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Orthopedic and Dental Industry News

January 2013

Blue Belt Technologies Announces First U.S. Sale of NavioPFS Surgical System BY EDITOR, JANUARY 31, 2013

Blue Belt Technologies, Inc., an innovative medical technology company that markets its NavioPFS precision orthopedic surgical system for unicondylar knee replacement, today announced the first sale of the NavioPFS system in the United States. Community Regional Medical Center in Fresno,... more

Samsung Looks to Move Further Into the Medical Device Marketplace BY ANDREW VAHRADIAN, JANUARY 30, 2013

With the recently announced acquisition of NeuroLogica, a maker of computed tomography (CT) machines, Samsung further reinforced its desire to make a name for itself in the medical equipment sector. Earlier this month, the head of Samsung’s consumer electronics division,... more

Musculoskeletal News Roundup 25-Jan-13 BY ANDREW VAHRADIAN, JANUARY 25, 2013

Johnson & Johnson, Stryker report financial results for 4Q:12...Bioventus receives support from NICE for its EXOGEN system...FzioMed receives approval for Oxiplex in Russia...Zimmer introduces Zimmer V2F Anterior Fixation System...Bacterin announces first clinical results for OsteoSponge...Pioneer Surgical announced first clinical use of Tritium SCP system...BonAlive and Olympus Biotech enter distribution agreement...ImplanTec becomes sole direct distributor of ANA.NOVA and CCG in select European nations more

Investors Eye Medical Device Industry BY ANDREW VAHRADIAN, JANUARY 24, 2013

Over the course of 2012, the medical device industry saw a significant increase in the amount of capital received and the level of interest from angel and seed investors. In 2012, there were 457 medtech angel- and seed-round financings equating... more

FDA to Tighten Regulation on Metal-on-Metal Hip Implants BY ANDREW VAHRADIAN, JANUARY 24, 2013

In order to close a loophole in the Medical Device Amendments of 1976, the federal law under which medical devices were first regulated, the FDA has issued a proposed order that will require metal-on-metal (MoM) hip arthroplasty implant manufacturers to... more

Musculoskeletal News Roundup 18-Jan-13 BY ANDREW VAHRADIAN, JANUARY 18, 2013

Stryker announces plans to acquire Trauson Holdings for $764 million...ArthroCAD, Inc. closes first tranche of Series A financing for $0.69 million...Russian regulator, Rozsdravandzor published the planned changes for the medical device regulatory process in Russia...InTouch Health receives 510(k) clearance for its RP-VITA Remote Presence Robot...Zimmer receives 510(k) clearance to market its iASSIST Knee...Mesoblast's NeoFuse Stem Cell product successfully meets its targeted safety and efficacy endpoints in its Phase 2 clinical trial for lumbar spinal fusion...Zimmer Spine plans to close its Austin facility more

Stryker to Acquire Trauson Holdings for $764 Million BY ANDREW VAHRADIAN, JANUARY 17, 2013

Stryker announced plans today to acquire Trauson Holdings, the leading trauma manufacturer in China, a move that will strengthen the company's presence not only in China, but other emerging markets as well. Stryker will pay $764 million in cash for... more

Medtronic CEO, Omar Ishrak, Discusses Future Plans BY ANDREW VAHRADIAN, JANUARY 16, 2013

At the J.P. Morgan Healthcare Conference in San Francisco last week, Medtronic CEO, Omar Ishrak, proclaimed that the company will devote its energies in 2013 to exploring M&A opportunities, accelerating the company's global expansion strategy and adjusting to the health... more

Musculoskeletal News Roundup 10-Jan-13 BY ANDREW VAHRADIAN, JANUARY 10, 2013

Biomet reported financial results for 2Q:13...Amedica Corporation, AxioMed Spine and Ceterix Orthopaedics completed financings...AnthroCare Corp. reached an agreement to acquire Eleven Blade Solutions...Soft Tissue Regeneration and VertiFlex received 510(k) product clearance from the FDA...Instratek, Life Spine, Orthofix and Sonoma Orthopedic launched new products...DFINE, Inc. and Biomet enter a three-year distribution agreement...Straumann appoints new CEO more

Straumann Appoints New CEO BY LAUREN UZDIENSKI, JANUARY 9, 2013

Last week Straumann announced that they would replace CEO Beat Spalinger with Marco Gadola, who previously served as Straumann's Chief Financial Officer and Executive Vice President Operations at Straumann from 2006 to 2008 and is currently Regional CEO Asia Pacific at supply chain management company Panalpina. Mr. Spalinger is leaving Straumann "by mutual agreement with the Board." more

HealthpointCapital's 2012 Sports Medicine Book of the Year: An Interview with the Author, Dr. Jordan Metzl BY JOHN MCCORMICK, JANUARY 8, 2013

As day-to-day practitioners in the orthopedic industry, you can well imagine we are reading copiously on the topic. Reflecting on what we pored through last year, we recommend this gem of a book on sports medicine by the Hospital for... more

Fiscal Cliff Legislation Blocks Physician Pay Cuts BY LAUREN UZDIENSKI, JANUARY 7, 2013

The fiscal cliff package of legislation passed on January 1st will avert scheduled cuts to physician Medicare pay, though this time, hospitals will pick up the slack. The latest round of cuts was scheduled to reduce physician pay by 26.5%, which amounts to around $30 billion over the next decade. Cuts to hospital pay will make up some of the difference, with Medicare pay to hospitals for inpatient care to be reduced by about $10.5 billion over the next ten years. Reductions to Medicaid pay to hospitals will save an additional $4.2 billion over the same period. more

Musculoskeletal News Roundup 4-Jan-13 BY ANDREW VAHRADIAN, JANUARY 4, 2013

Alphatec Spine receives 510(k) clearance from the FDA for two new products and receives Shonin approval in Japan for its Novel PEEK Spinal Spacers...Medrobotics converted notes valued at $33.6 million into Series D preferred stock...Spinal Restoration secures $3 million in a Series C equity offering...DJO Global announces the acquisition of Exos Corporation...Stryker is under investigation on allegations it offered bribes to hospital officials in Poland...BioMimetic Therapeutics initiated enrollment for Phase II of the clinical trial to assess its Augment Chronic Tendinopathy (ACT) more

SPORT Data Demonstrates Obese Patients Realize Less Clinical Benefit from Treatment of Lumbar Disc Herniation BY ANDREW VAHRADIAN, JANUARY 3, 2013

It has been well documented that obesity exacerbates the strain exerted on and deterioration of a person's musculoskeletal system, and leads to a greater probability of lower back pain, facet arthritis and degenerative disc disease. Though, the link between obesity... more

Alphatec Spine Receives U.S. FDA 510(K) Market Clearance for Two New Products and Receives Japanese Shonin Approval to Begin Marketing Its Novel Peek Lumbar Spinal Spacers BY EDITOR, JANUARY 3, 2013

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 conditions related to the aging spine,... more


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