Feb. 11 (Bloomberg) — Medtronic Inc. asked a federal judge to order NuVasive Inc. to pay royalties on sales of spinal surgery products that infringed its patents, as well as $19.8 million in interest on a jury verdict last year.The request, filed yesterday in federal court in San Diego, follows a $101 million verdict won […]
OLD ARCHIVES
Bacterin Study at AAOS 2012 Annual Meeting Shows OsteoSponge® Equivalence to rhBMP-2 in Spinal Fusion; Presented Specifically to Orthopaedic Surgeons
BELGRADE, Mont., Feb. 10, 2012 /PRNewswire via COMTEX/ — Bacterin International Holdings, Inc., a leader in the development of revolutionary bone graft material and antimicrobial coatings for medical applications, presented at the American Academy of Orthopaedic Surgeons (AAOS) 2012 Annual Meeting in San Francisco, CA, its study showing OsteoSponge® equivalence to rhBMP-2 in spinal fusion. […]
An Unexpected Change In Leadership At Stryker
Management matters in every industry, and there’s no question that Stryker (SYK) has benefited from a long run of quality CEOs. In a fairly shocking announcement Wednesday night, Stryker announced that CEO Stephen MacMillan was resigning (effective immediately) for unspecified family reasons. Not only had MacMillan been a very good CEO for Stryker, but the […]
Amedica Corporation Announces New Leadership Appointment to Guide Next Phase of Rapid Growth
SALT LAKE CITY, Feb. 8, 2012 — /PRNewswire/ — Amedica Corporation, a spinal and reconstructive implant and instrument manufacturer focused on proprietary silicon nitride ceramic material platforms, today announced leadership appointments designed to drive the company’s ambitious growth initiatives in the United States and abroad. To support the clinical and commercialization activities that will drive […]
MEDICREA’s PASS MIS: FDA Approval and First Surgery in the US
LYON, France, Feb 07, 2012 (BUSINESS WIRE) — The MEDICREA group, a medical company specialized in the development of innovative surgical technologies for the treatment of spinal pathologies, today announced the approval by the FDA of the PASS MIS system and the first PASS MIS surgery performed in the U.S. by Dr. Victor Hsu (Doylestown […]
Corentec Co., Ltd. Launches Corentec America, Inc. at Annual Meeting of the American Academy of Orthopaedic Surgeons (AAOS)
IRVINE, Calif. and SAN FRANCISCO, Feb. 7, 2012 /PRNewswire via COMTEX/ — Corentec Co., Ltd., a leading medical device technology company in Asia, and based in South Korea, today announced that the Company is now offering its orthopedic products in the U.S. with the launch of Corentec America, Inc., a wholly owned subsidiary of the […]
Invuity Launches Advanced Visualization System for Spinal Surgeries
SAN FRANCISCO, Feb. 7, 2012 /PRNewswire via COMTEX/ — Invuity, a leading developer of state-of-the-art surgical visualization technology, today debuted its illuminated Eigr(TM) Taylor Retractor System at the American Academy of Orthopaedic Surgeons Annual Meeting (Feb. 7-10) at the Moscone Center in San Francisco. Invuity’s advanced technology provides surgeons with unparalleled access and visualization. The […]
Exactech Announces Product Lineup for Exhibit at American Academy of Orthopaedic Surgeons Meeting; Management to Present at Investor Conference
GAINESVILLE, Fla., Feb 06, 2012 (BUSINESS WIRE) – Exactech will launch a number of new products, present clinical results and provide hands-on exposure to new instrumentation at its AAOS exhibit. New products include: Knee A full market launch of the complete Optetrak Logic(R) primary knee system, an advanced approach to total knee replacement that introduces […]
SurgLine International, Inc. First Spinal Implants Used Successfully in Medical Procedure
WEST PALM BEACH, Fla., Feb. 3, 2012 — /PRNewswire/ — SurgLine International, Inc.today announced that its wholly owned subsidiary, SurgLine, Inc. (“SurgLine”) supplied its first spinal implants for a spine surgery at the end of January. SurgLine selected Spine and Joint Solutions, Inc. (“SJS”) as its distributor for the procedure. SJS is a distributor of […]
What is the future of Medtronic’s controversial spinal fusion product Infuse?
Medtronic’s controversial bone growth product Infuse has been hammered by quarter after quarter of declining sales.Currently, Yale reviewers are conducting an independent review of the data related to Infuse. The review’s conclusions are eagerly awaited by Medtronic CEO Omar Ishrak who hopes that Infuse will be vindicated once and for all therebysilencing those who have […]
NLT SPINE Receives 510(k) Clearance for Its Lumbar Interbody Fusion Device, PROW FUSION(TM)
KFAR SABA, Israel, Feb 01, 2012 (BUSINESS WIRE) — NLT SPINE, a developer of Minimally Invasive Spine Surgery (MISS) products, today announced that its PROW FUSION(TM) device received 510(k) clearance from the U.S. Food and Drug Administration (FDA). NLT SPINE’s PROW FUSION(TM) Transforaminal-Lumbar Interbody Fusion (TLIF) device and delivery system are intended for spinal fusion […]
Medtronic Patent Trial Victory Over NuVasive Remains Intact
Medtronic Inc. (MDT)’s $101.2 million jury verdict against NuVasive Inc. over spinal surgery patents was left intact by the judge who presided over the September trial.U.S. District Judge Michael Anello in San Diego, at a hearing today, denied NuVasive’s requests to overturn the Sept. 20 jury verdict or order a new trial. Anello issued tentative […]
Custom Spine Receives CE Mark for Its Product Portfolio
PARSIPPANY, N.J., Jan. 30, 2012 — /PRNewswire/ — In an effort to support global expansion plans, Custom Spine announced that it has achieved ISO-13485 and received CE Mark for all its current products sold in the U.S. This approval allows the Company to commercialize its products into the international market. Mahmoud Abdelgany, President of Custom Spine […]
Premia Spine Acquires Assets of Impliant
RAMAT POLEG, Israel, May 19, 2011 /PRNewswire/ — Premia Spine, Ltd. announced today that the company acquired Impliant, Ltd. assets, which include 16 worldwide patents. Premia intends to commercially launch the TOPS(TM) System and its adjunct Versalink(TM) Fixation System in third quarter of 2011. “We are excited about the opportunity to provide patients with a clinically-proven, superior solution to […]
NuVasive Signs Agreement to Acquire Impulse Monitoring
SAN DIEGO, CA, Sep 28, 2011 (MARKETWIRE via COMTEX) — NuVasive, Inc. (NASDAQ: NUVA), a medical device company focused on developing minimally disruptive surgical products and procedures for the spine, announced today that it has executed a definitive agreement for the purchase of Impulse Monitoring, Inc., a leading Intra-Operative Monitoring (IOM) provider in the United […]
Orthovita, Inc. Agrees To Be Acquired by Stryker Corporation for $3.85 Per Share in Cash
MALVERN, Pa.–(BUSINESS WIRE)–Orthovita, Inc. (Nasdaq: VITA) today announced that it has entered into a merger agreement under which Stryker Corporation (NYSE: SYK) has agreed to acquire all of the common stock of Orthovita for $3.85 per share in cash which represents a total value of approximately $316 million. William E. Tidmore, Chairman of the Board, […]
Integra LifeSciences Acquires SeaSpine
PLAINSBORO, N.J., May 24, 2011 (GLOBE NEWSWIRE) — Integra LifeSciences Holdings Corporation (Nasdaq:IART) today announced that it has acquired SeaSpine, Inc., a provider of high quality, innovative products for the spine fusion market, for $89 million in cash, subject to certain post-closing adjustments. After the combination, the spine and orthobiologics portfolio is now the largest […]
Johnson & Johnson and Synthes Announce Definitive Merger Agreement – DePuy
New Brunswick, N.J., and West Chester, PA (USA), April 27, 2011–Johnson & Johnson (NYSE: JNJ), the world’s most comprehensive and broadly-based manufacturer of health care products, and Synthes, Inc. (SWX:SYST.VX), a premier global manufacturer of orthopaedic devices, today announced that they have entered into a definitive agreement whereby Johnson & Johnson will acquire Synthes for […]
Globus Medical Announces the Acquisition of Facet Solutions Inc.
AUDUBON, Pa., Jan. 12, 2011 /PRNewswire/ — Globus Medical, Inc., the largest privately held spinal implant manufacturer in the world, today announced that it has acquired substantially all of the assets of Facet Solutions, Inc. of Hopkinton, Mass. The terms of the acquisition are undisclosed. Facet Solutions Inc., a leader in the development of total facet arthroplasty devices, has been […]
Medtronic Completes Acquisition of Osteotech
MEMPHIS, Tenn.–(BUSINESS WIRE)–Moving to expand its Biologics product offerings, Medtronic, Inc. (NYSE: MDT), announced today it has completed the acquisition of Osteotech, following payment of $6.50 per share in cash for each share of Osteotech stock, with a total transaction value of approximately $123 million. Osteotech is a leader in the growing field of biologic […]
Captiva Spine Acquires Proprietary Cervical Plate System, SmartLox™
Jupiter, FL, October 06, 2010 –(PR.com)– Captiva Spine, Inc., a medical device organization dedicated to developing and distributing spinal technologies in the US and internationally, announced today that it has signed an agreement with Dr. Kamaljit Paul, Oshkosh, WI, to acquire the license to a Cervical Plate System designed and patented by Dr. Paul. The […]
Pioneer® Surgical Technology, Inc. Announces Agreement to Acquire Exclusive Access to the Cequence™ Cervical Plate System From SpineSmith, LP
MARQUETTE, Mich., Oct. 8 /PRNewswire/ — Pioneer Surgical Technology, Inc. and SpineSmith, LP are pleased to announce a deal in which Pioneer Surgical will acquire exclusive rights to manufacture and distribute the Cequence™ anterior cervical plate. As part of the agreement, Pioneer Surgical will become the manufacturer of record and offer the Cequence system through its existing […]
Amedica® Corporation Acquires US Spine, Further Securing Its Leadership Position in the Spinal Device Marketplace
SALT LAKE CITY, Utah, Sept. 21 /PRNewswire/ — Amedica Corporation (AC), a spinal and orthopaedic implant and instrument company focused on unique silicon nitride (SiN) ceramic technologies, announced today that it has acquired US Spine, a privately held, well-known medical device company focused on the development and commercialization of advanced spinal implant systems. Development efforts at Boca Raton-based […]
Alphatec Spine Completes Acquisition of Scient’x Groupe SAS
CARLSBAD, Calif., March 29, 2010 (GLOBE NEWSWIRE) — Alphatec Holdings, Inc. (Nasdaq:ATEC), the parent company of Alphatec Spine, Inc., a medical device company that designs, develops, manufactures and markets products for the surgical treatment of spine disorders, with a focus on treating conditions affecting the aging spine, announced today the closing of its previously announced […]