Month: December 2013
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2013: Medtech’s Banner Year
Medtech stocks fared well this year, gaining an average of nearly 45% despite headwinds including the medical device tax, the…
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Recon
DePuy Synthes Brings Radial Head Prosthesis System to US Market
DePuy Synthes, a part of J&J, has launched the Radial Head Prosthesis System in the US for primary and revision joint…
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Financial
Zimmer’s Board Approves $1B Share buyback
Orthopedics giant Zimmer embarks on a $1 billion share repurchase program with the board of directors’ approval. Orthopedic devices titan…
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Financial
Zyga Raises $10 Million for Spine Pain Solutions Business
Zyga Technology has raised $10 million, to be applied to general business purposes, which include the development of devices to…
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Financial
Mako Surgical’s Shareholders OK $1.7B Stryker Buyout
Mako Surgical’s shareholders approve Stryker Corp.’s $1.65 billion acquisition bid. Mako Surgical (NSDQ:MAKO) cleared a hurdle on the way to its…
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Financial
OrthoRecon Acquisition expected to close in January
MicroPort Medical’s acquisition of Memphis-based Wright Medical Group’s OrthoRecon division is expected to be finalized Jan. 9. The last component…
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Robotics
Soldier Andrew Garthwaite Moves Bionic Arm by Thoughts
A soldier injured in battle said he is determined to make a success of his new life with a bionic…
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Financial
3-D Printing for Patient Specific Medical Devices Will Reach $1B by 2020
According to a new market report published by Transparency Market Research, “3D Printing in Medical Applications Market (Medical Implants…
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Hospitals
Recalls: Intuitive Surgical Warns da Vinci Robot Can ‘Stall’
Intuitive Surgical issues a Class II recall warning of the potential for nearly 1,400 of its da Vinci surgical robots…
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Financial
Economists Spar Over the Medtech Tax
A pair of economists face off over the medtech tax, with one calling the levy a new incentive for a…
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Hospitals
Medtech Recalls For November 2013
Class I and class II recalls issued by the Center for Devices & Radiological Health in November 2013. Read Full…
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Financial
Is Premium Pricing a Thing of the Past?
In the pre-Obamacare world, medical device companies were able to price their products at a premium, justified by improvements in…
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Biologics
BioPen to Rewrite Orthopaedic Implants Surgery
A handheld “bio pen” developed in the labs of the University of Wollongong will allow surgeons to repair damaged and…
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Robot Arm Friction Problem Forces Intuitive Surgical Recall
The issue may cause some da Vinci surgical robots to briefly stall during surgery Problems and bad press involving Intuitive…
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