McNamara CFO more

CMS Releases IPPS Proposed Rule for FY2013 BY LAUREN UZDIENSKI, APRIL 25, 2012

CMS released the FY2013 draft rule yesterday, and rate increases in orthopedics and spine are higher than they have been in the past couple of years. Payments for orthopedic and spine DRGs are expected to increase by around 3-4%, depending on the procedure, which compares to around a 1% increase for hospital payments overall. more

Can Oral Bacteria Cause a Joint Replacement to Fail? BY LAUREN UZDIENSKI, APRIL 25, 2012

Researchers at Case Western Reserve University may have found a potential link between gum disease and joint health, with particular implications for failing joint replacements. Working collaboratively, dental, orthopedic and arthritis specialists tested the DNA in synovial fluid in 36 patients with both native and replacement joints. Some samples showed the presence of oral bacteria in the fluid, which the scientists suggest could be contributing to aseptic loosening or excessive wear in joint replacement patients when no infection is present. more

Orthofix Divests Breg BY LAUREN UZDIENSKI, APRIL 24, 2012

Orthofix announced this morning that they would divest their Breg sports medicine (bracing) division. Private equity firm Water Street Healthcare Partners will acquire the division for $157.5 million in cash, which is about 1.5x Breg's 2011 sales. The transaction is expected to close in 2Q:12. more

E.U. Approves J&J's Acquisition of Synthes BY LAUREN UZDIENSKI, APRIL 19, 2012

J&J's offer to divest its trauma business (with Biomet lined up to purchase the assets) has clearly allayed E.U. anti-trust concerns, as it was announced this morning that regulators have approved Johnson & Johnson's $21.3 billion purchase of Synthes. J&J estimates that the deal will close in 2Q:12, and it will mark the largest acquisition in orthopedics history. more

Musculoskeletal News Roundup 19-Apr-12 BY LAUREN UZDIENSKI, APRIL 19, 2012

JNJ, Stryker announce earnings ... EU approves JNJ's acquisition of Synthes ... DePuy launches VIPER F2 Transfacet Pedicular System ... IART introduces Vu aPOD Prime IBD ... Mesoblast reaches 50% enrollment on phase II study ... OREF announces $3.1 million in grants more

Spine Publishes Oxiplex IDE Data BY LAUREN UZDIENSKI, APRIL 17, 2012

FzioMed announced today that the journal Spine has published results from the Oxiplex pivotal clinical study. Oxiplex is an absorbable gel that is applied to epidural tissue during lumbar laminectomy, laminotomy and discectomy procedures to prevent the formation of adhesions post-operatively. Adhesion barriers are intended to the reduce pain, radiculopathy and lower extremity weakness associated with the formation of scar tissue after surgery. more

Tornier to Consolidate U.S., E.U. Facilities BY LAUREN UZDIENSKI, APRIL 16, 2012

Tornier announced plans for a facility consolidation that would "drive operational productivity" and save the company up to $2.8 million per year in operating expenses. Specifically, the company will relocate its distribution operations in Stafford, Texas to Minnesota, which will bring its U.S.-based marketing, training, regulatory, clinical, supply chain and corporate functions into a single leased site in the Minneapolis area. more

Musculoskeletal News Roundup 12-Apr-12 BY LAUREN UZDIENSKI, APRIL 12, 2012

Biomet kicks off earnings season ... FDA approves phase I Arteriocyte study for Compartment Syndrome ... Piramal receives CE mark for BST-CarGel ... Amedica announces new biologics distribution agreements ... Advanced Biologics inks deal with GPO Premier more

Vexim Plans IPO BY LAUREN UZDIENSKI, APRIL 12, 2012

French spine company Vexim is planning to IPO on the NYSE Alternext next month. Vexim developed the SpineJack procedure for the treatment of vertebral compression fractures and plans to raise as much as EUR 15.9 million ($20.9 million) in the offering, according to reports from Bloomberg. more

FDA Expands its Fast-Track Review Program, Innovation Pathway BY LAUREN UZDIENSKI, APRIL 10, 2012

The FDA announced yesterday that the agency has expanded their new Innovation Pathway, a fast-track program for novel medical devices, to include three new technologies designed to treat end-stage renal disease. more

Clinical Roundup April 2012 BY LAUREN UZDIENSKI, APRIL 9, 2012

Cemented vs. uncemented hip hemiarthroplasty ... Returning to running after hip resurfacing surgery ... Adipose-derived stem cells in skeletal muscle-healing in a rat model ... Cortoss IDE results in vertebroplasty ... Patterns of disc degeneration ... Are local anesthetics associated with chondrotoxicity? more

Musculoskeletal News Roundup 5-Apr-12 BY LAUREN UZDIENSKI, APRIL 5, 2012

SNN acquires LifeModeler ... Cutting Edge Spine launches E-Vol System of spinal fusion devices ... Medtronic to settle shareholder lawsuit for $85M ... New BONESUPPORT CEO announces 100 Day Plan ... Blue Belt opens new Pittsburgh facility more

Blue Belt Technologies Announces New Pittsburgh Facility BY EDITOR, APRIL 3, 2012

Blue Belt Technologies, Inc. is holding a ribbon-cutting ceremony and open house event on April 3, 2012 to celebrate the opening of a new state-of-the art facility in Pittsburgh, PA. more

Biomet Offers to Buy DePuy's Trauma Business BY LAUREN UZDIENSKI, APRIL 3, 2012

Biomet announced this morning that the company has made a binding offer to acquire DePuy's worldwide trauma business for $280 million in cash. The deal comes on the heels of reports that the EU will approve J&J's $21B acquisition of Synthes and speculation that J&J offered concessions to mitigate anti-competitive concerns. more

Awaiting the Supreme Court's Ruling on Healthcare Reform BY LAUREN UZDIENSKI, APRIL 2, 2012

Though we're not likely to hear the fate of healthcare reform until late June, the Supreme Court has likely already made their decision. As the Washington Post reports, the Court tends to decide quickly on cases, though it may take months for the Justices' decisions to be written and made public (as is expected to be the case with healthcare reform). In the meantime, there will be no public comment from the Court, leaving the media, public, industry and government officials to speculate on potential outcomes. more

Dental News Roundup March 2011 BY LAUREN UZDIENSKI, APRIL 2, 2012

Periodontal treatment lowers medical costs for diabetics ... Millennium Dental, Institute for Advanced Laser Dentistry renew partnership with the Seattle Study Cub ... Nobel Biocare to host scientific symposia for anniversary of osseointegration more


Complete Archive