Month: January 2014
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Biologics
State Appeals Court Reverses Preempted Medtronic InFuse Case
A California appeals court overturns the preemption of a product liability lawsuit filed against Medtronic over its controversial InFuse bone-growth…
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Financial
Zimmer accuses Stryker, ex-sales rep of ‘Trojan Horse’ poaching scheme
Zimmer Holdings accuses Stryker Corp. and a former Zimmer sales rep of scheming to create a ‘Trojan Horse’ plan designed…
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Financial
Wright Medical Group, Inc. Announces Acquisition of Solana Surgical, LLC and Entry into Definitive Agreement to Acquire OrthoPro, LLC
Adds Complementary Foot and Ankle Products to Further Accelerate Growth Opportunities and Profitability in Wright’s Extremities Business Purchase Price of…
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K2M Submits S-1 Draft Registration Statement for Proposed IPO
LEESBURG, Va.–(BUSINESS WIRE)–K2M Group Holdings, Inc. today announced that it has confidentially submitted a draft registration statement on Form S-1…
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Financial
Chronology of a Transaction: Stryker Corporation, MAKO Surgical and Pipeline Biomedical Holdings
Perspective Chronology of a Transaction: Stryker Corporation, MAKO Surgical and Pipeline Biomedical Holdings By Don Urbanowicz, Urbanowicz Consulting Published Dec.…
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Intellirod Spine Receives $1.6 Million Ohio Third Frontier Award
AKRON, Ohio, Jan. 21, 2014 /PRNewswire-USNewswire/ — Intellirod Spine, the spinal implant company developing implantable wireless sensor technology to aid in…
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Titan Spine Adds Five New Patents to Interbody Fusion Intellectual Property Portfolio
January 21, 2014 08:30 AM Eastern Standard Time MEQUON, Wis.–(BUSINESS WIRE)–Titan Spine, a medical device surface technology company focused…
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Extremities
US Marine Receives First Prosthetic Arm Controlled by Implantable Sensors
After U.S. Marine Staff Sgt. James Sides lost his hand while serving in Afghanistan, he was desperate to get back…
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Financial
X-Bolt Orthopaedics Secures €1.8m for Hip Fracture Product
Dublin-based X-Bolt Orthopaedics, a hip fracture fixation company, has secured €1.8 million in funding to bring the product to a…
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Nuvasive Loses Pitch to Ditch Patent Infringement Lawsuit
A federal court Tuesday denied Nuvasive’s motion to dismiss a patent infringement case against its orthopedic cervical reconstruction system, Helix…
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J&J’s Synthes Wins Round In Spat With Ex-Sales Rep
Johnson & Johnson’s Synthes subsidiary wins a round in its lawsuit against a former sales rep who jumped ship for…
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Recon
Wright Medical Closes $290M OrthoRecon Sale
Wright Medical is out of the hip and knee implant business now that the $290 million divestiture of its OrthoRecon…
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Globus Medical Acquires Robotics Developer Excelsius Surgical
Globus Medical a leading musculoskeletal implant manufacturer, today announced that it has acquired Excelsius Surgical. Excelsius Surgical is developing a next generation…
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2014 Med Device Outlook
Medical device market lukewarm in 2014 Demand is down in the U.S. but picking up in markets like Asia 2014…
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Financial
Stryker to buy Patient Safety Technologies for $120m
Stryker Corp said it would buy Patient Safety Technologies Inc for $120 million, adding to its portfolio a device that…
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