The possibilities might sound like science fiction: personalized artificial hip implants and intelligent surgical instruments.But with Zimmer Holdings Inc.’s pending $13.35 billion acquisition of Biomet Inc., medical advances that once seemed years away could be coming closer to reality.Zimmer officials are talking about almost doubling their annual budget for research and development of new products […]
NEWS
Deal making in orthopedics
Downward pressure on the orthopedic medical device sector from reimbursement and pricing, utilization of costly procedures, increasing commoditization, and the need to drive growth, are driving mergers and acquisitions at a fast pace. Read more »
Deal making in orthopedics
Downward pressure on the orthopedic medical device sector from reimbursement and pricing, utilization of costly procedures, increasing commoditization, and the need to drive growth, are driving mergers and acquisitions at a fast pace. Read more »
U.S. Seeks More Information on Medtronic’s Covidien Deal
U.S. regulators are seeking more information regarding Medtronic Inc. deal to buy Covidien which includes plans for a so-called inversion that would lighten the merged company’s tax load.The Federal Trade Commission issued a second request for additional information and documentary material Wednesday, Medtronic said in a filing Thursday. Read More»
U.S. Seeks More Information on Medtronic’s Covidien Deal
U.S. regulators are seeking more information regarding Medtronic Inc. deal to buy Covidien which includes plans for a so-called inversion that would lighten the merged company’s tax load.The Federal Trade Commission issued a second request for additional information and documentary material Wednesday, Medtronic said in a filing Thursday. Read More»
Medtronic (MDT) Is Poised To Lead The Medtech Industry
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»
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 »
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 […]
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 […]
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 […]
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 […]
VertiFlex®, Inc. Announces Publication of Superion® IDE Trial Results
SAN CLEMENTE, CALIF. — VertiFlex®, Inc., a leading innovator of advanced minimally invasive interventions for spinal stenosis, announces publication of two-year clinical results of the Superion®Indirect Decompression System. Dr. Vikas Patel, from the University of Colorado, and colleagues, reported outcomes from the first 250 patients enrolled in a prospective, multi-center, randomized FDA IDE trial comparing […]
Surgical Navigation Systems Market Expected To Reach USD 295.5 M Globally In 2020
According to a new market report published by Transparency Market Research “Surgical Navigation Systems Market – Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2014 – 2020”, the global surgical navigation systems market was valued at USD 218.5 million in 2013 and is expected to grow at a CAGR of 4.5% from 2014 to […]
Surgical Navigation Systems Market Expected To Reach USD 295.5 M Globally In 2020
According to a new market report published by Transparency Market Research “Surgical Navigation Systems Market – Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2014 – 2020”, the global surgical navigation systems market was valued at USD 218.5 million in 2013 and is expected to grow at a CAGR of 4.5% from 2014 to […]
Vendor alleges hospital violated her constitutional rights
DAYTONA BEACH — A spinal implant vendor who lost business at Halifax Health is alleging in a federal lawsuit the public hospital violated her constitutional rights when it banished her for writing a critical letter. Read more »
Medtronic To Cut Jobs In Minnesota
Medtronic is slated to cut 40 positions in two locations in Minnesota as part of a restructuring charge it released in May. The cuts come in the wake of the company’s announcement to acquire Covidien and move its headquarters to Ireland.The plan affects employees working at Medtronic’s headquartersRead more »
MEDICREA Reports First Half 2014 Sales
LYON, France–(BUSINESS WIRE)–July 11, 2014– The MEDICREA group (Paris:ALMED) (FR0004178572-ALMED), listed on Alternext Paris and eligible for PEA-PME SME equity savings plans, a company that specializes in the development of innovative surgical technologies for the treatment of spinal pathologies, today announced financial results for the first half of the fiscal year ended June 30(th) , […]
Biomet Announces Fourth Quarter and Fiscal Year 2014 Preliminary Financial Results
WARSAW, Ind.–(BUSINESS WIRE)–Biomet, Inc. (“the Company”) announced today preliminary financial results for its fourth quarter and fiscal year ended May 31, 2014. The final results for the three and twelve months ended May 31, 2014 will be made available to the public with the filing of Biomet’s Form 10-K for fiscal year 2014 and will […]
Nuvasive (R) to Participate in the 21st Annual International Meeting on Advanced Spine Techniques(IMAST)
SAN DIEGO, CA — (Marketwired) — 07/09/14 — NuVasive, Inc. (NASDAQ: NUVA), a medical device company focused on developing minimally disruptive surgical products and procedures for the spine, is excited to announce its participation at the 21st International Meeting on Advanced Spine Techniques (IMAST) from Wednesday, July 16 to Friday, July 18, 2014, in booth […]
J&J’s DePuy Synthes Cutting Jobs As Part Of Reorganization
Johnson & Johnson announced that its orthopedics subsidiary DePuy Synthes is letting go of 400 workers as part of a reorganization plan designed to meet new challenges in the market.According to a Wall Street Journalreport, Michael Orsinger, J&J’s worldwide chair of the global orthopedics group,Read more »
NuVasive sets up in Waterford with 30 high-skill jobs
Medical-device company NuVasive Inc is establishing an international operations centre in Waterford this coming week, and creating up to 30 highly skilled roles over the next two to three years. NuVasive – which is headquartered in San Diego, California – has already begun recruitment for supply chain, customer service, accounting and IT positions at the […]