RENO, Nev., May 14, 2012 (BUSINESS WIRE) — The Orthopaedic Implant Company (OIC) has announced the launch of its Pedicle Screw System. The new product line is used for stabilization and fixation during posterior spinal fusion procedures.“Our pedicle screw product line represents a simple, intuitive system that can save hospitals and surgery centers up to […]
2012
U.S. Market for Spinal Implants & VCF 2012
NEW YORK, May 9, 2012 — /PRNewswire/ — Reportlinker.com announces that a new market research report is available in its catalogue: Read more here: http://www.sacbee.com/2012/05/09/4477428/us-market-for-spinal-implants.html#storylink=cpy The U.S. spinal implant market is expected to approach $7 billion by 2018. Growth in the motion preservation devices segment will continue to be the largest contributor to the rising […]
Axonia Medical Completes $2 Million Seed Financing
KALAMAZOO, Mich., May 10, 2012 (BUSINESS WIRE) — Axonia Medical, an early stage company pioneering a revolutionary approach to repair and restore damaged peripheral and central nervous systems, announced today that the company has closed on $2.0 million in seed financing. The financing was led by Southwest Michigan First Life Science Venture Fund and included […]
SpineGuard Expands U.S. Sales Organization and Creates Four “Areas” to Support Growing Number of Independent Distributors Marketing Its PediGuard(R) Product Family
SAN FRANCISCO, May 08, 2012 (BUSINESS WIRE) — SpineGuard announced today that it has expanded its U.S. sales organization while establishing four “Areas” that will enable the Company to readily support the burgeoning demand from independent distributors across the country to market the Company’s PediGuard family of products for enhanced pedicle screw placement.Effective immediately, the […]
Amendia, Inc. and Medline Industries, Inc. Announce Investment and Strategic Business Alliance
MARIETTA, Ga., May 08, 2012 (BUSINESS WIRE) — Amendia, Inc., a manufacturer and distributor of spinal implants and surgical instruments, and Medline Industries, Inc. announced a new strategic business alliance. The relationship aligns Amendia’s growing spinal surgical device business with Medline’s leading medical and surgical products network. Amendia’s advanced manufacturing facility located near Atlanta compliments […]
J&J and Medtronic have contrasting acquisition strategies. Can both win?
Johnson and Johnson’s (NYSE:JNJ) CEO Alex Gorsky is apparently shopping around for medical device companies to boost sagging sales in its Cardiovascular Division.A Bloomberg story highlights how some analysts believe companies like St. Jude Medical and Edwards Lifesciences could be good acquisition targets. J&J’s strategy of growing through acquisitions appears to contrast with the acquisition […]
Corporate Whistle Blower Center Launches New Initiative
(PRWEB) May 07, 2012, The Corporate Whistle Blower Center is launching a vital initiative aimed at exposing what they consider to be an extraordinarily corrupt US medical device industry. The focus of this initiative is to encourage medical device representatives to step forward if they possess significant proof of wrongdoing involving Medicare, or Medicaid fraud, and […]
Spine Reconstruction Conference opens in Dubai
DUBAI — The 5th Annual Global Spine Reconstruction Conference opened on Monday with the participation of around four hundred doctors and surgeons from 54 countries all over the world including USA.Dr. Amin Hussein Al Amiri, Assistant Undersecretary for Medical Practices and Licensing, opened the conference on behalf of UAE Minister of Health, at Dubai InterContinental […]
NuVasive Shares Jump As 1Q Shows Share Gains In Spinal Market
NEW YORK (Dow Jones)–NuVasive Inc.’s (NUVA) first-quarter results indicated that the medical-device maker continues to gain share of the spinal market, as larger rivals remain beset by reimbursement hurdles. The news sent the company’s shares to levels not seen since September.The spinal market has been grappling with reimbursement issues since 2010, with health insurers erecting […]
Titan Spine Announces the Release of Cellular Data on Its Surface Technology
MEQUON, Wis., May 01, 2012 (BUSINESS WIRE) — Titan Spine, a medical device surface technology company focused on the development of innovative spinal interbody fusion implants, announced today that an article published in The Spine Journal reports in-vitro data that demonstrates a superior bone-forming response to the company’s unique titanium implant surface when compared to […]
VG Innovations, LLC today announced that the United States Patent Office has issued U.S. Patent No. 8,162,981, entitled Method and Apparatus for Spinal Facet Fusion
St. Petersburg, FL (PRWEB) May 01, 2012The present invention provides a novel method and apparatus for effecting spinal facet fusion. The VerteLoc™ Spine Stabilization System’s precise surgical instruments prepare the facet joint’s articular surfaces for insertion of the unique dual geometric implant comprised of human allograft. The body of the implant, which is rectangular in […]
Dignity Health Licenses Robotic Surgical Guidance System
SAN FRANCISCO, CA, Apr 30, 2012 (MARKETWIRE via COMTEX) — Dignity Health announced today it has given exclusive licensing rights to Excelsius Surgical to develop and bring to market a robotic surgical guidance system that will allow physicians to perform less invasive spinal procedures. A prototype of the robotic surgical guidance system was developed by […]
Woman sentenced for stealing $2.1 million from Medtronic
A California woman has been sentenced to nearly four years in prison for selling $2.1 million of non-existent merchandise to Medtronic Inc.Jennifer Rutherford, 40, of San Jose, Calif., was sentenced by a federal judge in Minneapolis to 45 months in prison on one count of wire fraud, the U.S. Attorney’s Office said.Rutherford worked as a […]
Rare charges accuse CEO of over-billing San Jose for spinal implants
In a YouTube video on her website, Trudy Maurer offers spinal injury patients help as they “navigate through the maze of bureaucracy” for insurance coverage. Her company advertises key spinal implants at no cost to hospitals.But there was one crucial detail she left out, South Bay prosecutors said: Maurer and her company were drastically overbilling […]
ulrich medical’s New Expandable Spinal Implant
ulrich medical USA Inc. officials announce the release of the Omni VBR Implant System, a new titanium vertebral body replacement device that is intended for use in the thoracic and lumbar spine (T1-L5) to replace a collapsed, damaged or unstable vertebral body due to tumor or trauma. The Omni VBR implant joins a distinguished […]
Synthes Inc. : Synthes Announces Q1 2012 Sales Results with Growth of 2.1% in local currency
West Chester (PA), USA, April 25, 2012 Synthes (SIX: SYST.VX) today announced its First Quarter 2012 sales results with growth of 1.5% (2.1% in local currency). Global sales of US$ 997.5 million increased 1.5% (2.1% in local currency [LC]) vs. prior year (PY). Positive LC growth was achieved across all product groups in all regions […]
LDR Announces FDA Clearance and Launch of the ROI-C(R) Lordotic Cervical Cage
AUSTIN, Texas, Apr 24, 2012 (BUSINESS WIRE) — LDR, a privately held medical device company offering innovative spinal implants for both non-fusion and fusion applications, announced that it has received 510(k) clearance from the United States Food and Drug Administration to market the ROI-C Lordotic Cervical Cage. The ROI-C Lordotic Cervical Cage adds to the […]
SurgLine International, Inc. Launches A Wholly Owned Operating Subsidiary To Pursue Cost Containment Strategies
WEST PALM BEACH, Fla., April 23, 2012 /PRNewswire via COMTEX/ — SurgLine International, Inc.Thomas Toland, CEO of SurgLine International, Inc. (“SGLN”) and SurgLine, Inc. (“SurgLine”) stated that the Company is pleased to announce that SurgLine has formed SurgLine MDC Holdings, LLC. (“SMDC”), a Delaware Limited Liability Corporation, as a wholly owned subsidiary. SMDC will be […]
LDR Holding Appoints Robert E. McNamara Chief Financial Officer
AUSTIN, Texas, Apr 23, 2012 (BUSINESS WIRE) — LDR Holding, a privately held medical device company offering innovative spinal implants for both non-fusion and fusion applications, announced today the appointment of Robert E. McNamara as Chief Financial Officer, effective April 23, 2012. Mr. McNamara has held executive leadership positions with technology and medical device companies […]
EU Commission OKs J&J’s buy of Synthes, but with conditions
The Commission’s investigation confirmed that, subject to the divestment of J&HJ’s trauma business, the merged entity would continue to face competition from a number of other strong competitors and that customers would still have sufficient alternative suppliers in all of the markets concerned.Commission Vice President in charge of competition policy Joaquin Almunia said: “This was […]
Last Week to read:”Discover your Sales Strenghts” in the Coaching page
The last part of the book summary of “Discover your sales strenghts” is already available!! This week is the last one to read it. Next Monday, we will publish a new one!!Every month you will find the executive summary of a different book related to sales, management, leadership or marketing.Please we would appreciate if you […]
J&J Wins EU Approval for $21.3 Billion Synthes Acquisition
Johnson &Johnson (JNJ) won European Union approval for its $21.3 billion purchase of Synthes Inc. (SYST) after agreeing to sell its DePuy Orthopaedics Trauma business to allay antitrust concerns.J&J’s offer to dispose of operations making devices that treat bone fractures eliminated antitrust concerns over “very high combined market shares” for the products, the European Commission […]
NLT SPINE Receives CE Mark for its eSpin(TM) Device and Performs First Clinical Cases in Europe
KFAR SABA, Israel, Apr 19, 2012 (BUSINESS WIRE) — NLT SPINE, a developer of products aimed for Minimally Invasive Spine Surgery (MISS) and percutaneous procedures, announced today that its eSpin discectomy device has received CE Mark approval, enabling the company to market it in Europe.eSpin can be used as part of a lumbar interbody fusion […]
DePuy Spine launches VIPER F2 at AANS
DePuy Spine, Inc. has announced the launch of the VIPER® F2 Transfacet Pedicular System (VIPER F2), a transfacet pedicular screw and polyaxial ring system designed to provide stabilization and fixation during degenerative lumbar spinal fusion procedures.The announcement was made here at the 80th Annual Scientific Meeting of the American Association of Neurological Surgeons (AANS) where […]
Integra LifeSciences Expands Its Spinal Product Portfolio With a Stand-Alone, Zero-Profile Device for ALIF Procedures
PLAINSBORO, N.J., Apr 17, 2012 (GlobeNewswire via COMTEX) — Integra LifeSciences Holdings Corporation today announced the United States full market release of the Integra(R) Vu aPOD(TM) Prime Intervertebral Body Fusion Device (IBD), expanding Integra’s spine product portfolio with the addition of its first zero-profile, stand-alone IBD designed for anterior lumbar fusion (ALIF) procedures. The Integra(R) Vu […]
Medtronic Announces Launch of the POWEREASE(TM) System
MEMPHIS, Tenn., Apr 16, 2012 (BUSINESS WIRE) — Medtronic, Inc. today announced the initiation of its launch of the POWEREASE(TM) System, an innovative system of electronic instruments designed specifically for use in instrumented, or reconstructive, spine surgery. This system brings new capability to the operating room through compatibility with two of the leading pedicle screw platforms […]
K2M to Showcase Complete Cervical Fixation Portfolio at 2012 American Association of Neurological Surgeons Annual Meeting
K2M, Inc., a spinal device company developing innovative solutions for the treatment of complex spinal pathologies and minimally invasive procedures, is showcasing a complete anterior cervical fixation portfolio at the 2012 American Association of Neurological Surgeons Annual Scientific Meeting (AANS) in Miami. “With the recent additions of BLUE RIDGE™ Hybrid and PYRENEES® Translational to our […]