Tornier buying OrthoHelix will bring innovative Foot & Ankle technologies to Europe as well as high growth, line extension and gross margin to Tornier.
Orthopaedics
Flammable Bone Putty: Are We Missing Something (Or Rather Has Someone Else)?
So who dropped the ball? It looks like one of Synthes Hemostatic Bone Putty’s constituents is flammable, which makes it look like the culprit in the flammable bone putty debacle.
New Bone Marrow Aspiration Catheter Gains FDA Clearance
Florida based autologous solutions company Biologic Therapies has gained FDA clearance for its Bio-MAC™ Bone Marrow Aspiration Catheter which it claims will enhance physicians’ use of autologous Bone Marrow Aspirate Concentrate in surgical procedures for the treatment of orthopedic conditions.
Olive Medical Expects Its New Supply Chain To Support Its “Low Cost HD Camera” Offering
Olive Medical Corporation, the self-styled low cost leader in 1080p HD surgical camera systems, has announced a contract with ROi (Resource Optimization & Innovation) in a move which the company says will help users deliver clinical excellence in the most cost-efficient manner.
Tornier Appoints New Chief Financial Officer
Orthopaedic extremity device company Tornier, N.V., has announced that it has appointed Shawn T McCormick as Chief Financial Officer, effective as of September 4, 2012.
Looks Like Restructuring Is Paying Off As Smith & Nephew Delivers Strong Financials
Financial key performance indicators for S&N’s quarter, when set against the equivalent period a year ago show revenue of $1,029 million, up 2% on an underlying basis, trading profit of $234 million, up 6% on an underlying basis, with trading profit margin up 80 bps to 22.7% as Advanced Surgical Devices (ASD) division restructuring benefits come through
510(k) Clearance For Medtronic’s Orthopaedic Bipolar Sealer with Cutting
Medtronic, Inc. has announced the FDA 510(k) clearance for its Aquamantys®3 BSC 9.1S Bipolar Sealer with Cutting, a new addition to the orthopaedic portfolio of the company’s Advanced Energy business. Combining sealing with cutting in a single device should make procedures more efficient, according to the company.
MiMedx Group Turns A profit From Human Amniotic Membrane
Georgia’s Mimedx Group is a developer of biomaterial solutions for surgical repair of soft tissues using human amniotic membrane. Pretty specialised field and never likely to be sponsoring the Olympics, but nonetheless the company’s recently stated Q2 financials suggest it’s in good shape, having grown consistently and turned red numbers black in the past twelve months.
Breg Appoints Former Integra LifeSciences CEO Essig As Board Chairman
Breg, Inc., has announced the appointment of Stuart M. Essig as chairman of the board. Mr. Essig retired from the position of Chief Executive Officer at Integra LifeSciences Holdings Corporation earlier this year.
Conmed And Exactech Combine To Deliver Shoulder And Knee Educational Programs
Conmed and Exactech have announced that they will collaborate to deliver educational programs which cover all aspects of shoulder and knee repair, in a way defining synergy as neither company could deliver the full spectrum single handed.
High Incidence Of Osteolytic Lesions In Transystème Ankle Evolutive System Prosthesis
UK medical device regulatory authority the MHRA has issued a Medical Device Alert pertaining to the Ankle Evolutive System prosthesis from French company Transystème-JMT Implants. Evidence has been mounting for a while, which raises the question of whether regulatory oversight was adequate.
Surgical Innovations “Asks The Audience”
UK device company Surgical Innovations welcomed some of the best minds in UK surgery to its annual event last week in what forms a key part of the company’s surgeon-led product and idea-development philosophy.
Senior Management Changes At MAKO Surgical
In a press release issued today via Globe Newswire, Mako Surgical Corp. has announced that Steven J. Nunes has tendered his resignation as MAKO’s Senior Vice President of Sales & Marketing effective July 17, 2012.
J&J Second-Quarter International Device Sales Feel Currency Impact
Johnson & Johnson has just announced sales of $16.5 billion for the second quarter of 2012, a decrease of 0.7% as compared to the second quarter of 2011, albeit with a significant currency loss painting a gloomier picture than the top line figures suggest.
FDA Reviewed Safety Of Metal-on-Metal Hip Implants
In this guest editorial, submitted by John Martin of legal marketing specialist firm eJustice, he reports on FDA’s most recent review of the ongoing all-metal hip debacle.
AOSSM: Cayenne Medical Launches Quattro™ Shoulder System For Rotator Cuff And Labral Repair
Cayenne medical has chosen the annual AOSSM meeting at which to launch its full line of anchors which it says are designed to answer market demand for improved procedural technique and cost- efficiency