Financial

Biologics Financial

SANUWAVE Health Reports 2009 Third Quarter Results

ALPHARETTA, Ga.–(BUSINESS WIRE)–SANUWAVE Health, Inc., (OTC BB: SNWV) (www.sanuwave.com), an emerging medical technology company focused on the development and commercialization of non-invasive, biological response activating devices in the regenerative medicine area, reports its achievements and financial results for the three and nine months ended September 30, 2009. Christopher M. Cashman, […]

Financial Spine

Ortho Kinematics Raises $3.5 Million and Relocates to Austin, TX

AUSTIN, Texas–(BUSINESS WIRE)–Ortho Kinematics, a privately held spine diagnostics company focused on revolutionizing spine motion analysis, announced today that it has completed a $3.5 million funding round. Investors include PTV Sciences, the State of Texas Emerging Technology Fund, and Gatebridge Investments. The company is commercializing the KineGraph VMA™ (Vertebral Motion […]

Financial Recon

Stryker Announces Agreements To Acquire OtisMed Assets

KALAMAZOO, Mich., Nov. 10 /PRNewswire-FirstCall/ — Stryker Corporation (NYSE: SYK) announced today that it has acquired OtisMed Corporation, a privately held, software technology firm. OtisMed will focus on customizable instrumentation that has the potential to complement the many benefits that surgeons and patients realize from Stryker’s Triathlon Knee System, as […]

Extremities Financial Neuro Recon Spine Sports Medicine

Robert E. Kirby, President and Chief Executive Officer Announces Resignation

WILMINGTON, Mass.–(BUSINESS WIRE)–Accellent, a leading provider of outsourced precision manufacturing and engineering services to the medical device industry, announced today that effective November 13, 2009, Robert E. Kirby is leaving the company. Mr. Kirby has accepted a position with a consumer products firm, marking his return to an industry in […]

Financial

Bovie Medical Corporation Announces Third Quarter Financial Results

MELVILLE, N.Y.–(BUSINESS WIRE)–Bovie Medical Corporation (the “Company”) (NYSE Amex: BVX), a manufacturer and marketer of electrosurgical products, today announced its financial results for the third quarter ended September 30, 2009. Third quarter revenues totaled $6,371,371 compared to $7,295,793 recorded in the comparable period last year, resulting in net loss of […]

Financial

Alphatec Spine Announces Third Quarter 2009 Revenue and Financial Results

Record Revenue of $32.7 Million; 9th Consecutive Quarter of Record Revenue; Adjusted EBITDA Increases to $3.6 Million CARLSBAD, Calif., Nov 9, 2009 (GlobeNewswire via COMTEX News Network) — Alphatec Holdings, Inc. (Nasdaq:ATEC), the parent company of Alphatec Spine, Inc., a medical device company that designs, develops, manufactures and markets products […]

Financial

Smith & Nephew surges

Smith & Nephew PLC posted a 73 percent profit surge in the third quarter, bolstered by an improving orthopedic market in the United States. The London-based medical device maker generated $128 million in profits for the quarter, up from $74 million it reported in the third quarter 2008. Adverse currency […]

Financial Spine

NuVasive Appoints New Chief Financial Officer and Announces Additional Management Updates

SAN DIEGO, Nov. 6 /PRNewswire-FirstCall/ — NuVasive, Inc. (Nasdaq: NUVA), a medical device company focused on developing products for minimally disruptive surgical treatments for the spine, announced today the appointment of Michael J. Lambert as Executive Vice President and Chief Financial Officer, effective November 9, 2009. The Company also announced […]

Financial

Greatbatch, Inc. Reports 2009 Third Quarter Results

CLARENCE, N.Y.–(BUSINESS WIRE)–Greatbatch, Inc. (NYSE:GB – News), today announced results for its third quarter ended October 2, 2009: * CRM/Neuromodulation revenue growth of 5%* Orthopaedic and Electrochem revenue negatively impacted by market slowdown* GAAP operating results include impact of $34.5 million Electrochem litigation charge* Cash flows from operations of $29 […]