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Exactech Acquires Vertiflex Fusion Products

GAINESVILLE, Fla.–(BUSINESS WIRE)–Exactech, Inc. (NASDAQ:EXAC), a developer and producer of bone and joint restoration products for hip, knee, shoulder, spine and biologic materials, announced today the acquisition of several innovative spine product lines and all related technology from VertiFlex, Inc. a leading developer of minimally invasive and motion preserving… Continue reading »

OSN Launches Job Board

OrthoSpineNews is proud to release a new job board!! We have seen steady growth in our readership and are now serving news to approximately 10,000 people per month!!! According to what study you are looking at, around 20% of employees are actively trying to change jobs. That would mean that we have around 2,000 active… Continue reading »

Medtronic Signs Agreement to Acquire Osteotech

Just when we thought we would see some interesting theater within Osteotech, we were right. I wonder if this is what the BOD dispute was about the entire time. Click below to read the entire press release. Continue reading »

Pound for Pound

This has been an interesting week in Spine/Biologics. You may remember when Ramius decided to go on the offensive against Orthofix last year regarding the perceived mismanagement/acquisition of Blackstone. Apparently, some other investors thought highly of that tactic as investors of Alphatec and Osteotech have decided to employ a similar strategy. Osteotech has started their… Continue reading »

Don’t Call it a Comeback…

I have had the great joy to post a great many articles in recent weeks announcing money raised for multiple early stage companies in our space. I wanted to put a quick recap for those counting at home. Just perhaps the economy is strengthening and companies are on the beginning of aggressive growth once again… Continue reading »

Predictability Competes with Confidence in 510(k) Revamp

FDA’s massive revamp of its battered 510(k) market-entry program for medical devices has emerged as a struggle between two primary competing goals: industry’s need for better predictability in the system, and the public’s need for restored confidence in the process at the agency. Continue reading »

I Guess Not…

A couple of weeks ago, Lanx made an announcement that Michael DeMane was taking over as Chairman and CEO of the company. This was widely viewed as a terrific move for a company. An announcement went out today that he has decided against joining the company. So what happened? Continue reading » | 1 Comment

House issues six-month reprieve on Medicare cuts

The U.S. House of Representatives approves a six-month stay in a 21 percent cut to Medicare reimbursement rates for physicians.

Nearly a week after a 21 percent cut to the Medicare reimbursement rate for doctors went into effect, the U.S. Congress voted to stop the cut for another six months

Surge in Complex Spinal Fusions Questioned

Even as the frequency of decompression surgeries has fallen, the rate of complex fusion procedures for the treatment of spinal stenosis has jumped 15-fold, a new study shows. Continue reading »

The Next IPO?

Expects to trade on Nasdaq Global Markets under symbol “TRNX”

Medical device company Tornier B.V. filed with the U.S. regulators on Tuesday to raise up to $205 million in an initial public offering. Continue reading »

When The FDA Comes Knocking, Is Your Company Prepared?

It’s become clear in the first four months of this year that the FDA is ratcheting up its efforts to protect the American consumer through stricter oversight of the life sciences industry. In both the pharmaceutical and medical device markets, the agency is investing greater time and resources in its review and oversight of individual companies and the industry as a whole, as several high-profile product-related incidents have had significant implications for consumer safety. Continue reading »

Partner Profile – The Perceptum Group

The Perceptum Group offers medical device companies a wide range of sales training, education, and management development programs that optimize sales force effectiveness-from advanced selling skills and professional leadership to conducting cadaveric training labs and teaching operating room etiquette. Perceptum has developed programs for some of the most successful medical device companies in the industry. Continue reading »

Med device firms eye job cuts due to health-care reform tax

Local companies plan to make cuts — including job reductions — in response to the upcoming 2.3 percent tax on medical device firms that was part of the national health reform overhaul bill, according to a survey commissioned by the Massachusetts Medical Device Industry Council, the state’s medical device industry association. Continue reading » | 2 Comments

Settle, Settle, Settle

In the recent release of their 1st Quarter Financial Results, Wright Medical cryptically references a possible settlement with the DOJ for the ongoing investigation. In anticipation of this settlement, Wright Medical absorbed the loses in the 1st Quarter of 2010. Here is a quick breakdown of how the investigation affected the results of early 2010… Continue reading » | 2 Comments

And the Winner is…..

James!

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