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Orthopedic and Dental Industry News

April 2016

Musculoskeletal News Roundup 29-April-16 BY BLAKE MOSSY, APRIL 29, 2016

Amplitude Surgical, Aurora Spine, CONMED, Exactech, IMPLANET, Integra LifeSciences, NuVasive, Safe Orthopaedics, Zimmer Biomet report financial results...Xtant Medical receives grant...Bionik Laboratories closes acquisition of Interaction Motion Technologies...Zimmer Biomet acquires Cayenne Medical...Exactech, Medicrea, Pinnacle Spine, SpinalCyte, Spinal Elements regulatory updates...Geneseys Spine, Integra LifeSciences, NuVasive product updates...Invibio settles litigation...MedShape publishes clinical results...Stryker launches new education platform...Titan Spine appointment more

Bionik Laboratories Completes Acquisition of Interactive Motion Technologies BY ANDREW VAHRADIAN, APRIL 28, 2016

Bionik Laboratories completed its all-stock acquisition of Interactive Motion Technologies, Inc. (IMT), a Boston-based developer of robotic systems that provide adaptive therapy to patients with upper and lower body mobility challenges caused by neurological disorders. Under the terms of the... more

Zimmer Biomet to Acquire Cayenne Medical BY ANDREW VAHRADIAN, APRIL 25, 2016

Zimmer Biomet entered into an agreement to acquire Cayenne Medical, a company in the soft tissue repair and reconstruction segment of the sports medicine market. The financial terms of the transaction were not disclosed. Cayenne develops soft tissue reconstruction solutions... more

Musculoskeletal News Roundup 21-April-16 BY BLAKE MOSSY, APRIL 21, 2016

Johnson & Johnson, Stryker report financial results...Bone Biologics, Medtronic financings...Lattice Biologics, RTI Surgical product updates...Cartiva, Life Spine, Ortho Kinematics regulatory updates...SI-BONE, SpinalCyte clinical updates...Amedica, Bone Solutions distribution agreements...Episurf Medical reimbursement coverage expanded more

FDA's Orthopaedic and Rehabilitation Devices Panel Recommends Approval for Cartiva's SCI Device BY ANDREW VAHRADIAN, APRIL 21, 2016

Cartiva announced that the FDA's Orthopaedic and Rehabilitation Devices Panel voted in favor of the company's Premarket Approval application (PMA) of its Cartiva Synthetic Cartilage Implant (SCI) for the treatment of osteoarthritis (OA) at the base of the great toe.... more

Medtronic Prices $3.0 Billion Tender Offer BY ANDREW VAHRADIAN, APRIL 20, 2016

Medtronic plc published the pricing terms of a $3.0 billion cash tender offer of various debt securities. The senior notes will be issued by two of Medtronic's wholly-owned subsidiaries, Medtronic, Inc., and Covidien International Finance S.A. (CIFSA). The new set... more

Musculoskeletal News Roundup 14-April-16 BY BLAKE MOSSY, APRIL 14, 2016

SpineGuard reports financial results...LISI Group to acquire Remmele Medical...Mach7 Technologies merges with 3D Medical...Stryker acquires SafeWire...Tyber Medical funding...EOS imaging, Safe Orthopaedics regulatory updates...Bodycad, Centric Medical, RTI Surgical, Hunter Medical product updates...Tekcapital license agreement with Stryker...Safe Orthopaedics distribution agreement with SSj Health...BioTras new educational platform...DJO Global, Expanding Orthopedics personnel updates more

LISI Group to Acquire Remmele Medical for $102M BY ANDREW VAHRADIAN, APRIL 12, 2016

LISI Group entered into an agreement to acquire Remmele Medical, a subsidiary of the lightweight metal manufacturer, Alcoa. The transaction value was $102 million, which values the business operations of Remmele at 1.5x FY2015 revenues of $70 million. Remmele Medical... more

Stryker Acquires SafeWire BY ANDREW VAHRADIAN, APRIL 11, 2016

Stryker entered into an agreement to acquire SafeWire, a developer of the minimally invasive surgical instruments for spine procedures. Through the transaction, Stryker acquires SafeWire's Y-Wire guidewire and Tiger Jamshidi Needle product lines. Y-Wire is a proprietary guidewire platform for... more

Musculoskeletal News Roundup 7-April-16 BY BLAKE MOSSY, APRIL 7, 2016

Osseon reports financial results...Stryker closes its acquisitions of Sage Products, Physio-Control and Synergetics USA's neurology product portfolio...ConforMIS, Implanet, K2M regulatory updates...Expanding Orthopedics, Interventional Spine, NuVasive, OrtWay, Premia Spine, Smith & Nephew, SpineSource product updates...Zyga enrolls patients in clinical study...Researchers develop neuroprosthetic technology that allows amputees to feel textures...Medovex enters into distribution agreement with Innosurge...Anika Therapeutics, TranS1 appointments more

Researchers Develop Neuroprosthetic Technology that Allows Amputees to Feel Textures BY ANDREW VAHRADIAN, APRIL 6, 2016

Researchers at the Ecole polytechnique fédérale de Lausanne (EPFL) and Scuola Superiore Sant'Anna (SSSA) institutions, in collaboration with Università di Pisa, IRCCS San Raffaele Pisana, Università Cattolica del Sacro Cuore, Università Campus Biomedico, have developed a sophisticated tactile information/feedback system... more

Smith & Nephew to Launch Blue Belt Technologies' Navio System in India BY ANDREW VAHRADIAN, APRIL 6, 2016

Smith & Nephew announced plans to launch Blue Belt Technologies' Navio surgical robotic system, a recent acquisition, in the Indian marketplace. Blue Belt's Navio system provides robotics-assistance in unicondylar (uni) or partial knee replacement surgical procedures via CT-free navigation software... more


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