(January 2016 Medical Device Business )- Economic pressures on the health system have been mounting for years, pushed by demographics, shrinking reimbursements, increasingly expensive therapies, and, ultimately, payer consolidation and reforms. Hospitals are the fulcrum and the pinch point for these pressures. Medtech companies no longer can afford to focus on clinical benefits without seeking other avenues […]
2016
Globus Medical Announces Litigation Settlement Agreement
AUDUBON, Pa., Jan. 19, 2016 (GLOBE NEWSWIRE) — Globus Medical, Inc. (NYSE:GMED), a leading musculoskeletal implant manufacturer, today announced DePuy Synthes Products, Inc., DePuy Synthes Sales, Inc. and Globus Medical, Inc. have settled four patent infringement lawsuits concerning spinal implant technologies. The terms of the settlement have not been disclosed but were to the parties’ […]
Spine Surgery: A Tale of Greed and Corruption
All too often, where there’s substantial money to be made, greed and corruption inevitably follow. Such appears to be the case in the world of spine surgery, with the Department of Justice recently releasing the latest details regarding “Operation Spinal Cap,” an ongoing federal investigation into an alleged series of kickback schemes that generated an estimated […]
Thank you very much to NORM as PLATINUM Sponsor 2016 to SPINEMarketNews
Thank you very much to NORM for their PLATINUM sponsorship 2016 to SPINEMarketNews.com. NORM Tıbbi Ürünler İth. İhr. San. Ve Tic. Ltd. Şti. has been established by Adem UYANIK in 2006 where headquaters are located in Ankara with a branch located in Istanbul. Adem UYANIK, who has undertaken activities in medical sector in 1990 established MEDIKON […]
Thank you very much to iSpine as GOLD Sponsor 2016 to SPINEMarketNews
iSpine is a South African company that was formed to meet the needs of Neuro and Spinal surgeons the world over.The company and its expert partners, designs, develops and manufactures spinal instruments and implants to globally accepted standards.http://www.ispine.co.za
NuVasive takes over Ellipse Technologies for $410M
NuVasive (NASDAQ:NUVA) acquires privately held Ellipse Technologies for $380M cash upfront and a potential $30M milestone payable in 2017 related to specific revenue targets. NUVA expects the transaction to accelerate its top line growth in the high-single-digit range and be slightly accretive to its non-GAAP EPS in the first year and significantly accretive thereafter.Ellipse develops […]