Financial

Goldman Neutral On Stryker (SYK)
Financial

Goldman Neutral On Stryker (SYK)

Goldman Sachs has a Neutral rating on Stryker Corp. (NYSE: SYK) after the company announced a sale of a division. In a note sent to investors Goldman writes, “This evening, Stryker announced the sale of its OP-1 (spinal biologics, around 1% of sales) for $60 mn to Olympus. The sale includes OP-1 Implant, OP-1 […]

Financial

Hospitals, Healthcare Providers to Benefit from New Premier Agreements for Orthopedic Autotransfusion

CHARLOTTE, N.C.–(BUSINESS WIRE)–Premier Purchasing Partners, LP, today announced new agreements for orthopedic autotransfusion have been awarded to Stryker Corporation of Portage, Mich.; and Zimmer US Inc. of Warsaw, Ind. Effective November 1, 2010, the agreements are available to acute care and continuum of care members of the Premier healthcare alliance. About […]

Financial

Alphatec Spine Announces Debt Refinancing

CARLSBAD, Calif., Nov 1, 2010 (GlobeNewswire via COMTEX) — Alphatec Holdings, Inc.(ATEC 2.15, +0.00, +0.12%), 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

Cardo Medical, Inc. Announces Layoffs

LOS ANGELES, Oct. 7, 2010 (GLOBE NEWSWIRE) — Cardo Medical, Inc. (OTCBB:CDOM), an orthopedic medical device company based in Beverly Hills, California, announced today that it terminated 15 of its 30 employees in varying functions and that its Chief Executive Officer, Andrew Brooks, M.D. and President and Chief Operating Officer, […]

Financial

Orthofix International to Participate in Morgan Stanley Unplugged Healthcare Conference

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 […]