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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 Complete Archive »

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Research Shows that A Permanent Repeal of the Medical Device Tax Could Recover 28,000 Jobs for the Industry BY ANDREW VAHRADIAN, MARCH 3, 2017

The American Action Forum (AAF) estimates that the medtech industry could recover the 28,000 jobs that were terminated during the implementation of the the Affordable Care Act's 2.3% medical device excise tax by 2021 if Congress permanently repeals the tax... more

Active Implants appoints Ted Davis as CEO BY BLAKE MOSSY, FEBRUARY 24, 2017

Active Implants appointed Ted David as company President Chief Executive Officer (CEO). Mr. Davis will succeed Henry Kylce, who will continue his role as Chairman of the Board. Prior to Active Implants, Mr. Davis served as CEO of MicroPort Orthopedics... more

Interview with Dr. Michael Gelb on His New Book "GASP: Airway Health - The Hidden Path To Wellness" BY ANDREW VAHRADIAN, FEBRUARY 14, 2017

Can you tell us about your background and how you got interested in Sleep Medicine? When I took over NYU's Temporomandibular Joint (TMJ) Disorders and Orofacial Pain program in 1989, I met two dental sleep specialists that changed my... more

Alphatec Spine Announces Appointment of David H. Mowry to its Board of Directors BY EDITOR, FEBRUARY 14, 2017

Alphatec Holdings, Inc. (Nasdaq:ATEC), the parent company of Alphatec Spine, Inc., a provider of spinal fusion technologies, announced that its board of directors has appointed David H. Mowry as a member of the board of directors effective February 8, 2017.... more

RTI Surgical Appoints Camille Farhat as CEO BY ANDREW VAHRADIAN, FEBRUARY 6, 2017

RTI Surgical appointed Camille Farhat as company Chief Executive Officer (CEO), effective March 15, 2017. Mr. Farhat will succeed the current Interim CEO, Robert Jordheim, who will resume his role as Chief Financial Officer. Prior to RTI, Mr. Farhat served... more

Titan Spine Appoint Ted Bird as Chief Commercial Officer BY ANDREW VAHRADIAN, NOVEMBER 22, 2016

Titan Spine appointed Ted Bird to the newly created position of Chief Commercial Officer. Prior to Titan, Mr. Bird served as President of Bird Medical, a strategic consulting firm for health care manufacturers, and as Non-executive Chairman of the Board... more

ConforMIS Appoints Mark Augusti as President & Chief Executive Officer BY ANDREW VAHRADIAN, OCTOBER 26, 2016

ConforMIS appointed Mark Augusti as company President & Chief Executive Officer, effective November 14, 2016. Mr. Augusti succeeds Dr. Philipp Lang as President & CEO, who will continue to serve on the company's Board of Directors. It is expected that... more

Xtant Medical Appoints Carl O’Connell as President BY ANDREW VAHRADIAN, OCTOBER 10, 2016

Xtant Medical appointed Carl O’Connell as the company's President. The position is responsible for leading all commercial efforts of Xtant, and reports to Dan Goldberger, the company's Chief Executive Officer. Mr. O’Connell most recently worked as Global Vice President of... more

Alphatec Holdings Announces Company Updates BY EDITOR, OCTOBER 5, 2016

Alphatec Holdings, Inc. (Nasdaq:ATEC), the parent company of Alphatec Spine, Inc., a provider of spinal fusion technologies, announced changes to the Company's executive leadership team, a reduction in the Company's workforce and an inducement award granted to Craig Hunsaker, the... more

Senate Appoints Dr. Robert Califf as Next FDA Commissioner BY ANDREW VAHRADIAN, MARCH 9, 2016

In a final vote of 89-4, the U.S. Senate confirmed the appointment of Dr. Robert Califf as the next Commissioner of the FDA. Dr. Califf, a cardiologist by trade has been a candidate for the FDA Commissioner position since 2014... more

AdvaMed Appoints Scott Whitaker as New President & CEO BY ANDREW VAHRADIAN, FEBRUARY 24, 2016

The Board of Directors of the Advanced Medical Technology Association (AdvaMed), the leading lobbyist/trade group for the medical device industry, has appointed Scott Whitaker as the group's next President and Chief Executive Officer (CEO) effective April 4, 2016. He replaces... more

Alphatec Spine Announces Retirement of James R. Glynn From Its Board of Directors; Donald A. Williams Appointed Audit Committee Chairman BY EDITOR, OCTOBER 29, 2015

Alphatec Holdings, Inc. (Nasdaq:ATEC), the parent company of Alphatec Spine, Inc., a global provider of spinal fusion technologies, announced that James R. Glynn is retiring as a member of the board of directors and Audit Committee Chairman, effective November 2,... more

President Obama Nominates Dr. Robert Califf as FDA Commissioner BY ANDREW VAHRADIAN, OCTOBER 15, 2015

President Obama has nominated Dr. Robert Califf as the next commissioner of the U.S. Food & Drug Administration (FDA), replacing Margaret Hamburg who resigned in March of this year. Dr. Robert Califf's nomination is subject to Senate confirmation, but if... more

Stephen Ubl to Step Down from AdvaMed to Join PhRMA BY ANDREW VAHRADIAN, OCTOBER 7, 2015

Stephen Ubl, the current President & CEO of the Advanced Medical Technology Association (AdvaMed), the leading lobbyist/trade group for the medical device industry, will step down from his post at AdvaMed (effective October 15th) to join the Pharmaceutical Research &... 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

Align Technology Appoints New CEO BY ANDREW VAHRADIAN, APRIL 9, 2015

Align Technology appointed Joseph Hogan as company President, Chief Executive Officer and Director, effective June 1, 2015. Mr. Hogan will replace Thomas Prescott, who announced his retirement the same day. Mr. Hogan most recently served as CEO of ABB Ltd.,... more

HealthpointCapital SBA Member, Dr. Andy Weiland, Receives AAOS' 2015 Tipton Leadership Award BY ANDREW VAHRADIAN, APRIL 6, 2015

The American Academy of Orthopaedic Surgeons (AAOS) presented its 2015 William W. Tipton, Jr., MD, Leadership Award, AAOS' highest leadership honor, to HealthpointCapital Scientific Board of Advisors (SBA) member, Dr. Andrew "Andy" Weiland. The Tipton Leadership Award recognizes academy members... more

NuVasive Appoints Greg Lucier as Chairman & Interim CEO BY ANDREW VAHRADIAN, APRIL 2, 2015

NuVasive announced the appointment of Greg Lucier as the company's Chairman of the Board and Interim Chief Executive Officer. Mr. Lucier's appointment follows Alex Lukianov's resignation as CEO and board member. Mr. Lukianov's resignation was the result of an independent... more

U.S. FDA Commissioner Announced Resignation BY MATTHEW JAFFE, FEBRUARY 5, 2015

Dr. Margaret Hamburg, Commissioner of the U.S. FDA, announced on Thursday that she is stepping down in March 2015. Dr. Hamburg led the FDA for almost six years and was confirmed by the U.S. Senate in May 2009. She told... more

Mazor Appoints CEO of U.S. Subsidiary BY ANDREW VAHRADIAN, OCTOBER 23, 2014

Mazor Robotics appointed Christopher Prentice, the company's current Senior Vice President, America & Global Marketing, as the CEO of Mazor Robotics, Inc., the U.S.-based subsidiary of Mazor Robotics. Mr. Prentice joined Mazor in 2010 after holding leadership positions with Johnson... more

Amedica Appoints New President & CEO BY ANDREW VAHRADIAN, OCTOBER 6, 2014

Amedica Corporation announced the appointment of Dr. Sonny Bal as the company's President and Chief Executive Officer. Dr. Bal has served as a member of Amedica's Board since February 2012, and as its Chairman since August 20th, 2014. He succeeds... more

Integra Lifesciences Combines Spine Hardware and Extremities Businesses Under One Executive BY ANDREW VAHRADIAN, SEPTEMBER 3, 2014

In response to reports from last week, Integra Lifesciences has notified us that the company is not pursuing any plans to sell its Spine business. However, the company has made modifications to the leadership and organizational structures of its Orthopedics... more

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

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

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

David Petty Named CEO of Exactech BY ANDREW VAHRADIAN, MARCH 31, 2014

Exactech announced that effective immediately, David Petty, has been promoted to Chief Executive Officer (CEO), replacing his father, Dr. Bill Petty, who co-founded the company and served as CEO since 1985. Mr. Petty joined Exactech in 1988, and most recently... more

Orthofix Files Restated Financial Statements and Appoints New Chairman BY ANDREW VAHRADIAN, MARCH 26, 2014

Orthofix International completed the filing of its previously announced financial statement restatement. The company filed restatements described in amendments for its Annual Report (10-K) for the 2012 fiscal year ended December 31, 2012, and Quarterly Reports (10-Q) for the fiscal... more

Alphatec Spine Announces Executive Leadership Changes BY EDITOR, JANUARY 2, 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 Mike Plunkett will succeed Pat Ryan as Chief Operating Officer. Mr. Ryan, who has... more

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

Gender: An Important Parameter for Personalized Medicine BY ANDREW VAHRADIAN, AUGUST 26, 2013

The FDA’s Center for Devices and Radiological Health (CDRH) has launched its Health of Women Program, an initiative focused on improving women’s access to, and outcomes from, treatments incorporating medical devices. The initiaitive highlights that: 1) Women are less frequently... more

Report Reveals Orthopedic Surgeons Top the List of Physician Incomes BY ANDREW VAHRADIAN, MAY 7, 2013

The latest Physician Compensation Report, conducted by Medscape, revealed that the majority of physicians' incomes are increasing with Orthopedic surgeons leading the way. In the industry report, 21,878 U.S. doctors in 25 specialties were surveyed on questions pertaining to their... more

Federal Report Depicts Medtech Employee Salaries Higher than National Average BY ANDREW VAHRADIAN, APRIL 18, 2013

The Federal Bureau of Labor & Statistics released data exhibiting results that employees at medtech companies on average, are paid more than their counterparts in other industries. The figures concluded that in general, medical device workers earn an annual salary... more

William Jellison Appointed CFO of Stryker BY ANDREW VAHRADIAN, APRIL 9, 2013

Stryker announced the appointment of William Jellison to the position of Vice President, Chief Financial Officer, effective April 22, 2013. Mr. Jellison will replace Interim CFO, Dean Bergy, who will remain at the company as Vice President, Corporate Secretary. Prior... more

HealthpointCapital's 2012 Sports Medicine Book of the Year: An Interview with the Author, Dr. Jordan Metzl BY JOHN MCCORMICK, JANUARY 8, 2013

As day-to-day practitioners in the orthopedic industry, you can well imagine we are reading copiously on the topic. Reflecting on what we pored through last year, we recommend this gem of a book on sports medicine by the Hospital for... more

Julie Brown Appointed CFO of Smith & Nephew BY ANDREW VAHRADIAN, NOVEMBER 27, 2012

Smith & Nephew announced that effective early February 2013, the company will appoint Julie Brown as its Chief Financial Officer and name her as an Executive Director on its Board of Directors. Julie joins Smith & Nephew after 25 years... more

Management Changes at Stryker and Tornier BY LAUREN UZDIENSKI, NOVEMBER 12, 2012

In management news this week, David Floyd joins Stryker, and Doug Kohrs has retired from Tornier. more

Musculoskeletal News Roundup 13-Sept-12 BY LAUREN UZDIENSKI, SEPTEMBER 12, 2012

FDA clears Iconacy Orthopedic Implants' I-Hip system ... Precision Spine's Slimplicity Solo Anterior Cervical Plate System 510(k)-cleared ... Amedica studies find "superior osseointegration and bacterial-resistant properties" of silicon nitride ... Ascendx Spine begins commercial shipments to Europe ... Osseon launches Osseoflex SN+ ... Smith & Nephew releases LEGION HK Hinge Knee ... NuVasive signs Premier agreement more

Musculoskeletal News Roundup 30-Aug-12 BY LAUREN UZDIENSKI, AUGUST 30, 2012

Axial Biotech sells ScoliScore for $4.4 million ... Nextremity Solutions closes funding round ... FH Orthopedics announces FDA approval ... Osseon appoints COO more

Musculoskeletal News Roundup 9-Aug-12 BY LAUREN UZDIENSKI, AUGUST 8, 2012

ATEC, TRNX announce earnings ... DePuy receives 510(k) for adolescent idiopathic scoliosis products ... ulrich medical launches golden gate Lateral Plate System ... WMGI subpoenaed over Profemur more

Musculoskeletal News Roundup 28-Jun-12 BY LAUREN UZDIENSKI, JUNE 28, 2012

Benvenue raises $25M ... ZMH launches TM Ardis Interbody System for the lumbar spine ... Cartiva completes enrollment for their MOTION trial ... Corin expands LARS distribution agreement ... IART debuts private label version of the aap Implantate stainless headed compression screw system more

Musculoskeletal News Roundup 14-Jun-12 BY LAUREN UZDIENSKI, JUNE 14, 2012

J&J/Synthes transaction closes ... ConforMIS raises $73M ... Mazor announces Korean regulatory approval for Renaissance ... FDA clears TransCorp's SpinePort Spinal Access System ... SANUWAVE announces preclinical osteoarthritis results ... Internal Fixation System launches GoDirect sales program ... Premier awards spine contracts more

Musculoskeletal News Roundup 31-May-12 BY LAUREN UZDIENSKI, MAY 31, 2012

Globus Medical files amended S-1 ... Medtronic receives CE mark for SHILLA scoliosis system ... Zimmer launches Sidus Stem-Free Shoulder and TM Ardis Interbody System ... House and Senate pass user fee legislation ... Orthofix's Phoenix MIS and Firebird Pedicle Screw Systems to be integrated with Brainlab navigation systems ... TransCorp Spine names President and CEO more

Musculoskeletal News Roundup 24-May-12 BY LAUREN UZDIENSKI, MAY 24, 2012

Medtronic reports earnings ... AxioMed closes Series D round ... Mazor launches C-OnSite ... BlueCross BlueShield of Tennessee announces bundled payments for hip and knee replacements ... Baxano completes enrollment on iO-Flex study ... Benvenue announces Board appointments more

Dental Roundup February 2011 BY LAUREN UZDIENSKI, MARCH 13, 2012

Dentsply, Nobel, Straumann announce earnings ... Align launches Invisalign Outcome Simulator ... Glidewell announces Inclusive portfolio launches ... Zimmer Dental launches Trabecular Metal Dental Implant ... Swedish study shows 92% dental implant survival rate at 18 years ... Nobel Biocare announces that Michel Orsinger will not assume role of Chairman more

Musculoskeletal News Roundup 1-Mar-12 BY LAUREN UZDIENSKI, MARCH 1, 2012

ATEC, ANIK, EXAC announce earnings ... MedShape receives $3M loan ... Globus Medical settles with FDA over NuBone ... FDA clears K2M's SANTORINI Corpectomy Cage ... Wright Medical launches CLAW II Polyaxial Compression Plating System ... TSON opens Raleigh training center more

Musculoskeletal News Roundup 23-Feb-12 BY LAUREN UZDIENSKI, FEBRUARY 23, 2012

ARTC, IART, MDT, NUVA, OFIX, SMA, TRNX, WMGI announce earnings ... Cerapedics raises debt ... Karolinska Development leads investment in Oss-Q ... FDA clears Ascendx Spine's Acu-Cut Vertebral Augmentation System ... Osseon receives CE mark for Osseoflex SB ... SBi names president and CEO more

Stryker's MacMillan Resigns as Chairman, President and CEO BY LAUREN UZDIENSKI, FEBRUARY 9, 2012

In a surprise announcement yesterday, Stryker Chairman, President and CEO Stephen MacMillan stated that he will resign his post for family reasons. Stepping in as interim CEO will be VP and CFO Curt Hartman, with William Parfet, currently Lead Independent Director, appointed Non-Executive Chairman. The company will consider both internal and external candidates in searching for a permanent CEO. more

Musculoskeletal News Roundup 26-Jan-12 BY LAUREN UZDIENSKI, JANUARY 26, 2012

DJO, JNJ, SYK, ZMH report 4Q sales ... FDA clears Interventional Spine's Opticage Expandable device ... Medtronic receives FDA clearance for newest Aquamantys device ... KFx Medical receives new patent ... Judge dismisses motions in MDT/NUVA case ... Pioneer Surgical announces grand opening of new N.C. manufacturing facility more

Musculoskeletal News Roundup 19-Jan-12 BY LAUREN UZDIENSKI, JANUARY 19, 2012

ZMH acquires Synvasive Technology ... Carticept, DiFusion announce funding rounds ... KFx announces ACL study results ... MedShape launches ExoShape Soft Tissue Fastener ... VG Innovations releases VerteLoc v2.5 ... Stryker settles OP-1 charges ... Zyga Technology appoints president and CEO more

Musculoskeletal News Roundup 12-Jan-12 BY LAUREN UZDIENSKI, JANUARY 12, 2012

MAKO, NUVA, OFIX, SYK, TRNX pre-announce ... FDA clears Biomet's E1 humeral bearing and Comprehensive Segmental Revision System ... Ortho Kinematics receives 510(k) clearance ... Lanx announces 100th implantation of Durango ... Mazor receives EU patent ... SNN announces VISIONAIRE study ... Arthrex to market ThermoGenesis PRP, bone marrow concentrate product ... Pioneer Surgical promotes Daniel Webber to CEO more

Musculoskeletal News Roundup 8-Dec-11 BY LAUREN UZDIENSKI, DECEMBER 7, 2011

Mazor reports earnings . . . HealthpointCapital acquires Blue Belt Technologies . . . DFINE receives regulatory clearance in Canada and Mexico . . . LDR approved to market ROC-C cervical cage, ROI-A ALIF cage in China . . . Ranier receives CE mark for Cadisc-C . . . DePuy launches Expedium Neuromuscular System . . . Exactech extends DPA . . . CA sobpoenas MDT over Infuse . . . IART opens China office . . . JNJ names Michel Orsinger worldwide chairman of its Global Orthopedics Group more

Musculoskeletal News Roundup 1-Dec-11 BY LAUREN UZDIENSKI, DECEMBER 1, 2011

IlluminOss raises $4M . . . Nextremity Solutions gets CE mark . . . ArthroSurface announces HemiCAP milestones . . . ARTC to settle class action securities suit . . . Zimmer to establish R&D center in Beijing more

Musculoskeletal News Roundup 20-Oct-11 BY LAUREN UZDIENSKI, OCTOBER 20, 2011

KNSY, JNJ, Medicrea, SYK, SYST announce 3Q . . . BMTI receives Australian approval for Augment . . . FDA clears Medtronic's Aquamantys3 System . . . K2M launches RAVINE Lateral Access System . . . Medicrea highlights six products at Eurospine . . . Globus to fund MIS spine outcomes registry . . . Zimmer to distribute Benvenue's Kiva . . . Lanx creates Surgeon Advisory Board more

Hawkins to Lead Immucor, Inc. BY LAUREN UZDIENSKI, OCTOBER 6, 2011

Former Medtronic CEO Bill Hawkins will be Immucor's new CEO, taking the reins from Joshua Levine, who is stepping down to spend more time with family. The appointment will be effective October 17, 2011. more

Musculoskeletal News Roundup 8-Sept-11 BY LAUREN UZDIENSKI, SEPTEMBER 8, 2011

MedShape Solutions receives SBIR grant . . . Ascendx Spine receives CE mark . . . Pioneer Surgical receives Canadian clearance for the Sternal Cable System . . . SNN launches new DYONICS PLATINUM Series Shaver Blades . . . SpineSource launches WAVE-O Expandable Lumbar Interbody Fusion Cage . . . Gary Henley appointed Executive Chairman of the Board at TransCorp Spine more

Joseph DeVivo Lands at AngioDynamics BY LAUREN UZDIENSKI, AUGUST 16, 2011

Effective September 7, Smith & Nephew's former President of Orthopedics, Joseph M. DeVivo, will assume the role of President and Chief Executive Officer at AngioDynamics. more

Chicago Surgeons Give Back BY LAUREN UZDIENSKI, AUGUST 8, 2011

Founded in 1995, Operation Walk is a not-for-profit organization founded in 1995 with the aim of bringing needed large joint surgeries to patients throughout the globe, primarily in the third world. Volunteer surgical teams have participated in trips to Cuba, China, Nepal, Philippines, Nicaragua, Peru, Guatemala, El Salvador, Panama and Ecuador. Now the Chicago Tribune is praising two surgeons striving to help Chicago-area patients lacking insurance or access to hip or knee replacements. more

Synthes' Michel Orsinger Set to Be Named Chairman at Nobel Biocare BY LAUREN UZDIENSKI, JULY 5, 2011

Nobel Biocare announced plans to appoint Michel Orsinger, President and CEO of Synthes, as Chairman of the Board. This announcement comes in advance of the March 2012 annual general meeting, when the Board is expected to formally elect Orsinger to the post. The press release notes that, "Due to his commitments at Synthes, Michel Orsinger will only become available as of early 2012." more

OFIX CEO Resigns; COO Named as Replacement BY LAUREN UZDIENSKI, JUNE 16, 2011

Orthofix announced this morning that President and CEO Alan Milinazzo will resign as of August 1, though he will remain on the Board of Directors. Succeeding him will be Robert S. Vaters, the company's COO. more

Musculoskeletal News Roundup 16-Jun-11 BY LAUREN UZDIENSKI, JUNE 16, 2011

Altor to acquire Orchid Orthopedic Solutions . . .Spinal Modulation closes $30M in funding . . . FDA approves DePuy's ceramic-on-metal hip . . . TSON announces 10,000th U.S. AxiaLIF implantation . . . Cayenne Medical partners with allograft supplier Parametrics more

Musculoskeletal News Roundup 2-Jun-11 BY LAUREN UZDIENSKI, JUNE 2, 2011

BioPoly receives CE mark for knee resurfacing system . . . ConforMIS receives CE mark for the iTotal CR . . . FDA clears Nimbic Systems' Air Barrier System . . Exactech launches the Proliant Polyaxial Pedicle Screw system . . . Zimmer showcases new products at EFORT more

Dental News Roundup May 2011 BY LAUREN UZDIENSKI, MAY 31, 2011

Astra Tech bids due next week . . . Nobel Biocare reportedly interested in Camlog . . . Align announces Cadent interoperability . . . NIH appoints director of the National Institute of Dental and Craniofacial Research . . . Straumann names CFO more

Medtronic Names New Chairman and CEO BY LAUREN UZDIENSKI, MAY 10, 2011

This morning Medtronic named Bill Hawkins' successor, appointing Omar Ishrak as the company's chairman and chief executive officer. more

Musculoskeletal News Roundup 17-Mar-11 BY LAUREN UZDIENSKI, MARCH 17, 2011

Biomedical Structures acquires Concordia Medical . . . Neue Magnetodyn IP to go up for auction . . . Wright Medical closes tender offer for convertible senior notes . . . K2M receives CE mark for RAVINE Lateral Access and ALEUTIAN Lateral Interbody Systems . . . Smith & Nephew files suit against former employees . . . OrthAlign comments on new clinical data . . . Misonix, Aesculap sign new distribution agreement . . . Shukla Medical licenses Kytogenics' biopolymer technology . . . Inion resumes operations . . . DePuy Spine appoints worldwide president more

Musculoskeletal News Roundup 10-Mar-11 BY LAUREN UZDIENSKI, MARCH 10, 2011

ANIK, BMTI, VITA report 4Q . . . Global Biotech to take minority position in BoneGrafix . . . ConforMIS to raise $1.8M . . . Medtronic launches ATLANTIS VISION ELITE cervical plate system . . . Wright Medical launches PRO-TOE VO . . . OFIX receives subpoena . . . Vertos announces mild clinical data . . . GenOsteo and SpineSmith to collaborate on stem cell scaffold . . . RegeneCure licenses synthetic membrane for use with stem cells . . . Bacterin now trading on NYSE Amex more

Ortho President David Floyd Resigning from DePuy BY LAUREN UZDIENSKI, MARCH 8, 2011

Bloomberg reported on Friday that David Floyd plans to step down from his role as worldwide president of DePuy Orthopaedics at the end of this month. Mr. Floyd, who has been in the role since 2007, intends to "pursue interests outside the company." more

Smith & Nephew's CEO to Retire in April BY SANDER DUNCAN, FEBRUARY 11, 2011

Smith & Nephew announced yesterday that David Illingworth, CEO, will retire from the company following their annual meeting on April 14th. Illingworth made the announcement during the company's annual earnings call, reporting a "strong finish to 2010." more

Care Fusion Announces New CEO BY JOHN MCCORMICK, FEBRUARY 2, 2011

Yesterday CareFusion announced that Kieran T. Gallahue will assume the role of Chairman and Chief Executive Officer succeeding David L. Schlotterbeck who announced plans to retire last year. CareFusion's core business is selling systems that dispense medication, drug- infusing systems... more

Musculoskeletal News Roundup 27-Jan-11 BY LAUREN UZDIENSKI, JANUARY 27, 2011

DJO, JNJ, SYK, ZMH report 4Q;10 . . . Arthrex acquires Cardo Medical's total joint assets . . . Flex Biomedical, OrthoSensor raise funding . . . LDR submits PMA for Mobi-C . . . Medtronic launches CD HORIZON SOLERA . . . Kuros releases one-year data from KUR-111 study . . . Gary Fischetti named group chairman for DePuy subsidiaries more

Medtronic Chairman and CEO Bill Hawkins to Retire BY LAUREN UZDIENSKI, DECEMBER 20, 2010

Medtronic announced this morning that Chairman and CEO Bill Hawkins would retire on April 29, 2011, the end of the company's fiscal year. No successor has been named, and the company said Mr. Hawkins would stay with Medtronic through the transition period. An external search has been initiated. more

Musculoskeletal News Roundup 16-Dec-10 BY LAUREN UZDIENSKI, DECEMBER 16, 2010

Theken Spine wins Ohio grant . . . Ellipse Technologies receives CE mark for the PRECICE limb lengthening device . . . Memometal Technologies launches MemoDerm Acellular Dermal Matrix and Smart Toe II Hammertoe Fixation System . . . Zimmer receives reimbursement premium from Japan for the Trabecular Metal Modular Cup . . . Stryker files patent infringement suit against Zimmer . . . Lanx appoints CEO more

Musculoskeletal News Roundup 16-Sept-10 BY LAUREN UZDIENSKI, SEPTEMBER 16, 2010

NUVA lowers guidance . . . HydroCision acquired by three VC firms; new President and CEO appointed . . . TiGenix closes seed financing round for new pharma spinoff . . . Creaspine, Ranier Technology receive CE mark clearances . . . Medtronic introduces Kyphon Cement Delivery System in Europe . . . SpineAlign Medical introduces European Observational Registry for the VerteLift System . . . Medtronic wins certain rulings in ongoing patent infringement suit brought by Synthes . . . Synthes sues Biomet, former sales rep more

Musculoskeletal News Roundup 2-Sept-10 BY LAUREN UZDIENSKI, SEPTEMBER 2, 2010

Sanofi-aventis makes bid for Genzyme . . . Orthofix obtains new credit facility . . . Mazor Surgical adds 3D imaging to SpineAssist . . . CDRH's 510(k) director to retire . . . Amedica, TiGenix announce new U.S. patents . . . U.S. News and World Report names top orthopedic hospitals more

Musculoskeletal News Roundup 26-Aug-10 BY LAUREN UZDIENSKI, AUGUST 26, 2010

Corin, Medtronic, TiGenix report . . . DePuy warned over TruMatch Personalized Solutions System and Corail Hip System . . . FDA clears Medyssey's Zenius Thoracolumbar Spinal System . . . Binder Biomedical launches NEWTON Intervertebral Body Spacer System . . . CareFusion launches AVAmax Vertebral Balloon . . . DePuy recalls ASR system . . . Benvenue Medical enrolls first patient in VCF study . . . MAKO Surgical appoints Director more

Dental News Roundup July 2010 BY LAUREN UZDIENSKI, JULY 30, 2010

Align, Biomet, Dentsply and Zimmer report dental sales . . . Astra Tech augments Atlantis patient-specific abutment line . . . Biomet 3i and Renishaw to collaborate on digital solutions . . . BIOLASE announces cost-cutting initiatives and organizational changes . . . DTI appoints Russell Olsen as Senior Vice President of Sales, Marketing and Service . . . Straumann's CFO steps down more

Ortho Gets a TED Talk BY JOHN MCCORMICK, JULY 26, 2010

Watching TED talks on iTunes - or an iPad for that matter - is the futurist's equivalent of a basketball fan's immersion into March Madness. TED, which stands for Technology, Entertainment, Design is a non-profit organization devoted to spreading forward-thinking... more

Musculoskeletal News Roundup 1-Jul-10 BY LAUREN UZDIENSKI, JULY 1, 2010

Biomet and RSB Spine announce revenues . . . Bacterin announces reverse merger, private placement . . . FDA begins review of BioMimetic's Augment . . . Cerapedics receives CE mark for iFactor bone graft . . . DFine signs distribution agreements for Italy and Morocco . . . Michael DeMane declines CEO, Chairman role at Lanx more

Dental News Roundup June 2010 BY LAUREN UZDIENSKI, JUNE 30, 2010

Biomet reports F4Q:10 earnings . . . Discus Dental acquires Zap Lasers . . . Euroteknika launches Universal + implant system in the U.K. . . . 20% of Britons are missing five teeth or more . . . 3M closing an Oklahoma plant used by its Espe dental products unit . . . Fibrocell Science appoints three new clinical advisors more

Musculoskeletal News Roundup 24-Jun-10 BY LAUREN UZDIENSKI, JUNE 24, 2010

Baxano closes $30M series C . . . SpineForm, Lanx, OrthoHelix receive $1M Ohio Third Frontier Commission awards . . . Aesculap launches S4 MIS Cannulated Pedicle Screw Spine Fusion System . . . Medtronic launches KYPHON ActivOs 10 Bone Cement with Hydroxyapatite . . . SNN granted injunction against Arthrex . . . Senate passes Medicare pay patch . . . Kensey Nash, Arthrex sign agreement over KNSY's ECM . . . Therapure, ProChon Biotech ink manufacturing deal . . . NuVasive leases NJ office space . . . BioTime creates new stem cell subsidiary more

Musculoskeletal News Roundup 17-Jun-10 BY LAUREN UZDIENSKI, JUNE 17, 2010

Orthopaedic Synergy closes acquisition of PRAXIM . . . Trauson reveals IPO details . . . HyperBranch Medical Technology receives CE mark for a spine sealant . . . TriMed and Stryker back in court over wrist fixation device . . . Bacterin signs deal with hospital purchasing group Broadlane . . . Inion files for bankruptcy . . . BONESUPPORT and TSON announce Board appointments more

Musculoskeletal News Roundup 10-June-10 BY LAUREN UZDIENSKI, JUNE 10, 2010

M&A The Quebec Superior Court authorized the sale of BioSyntech's assets to Piramal Healthcare. Piramal will acquire assets and assume certain BioSyntech liabilities for CAN $3.9 million ($3.7 million). The sale should close within 15 business days. Funding According to... more

Musculoskeletal News Roundup 3-Jun-10 BY LAUREN UZDIENSKI, JUNE 3, 2010

Mazor announces first German GO-LIF sales . . . OrthoDynamix launches the ArthroSteer Biter . . . Osprey Biomedical introduces the Eagle Cervical Allograft Series . . . DOJ settles with Idaho orthopedists . . . Stryker and Wright Medical settle knee infringement suit . . . Amedica awarded patent . . . AOFAS releases position paper on total ankle replacement . . . Pioneer Surgical announces NuBac data . . . RepRegen reports StronBone data . . . Medtronic to report physician payments greater than $5,000, and Steve La Neve steps down from spine & biologics more

Musculoskeletal News Roundup 27-May-10 BY LAUREN UZDIENSKI, MAY 27, 2010

Medtronic announces FQ4 . . . Exactech acquires Brighton Partners, supplier of Optetrak knee material . . . VentureMD closes funding round . . . KFx cleared to market AppianFx knee products . . . X-spine receives FDA clearance for Fixcet Spinal Facet Screw System . . . Applied Spine awarded patents . . . DFine, Vertos release clinical data . . . curasan collaborates with Matricel on bone graft substitute . . . SpineGuard appoints Alan Olsen Chairman of the Board more

Musculoskeletal News Roundup 20-May-10 BY LAUREN UZDIENSKI, MAY 20, 2010

ANIK, SYK resolve FDA warning letters . . . FDA clears Mesoblast Phase II study . . . DePuy Mitek to launch Bristow-Latarjet Instability Shoulder System . . . OrthoX developing new bone cement . . . DOJ recovers $20 million in allegedly fraudulent kyphoplasty billings . . . SpineGuard signs European distributor . . . B1 collaborating with Invibio more

Musculoskeletal News Roundup 29-Apr-10 BY LAUREN UZDIENSKI, APRIL 29, 2010

CNMD, EXAC, OFIX, RTIX, Synthes announce Q1 results . . . Facet Solutions, IMPLANET announce funding rounds . . . Aesculap launches DBM-D . . . Applied Spine Technologies, Facet Solutions release study data . . . Flexuspine cleared to start IDE . . . Federal judge dismisses liability claim against Stryker . . . Cayenne Medical appoints CFO more

Musculoskeletal News Roundup 22-Apr-10 BY LAUREN UZDIENSKI, APRIL 22, 2010

GENZ, DePuy, NUVA, VITA, SYK, ZMH report 1Q:10 . . . Internal Fixation Systems, Soft Tissue Regeneration announce funding rounds . . . Smith & Nephew wins 510(k) clearance for additional VERILAST claims . . . First commercial use of Interventional Spine's RENEW interspinous process device . . . NUVA files legal dispute against OFIX over Osteocel IP . . . LDR completes follow-up on two-level Mobi-C study more

Musculoskeletal News Roundup 15-Apr-10 BY LAUREN UZDIENSKI, APRIL 15, 2010

Biomet kicks off earnings seasons . . . ATEC preannounces . . . Articulinx, biospace med, Osseon close funding rounds . . . ConforMIS G2 Uni receives CE mark clearance . . . EXAC's Novation hip approved for sale in Japan . . . Stryker Interventional Spine launches iVAS for VCFs . . . Cayenne Medical announces clinical results for the AperFix System more

Dental News Roundup March 2010 BY LAUREN UZDIENSKI, MARCH 31, 2010

technician2_small.jpg FDA accepts PMA application from Ondine Biopharma Corporation, developers of the Periowave Photodisinfection System . . . Astra Tech launches OsseoSpeed TX implant line . . . Sirona introduces new 3D software for CEREC . . .Nobel Biocare provides clinical data on NobelActive, All-on-4 Solution and TiUnite . . . DTI, Nobel and Straumann strength management teams more

Musculoskeletal News Roundup 18-Mar-10 BY LAUREN UZDIENSKI, MARCH 18, 2010

doc_xray_small.jpgANIK, ATEC report 4Q:09 . . . ATEC shareholders approve Scient'x Acquisition . . . Non Linear Technologies, Spinal Restoration close funding rounds . . . CareFusion launches kyphoplasty balloon . . . Integra launches new products for spine . . . New vertebroplasty data released more

Musculoskeletal News Roundup 25-Feb-10 BY LAUREN UZDIENSKI, FEBRUARY 25, 2010

xray_small.jpgAlphatec Spine reported 4Q:09 revenues of $36.6 million, an increase of 29% from the $28.4 million reported in 4Q:08. U.S. revenues for the quarter were $28.3 million, an increase of 29% from the $22.0 million reported for 4Q:08. U.S. revenues for the quarter were $28.3 million, an increase of 29% from the $22.0 million reported for 4Q:08. Asian revenues were $6.6 million, an increase of 38% from the $4.8 million reported for 4Q:08. European revenues in 4Q:09 were $1.7 million. more

Orthopedics in China and the U.S.: An Interview with HealthpointCapital's Chinese Research Scholar BY JOHN MCCORMICK, FEBRUARY 8, 2010

Starting in October 2009, HealthpointCapital initiated a one-year Research Scholarship at the Hospital for Special Surgery (HSS) for a select oprthopedic surgeon from China. This month, we checked in with our Research Scholar, Dr. Xiaodong Ju, to see how he... more

Shuren Named Director of the CDRH BY LAUREN UZDIENSKI, JANUARY 25, 2010

Jeffrey Shuren, M.D. has been named director of the CDRH. He has served as acting director since Dan Schultz resigned in August of 2009, stating at the time that he aimed to review the 510(k) pathway, establish predictable regulatory pathways... more

Musculoskeletal News Roundup 21-Jan-10 BY LAUREN UZDIENSKI, JANUARY 21, 2010

Earnings MEDICREA reported 4Q:09 sales of EUR 3.9 million ($5.6 million) and 2009 sales of EUR 13.1 million ($18.8 million), representing a 45% increase over 2008. The company said their sales development in the U.S. has been "successful" and a... more

Musculoskeletal News Roundup 14-Jan-10 BY LAUREN UZDIENSKI, JANUARY 14, 2010

Earnings aap Implantate reported preliminary sales of EUR 7.4 million ($10.6 million) in 4Q:09, down 4% from the year-ago period. Full year sales were up 3% to EUR 33.0 million ($47.3 million). Company highlights for the year include "optimizing its... more

Musculoskeletal News Roundup 7-Jan-10 BY LAUREN UZDIENSKI, JANUARY 7, 2010

Earnings Biomet reported FQ2:10 (ended November 30, 2009) revenues of $696.0 million, up 5% over the year-ago period. Recon sales increased 6% to $528.4 million, with hip up 4%, knee up 8%, dental down 8% and extremity up 27%. Additionally,... more

Musculoskeletal News Roundup 19-Nov-09 BY LAUREN UZDIENSKI, NOVEMBER 19, 2009

Earnings ArthroCare restated its earnings from 2004 through 2Q:09. The company reported total revenue for 2008 of $314.2 million, up 12% over 2007. Relative to prior-year periods, 1Q:09 revenues increased 2% to $78.8 million; 2Q:09 revenues decreased 6% to $80.8... more

Musculoskeletal News Roundup 1-Oct-09 BY LAUREN UZDIENSKI, OCTOBER 1, 2009

Earnings MEDICREA reported revenues of EUR 6.1 million ($8.6 million) in 1H:09, representing a 32% increase over 1H:08, which the company attributed to growth in sales from direct subsidiaries, primarily in the United States. Net loss was EUR 1.5 million... more

Musculoskeletal News Roundup 3-Sept-09 BY LAUREN UZDIENSKI, SEPTEMBER 3, 2009

Regulatory Active Implants Corporation received a CE Class III Certificate for its TriboFit Hip System. The system is made from a low-wear polycarbonate-urethane material that the company says shares some of the characteristics of human cartilage. MEDICREA received 510(k) clearance... more

Musculoskeletal News Roundup 30-Jul-09 BY LAUREN UZDIENSKI, JULY 30, 2009

Earnings Exactech reported 2Q:09 revenues of $43.3 million, representing a 1% decrease from the year-ago period and beating estimates by $0.3 million. The company reported net income of $2.6 million, or $0.20 per share, representing a 14% decrease from 2Q:08... more

Muscloskeletal News Roundup 16-Jul-09 BY LAUREN UZDIENSKI, JULY 16, 2009

Earnings Biomet reported FQ4:09 sales of $639.3 million, representing a 7% increase over the year-ago period. Among segments, hip increased 9%; knee increased 11%; extremity increased 18%; dental decreased 13%; fixation increased 5%; and spine increase 18%. All growth rates... more

Musculoskeletal News Roundup 25-Jun-09 BY LAUREN UZDIENSKI, JUNE 25, 2009

Funding BioMimetic Therapeutics raised approximately $17.0 million in a rights offering that closed on Wednesday. The company offered 2,000,000 shares at $8.50 per share in May. The company plans to use the funds for general corporate purposes, including to product... more

Ray Elliott Finds a New Home BY JOHN MCCORMICK, JUNE 25, 2009

This morning cardio giant, Boston Scientific, Inc. announced that former Zimmer Chief Executive Ray Elliott will become their new President and Chief Executive Officer. Ray Elliott is famous in our industry for having led Zimmer 10 years first as President... more

Musculoskeletal News Roundup 21-May-09 BY LAUREN UZDIENSKI, MAY 21, 2009

Earnings Medtronic reported FQ4:09 revenue of $3.8 billion, representing a 5% increase (constant currency) over FQ4:08 and in line with estimates. Adjusted EPS for the quarter was $0.82, also in line with estimates. Spine and biologics revenue was $881.0 million,... more

Musculoskeletal News Roundup 29-Jan-09 BY LAUREN UZDIENSKI, JANUARY 29, 2009

Earnings Kensey Nash reported FQ2:09 revenues of $20.8 million, up 6% over the year-ago period and beating estimates by $0.4 million. Net income for the quarter was $5.2 million, or $0.44 per diluted share, beating estimates by $0.04 and representing... more

Musculoskeletal News Roundup 11-Dec-08 BY LAUREN UZDIENSKI, DECEMBER 12, 2008

Earnings Wright Medical reiterated 4Q:08 revenue and earnings guidance on a call this week and lowered 2009 guidance based on less favorable foreign exchange rates. The company is now calling for 2009 revenues in the range of $510 million to... more

Musculoskeletal News Roundup 30-Oct-08 BY LAUREN UZDIENSKI, OCTOBER 30, 2008

Earnings Exactech reported 3Q:08 revenues of $37.9 million, missing revenues by $0.9 million and representing an increase of 27% over the year-ago period. Among segments, knee revenue increased 16%; organic hip implant revenue increased 8%; biologic services revenue increased 12%;... more

Musculoskeletal News Roundup 4-Sept-08 BY LAUREN UZDIENSKI, SEPTEMBER 4, 2008

Earnings Inion reported 2Q:08 sales of EUR 1.8 million ($2.8 million), up 34% over 2Q:07. 1H:08 sales were EUR 2.59 ($4.1 million), a 12% increase over 1H:07. Operating loss for 1H:08 was EUR 4.85 million ($7.6 million), a 20% decrease... more

Musculoskeletal News Roundup 28-Aug-08 BY LAUREN UZDIENSKI, AUGUST 28, 2008

Earnings AOI Medical Inc. reported a 1H:08 loss of $3.5 million, widening from a loss of $1.8 million in 1H:07. The company added in the press release that they're conducting a new clinical study for their Ascendex tools for the... more

Musculoskeletal News Roundup 14-Aug-08 BY LAUREN UZDIENSKI, AUGUST 14, 2008

Earnings BioMimetic Therapeutics reported a 2Q:08 net loss of $9.2 million, or $0.50 per diluted share, widening from a net loss of $6.4 million, or $0.35 per diluted share, in 2Q:07. Clinical highlights for the quarter include the announcement of... more

Musculoskeletal News Roundup 7-Aug-08 BY LAUREN UZDIENSKI, AUGUST 7, 2008

Earnings Alphatec Spine, Inc. reported consolidated revenues for 2Q:08 of $23.9 million, an increase of 27% from the $18.8 million reported in 2Q:07. U.S. revenues for 2Q:08 were $19.4 million, an increase of 20% from the $16.2 million reported in... more

Musculoskeletal News Roundup 19-June-08 BY LAUREN UZDIENSKI, JUNE 19, 2008

Funding Exactech received a $40.0 million syndicated line of credit which will be used to fund future acquisitions and refinance debt, among other expenses. SunTrust Bank served as lead agent with participation by Compass Bank. M&A clickNsettle announced plans... more

Musculoskeletal News Roundup 22-May-08 BY LAUREN UZDIENSKI, MAY 22, 2008

Earnings Medtronic reported FQ4:08 revenue of $3.86 billion, representing an 18% increase over the year-ago period and beating estimates by $0.14 billion. Currency translation had a positive impact of $160.0 million. Adjusted net earnings for the quarter were $884.0 million,... more

Musculoskeletal News Roundup 15-May-08 BY LAUREN UZDIENSKI, MAY 15, 2008

Earnings aap Implantate AG announced 1Q:08 revenues of EUR 8.0 million ($12.64 million), up 36% over the year-ago period. The company attributed the growth to a 146% increase in sales in its Trauma & Orthopaedics division, which contributed EUR 3.7... more

Musculoskeletal News Roundup 1-May-08 BY LAUREN UZDIENSKI, MAY 1, 2008

Earnings Anika Therapeutics reported 1Q:08 total revenues of $8.55 million, an increase of 46% over the year-ago period, which the company attributed to strong domestic and international sales of ORTHOVISC. Revenues beat analysts' expectations by $0.2 million. Net income for... more

Musculoskeletal News Roundup 7-Feb-08 BY LAUREN UZDIENSKI, FEBRUARY 7, 2008

Earnings Smith & Nephew announced 4Q:07 revenues of $967.0 million, beating estimates of $933.0 million and reflecting a 25% (reported) increase over 4Q:06. Adjusted earnings per share was $0.16, in line in estimates and up 10% over the year-ago period.... more

Musculoskeletal News Roundup 17-Jan-07 BY LAUREN UZDIENSKI, JANUARY 17, 2008

Earnings Biomet reported earnings for 2FQ:08 last week, with net sales up 11% to $578.1 million over the comparable quarter. Worldwide, knee sales were up 17%, and hip was up 12%. Extremity sales increased 11% and bone cements and accessories... more

Musculoskeletal News Roundup 29-Nov-07 BY LAUREN UZDIENSKI, NOVEMBER 29, 2007

Regulatory Amedica received FDA clearance for their Valeo™ Pedicle Screw system, a low profile and modular pedicle screw system intended for non-cervical pedicle fixation from the T1 through L5. Corin announced FDA clearance for additional sizes of its Cormet hip... more

Musculoskeletal News Roundup 28-Sept-07 BY LAUREN UZDIENSKI, SEPTEMBER 28, 2007

Legal Federal prosecutors announced on Thursday the terms of a settlement with Zimmer, Depuy, Biomet, Smith & Nephew and Stryker following an investigation into physician compensation practices. Zimmer, Depuy, Biomet and Smith & Nephew entered into deferred prosecution agreements and... more

Musculoskeletal News Roundup 20-Sept-07 BY LAUREN UZDIENSKI, SEPTEMBER 18, 2007

Earnings AOI Medical reported a 1H:07 loss of $1.8 million, increasing from a loss of $0.97 million in the comparable half. The company attributed the loss to increased expenses. They expect their product, the Balloon Assisted Management of Spine Fractures,... more

Musculoskeletal News Roundup 2-August-07 BY LAUREN UZDIENSKI, AUGUST 2, 2007

Earnings Large Joint: Exactech announced 2Q:07 revenue of $31.6 million, beating estimates of $29.9 million and up 19% from the comparable quarter. CEO Bill Petty attributed the growth to "acceptance of our new products and continuing success of our products... more

Nobel CEO Heliane Canepa Steps Down BY DAVID KRESSEL, JULY 31, 2007

Nobel Biocare announced that CEO Heliane Canepa would leave the company, effective September 1. Her replacement will be Domenico Scala, CFO of Syngenta and a Director of Nobel. According to the company, this change is the result of a year-long... more

Musculoskeletal News Roundup 26-July-07 BY LAUREN UZDIENSKI, JULY 26, 2007

Earnings Stryker reported revenues of $1.46 billion, beating estimates of $1.44 billion and increasing 16% from $1.26 billion in 2Q:06. 2Q:07 earnings were $269.1 million, or $0.65 per share, beating estimates of $0.61 and up from $0.52 in the comparable... more

DJO to sell for $1.6 Billion BY JOHN MCCORMICK, JULY 16, 2007

This morning DJO Incorporated (formerly known as DJ Orthopedics), the largest bracing company in the land, announced that it has agreed to be sold for $1.6 billion to Austin, Texas-based ReAble Theraputics, Inc. (formerly known as Encore Medical). As opposed... more

Musculoskeletal News Roundup 12-July-07 BY LAUREN UZDIENSKI, JULY 12, 2007

M&A Biomet Inc. shareholders accepted an $11.4 billion buyout offer from a private equity consortium attempting to acquire the medical device maker. The consortium, LVB Acquisition LLC, announced Thursday that nearly 83 percent of Biomet's shares were tendered. The company... more

Orthopedic News Roundup 28-June-07 BY LAUREN UZDIENSKI, JUNE 28, 2007

Regulatory Life Spine announced 510(k) clearance for its static anterior cervical plating system Neo®-SL. The system features an integrated lock that allows bone screws to be securely fixated without any additional locking components. The FDA approved new labeling for Genzyme's... more

Orthopedic News Roundup 3-May-07 BY LAUREN UZDIENSKI, MAY 3, 2007

Earnings Spine Kyphon reported that worldwide revenues in 1Q:07 increased 40% to $128.1 million, which includes $18.1 million in X-STOP® Interspinous Process Decompression (IPD®) sales from the St. Francis acquisition. In the U.S., revenues increased 34% to $101.1 million, while... more

MicroDTI Announces Appointment of Edward Shellard as Chief Executive Officer BY EDITOR, APRIL 19, 2007

Vancouver, Canada, April 19, 2007 /PRNewswire/--MicroDTI announced the appointment of Edward Shellard as its Chief Executive Officer. Dr. Shellard is a well-respected dental industry executive and was most recently the President of Kerr. Ed had his own private practice in... more

Orthopedic News Roundup 5-Apr-07 BY LAUREN UZDIENSKI, APRIL 4, 2007

Earnings aap Implantate AG announced 2006 revenues of EUR 18.5 million, up 38% from the previous year. The aap Group attributed the growth to the Biomaterials segment, where sales increased by 64% to EUR 12.2 million. Biomaterials now generates two... more

Orthopedic News Roundup 1-Mar-07 BY LAUREN UZDIENSKI, MARCH 1, 2007

Earnings Biologics LifeCell reported 4Q:06 product revenues of $39.3 million, an increase of 45% over $27.0 million in 4Q:05, but missed analysts' estimates of $39.5 million. The growth was attributed to increased demand for the Company's AlloDerm® Regenerative Tissue Matrix.... more

Medtronic Names New CEO and COO BY ARIELLA P. GOLOMB, MD, FEBRUARY 28, 2007

Following Biomet's appointment of Jeffery Binder as CEO, Medtronic today announced their own succession plans for CEO and COO. In August, William A. Hawkins, III, will replace Arthur D. Collins, Jr. as president and CEO. Mr. Hawkins is currently Medtronic's... more

Biomet Hires New CEO BY DAVID KRESSEL, FEBRUARY 26, 2007

Biomet today announced that Jeffrey Binder has been hired as CEO. He will replace Daniel Hann, Biomet's former General Counsel and most recently its Interim CEO. Hann will stay with the company as EVP of Administration and a board member.... more

Orthopedics News Roundup 15-Feb-07 BY LAUREN UZDIENSKI, FEBRUARY 15, 2007

Earnings Tutogen announced results for first fiscal quarter ending December 31, 2006. Total revenues increased 43% to $11.5 million, compared to $8.0 million in the comparable quarter of fiscal year 2006. U.S. revenues increased 50%, and international revenues increased 27%... more

Merrill Lynch Analyst Joins Stryker BY DAVID KRESSEL, FEBRUARY 15, 2007

Stryker today announced the appointment of Katherine Owens as Vice President, Strategy and Investor Relations. Katherine Owens made a name for herself (formerly Katherine Martinelli) as Merrill Lynch's orthopedics analyst for the past 8 years. She has been a regular... more

Alphatec Strengthens Scientific Advisory Board with the Appointment of J. Patrick Johnson, M.D., M.S. BY EDITOR, FEBRUARY 9, 2007

CARLSBAD, Calif., Feb. 8 /PRNewswire-FirstCall/ -- Alphatec Holdings, Inc. (Nasdaq: ATEC), a medical device company that provides customized products and a broad suite of solutions for spinal surgery, announced today that it has named J. Patrick Johnson, M.D., M.S., to... more

Orthovita Announces Management Changes BY JOHN CHOPACK, FEBRUARY 8, 2007

Orthovita announced that Joe Paiva will be appointed as Chief Business Officer. Mr. Paiva has been with the Company since 1997 holding the title of Chief Financial Officer. As Chief Business Officer, Mr. Paiva will be responsible for strategic planning,... more

Ray Elliott To Retire From President and CEO Role at Zimmer BY ARIELLA P. GOLOMB, MD, NOVEMBER 20, 2006

Zimmer announced this morning that Ray Elliott is planning a 1H:07 retirement from his role as President and Chief Executive Officer. The Company also added that Mr. Elliott will remain as Chairman for at least one year from today. Elliott... more

Orthopedic News Roundup 2-Nov-06 BY HUYEN NGUYEN, NOVEMBER 3, 2006

Earnings Biologics: Orthovita reported 3Q:06 product sales came in at $11 million, up 32% compared to 3Q:05. Net loss for the quarter was $3.7 million, or a loss of $0.07 per share. The Company beat analysts' EPS estimates by $0.02,... more

Orthopedic News Roundup 12-Oct-06 BY HUYEN NGUYEN, OCTOBER 12, 2006

Earnings Update: CryoLife provided an update on its 3Q:06 projected revenues, which are estimated at ~$20 million, a 22% increase over the comparable quarter of 2005. In 3Q:06, its tissue processing revenues were ~$10.3 million, an increase of 41%, and... more

Elizabeth Varley Camp joins HealthpointCapital as Managing Director BY EDITOR, SEPTEMBER 26, 2006

NEW YORK, New York, September 26, 2006 /PRNewswire/ -- HealthpointCapital, LLC ("HealthpointCapital") announced today that Elizabeth Varley Camp has joined the firm as a Managing Director. Her role within the senior management team will include the identification of investments, the... more

Orthopedic News Roundup 21-Sept-06 BY HUYEN NGUYEN, SEPTEMBER 21, 2006

Earnings: Biomet reported its 1Q:07 earnings totaled $0.44 per share (excluding the adoption of the share-based payment) which was $0.01 more than what analysts were expecting. Revenues increased by 5% to $508 million (foreign currency had a $3 million favorable... more

Orthopedic News Roundup 14-Sept-06 BY HUYEN NGUYEN, SEPTEMBER 14, 2006

Appointment: Orthovita, Inc. has appointed Albert J. Pavucek, Jr. Vice President Corporate Controller. Mr. Pavucek was with PDI, Inc. serving as Vice President, Finance and Operations. Awards & Recognition: Smith & Nephew plc announced that two of its products, the... more

Orthopedic News Roundup 7-Sept-06 BY HUYEN NGUYEN, SEPTEMBER 7, 2006

Appointment: Ranier Technology Limited has appointed John C. Moran to its Board of Directors. Previously, Mr. Moran was a President of Synthes Spine and a Director of Spine Solutions, Inc. Active Implants Corporation (AIC) has hired Richard Treharne, PhD. as... more

McClellan to Leave CMS BY ARIELLA P. GOLOMB, MD, SEPTEMBER 5, 2006

In an email to his staff today, Mark B. McClellan, MD, PhD, Administrator of the Center for Medicare and Medicaid Services (CMS) since March 2004 announced that he will be leaving CMS by early October. Dr. McClellan did not announce... more

Orthopedic News Roundup 31-Aug-06 BY HUYEN NGUYEN, AUGUST 31, 2006

Appointment: SpineVision® SA has hired Julian Mackenzie as its new Chairman and CEO. Previously, Mr. Mackenzie was with Wright Medical serving as Director General and CFO. Business Update: Donor Referral Services of North Carolina is at the center of a... more

Orthopedic News Roundup 24-Aug-06 BY HUYEN NGUYEN, AUGUST 24, 2006

Appointment: IsoTis OrthoBiologics has hired Gene B. Reu as Vice President of Operations. Prior to joining IsoTis, Mr. Reu served as Vice President & General Manager of Coblation Technologies with Arthrocare, Inc. Business Update: ArthroCare Corp. announced it has received... more

Orthopedic News Roundup 17-Aug-06 BY HUYEN NGUYEN, AUGUST 17, 2006

Earnings: Biologics: Tutogen reported 3Q:06 sales of $10 million and a net loss of $1.1 million, or $0.07 per fully diluted share compared to the same quarter last year. The Company would have experienced breakeven results without ~$1.1 million in... more

Orthopedic News Roundup 10-Aug-06 BY HUYEN NGUYEN, AUGUST 10, 2006

Earnings: Biologics: Orthovita reported 2Q:06 product sales came in at $11.2 million, up 32% compared to 2Q:05. On a non-GAAP basis net loss for the quarter was $5.1 million, or a loss of $0.10 per share. The Company did not... more

Orthopedic News Roundup 12-Jul-06 BY HUYEN NGUYEN, JULY 12, 2006

Appointment: Biomet, Inc. appointed Charles E. Niemier as President of EBI's operations following the resignation of its former president, Bart J. Doedens, M.D. Mr. Niemier has been a member of the senior management team and Board of Directors for more... more

Orthopedic News Roundup 6-Jul-06 BY HUYEN NGUYEN, JULY 6, 2006

Appointments: Tutogen Medical appointed Dr. Karl Koschatzky to the position of Managing Director. Dr. Koschatzky will replace Manfred Kruger, who was Tutogen's President of International operations and Managing Director of the German subsidiary. IsoTis OrthoBiologics appointed James William (Jim) Poser,... more

Orthopedic News Roundup 29-Jun-06 BY HUYEN NGUYEN, JUNE 29, 2006

Appointment: Spine Wave announced that it has elected Ron Pickard to its Board of Directors. In addition to his role on the Board, Mr. Pickard will be actively involved in key projects including the development and commercialization of Spine Wave's... more

Orthopedic News Roundup 22-Jun-06 BY HUYEN NGUYEN, JUNE 22, 2006

Appointment: Smith & Nephew appointed Michael G. Frazzette as President of the Endoscopy division and a member of the Company's Group Executive Committee. Mr. Fazzette recently served as President & CEO of MicroGroup, Inc., a private, equity-owned contract manufacturer of... more

Who is Les Weinstein? BY LAUREN UZDIENSKI, JUNE 21, 2006

You may not know his name, but Les Weinstein plays a crucial role at the Center for Devices and Radiological Health (CDRH). Appointed in 2000 as the agency's first Ombudsman, he is an external voice of neutrality in disputes between... more

Who's Who of the Medical Device Lobby BY ARIELLA P. GOLOMB, MD, JUNE 14, 2006

The Hill, "The Newspaper for and about the U.S. Congress", posted on its website last week a list of 14 top medical device industry lobbyists. Leading this list is Stephen Ubl, who is seen as "a triple-A superweight." Newly appointed... more

Ariella P. Golomb, MD joins HealthpointCapital BY EDITOR, JUNE 2, 2006

Dr. Golomb's primary responsibility is the development of HealthpointCapital's research products, conferences and industry relationships. Prior to joining HealthpointCapital, Dr. Golomb was a Project Leader for the Health Care Practice of the Boston Consulting Group. more

Orthopedic News Roundup 1-Jun-06 BY HUYEN NGUYEN, JUNE 1, 2006

Appointment: A medical imaging company ONI Medical appointed Victor Ruiz to Vice President, of the Corporate Strategy and Marketing division. Mr. Ruiz's past experience include world-famous imaging companies: GE Medical Systems and Cardinal Health Inc. Clinical Update: LDR Spine announced... more

Orthopedic News Roundup 25-May-06 BY HUYEN NGUYEN, MAY 25, 2006

Appointment: IsoTis OrthoBiologics appointed Barbara Boyan to its Board of Directors. Ms. Boyan is a co-founder of OsteoBiologics, Inc. (OBI) and a professor in the Wallace H. Coulter Department of Biomedical Engineering at the Georgia Institute of Technology and at... more

Orthopedic News Roundup 4-May-06 BY HUYEN NGUYEN, MAY 4, 2006

Appointment: Scient'x USA appointed Tracy Brown as Vice President of Sales. Mr. Brown was formerly with Microtek Medical and Stryker Spine, both in the area of marketing and sales. Scient'x, SA is a HealthpointCapital portfolio company. Clinical Update: At the... more

Orthopedic News Roundup 27-Apr-06 BY HUYEN NGUYEN, APRIL 27, 2006

Appointment: Stryker Corp. appointed three officers to the company: Luciano Cattani, Vice President, Group President, International; Elizabeth A. Staub, Vice President of Regulatory Affairs and Quality Assurance, Stryker Corporation and Bronwen R. Taylor, Chief Compliance Officer, Stryker Corporation. Mr. Cattani... more

LifeCell Skyrockets BY JOHN MCCORMICK, APRIL 26, 2006

In the swarm of public earnings reports for the first quarter, we thought LifeCell's results were particularly newsworthy. Thanks to the Company's AlloDerm Regenerative Tissue Matrix which grew at an astounding 69% year-over-year ($25.3 million in 1Q:06 compared to $14.9... more

Turnover at the Top BY JOHN CHOPACK, APRIL 18, 2006

During the previous 2 years 10 new top executives have been appointed within the orthopedic sector. The changes have occurred at the largest companies including Stryker, DePuy and Biomet, as well as at some of the smallest including OrthoLogic and... more

Orthopedic News Roundup 6-Apr-06 BY HUYEN NGUYEN, APRIL 6, 2006

The announcement of Biomet hiring investment bank Morgan Stanley, sent its stock price up 11% in one day. With news of Dane Miller resigning and the Company hiring a banker, there were many speculations suggesting Biomet is for sale. However,... more

Impact of Direct-to-Consumer Advertising BY MATTHEW JAFFE, APRIL 6, 2006

Kevin Bozic, MD of UCSF presented the impact of Direct to Consumer Advertising (DTCA) in Orthopedics during the Health Policy Symposium at AAOS. Since the FDA issued a draft guidance for consumer directed advertisements in the late 90's, first pharmaceutical... more

A Surgeon's Look at Costs In Total Joint Arthroplasty BY LAING RIKKERS, MARCH 31, 2006

One of the most informative sessions at AAOS was a section of the Health Policy Update Symposium delivered by William L. Healy, M.D. of the Lahey Clinic. Healy gave real-life examples of the complicated and delicate balance of hospital economics,... more

Dane Miller to Retire BY JOHN MCCORMICK, MARCH 27, 2006

This morning, legendary orthopedic CEO, Dane A. Miller, Ph.D., Biomet's President and Chief Executive Officer and co-founder, announced his decision to retire. He will remain a Director and serve as a consultant. The Biomet Board has appointed Senior Vice President... more

Scientific Advisory Board AAOS Sessions BY JOHN CHOPACK, MARCH 16, 2006

In addition to the Top Sessions we chose, we have added AAOS presentations by our Scientific Advisory Board members. Please click on the link at the bottom to view the entire list. Wednesday, March 22 10:30 AM - 12:30 PM127Changing... more

Alan Milinazzo to Lead Orthofix BY JOHN MCCORMICK, FEBRUARY 16, 2006

Orthofix International, N.V. announced after the market close that Alan W. Milinazzo, the Company's Chief Operating Officer (COO), has been promoted to Group President and Chief Executive Officer (CEO) effective April 1. He will succeed Charles W. Federico, who will... more

New CEO at ONI Medical Systems BY DAVID KRESSEL, FEBRUARY 13, 2006

Privately held ONI Medical Systems announced that Peter Pellerito will join as President and CEO. Peter's background is in ultrasound imaging, first at ATL, and then at GE Healthcare. At GE Healthcare he was most recently the VP and General... more

Tutogen Names New CFO BY DAVID KRESSEL, FEBRUARY 7, 2006

Tutogen Medical, a leading player in the allograft market, has named Robert Johnston to the post of CFO. Johnston joins Tutogen from Power Medical Interventions, where he was also CFO. He has been at a number of healthcare products companies... more

Orthopedic News Roundup 8-Dec-05 BY HUYEN NGUYEN, DECEMBER 8, 2005

Due to last week's Merrill Lynch investor conference (subscription may be required), investors have regained confidence in the orthopedic sector after the industry faced some hurdles within the past few months. In our HealthpointCapital Weekly Valuation Index, P/E (price-to-earnings) jumped... more

Orthopedic News Roundup 1-Dec-05 BY HUYEN NGUYEN, DECEMBER 1, 2005

Appointment: OrthoSoft announced that Max Link has joined its Boards of Directors. With over 25 years of experience, Mr. Link is a very well-recognized individual in the medical device and pharmaceutical industry. He was CEO and Chairman of Centerpulse when... more

Osteotech's Difficult Road Ahead BY JOHN MCCORMICK, NOVEMBER 29, 2005

Last Wednesday, Osteotech announced that their beleaguered Chief Executive Richard Bauer will retire at the end of December - sooner than expected. While he will remain on the Osteotech board, Sam Owusu-Akyaw, the Company's current president and chief operating officer,... more

Orthopedic News Roundup 17-Nov-05 BY HUYEN NGUYEN, NOVEMBER 17, 2005

Regulatory Update: Osteobiologics received FDA clearance on its OsteoChondral Transplant (OCT) Comprehensive System Instruments. The system is intended for the treatment of osteochondral (cartilage) defects in the knee. BioSyntech received an approval from Health Canada, Therapeutic Products Directorate, Medical Devices... more

Insiders Buying Stryker's Shares (EDITORIAL) BY JOHN MCCORMICK, NOVEMBER 3, 2005

It has never been empirically proven that insider (e.g. management and director) buying of a company's stock guarantees that the stock poised to rise, but it has also never been proven to be a bad sign. That's stating the obvious.... more

An Interview with Dr. Edward Benzel BY JOHN MCCORMICK, OCTOBER 19, 2005

Last week, we had the good fortune of catching up with Dr. Edward Benzel, Chairman of the Cleveland Clinic Spine Institute. We spent a few minutes with him at this year's Congress of Neurological Surgeons in Boston. At The Cleveland... more

Orthopedic News Roundup 06-Oct-05 BY HUYEN NGUYEN, OCTOBER 6, 2005

While Medtronic was the big winner this week, Wright Medical ("WMGI") captured more headlines with two important news items that have negatively impacted their stock price. On Wednesday, WMGI's stock price suffered a huge loss with 20% decline intraday due... more

Alphatec Spine Appoints Stephen H. Hochschuler, M.D. as Chairman of its Scientific Advisory Board of Physicians BY EDITOR, SEPTEMBER 30, 2005

CARLSBAD, California, September 30, 2005 /PRNewswire/-- Alphatec Spine, Inc., ("Alphatec") today announced the appointment of noted orthopedic surgeon Stephen H. Hochschuler to its Scientific Advisory Board of Physicians. Dr. Hochschuler is one of America's leading spine experts, and his new... more

Orthopedic News Roundup 29-Sept-05 BY HUYEN NGUYEN, SEPTEMBER 29, 2005

It's all about spine this week. With NASS in full swing in Philadelphia, many companies eagerly issued press releases during the conference. Clinical: Cervical-Stim® is a post-operative cervical brace that generates a uniformed, low-level pulsed electromagnetic field (PEMF) at the... more

Orthopedic News Roundup 29-Sept-05 BY HUYEN NGUYEN, SEPTEMBER 29, 2005

It's all about spine this week. With NASS in full swing in Philadelphia, many companies eagerly issued press releases during the conference. Clinical: Cervical-Stim® is a post-operative cervical brace that generates a uniformed, low-level pulsed electromagnetic field (PEMF) at the... more

Alphatec Spine Adds Another Seasoned Executive to Management Team BY EDITOR, SEPTEMBER 28, 2005

Scott Wiese named Vice President of Business Development & Marketing CARLSBAD, California, September 28, 2005 /PRNewswire/-- Alphatec Spine, Inc., ("Alphatec") today appointed Scott Wiese as Vice President of Business Development and Marketing. The hiring underscored the firm's recently completed transition... more

HealthpointCapital Adds Another Spine Expert to Advisory Board BY EDITOR, SEPTEMBER 22, 2005

NEW YORK, New York, September 22, 2005 /PRNewswire/ -- HealthpointCapital, LLC today announced the election of William Blake Rodgers, spine surgeon, to its Scientific Advisory Board. The move underscored the private equity firm's growing stake in the spine sector of... more

NuVasive Adds Hansen Yuan to Board of Directors BY JOHN MCCORMICK, SEPTEMBER 14, 2005

This morning, NuVasive, Inc. announced that it has added Hansen A. Yuan, M.D. to the Company's Board of Directors. Dr. Yuan will serve on the Compensation Committee and the Nominating and Corporate Governance Committee. He replaces Arda M. Minocherhomjee, PhD,... more

Orthopedic News Roundup 9-Sept-05 BY HUYEN NGUYEN, SEPTEMBER 9, 2005

The FDA Orthopedic and Rehabilitation Devices Panel held a meeting September 8th and 9th to rule on two important issues: Smith & Nephew's hip resurfacing device and the design of clinical studies for spinal devices. You can find background information... more

Orthofix Hires Chief Operating Officer BY JOHN MCCORMICK, SEPTEMBER 6, 2005

This morning, Orthofix International N.V. (NASDAQ: OFIX) announced that Alan W. Milinazzo, 45, has joined the Company as its Chief Operating Officer (COO). Milinazzo joins Orthofix as an experienced hand in the medical device field with decades of experience, most... more

Orthopedic News Roundup 01-Sept-05 BY HUYEN NGUYEN, SEPTEMBER 1, 2005

This week, we decided to post the Orthopedic News Roundup for Thursday, instead of Friday due to the upcoming holiday. Clearly the biggest headline this week is the announcement of a take-over bid by Musculoskeletal Transplant Foundation ("MTF") for Osteotech... more

Osteotech: Hostile to Shareholders? BY JOHN MCCORMICK, AUGUST 30, 2005

As many of you now know, the venerable (and world's largest) non-profit tissue bank Musculoskeletal Transplant Foundation (MTF) announced on Monday that is had proposed to acquire all of the outstanding common stock of Osteotech, Inc. (Nasdaq: OSTE) for $6.25... more

Scient'x USA Strengthens Leadership Team With the Appointment of Timothy J. Seese as Chief Operating Officer BY EDITOR, AUGUST 26, 2005

MAITLAND, Fla., Aug. 25 /PRNewswire/ -- Scient'x USA announced today that Timothy J. Seese will join the company as Chief Operating Officer, beginning the first week of September. The appointment of Mr. Seese bolsters the company's executive management team, bringing... more

Orthopedic News Roundup 12-Aug-2005 BY HUYEN NGUYEN, AUGUST 12, 2005

This week we completed the orthopedic reporting calendar as a few more companies reported earnings, starting with Synthes, the number #1 trauma company worldwide. Synthes reported 20% growth in both top and bottom line for 1H:05. Consolidated sales reported at... more

Alphatec Manufacturing, Inc., a HealthpointCapital Company, Announces Appointment of Chief Financial Officer, Scott Palka & Chief Administrative Officer, Vicky Romanoski BY EDITOR, AUGUST 9, 2005

Alphatec Manufacturing, Inc. is one of the largest independent spinal implant companies in the world. NEW YORK and CARLSBAD, Calif., Aug. 9 /PRNewswire/ -- HealthpointCapital Partners, L.P. ("HealthpointCapital") and Alphatec Manufacturing Inc., ("Alphatec") announce the appointment of Scott Palka as... more

Orthopedic News Roundup 5-Aug-05 BY HUYEN NGUYEN, AUGUST 5, 2005

This week we finish off the first half of 2005 reporting season with 17 orthopedic companies* released their financial numbers. In 2Q:05, in an aggregated total, orthopedic revenues increased 16% ($3.8 billion vs. $3.2 billion) and a 25% increased in... more

Osteotech Promotes Treasurer to CFO BY JOHN MCCORMICK, AUGUST 1, 2005

DBM developer Osteotech Inc. which is famous for producing Grafton, announced on Friday that Chief Financial Officer, Michael J. Jeffries, was retiring. This morning, the Company announced that Mark H. Burroughs, VP of Finance, would succeed him. Burroughs has been... more

Orthopedic News Roundup 29-Jul-05 BY HUYEN NGUYEN, JULY 29, 2005

Earnings: Please refer to the table (below) for individual company sales and earnings. It's all about earnings this week... Biologics: Clearly, the big winner this week is LifeCell Corp. who reported strong earnings on Monday stock was up 24% at... more

Orthopedic News Roundup 22-Jul-05 BY HUYEN NGUYEN, JULY 22, 2005

Appointment: Tutogen Medical appointed Terry Hill, MD to Director of Quality Assurance and Quality Control. He has worked with various tissue banks prior to joining Tutogen. Clinical Update: At the 12th International Meeting on Advanced Spine Techniques (IMAST) Conference, Dr.... more

Mr. Theken buys Therics BY JOHN MCCORMICK, JULY 4, 2005

On Friday of last week, Tredegar Corporation announced that it sold the assets of Therics, Inc. to a new company controlled and managed by Randall R. Theken (not the actual Theken Spine company itself). The new stand-alone company will simply... more

IsoTis Appoints Jim Hart to Board BY JOHN MCCORMICK, JUNE 27, 2005

At a recent shareholders' meeting IsoTis OrthoBiologics announced that it appointed James (Jim) Hart to its Board of Directors. Jim is familiar to many of you as the former CEO of Opus Medical which was sold to ArthroCare for over... more

Senate Panel Approves Crawford as FDA Head BY JOHN MCCORMICK, JUNE 15, 2005

Lester Crawford's lengthy approval process to formally serve as FDA Commissioner took a great leap forward today when the Senate Committee on Health, Education, Labor and Pensions approved his nomination. To date, he has held the post of Acting Commissioner... more

No Hanky Panky at FDA: Crawford Confirmation Moves Forward BY JOHN MCCORMICK, JUNE 9, 2005

An inquiry requested by Wyoming Senator Mike Enzi, concluded yesterday clearing acting Food and Drug Administration Commissioner Lester Crawford of having an extramarital affair with an agency employee. The inquiry was conducted by the inspector general of the Department of... more

Medtronic and Michelson Finally Settle for $1.35 billion BY JOHN MCCORMICK, APRIL 25, 2005

The four year spine patent dispute between Dr. Gary Michelson and Medtronic, Inc. came to a mind-boggling conclusion on Friday when Medtronic announced that it would settle for a cool $1.35 billion - the largest one-time intellectual property award in... more

Notes on the New FDA Oversight Board and Pending Lester Crawford Nomination BY JOHN MCCORMICK, FEBRUARY 14, 2005

This morning, newly sworn in House and Human Service Secretary Mike Leavitt announced the creation of a new independent Drug Safety Oversight Board to monitor FDA-approved medicines once they are on the market. The Board will continually update physicians and... more

The John Brown Era Comes to an End at Stryker BY ROBIN R. YOUNG CFA, DECEMBER 13, 2004

He doesn't look old enough to retire. And when he started, he didn't look old enough to be CEO. Yet 27 years after becoming Stryker's CEO, John Brown is letting go and stepping down. The man walking in the door... more

DJO Reshuffles Board Committees; Adds new Director BY JOHN MCCORMICK, SEPTEMBER 20, 2004

dj Orthopedics, Inc. (NYSE:DJO), announced on Friday the appointment of W. Thomas Mitchell to its Board of Directors. Mr. Mitchell will serve as an independent director of the board and will serve on the audit committee, replacing Kirby Cramer, who... more

Management Change at Raymedica BY ROBIN R. YOUNG CFA, AUGUST 23, 2004

Tony Phillips, the long time CEO of Raymedica has left the firm to pursue other interests. Members of Raymedica's board, specifically Kent Archibald, are now running the company. John Viscogliosi, another board member and member of the Viscogliosi Brothers investment... more

Laurence Fairey Gets Back in the Game. BY ROBIN R. YOUNG CFA, JUNE 21, 2004

Jumping back into the fray after 4 years of semi-retirement, former Sofamor Danek and Richards senior executive, Laurence Fairey has agreed to become President and Chief Operating Officer of Wright Medical today. Laurence Fairey is one of the best regarded... more

ReGen Biologics Adds New Board Member BY JOHN MCCORMICK, JUNE 14, 2004

On Thursday, ReGen Biologics named William R. Timken, a founding partner of Hambrecht & Quist, to its Board of Directors. This is not necessarily a new relationship since Timken has been an investor and advisor to the Company for over... more

John Kerry: Presidential Candidate and Sports Medicine Patient BY JOHN MCCORMICK, APRIL 5, 2004

Presidential contender John Kerry is probably wishing he had a war story to tell about his torn subscapularis tendon, but alas, a mundane fall on a stopping bus is all he had to report. What is not widely discussed is... more

Orthofix Change of Command BY EDITOR, MARCH 29, 2004

Orthofix International N.V. (NASDAQ NM:OFIX) announced a shift in its Board structure on Friday where Jim Gero, a member of the OFIX Board of Directors since 1997, will become its new Chairman of the Board. He will replace Robert Gaines-Cooper... more

CryoLife shores up its board with CFOs BY EDITOR, DECEMBER 15, 2003

Any volunteers for the audit committee? With roughly three quarters of cash left (assuming the current cash burn rate doesn't subside) and sizeable bank and litigation payments looming, management has decided to put a couple of savvy CFOs on its... more

After Checking Out the Payday for Centerpulse's Managers all we can say is... Make Sure Ray Elliott is on the Christmas Card List BY EDITOR, AUGUST 25, 2003

Max Link, Centerpulse’s CEO, could get severance pay of nearly five million Swiss francs ($3.53 million) if he leaves the firm within a year of Zimmer's takeover. (Centerpulse, by the way, has declared that its recommendation to shareholders to vote... more

It's going to be a great Quarter, Year and Decade BY EDITOR, JULY 14, 2003

Despite being asked by the Merrill analyst to comment on the prospects for the Next Gen product (manufactured by Zimmer... oops, she meant Next Generation), Biomet's CEO, Dane Miller, was his usual wry self as he announced that overall sales... more

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