Month: August 2013
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LDR Receives First FDA Approval for Two-Level Cervical Disc Replacement
AUSTIN, Texas–(BUSINESS WIRE)– LDR, a privately held medical device company offering exclusive spinal implant technologies for both non-fusion and fusion…
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Spine
Stryker Recalls Spinal Implant, Gets ‘Deadly’ FDA Label
Stryker is recalling lots of a device used in spinal surgeries, and the FDA has assigned its most serious tag…
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South Korea Is A “Key Market” In Covidien’s Global Strategy
Covidien launches a $21 million innovation center in South Korea, a country the medical device giant calls key to its…
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Biomet Units Lose $2.7M Royalty Dispute With Spine Surgeon
An appeals court in New Jersey upholds a $2.7 million judgment against 2 Biomet subsidiaries in a royalties dispute with…
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Financial
Medtronic’s Maneuvers May Signal Long-Term Struggles For Industry
Wall Street analysts warn that Medtronic’s moves into disease management signal “challenging times ahead for device manufacturers.” When Medtronic (NYSE:MDT) announced that…
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Biomet’s Preemption Bid Fails, Company Proceeds To Trial Over Metal Hips
Biomet fails to convince an Indiana federal judge that federal preemption laws protect the company against personal injury lawsuits over…
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InVivo Tanks After Pushing Back Spinal Study
InVivo Therapeutics planned to kick off a study of its investigational spinal implant in the coming months, but an FDA…
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LDR Files Registration Statement for Proposed Initial Public Offering
AUSTIN, Texas–(BUSINESS WIRE)–LDR Holding Corporation announced today that it has filed a registration on Form S-1 with the Securities and…
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Orthopedics Visionary, Lew Bennett, Dies at Age 87
Lew Bennett, one of the founders of Howmet (later Howmedica Corporation, later part of Stryker Corporation) and a senior executive…
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Hospitals
Would We Know If A Medical Device Was Hacked?
The absence of reported hacks on medical devices doesn’t mean they aren’t happening, experts say, because there are no mechanisms…
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Zimmer Scores 510(k) Nod for Device to Aid Surgeons With Reverse Anthroplasty Procedures
Zimmer Holdings, Inc. (ZMH) may have gone down swinging in its most recent courtroom drama with Stryker, but the orthopedics…
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APEX Robotic Technology™ on display at CAOS
During the 13th Annual Meeting of the International Society for Computer Assisted Surgery, a study presented by Dr. Jan Koenig…
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Biologics
California Research Team Prints Cartilage with an Inkjet Printer
While companies such as ISTO Technologies and Integra LifeSciences work on growing viable, implantable human cartilage, Darryl D’Lima, M.D., Ph.D.,…
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Docs Brace For Sunshine As Industry Gifts Go Public
Starting this month, medical device and drug companies are disclosing every dollar they pay doctors, whether to recoup a meal…
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Neuro
Implanted Device Controls Rheumatoid Arthritis
A nerve-stimulating electrical implant could give people a drug-free alternative to current treatments. In early human tests, SetPoint Medical…
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