The $43 billion Medtronic (MDT) and Covidien (COV) deal announced on June 15th raised a lot of hoopla from investors. Both companies have exceeded earnings estimates in Q1 2014 and the combined company is expected to become the global market leader in the cardiovascular and vascular markets with $27 billion in combined revenues.Read More»
2014
SpineFrontier Inc., Announces John Miller as VP of Sales
Beverly, MA (PRWEB) August 07, 2014–SpineFrontier, a medical device company focused on Less Exposure Surgery (LES), is pleased to announce the appointment of John Miller as Vice President of Sales. His addition to the team will advance SpineFrontier’s mission to deliver superior service, techniques, and technologies to spine surgeons around the world. “John’s intense surgeon […]
Chinese Imitations vs Medtronic and DePuy Synthes: Rapid Growth Expected in the Chinese Spinal Implant Market
August 7, 2014 – (PRWEB) Vancouver, BC – According to spinal implant market data released by iData Research(http://www.idataresearch.com), the open surgeryspinal implant market in China is projected to be worth over $1 billion by 2019. While DePuy Synthes and Medtronic compete for this market’s top position, domestic competitors collectively threaten both companies by driving down […]
Chinese Imitations vs Medtronic and DePuy Synthes: Rapid Growth Expected in the Chinese Spinal Implant Market
August 7, 2014 – (PRWEB) Vancouver, BC – According to spinal implant market data released by iData Research(http://www.idataresearch.com), the open surgeryspinal implant market in China is projected to be worth over $1 billion by 2019. While DePuy Synthes and Medtronic compete for this market’s top position, domestic competitors collectively threaten both companies by driving down […]
LDR Holding Corporation Reports Second Quarter 2014 Results
AUSTIN, Texas, Aug. 6, 2014 (GLOBE NEWSWIRE) — LDR Holding Corporation (Nasdaq:LDRH), a global medical device company focused on designing and commercializing novel and proprietary surgical technologies for the treatment of patients suffering from spine disorders, today reported its financial results for the second quarter of 2014. Read more »
Orthofix Announces Delay of Form 10-Q Filing and Provides Preliminary Second Quarter 2014 Net Sales Results
LEWISVILLE, Texas–(BUSINESS WIRE)– Orthofix International N.V. (NASDAQ: OFIX) today announced that it is delaying the release of its financial results for the fiscal quarter ended June 30, 2014. The Company requires additional time to evaluate certain items primarily related to entries contained in the previous restatement of its prior periods’ financial results.President and Chief Executive […]
Apollo Implants LLC Announces New Technology Ushering In A New Paradigm In The Treatment of Spinal Disc Disorders
CANTON, OHIO, August 4, 2014. Millions of people in the USA are affected by back pain. In fact, very few people have not been touched by a family member or a friend who is dealing with some form of back pain. Over 400,000 people this year will be faced with a critical decision on how […]
Minimus Spine Secures ISO 13485 Certification and CE Mark for TrioJectionTM System
Minimus Spine, Inc. (www.minimusspine.com) announces that the company has successfully secured ISO 13485 certification of its Quality Management System and also the EC Certificate for its TrioJectionTM System for delivering ozone to a herniated spinal disc. TrioJectionTM offers a sterileand accurate means of delivering ozone. Minimus Spine’s Notified Body is British Standards Institute. “These are […]
Alphatec Holdings Announces Second Quarter 2014 Revenue and Financial Results
CARLSBAD, Calif., July 31, 2014 (GLOBE NEWSWIRE) — Alphatec Holdings, Inc. (Nasdaq:ATEC), the parent company of Alphatec Spine, Inc., a global provider of spinal fusion technologies, announced today financial results for the second quarter ended June 30, 2014. Read more »
MEDICREA’s K-JAWS® Obtains FDA Approval for Its Marketing in the United States
LYON, France–(BUSINESS WIRE)–The MEDICREA Group: (Paris:ALMED) (FR0004178572-ALMED), which specializes in the development of innovative surgical technologies for the treatment of spinal pathologies and is listed on Alternext – Paris, announces that the FDA has approved the K-JAWS® Cervical Compression Staple for all cervical fixation indications carried out with interbody cages. MEDICREA has just obtained FDA […]
NuVasive Running On Renewed MIS Vigor
Minimally invasive surgical approaches are not only here to stay in spinal care, they are likely to continue growing as a percentage of overall cases. That’s great news for NuVasive (NASDAQ:NUVA), as is progress toward the sort of operating margins that would normally be expected of a quality med-tech company. While a failure toRead more […]
Aurora Spine Announces First Surgery Using Zip Graft™ Bone Dowel
CARLSBAD, CALIFORNIA–(Marketwired – July, 2014) – Aurora Spine Corporation (TSX VENTURE:ASG) announced the first U.S. surgery using the ZIP Graft ™ pre-packaged sterile bone dowel. The surgery was performed at Madison County Hospital in London, Ohio by Dr. Won Song.The Aurora Zip Graft is a bone dowel designed specifically to fit into the ZIP™ MIS […]
Medtronic Completes Acquisition of Visualase, Inc.
MINNEAPOLIS – July 28, 2014 – Medtronic, Inc. MDT -0.08% today announced that it has completed the acquisition of Visualase, Inc., a privately held company based in Houston, TX, that develops and markets an FDA-approved MRI-guided laser and image guided system for minimally invasive neurosurgeries, including surgical thermal ablation. Medtronic will add Visualase’s MRI-guided laser […]
Medtronic Receives FDA Approval for PRESTIGE(R) LP Cervical Disc System
MEMPHIS, TENN. – July 28, 2014 – Medtronic, Inc. MDT -0.22% announces that it has received approval from the U.S. Food and Drug Administration (FDA) to market the PRESTIGE(R) LP Cervical Disc System for the treatment of single-level cervical disc disease (radiculopathy and/or myelopathy).The PRESTIGE(R) LP Cervical Disc is the third clinically proven artificial cervical […]
Buoyant growth in revenue in 1H 2014: +21% to €4.0 million
Bordeaux & Boston, 28 July, 2014 – IMPLANET (Paris:IMPL) (Euronext: IMPL, FR0010458729, PEA-PME eligible), a medical technology company specializing in vertebral and knee-surgery implants, today announced its revenue for the second quarter and first half of 2014. Ludovic Lastennet, CEO of Implanet, states: “The revenue recorded over the first half of the year reflects Implanet’s […]
No Settlement in Stryker, Biomet Lawsuit
No settlement will be allowed in a case of poaching that orthopedics rivals Biomet and Stryker are battling. A federal judge in Michigan shot down the settlement agreement on Tuesday, according to MassDevice.com.“Over the past 2 weeks, Stryker uncovered an ill-conceived and long-planned scheme by Biomet, using Stryker representatives in both New York (Steitzer) and Louisiana […]
Stryker Appoints CEO Lobo As Chairman
Stryker Corp. ( SYK ) said Chief Executive Kevin A. Lobo has been appointed chairman of the medical-device maker’s board, a move that comes roughly 21 months after he was promoted to the top executive post.The move is effective immediately. Nonexecutive Chairman William U. Parfet will Read more »
Expanding Orthopedics Inc. has obtained FDA Clearance for its FLXfit™, the world’s first 3D expandable interbody cage
OR AKIVA, Israel, July 21, 2014 /PRNewswire/ — Expanding Orthopedics Inc. (EOI), a privately held medical device company focused on developing and commercializing innovative expandable devices for spine surgeries, is excited to announce that its FLXfit™, the world’s first 3D expandable interbody cage, is cleared for commercialization in the US. Ofer Bokobza, CEO of Expanding […]
Titan Spine Study Wins Whitecloud Award for Best Basic Research at IMAST 2014
MEQUON, WIS. — Titan Spine, a medical device surface technology company focused on developing innovative spinal interbody fusion implants, today announced that a research paper which evaluated their surface technology was awarded the prestigious Whitecloud Award for Best Basic Science Research from the Scoliosis Research Society. The study results further demonstrate that the company’s line […]
California medical fraud included fake spinal screws, lawsuit alleges
Bribed surgeons implanted counterfeit spinal hardware into the backs of potentially thousands of patients as part of a vast scheme overseen by Michael D. Drobot, the former hospital executive who as part of a plea deal admitted to bribing indicted California state Sen. Ron Calderon, according to a new lawsuit. Read more »
California medical fraud included fake spinal screws, lawsuit alleges
Bribed surgeons implanted counterfeit spinal hardware into the backs of potentially thousands of patients as part of a vast scheme overseen by Michael D. Drobot, the former hospital executive who as part of a plea deal admitted to bribing indicted California state Sen. Ron Calderon, according to a new lawsuit. Read more »
Shareholder files suit against Medtronic
A shareholder’s lawsuit against Fridley-based Medtronic contends the proposed acquisition of Ireland-based Covidien will wrongly force longtime investors to suffer a near-term tax hit.In a lawsuit filed July 2 in Hennepin County District Court, shareholder Lewis Merenstein objects to the “reverse merger” structure of Read more »
Stryker Corp.’s Second-Quarter Earnings Edge Up
Stryker Corp.’s SYK -0.70% second-quarter earnings edged up narrowly on Thursday as an increase in expenses masked a 7% rise in sales.The results include charges for its ABG II hip implants and its Neptune Waste Management system recalls, which had driven down earnings sharply in the previous quarter.Meanwhile, the company adjusted its full-year projections. Read […]
SpineGuard reports 1H 2014 revenues €2.1 million Company accelerates the development of its Smart Screw
PARIS and SAN FRANCISCO, July 17, 2014 – SpineGuard (FR0011464452 – ALSGD), an innovative company that designs, develops and markets disposable medical devices intended to make spine surgery safer, today announced its revenues for its first half through June 30, 2014.The Company generated revenue of €2.1 million for the first half of 2014, down 6% […]
What 3D Printing Means for Healthcare
Medical care might not be the most obvious place for 3D printing applications, but 3D-printed kidneys and 3D-printed prosthetic eyes say otherwise. 3D-printed plastics are being used for medical tools and devices, models for surgical training and even lightweight, cost-efficient implants and prosthetics. Read more »
What 3D Printing Means for Healthcare
Medical care might not be the most obvious place for 3D printing applications, but 3D-printed kidneys and 3D-printed prosthetic eyes say otherwise. 3D-printed plastics are being used for medical tools and devices, models for surgical training and even lightweight, cost-efficient implants and prosthetics. Read more »
MedTech to begin commercialization of its Spinal Surgery Robot in Europe
Toulouse-based Medical Device company MedTech announced today that it has been given the “CE” approval it needed in order to start selling ROSA Spine, the spinal surgery robot that it has been working on. This will be the second robotic device that MedTech has brought to market, following the commercialization of their famed ROSA neurosurgery […]