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Orthopedic and Dental Industry News

September 2013

Musculoskeletal News Roundup 26-Sept-13 BY LAUREN UZDIENSKI, SEPTEMBER 26, 2013

SYK to acquire MAKO ... Crosstress Medical receives 510(k) clearance for PVA Pod System ... PlusLife's Allogeneic Bone Gel for sale ... Integra announces first implantation of the Titan Reverse Shoulder System ... RTI Surgical's first implantation of the map3 Cellular Allogeneic Bone Graft ... Mazor Robotics to raise up to $46M in Nasdaq offering and announces new Renaissance installation in Russia more

Stryker to Acquire MAKO Surgical for $1.65B BY LAUREN UZDIENSKI, SEPTEMBER 25, 2013

Stryker announced plans this morning to acquire orthopedic robotics company MAKO Surgical Corp. for $30.00 per share in cash, valuing the transaction at approximately $1.65 billion overall. The purchase price represents an 86% premium to yesterday's close and approximately 13.0x estimated 2013 revenues of $126.5 million. more

FDA Issues Final Rule on Unique Device Identifiers BY LAUREN UZDIENSKI, SEPTEMBER 23, 2013

The FDA issued a final rule on unique device identifiers (UDIs) last Friday, formalizing a long-awaited plan to apply unique labels to medical devices. The system is designed to provide more robust post-market surveillance, allowing the FDA to "identify product problems more quickly, better target recalls and improve patient safety." more

Musculoskeletal News Roundup 19-Sep-13 BY ANDREW VAHRADIAN, SEPTEMBER 19, 2013

ATEC announces restructured and expanded credit facility...ATEC announces intent to restructure Scient'x business operations...Golden Equity to acquire IMDS...Dallen Medical, Moirai Orthopaedics, Neurotech receive product approvals...DePuy launches new product...Trinity Orthopedics acquires patents from Expanding Concepts...Regentis Biomaterials announces new data...Advanced Biologics announces relocation...K2M enters France market...InVivo announces appointment more

Alphatec Spine Announces Restructured and Expanded Credit Facility BY EDITOR, SEPTEMBER 17, 2013

Alphatec Holdings, Inc. (Nasdaq:ATEC), the parent company of Alphatec Spine, Inc., a medical device company that provides physician-inspired solutions for patients with spinal disorders, announced today that it has amended its existing credit facility with MidCap Financial. The revised credit... more

Alphatec Spine Announces Intent to Restructure Scient'x Business Operations BY EDITOR, SEPTEMBER 17, 2013

Recommended Changes Will Result in Multi-Year Improvements in International Operations Alphatec Holdings, Inc. (Nasdaq:ATEC), the parent company of Alphatec Spine, Inc., a medical device company that provides physician—inspired solutions for patients with spinal disorders, announced that its French affiliate, Scient'x... more

Musculoskeletal News Roundup 13-Sep-13 BY ANDREW VAHRADIAN, SEPTEMBER 13, 2013

Aurora Spine completes IPO...ICONACY, SANUWAVE, StelKast, Tyber Medical receive approvals...Invibio announces product launch...SI-BONE announces milestone...PUR receives two patents...Biomet announces first clinical use...BONESUPPORT, Titan Spine announce study results...Aetna updates reimbursement policy...SIGNUS terminates distribution agreement with LifeHealthcare...DFINE, Mazor, Tyber Medical announce appointments more

rhBMP-2 Linked to Higher Rates of Benign Tumor Development BY ANDREW VAHRADIAN, SEPTEMBER 13, 2013

In recent years, the use bone morphogenetic proteins (BMPs) has come under scrutiny. A study published in Spine, found a rise in the prevalence of off-label use of BMPs, determining that between 2003 and 2007, the annual number of procedures... more

Aurora Spine Completes IPO BY ANDREW VAHRADIAN, SEPTEMBER 9, 2013

Aurora Spine Corporation completed its initial public offering (IPO) of 5,150,000 common shares at a price per share of $0.70, for total gross proceeds of $3,605,000. Aurora Spine's common shares are expected to commence trading on the TSX Venture Exchange... more

Musculoskeletal News Roundup 4-Sep-13 BY ANDREW VAHRADIAN, SEPTEMBER 4, 2013

Active Implants, Kedu Healthcare, Covalon Technologies receive funding...Spineart to acquire Orthos' products...Abyrx, LDR SpineGuard receive product approval...Stryker initiates recall...BioMedical Enterprises, Flower Orthopedics, The Orthopedic Implant Company launch products...Wenzel Spine receives patent...InVivo Therapuetics updates trial, Spinal Modulation announces trial...Johnson & Johnson reorganizes Chinese operations...Medtronic launches innovation center...Health Canada, IlluminOss make appointments more

Taiwan Legislature to Ratify Additional Tax Reductions and Subsidies for Medical Device Manufacturers BY ANDREW VAHRADIAN, SEPTEMBER 4, 2013

The Taiwanese legislature is likely to ratify a draft bill in the upcoming session allowing manufacturers of high-risk medical devices to receive tax reductions and government subsidies. There is currently a consensus among legislators for such an initiative and if... more

Researchers Develop Transparent Ceramic Skull Implant BY ANDREW VAHRADIAN, SEPTEMBER 4, 2013

A team of researchers from the University of California, Riverside, have developed a novel transparent skull implant that they hope will eventually provide new treatment options for patients with life-threatening neurological disorders, such as brain cancer and traumatic brain injury.... more

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