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Orthopedic and Dental Industry News

June 2015

Integra Lifesciences to Acquire TEI Biosciences and TEI Medical for $312M BY ANDREW VAHRADIAN, JUNE 29, 2015

Integra LifeSciences entered into a definitive agreement to acquire all of the outstanding shares of TEI Biosciences and TEI Medical (TEI) for $312 million in cash, or 4.9x 2014 revenues, or approximately 19.7x 2014 EBITDA. TEI is a biomedical company... more

Musculoskeletal News Roundup 25-Jun-15 BY MATTHEW JAFFE, JUNE 25, 2015

Blue Belt Technologies Announces Orthopedic Robotics Partnership with SurgCenter Development...ConfiMIS priced IPO...Amendia acquired SpineSelect, Wright Medical and Tornier shareholders agree to merger...Zimmer/Biomet merger updates... Regulatory news from Anika...Product introduction and updates from Ellipse Technologies, IlluminOss, Mazor Robotics... InVivo patent...Clinical news from Bone Therapeutics, Wenzel Spine... Distribution agreements from Bacterin... Histogenics appointment more

Zimmer Receives FTC Clearance for its Acquisition of Biomet and Divests Certain Product Lines BY ANDREW VAHRADIAN, JUNE 24, 2015

Zimmer received clearance from the U.S. Federal Trade Commission (FTC) regarding its cash/stock acquisition of Biomet currently valued at approximately $14.0 billion. This effectively completes the transaction which was initially announced in April 2014. The transaction combines two product portfolios... more

ConforMIS Proposes Terms for IPO BY ANDREW VAHRADIAN, JUNE 22, 2015

ConforMIS filed an S-1 to raise between $126 million and $144 million through a previously announced initial public offering (IPO), by offering 9.0 million shares of common stock at a proposed price range of $14-$16 a share. At the midpoint... more

Blue Belt Technologies Announces Orthopedic Robotics Partnership with SurgCenter Development BY EDITOR, JUNE 19, 2015

Blue Belt Technologies, a medical device company specializing in advanced technology solutions for orthopedic surgery, announces a partnership with SurgCenter Development, a leader in the launch and growth of physician owned Ambulatory Surgery Centers across the United States. The partnership... more

Musculoskeletal News Roundup 18-Jun-15 BY MATTHEW JAFFE, JUNE 18, 2015

Cymedica Orthopedics, Intellirod Spine, Invuity, NanoMag, Spineguard receive funding... Regulatory news from Aesculap, Centinel Spine, Cerapedics, FH Ortho, Nanovis Spine... Depuy Synthes operations news... Product Introduction and Updates from ApiFix, Aurora Spine, Cartiva, Signus... Legal updates from Globus, KFX Medical, Smith & Nephew... Clinical trial new from Cytori Therapeutics, Implanet... Anika Therapeutics collaborating with University of Massachusetts Amhers, Depuy collaborating with AO Foundation...Appointments at InVivo, NuVasive more

DePuy Synthes Invests $60M to Expand its Irish Orthopedic Manufacturing Facilities BY ANDREW VAHRADIAN, JUNE 17, 2015

Depuy Synthes, the orthopedic medical device subsidiary of Johnson & Johnson, invested €53.2 million ($59.8 million) into its manufacturing facilities located in Ringaskiddy, Cork, Ireland. The funds will be used to expand the plant's production capabilities. The 320,000 sq ft... more

Invuity Proposes Terms for IPO BY ANDREW VAHRADIAN, JUNE 17, 2015

Invuity priced its initial public offering (IPO) of 4.0 million shares of common stock at a price of $12.00 per share, raising total proceeds of $48 million. This equates to an enterprise value of approximately $252 million, valuing the company... more

MicroDental Laboratories Acquires Rock Creek Dental Laboratory BY EDITOR, JUNE 12, 2015

MicroDental Laboratories, a network of dental laboratories committed to helping dentists thrive, announced the acquisition of Rock Creek Dental Ceramics, Ltd. laboratory in O'Fallon, IL. Effective immediately, Rock Creek will merge with the company's Donnell Dental Laboratory to form one... more

Musculoskeletal News Roundup 11-Jun-15 BY ANDREW VAHRADIAN, JUNE 11, 2015

Blue Belt Announces 1,000 Cases with the STRIDE Unicondylar Knee System...Integra divests spine business (SeaSpine)...New legislation to repeal 2.3% device tax...St. Jude receives product approval...Vericel to submit BLA to FDA...Expanding Orthopedics announces FLXfit milestone...joimax launches iLESSYS Delta system...Univeristy of Massachusetts at Lowell launches new innovation hub...aap Implantate distribution agreements...Greatbatch's subsidiary Algostim to be renamed Nuvectra more

Blue Belt Technologies Announces 1,000 Cases with the STRIDE Unicondylar Knee System BY EDITOR, JUNE 11, 2015

Blue Belt Technologies, a medical device company specializing in technology solutions for orthopedic surgery, announces 1,000 cases utilizing the company’s proprietary implant, the STRIDE Unicondylar Knee System. STRIDE has been commercially available since October 2013. The STRIDE implant is used... more

Integra Lifesciences Divests Spine Business BY ANDREW VAHRADIAN, JUNE 9, 2015

Integra LifeSciences announced the spin-off of its Spine business to Integra shareholders on a tax-free basis, creating a new publicly traded spinal hardware and orthobiologics company called "SeaSpine Holdings Corporation" (SeaSpine). Under the terms of the separation, SeaSpine common stock... more

Musculoskeletal News Roundup 4-Jun-15 BY ANDREW VAHRADIAN, JUNE 4, 2015

Medtronic reports finanical results...SpineGuard financings...Zimmer divests uni-kee assets...BIOMATLANTE, Mainstay Medical, OrthoPediatrics product approvals...DePuy, Smith & Nephew recalls...Bacterin, Centinel Spine, Lima Corporate, Misonix, Providence Medical product updates...Intelligent Implant Systems receives patent...SI-BONE announces NASS coverage recommendation...Researchers develop novel graphene-based ink to 3-D print structures...LaunchPad license agreement w/ Styrker...Materialise agreement w/ Consensus Orthopedics...HealthpointCapital SBA Chair, Dr. David Helfet, Receives the 2015 HSS Lifetime Achievement Award more

Researchers Develop a Novel Graphene-based Ink with the Ability to 3-D Print Medical Devices BY ANDREW VAHRADIAN, JUNE 4, 2015

A team of researchers at Northwestern University have developed a novel graphene-based ink that can be utilized to three-dimensionally print large, robust 3-D structures, like scaffolds. Three-dimensional printing of graphene structures has been attempted unsuccessfully before, but with low overall... more

HealthpointCapital SBA Chair, Dr. David Helfet, Receives the 2015 HSS Lifetime Achievement Award BY EDITOR, JUNE 3, 2015

HealthpointCapital's Scientific Board of Advisors (SBA) Chair, Dr. David Helfet, received the HSS (Hospital for Special Surgery) 2015 Lifetime Achievement Award. Dr. Helfet is an orthopedic trauma surgeon and the Director of Orthopedic Trauma Service at HSS. Dr. Henry Kissinger,... more


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