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March 14-18 - American Association of Orthopaedic Medicine Annual Meeting 2017

March 14-December 31 - Canaccord Genuity Musculoskeletal Conference

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Orthopedic and Dental Industry News

July 2016

Musculoskeletal News Roundup 28-July-16 BY BLAKE MOSSY, JULY 28, 2016

Alphatec Holdings announces sale of its international business to Globus Medical...Smith & Nephew’s NAVIO Surgical System achieves robotics-assisted milestone for total knee replacement surgery...Globus Medical, Johnson & Johnson, NuVasive, Styker report financial results...Intellirod funding update...4WEB Medical, DeGen Medical, Medtronic regulatory updates...Flower Orthopedics, Kanghui Orthopedics, MiMedx, Ortho Kinematics, Zimmer Biomet product introductions and updates...ANIOX, Orthofix, RTI Surgical clinical updates...Xtant Medical operations update more

Smith & Nephew’s NAVIO Surgical System Achieves Robotics-assisted Milestone for Total Knee Replacement Surgery BY EDITOR, JULY 28, 2016

Smith & Nephew (NYSE: SNN; LSE:SN), the global medical technology business, announced the first surgical case of its robotics-assisted total knee replacement procedure. The new approach, which recently received 510(k) clearance from the US Food and Drug Administration, uses the... more

Alphatec Holdings Announces Sale of International Business to Globus Medical BY EDITOR, JULY 26, 2016

Alphatec Holdings, Inc. (Nasdaq:ATEC), the parent company of Alphatec Spine, Inc., a global provider of spinal fusion technologies, announced that it has entered into a definitive agreement with Globus Medical (NYSE:GMED), a leading musculoskeletal implant manufacturer, whereby Globus will acquire... more

FDA Approves Medtronic's Two-Level Prestige LP Cervical Disc BY ANDREW VAHRADIAN, JULY 25, 2016

Medtronic received clearance from the FDA for its Prestige LP Cervical Disc, indicated for the treatment of cervical disc disease causing nerve or spinal cord compression at two adjacent levels between the C3-C7 segments of the neck. Prestige has a... more

Musculoskeletal News Roundup 21-July-16 BY BLAKE MOSSY, JULY 21, 2016

IMPLANET, Life Spine, Medicrea, Safe Orthopaedics report financial results...Merit Medical Systems to acquire DFINE for $98M...Zimmer Biomet to acquire 59% stake in Medtech SA...Medtronic, NeuroPro Spinal Jaxx regulatory updates...DePuy Synthes Trauma, Medtronic, Stryker product updates...Extremity Medical, IlluminOss Medical, Mazor Robotics clinical updates more

Zimmer Biomet Acquires 59% Stake in Medtech SA with Plans to Buy the Remaining Stake in the Future BY ANDREW VAHRADIAN, JULY 19, 2016

Zimmer Biomet acquired a 59% stake in Medtech Société Anonyme, a French-based company that develops surgical robotic technologies to assist surgeons during medico-surgical interventions. The transaction values the business at an approximate enterprise value of $123.5 million, or 9.9x LTM... more

Merit Medical to Acquire DFINE for $98M BY ANDREW VAHRADIAN, JULY 18, 2016

Merit Medical Systems entered into an agreement to acquire DFINE, Inc., a California-based developer of minimally invasive implant systems to treat pathologies of the vertebrae, metastatic spinal tumors, and vertebral compression fractures (VCFs). The transaction price was approximately $97.5 million,... more

Musculoskeletal News Roundup 15-July-16 BY BLAKE MOSSY, JULY 15, 2016

Wright Medical enters divestiture agreement with Corin Orthopaedics...Cartiva regulatory update...Mazor Robotics, Spineart, Spine Wave, ulrich medical product updates...Graftys receives patent...Aurora Spine receives grant more

Wright Medical to Sell Legacy Tornier Large Joint Business to Corin Orthopaedics for $33M BY ANDREW VAHRADIAN, JULY 11, 2016

Wright Medical entered into an agreement to divest its hip and knee (large joint) businesses to Corin Orthopaedics for a purchase price of €29.7 million ($33 million), which values the portfolio at 0.9x 2016E revenues of $37 million and 6.0x... more

Cartiva Receives Premarket Approval from the FDA for its Cartiva Synthetic Cartilage Implant BY ANDREW VAHRADIAN, JULY 11, 2016

Cartiva received Premarket Approval (PMA) from the FDA for its Cartiva Synthetic Cartilage Implant (SCI) for the treatment of osteoarthritis (OA) at the base of the great toe. SCI marks the first synthetic cartilage device ever to be approved by... more

Musculoskeletal News Roundup 7-July-16 BY BLAKE MOSSY, JULY 7, 2016

PONTiS Orthopaedics, Spineart USA report financial results...Amedica public offering...Bioventus proposes $150M IPO...NuVasive completes acquisition of Biotronic NeuroNetwork, The Stephens Group acquires stake in CoreLink...Additive Orthopaedics, Camber Spine Technologies product updates...Bioventus extends distribution agreement with Seikagaku...AlloSource, ConforMIS, Spineart clinical updates...NuVasive settles IP suit with Medtronic...Phygen receives patent...Amendia, Safe Orthopaedics appointments more

Bioventus Proposes $150M IPO BY ANDREW VAHRADIAN, JULY 5, 2016

Bioventus Inc. filed an S-1 to raise up to $150 million through an initial public offering (IPO) of common shares. The price range and number of shares to be sold in the offering has not yet been determined. The company... more

Amedica Prices $11M Public Offering BY ANDREW VAHRADIAN, JULY 5, 2016

Amedica priced a public offering of shares for gross proceeds of $11 million. Under the terms of the offering, the company will sell Class A Units at a public offering price of $1.00 per unit. Each Class A Unit consists... more

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