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Orthopedic and Dental Industry News

April 2014

Alphatec Spine Announces Executive Leadership Changes BY EDITOR, APRIL 30, 2014

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 board of directors has appointed James M. Corbett President and Chief Executive Officer,... more

Musculoskeletal News Roundup 24-Apr-14 BY ANDREW VAHRADIAN, APRIL 24, 2014

Exactech, Vexim report financial results...Conventus credit facility...K2M proposes IPO terms...Medline to acquire pin business from Amendia...Zimmer to Acquire Biomet...Aperion Biologics receives CE Mark...Anika product update...DePuy, RTI, ulrich launch products...MiMedx files infringement suit...Soft Tissue Regeneration completes trial enrollment...Ethicon Biosurgery, Orchid Orthopedic new facilities...Danaher, IMPLANET, Orthofix appointments more

Zimmer to Acquire Biomet for $13.4B BY ANDREW VAHRADIAN, APRIL 24, 2014

Zimmer and Biomet announced that each of their respective Boards of Directors have approved a definitive agreement under which Zimmer will acquire Biomet in a cash and stock transaction valued at approximately $13.35 billion, including the assumption of net debt,... more

Danaher Appoints New CEO BY ANDREW VAHRADIAN, APRIL 23, 2014

Danaher Corporation announced the appointment of Thomas Joyce, Jr. as President and Chief Executive Officer, succeeding H. Lawrence Culp, Jr., who will retire on March 1, 2015. Mr. Joyce becomes the fourth CEO in the company's 30-year history. Mr. Joyce... more

K2M Proposes Terms for IPO BY ANDREW VAHRADIAN, APRIL 22, 2014

K2M filed to raise between $141 million and $159 million through a previously announced initial public offering (IPO), by offering 8.8 million shares of common stock at a proposed price range of $16-$18 a share. At the midpoint of the... more

Musculoskeletal News Roundup 16-Apr-14 BY ANDREW VAHRADIAN, APRIL 16, 2014

EARNINGS Johnson & Johnson reported financial results for 1Q:14. Total revenue was $18.1 billion in 1Q:14, beating consensus estimates by 1% and representing an increase of 5% compared to $17.5 billion in 1Q:13. Gross margin for 1Q:14 increased to 69.9%,... more

CONMED Reported to be Considering a Sales Process BY ANDREW VAHRADIAN, APRIL 16, 2014

CONMED Corporation is reported to be exploring a sales process, and has been speculated to have already reached out to other medical device companies to assess buyout interest. This decision to consider a sale comes as the company anticipates a... more

Hospital of Special Surgery Appoints New Surgeon-in-Chief BY ANDREW VAHRADIAN, APRIL 16, 2014

The New York City-based Hospital for Special Surgery (HSS) has appointed Dr. Todd Albert, Chairman of the Department of Orthopaedics and President of The Rothman Institute at Thomas Jefferson University Hospital in Philadelphia, as its new Surgeon-in-Chief and Medical Director.... more

Musculoskeletal News Roundup 11-Apr-14 BY ANDREW VAHRADIAN, APRIL 11, 2014

aap Implantate, GS Medical report financial results...LDR files public follow-on offering...Saudi Arabia regulatory change...Extremity Medical, Vexim obtain clearances...Bioventus, DePuy, Zimmer launch products...Ellipse product update...NuVasive suit verdict...Ankle fracture study...Advanced Biologics, Cellular Biomedicine studies...TiGenix distribution agreement more

Study Demonstrates Joint Replacement Procedures are "Recession-proof" BY ANDREW VAHRADIAN, APRIL 11, 2014

A new study published in the Journal of Bone and Joint Surgery (JBJS), concluded that the economic recessions experienced in the 21st century up to this point, have not substantially hindered the growth trends for hip and knee arthroplasty in... more

CMS to Begin Disclosing Medicare Procedure Data Publicly BY ANDREW VAHRADIAN, APRIL 10, 2014

The Centers for Medicare & Medicaid Services (CMS) announced a new policy in which the federal agency will begin publicly disclosing data on Medicare services and procedures furnished by individual physicians and other professionals in order to make the U.S.... more

Musculoskeletal News Roundup 4-Apr-14 BY MATTHEW JAFFE, APRIL 4, 2014

Amedica, Biomet, Medicrea report financial results...Providence Medical Technology funding...3D Systems acquires Medical Modeling Inc...Vertiflex submits final PMA module, Rotation Medical receives 510(k)...Arthrosurface's first ToeMate surgery, Zimmer launches Puros Demineralized Bone Matrix product line...IlluminOss Medical patent more


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