April 16, 2014 by Zoll, Kranz & Borgess LLC–-On Friday April 11, the law firm of Zoll, Kranz & Borgess, LLC filed a lawsuit behalf of a group of fourteen plaintiffs against Howmedica Osteonics Corp. (which does business as Stryker Spine) alleging Howmedica’s trial device called called CerviCore injured them.According to the Complaint filed in […]
2014
Fourteen Plaintiffs File Suit Against Stryker / Howmedica over Cervicore Implant
April 16, 2014 by Zoll, Kranz & Borgess LLC–-On Friday April 11, the law firm of Zoll, Kranz & Borgess, LLC filed a lawsuit behalf of a group of fourteen plaintiffs against Howmedica Osteonics Corp. (which does business as Stryker Spine) alleging Howmedica’s trial device called called CerviCore injured them.According to the Complaint filed in […]
Stryker Corp. completes acquisition of surgical room equipment maker Berchtold Holding AG
KALAMAZOO, MI — April 15, 2014–Stryker Corp. announced Tuesday that it has completed its acquisition of German surgical room equipment maker Berchtold Holding AG.Stryker announced in February that it had a definitive agreement to buy Berchtold for $172 million.Berchtold is a 90-year-old healthcare equipment company that makes surgical tables, equipment booms and surgical lighting systems […]
ulrich medical USA® Releases New Spinal Implant for U.S. Market: tezo® Titanium Interbody Devices
ST. LOUIS, April 15, 2014 /PRNewswire/ — ulrich medicalUSA, Inc., today announced the U.S. market release of the tezo® spine implants for multiple surgical approaches to lumbosacral interbody fusion.”We are experiencing a segmental market shift in the degenerative spine sector: A growing number of U.S. surgeons are switching back to interbody devices that are made […]
Medicrea Announces European Launch of UNiD, the World’s First Patient-Specific Spinal Rod
LYON, France–(BUSINESS WIRE)–April 14, 2014– The MEDICREA group (Paris:ALMED) (Alternext Paris: FR0004178572-ALMED), a company that specializes in the development of innovative surgical technologies for the treatment of spinal pathologies, today announced the European launch of the UNiD, the world’s first patient-specific spinal osteosynthesis rod system.Spinal surgeons in France have successfully implanted the customized UNiD rods […]
Medacta Highlights Knee, Hip, and Spine Surgery Best Practices at 7th International Symposium
LUGANO, Switzerland–(BUSINESS WIRE)–Medacta International, a privately held, family-owned global leader in the design of innovative joint replacement and spine surgery products, announced last 11th of April the opening of its 7th Medacta Orthopedic Research and Education (M.O.R.E.) International Symposium, which takes place this weekend near the company’s worldwide headquarters in Lugano, Switzerland. During the two-day […]
New Spinal Implant Allows Paralyzed Patients To Move Again
NEW YORK (Reuters) – Four men who had each been paralyzed from the chest down for more than two years and been told their situation was hopeless regained the ability to voluntarily move their legs and feet – though not to walk – after an electrical device was implanted in their spines, researchers reported on […]
New Spinal Implant Allows Paralyzed Patients To Move Again
NEW YORK (Reuters) – Four men who had each been paralyzed from the chest down for more than two years and been told their situation was hopeless regained the ability to voluntarily move their legs and feet – though not to walk – after an electrical device was implanted in their spines, researchers reported on […]
Medical device firm Baxano receives FDA clearance on surgical screw
Apr 10, 2014 (J. deBruyn-Triangle Business Journal)–Raleigh medical device company BaxanoSurgical, Inc. received clearance for its Avance MIS Pedicle Screw System, meaning it may now work towards a commercial launch of the product. Receiving clearance from the U.S. Food and Drug Administration is sort of the regulatory finish line for medical device companies like Baxano (Nasdaq:BAXS). […]
Medtronic takes majority interest in Biostar, a med-tech distributor in Turkey
April 7, 2014 -(Star Tribune.S.Alexander)–Medtronic Inc. said Monday that it has acquired a majority interest in Biostar, a joint venture that will distribute the medical device giant’s products in Turkey. Terms of the deal weren’t disclosed. Biostar is a joint venture between Fridley-based Medtronic and Medicall Biomedikal AS, based in Istanbul. Medicall has distributed Medtronic […]
Zimmer Launches the Optio-C(TM) Anterior Cervical System,
MINNEAPOLIS, April 7, 2014 /PRNewswire/ — Zimmer Spine, Inc., a global leader in spine innovation, today announced the U.S. market launch of the Optio–C Anterior Cervical System, a next generation, modular stand-alone cervical device that offers the strength, stability and fusion potential of a traditional ACDF. The Optio-C System is being launched at the American […]
New ANSPACH® High Speed Drill System Debuts At AANS Annual Scientific Meeting
SAN FRANCISCO – APRIL 7, 2014 — DePuy Synthes Power Tools* announced today the global launch of the Anspach® EG1™ High Speed Electric System, a next generation high-speed electric drill with multiple attachments and accessories, designed for use in neurosurgery, otology and spinal procedures. The announcement was made here at the 2014 AANS Annual Scientific […]
New ANSPACH® High Speed Drill System Debuts At AANS Annual Scientific Meeting
SAN FRANCISCO – APRIL 7, 2014 — DePuy Synthes Power Tools* announced today the global launch of the Anspach® EG1™ High Speed Electric System, a next generation high-speed electric drill with multiple attachments and accessories, designed for use in neurosurgery, otology and spinal procedures. The announcement was made here at the 2014 AANS Annual Scientific […]
GS Medical USA Announces the Company is on Pace to Achieve its Eighth Consecutive Year of Market Share Growth in the Spine Market
San Francisco – April 7, 2014 – GS Medical USA, LLC, a global manufacturer and supplier of spinal implants, instrumentation, and developer of innovative surgical solutions, today announced a record 12 percent quarterly sales revenue increase for Q1, 2014, compared to Q1 2013, and strategic initiatives to be introduced under the new management team established […]
Federal Jury Awards $30 Million To Nerve Surveillance Device Manufacturer In Dispute Against NuVasive, Inc. (NUVA)
Los Angeles, April 3, 2014 – A federal jury awarded $30 million yesterday in a trademark infringement case brought by Neurovision Medical Products against NuVasive.The plaintiff Neurovision Medical is a surgical device company based in Ventura, California. The Company was incorporated in 1985 by Dr. J. Lee Rea, a physician and electrical engineer, who was […]
LDR Holding Corp. sets public offering, expects to raise $25M
April 2014, (Austin Business Journal-C Calnan)–LDR Holding Corp. is planning to raise $25 million in a secondary public offering of its common stock.The Austin-based medical device maker expects to sell 3.8 million shares of common stock in the offering, which includes an option for the underwriters to purchase additional shares to cover over-allotments, according to a […]
Amedica to Present at the 13th Annual Needham Healthcare Conference
SALT LAKE CITY, April 4, 2014 (GLOBE NEWSWIRE) — Amedica (Nasdaq:AMDA) announced today that it has been invited to present at the 13th Annual Needham Healthcare Conference, being held at the Westin Grand Central Hotel on April 8th and 9th in New York City.Amedica’s CEO and President, Eric Olson, is scheduled to present at 8:40am […]
NuVasive, Inc. (NUVA) Receives Unfavorable Verdict in Trade Name Case
On April 3, 2014, an unfavorable jury verdict was delivered against NuVasive, Inc. (Nasdaq: NUVA) relating to NuVasive’s use of the trade name “NeuroVision” in the amount of $30.0 million. NuVasive strongly disagrees with the verdict and intends to vigorously defend its right to use the “NeuroVision” trademark. The Company intends to file post-trial motions […]
Aurora Spine to Present at Needham Healthcare Conference
CARLSBAD, CALIFORNIA, Apr 03, 2014 (Marketwired via COMTEX) — Aurora Spine Corporation CA:ASG +0.42%announced today that it will be participating at the 13th Annual Needham Healthcare Conference on April 8th and 9th in New York City.Aurora Spine is scheduled to present together with approximately 120 companies in the biotechnology, specialty pharmaceutical, medical technology and diagnostic […]
Biomet Announces Third Quarter of Fiscal 2014 Financial Results
WARSAW, Ind.–(BUSINESS WIRE)–Biomet, Inc. announced today financial results for its third quarter ended February 28, 2014.Consolidated net sales increased 6.6% (7.5% constant currency) worldwide to approximately $823 million.Knee sales grew 8.4% (9.4% constant currency) worldwide, with U.S. growth of 7.7% S.E.T. sales increased 4.7% (5.8% constant currency) worldwide and grew 10.0% in the U.S. Consolidated net […]
MEDICREA: Excellent 2013 Results — Significant Annual Profit — EBITDA +97.6%
LYON, France–(BUSINESS WIRE)–April 02, 2014– The MEDICREA group (Paris:ALMED) (FR0004178572-ALMED), which specializes in the development of innovative surgical technologies for the treatment of spinal pathologies, is listed on Alternext-Euronext Paris and is eligible for PEA-PME SME equity savings plans, announces its audited 2013 annual results (IFRS), approved by the Board meeting of March 27(th) . […]
Mazor Robotics to Launch and Demo New Renaissance(R) Brain Module
ORLANDO, Fla.–(BUSINESS WIRE)–April 02, 2014– On April 7, 2014, Mazor Robotics (TASE:MZOR; NASDAQ GM:MZOR) will debut and officially launch the new Renaissance Guidance System brain module at the American Association of Neurological Surgeons (AANS) annual meeting. The Renaissance system is FDA-cleared for both spine and brain surgery.The Renaissance brain module utilizes a small, frameless platform […]
VertiFlex®, Inc. Announces Submission of Final PMA Module to the FDA, for the Superion® Interspinous Spacer System
SAN CLEMENTE, Calif.–(BUSINESS WIRE)–VertiFlex®, Inc., a leading innovator of advanced minimally invasive spinal surgery technologies, announces submission of the final module of the pre-market approval (PMA) application to the U.S. Food and Drug Administration (FDA) to support approval for the Superion® Interspinous Spacer System. The final module covers the clinical results from the Superion IDE […]
Ortho Kinematics Announces Addition to SAB
AUSTIN, Texas – April 2, 2014 — Ortho Kinematics‚ Inc. (OKI), a privately held healthcare diagnostic company focused on spine imaging informatics, announced today the addition of Jason Dees, D.O., FAAFP President and CEO of Magnolia Health to OKI’s Medical and Scientific Advisory Board. Dr. Dees is the President and Chief Executive Officer of Magnolia […]
Providence Medical Technology Closes Series C Financing
LAFAYETTE, Calif.–(BUSINESS WIRE)–Providence Medical Technology, Inc. today announced that it has closed a $6.8 million Series C round of financing. Stanmore Medical Investments led the round through its MedVest Fund One, and was joined by Aphelion Capital and RCT Ventures.In conjunction with the financing, David Cash of Stanmore and Ned Scheetz of Aphelion have joined […]
Zimmer Launches comprehensive line of Puros® Demineralized Bone Matrix (DBM) with Reverse Phase Medium (RPM) and Puros DBM Block and Strip Allografts
MINNEAPOLIS, March 31, 2014 /PRNewswire/ — Zimmer Spine, Inc., a global leader in spine innovation, today announced the U.S. market launch of a comprehensive family of Puros Demineralized Bone Matrix (DBM) with Reverse Phase Medium (RPM) Putty, Putty with Chips, Gel and Paste, and Puros DBM Block and Strip products – bone graft substitutes used […]
Aurora Spine to Participate at Britspine 2014
Carlsbad, California — (Marketwired) — 03/26/14 — Aurora Spine Corporation (TSX VENTURE:ASG) announced today that it will be participating at BritSpine 2014 April 1 – 4 at the Warwick Arts Centre, The University of Warwick in Coventry, United Kingdom.This year’s conference is a fully residential conference located on a University Campus. Aurora Spine will be […]