Month: January 2009
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Tibion gets OK to make medical devices
Tibion Corp., which focuses on bionic devices for the mobility impaired, said Wednesday it received a license from the State…
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Ramius Forces a Special Meeting of Orthofix
The activist hedge fund Ramius has garnered enough support from shareholders of Orthofix International to force a special meeting to…
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Zimmer Reports Fourth Quarter and 2008 Financial Results
– Net Sales of $1.03 billion for the fourth quarter represents a decrease of 4% reported (a decrease of 1%…
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PEAK Surgical Receives European CE Mark for PEAK(R) Surgery System for Use in General Surgery
PALO ALTO, Calif., Jan. 28 /PRNewswire/ — PEAK Surgical, Inc., a medical device company that has developed a new tissue…
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MAKO Surgical Corp. Stockholders Approve Previously Announced Potential Additional Equity Funding
FORT LAUDERDALE, Fla., Jan. 27, 2009 (GLOBE NEWSWIRE) — MAKO Surgical Corp. (Nasdaq:MAKO), a medical device company focused on marketing…
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Osteotech Expands Senior Management Team; New Executives to Drive Sales Force Strategies and Therapy-Based Solutions
EATONTOWN, N.J., Jan. 27 /PRNewswire/ — Osteotech, Inc. (Nasdaq: OSTE – News), a leader in the emerging field of biologic…
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Innovative Spinal Technologies Jilted, Now Bankrupt, Source Says
Last night we reported that Mansfield, MA-based Innovative Spinal Technologies, a maker of implants to correct degenerative spinal disorders, had…
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Grassley, Kohl Continue Campaign To Disclose Financial Ties Between Doctors And Drug Companies
WASHINGTON – U.S. Senators Chuck Grassley (R-IA) and Herb Kohl (D-WI) today introduced legislation to require makers of pharmaceuticals, medical…
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K2M Introduces a Simplified Minimally Invasive Surgical Technique for Dynamic Stabilization of the Spine
LEESBURG, Va.–(BUSINESS WIRE)–K2M, Inc., the spinal device company developing innovative and simplified solutions for the treatment of complex spinal pathologies…
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Detroit Medical Center Announces the First Implantation of ConforMIS’ Personalized Knee Resurfacing System in Michigan
DETROIT–(BUSINESS WIRE)–DMC Huron Valley-Sinai Hospital announced today the first implantations of a patient-specific, partial knee resurfacing implant designed and manufactured…
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DePuy Revenues Climb in 4th Quarter
DePuy’s revenues grew 8.3% for the fourth quarter in 2008.Its parent, Johnson & Johnson, didn’t fare as well as the…
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DiFUSION Technologies Completes Successful Testing of Antimicrobial Spinal Implant
Austin, Texas – January 26, 2009 – DiFUSION Technologies, Inc., a medical device company targeting the orthopaedic market, has successfully…
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Stryker Kickback Lawsuit Tossed Out
A federal judge has granted Stryker Orthopaedics’ motion to dismiss a class action suit alleging the company engaged in a…
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Biomet Releases 2Q09 Revenues
The second quarter revenue numbers for 2009 showed total sales up 6% to $643 million. Hips – up 10%Knees –…
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FDA OKs first human trials using embryonic stem cells
CHICAGO – The U.S. Food and Drug Administration said Friday that a California-based company can begin the nation’s first human…
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