Financial

Financial

NuVasive (NUVA) Showing 30% to 35% Revenue Growth In 2010; Introduction Of Lateral Access Spine Surgery Critical To Operations

April 19, 2010 – The Wall Street Transcript has just published Medical Devices Reportoffering a timely review of the Health Services sector. This Special Report contains expert industry commentary through in-depth interviews with public company CEOs, Equity Analysts and Money Managers. Please find an excerpt below. Joanne K. Wuensch is a Research […]

Financial

Alphatec Holdings Announces Pricing of Public Offering of Common Stock

CARLSBAD, Calif., Apr 16, 2010 (GlobeNewswire via COMTEX) — Alphatec Holdings, Inc.(ATEC 5.68, +0.08, +1.43%), the parent company of Alphatec Spine, Inc., a medical device company that designs, develops, manufactures and markets products for the surgical treatment of spine disorders, with a focus on treating conditions related to the aging spine, announced […]

Financial

Biomet Announces Financial Results for Third Quarter of Fiscal Year 2010

WARSAW, Ind.–(BUSINESS WIRE)–Biomet, Inc. announced today financial results for its third fiscal quarter ended February 28, 2010. Net sales increased 9% (6% constant currency) to $670 million worldwide, with 6% growth in the U.S. Reconstructive sales, excluding dental, increased 13% (10% constant currency) worldwide, with U.S. growth of 11% Knee […]

Financial

NuVasive Announces Conference Call and Webcast of First Quarter 2010 Results

SAN DIEGO, April 12 /PRNewswire-FirstCall/ — NuVasive, Inc. (Nasdaq: NUVA), a medical device company focused on developing products for minimally disruptive surgical treatments for the spine, announced details today relating to its first quarter 2010 earnings announcement, which will take place on Tuesday, April 20, 2010, after the close of the market. NuVasive will […]

Financial

MiMedx Group Announces Conversion of Notes

MARIETTA, Ga., April 5 /PRNewswire-FirstCall/ — MiMedx Group, Inc. (OTC Bulletin Board: MDXG) announced today that it has elected to convert its 3.00% Convertible Senior Secured Notes into Common Stock effective March 31, 2010. In April 2009, the Company issued $3.472 million principal amount of its 3.00% Senior Secured Convertible Notes, with a Maturity Date in April […]

Financial

Zimmer Upped to Neutral

We recently upped Zimmer Holdings, Inc. (ZMH – Analyst Report) to ‘Neutral’ with a target price of $61 based on a P/E of roughly 14.3x our fiscal 2010 EPS estimate of $4.27. Our decision on upgrading the stock was based on the company’s strong fourth quarter fiscal 2009 results. Zimmer reported earnings […]

Financial

Interim results for the period ended 31st Jan 2010

Fusion IP plc (AIM: FIP), the university IP commercialisation company that turns world class research into business, is pleased to announce its Interim Results for the six months ended 31 January 2010. Highlights: –                 Generated our first profit, £0.9m (Jan 09: loss of £0.5m), excluding subsidiary spin-out costs and amortisation. Loss […]

Financial

Spine implant co NLT raises $8.8m

Minimally invasive surgery spinal implant developer Non Linear Technologies Ltd. (NLT) has raised $8.8 million. Moshe (Mori) Arkin and Dr. Uri Geiger’s Accelmed led the round, alongside current investor Peregrine Ventures, which has funded the company since it was at the fund’s Incentive Technological Incubator. Peregrine partner and Teva chairman Philip Frost also invested […]

Financial

Alphatec Spine Announces Stockholder Approval of Share Issuance Related to the Acquisition of Scient’x Groupe SAS

CARLSBAD, Calif., March 17, 2010 (GLOBE NEWSWIRE) — Alphatec Holdings, Inc. (Nasdaq:ATEC), the parent company of Alphatec Spine, Inc., a medical device company that designs, develops, manufactures and markets products for the surgical treatment of spine disorders, with a focus on treating conditions affecting the aging spine, announced today that […]