BOSTON–(BUSINESS WIRE)–Orthofix International N.V., (NASDAQ:OFIX) (the Company) announced today that it will participate in the Morgan Stanley Unplugged Healthcare Conference in New York City.
Chief Executive Officer Alan Milinazzo is scheduled to give a presentation on Monday,
September 13th, at 1:00 PM Eastern Time at the Grand Hyatt New York Hotel… Continue reading »
BOSTON, Aug 31, 2010 (BUSINESS WIRE) — Orthofix International N.V. (OFIX 26.80, -0.28, -1.03%) (the Company) announced today that it has established a new $300 million five-year credit facility, including a $200 million senior secured revolving line of credit and a $100 million senior secured term loan. JP Morgan Chase Bank, N.A. acted as Sole… Continue reading »
Medtronic Inc., the world’s largest medical device maker, reported fiscal first–quarter earnings Tuesday in line with Wall Street expectations, but weaker global demand for medical implants forced the company to slash 2011 earnings expectations.
The Minneapolis–based company reported weaker–than–expected sales across all its major divisions, including heart–shocking defibrillators, pacemakers and spinal repair products… Continue reading »
Kensey Nash (NASDAQ:KNSY), a medical device company that provides technologies for medical procedures, saw its fourth quarter profits for 2010 increase 25.6% year-over-year, while its profits for the entire fiscal year decreased by 3% on account of a decline in product sales.
The company reported profits of $5.9 million for the fourth quarter, or… Continue reading »
OSTEOTECH, INC. and SUBSIDIARIES
CONSOLIDATED STATEMENTS OF OPERATIONS
(dollars in thousands, except per share data)
(unaudited)
Three Months
Six Months
Ending June 30,
Ending June 30,
2010
2009
WILMINGTON, N.C., Aug. 5, 2010 (GLOBE NEWSWIRE) — TranS1 Inc. (Nasdaq:TSON), a medical device company focused on designing, developing and marketing products that implement its proprietary approach to treat degenerative conditions of the spine affecting the lower lumbar region, today announced its financial results for the second quarter ended June 30, 2010… Continue reading »
SAN DIEGO, CA, Jul 27, 2010 (MARKETWIRE via COMTEX) —
NuVasive, Inc. (NASDAQ: NUVA)
– Total revenue of $119.6 million, up 35.2% over second quarter 2009
– GAAP earnings of $6.7 million, or $0.17 per share; Non-GAAP earnings
of $17.0 million, or $0.42 per share
– Non-GAAP operating margin of 15.8%, up from… Continue reading »
China Kanghui Holdings, which is a leading China-based manufacturer and marketer of orthopedic implants, filed on Friday with the SEC to raise up to $75 million in an initial public offering. The Changzhou-based company, which was founded in 1997 and booked $29 million in sales over the last 12 months, plans to list on the… Continue reading »
Shares of medical-device makers fell Wednesday after some of the sector’s heavy hitters signaled ongoing struggles in top markets for orthopedic and heart devices, which face growth challenges and a persistent threat to product prices.
Second-quarter reports from Johnson & Johnson (JNJ) and Stryker Corp. (SYK) indicated the market for replacement hips and knees… Continue reading »
Zimmer Holdings Inc.’s (ZMH) second-quarter profit slid 21% on higher charges and lower margins, although the maker of orthopaedic products such as knee implants and spinal devices posted improved sales across nearly all regions and product lines.
Ahead of Zimmer’s report, results from a smaller rival Biomet Inc. sent positive signals about the health… Continue reading »
For more information please contact, Tina Fernandez, Foot… Continue reading »
The Securities and Exchange Commission has not necessarily reviewed the information in this filing and has not determined if it is accurate and complete.
The reader should not assume that the information is accurate and complete.
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM D
BOSTON–(BUSINESS WIRE)–Orthofix International N.V., (NASDAQ: OFIX) (the Company) announced today that it will host a conference call and webcast on Wednesday, July 28th, at 4:30 PM Eastern Time to discuss the Company’s results for the second quarter ended June 30, 2010, which will be released at approximately 4:00 PM Eastern that same day… Continue reading »
WASHINGTON — Medtronic Inc., the world’s largest medical device maker, paid Chief Executive William Hawkins $9 million in total compensation for fiscal 2010, roughly even with his earnings in the prior year, according to an analysis by the Associated Press.
Hawkins, 56, took the reins of Medtronic in 2008, replacing Art Collins, who had… Continue reading »
LYON, France–(BUSINESS WIRE)–The MEDICREA Group (Paris:ALMED)(listed on Alternext by NYSE Euronext Paris), a specialist in the design, manufacture and sale of spinal implants, is publishing its sales figures for the first half of 2010.