Financial

Implanet Announces 2016 Annual Results
Financial

Implanet Announces 2016 Annual Results

March 28, 2017 BORDEAUX, France & BOSTON–(BUSINESS WIRE)–Regulatory News: IMPLANET (Paris:IMPL) (OTCQX:IMPZY) (Euronext: IMPL, FR0010458729, PEA-PME eligible), a medical technology company specializing in vertebral and knee-surgery implants, announces its annual results for the financial year to December 31, 2016, as approved by the Board on March 24, 2017. Ludovic Lastennet, CEO […]

Sports Medicine Devices Market Worth US$ 9.3 billion Globally by 2022
Financial Sports Medicine

Sports Medicine Devices Market Worth US$ 9.3 billion Globally by 2022

Press release from: Market Research Engine Research Reports New York, March 24: Market Research Engine has published a new report titled as “Sports Medicine Devices Market By Product Analysis (Accessories, Body Evaluation and Monitoring, Body Repair and Reconstruction, Support and Recovery Products, Orthopedic Products); By Application Analysis (Hand-wrist, Ankle-foot, Shoulders, […]

Moximed Closes Oversubscribed $50MM Financing Round
Financial

Moximed Closes Oversubscribed $50MM Financing Round

 News Release – March 16, 2017 HAYWARD, Calif.–(Healthcare Sales & Marketing Network)–Moximed®, Inc., developer of unicompartmental load absorber implants for active patients with painful knee osteoarthritis (OA), announced today an oversubscribed Series C round of $50MM with new investors Advent Life Sciences and Future Fund joining existing investors NEA, Morgenthaler […]

2016: A Historic Year for VEXIM
Financial

2016: A Historic Year for VEXIM

March 22, 2017 02:00 AM Eastern Daylight Time TOULOUSE, France–(BUSINESS WIRE)–Regulatory News: VEXIM (Paris:ALVXM) (FR0011072602 – ALVXM), a medical device company specializing in the minimally invasive treatment of vertebral fractures, today announces its consolidated annual results (IFRS1) as of December 31st, 20162. « Our 2016 results represent a historic turning point […]

UnitedHealth Group Announces Extension of Exchange Offer to Acquire Surgical Care Affiliates, Inc.
Financial

UnitedHealth Group Announces Extension of Exchange Offer to Acquire Surgical Care Affiliates, Inc.

March 17, 2017 MINNETONKA, Minn.–(BUSINESS WIRE)–UnitedHealth Group Incorporated (NYSE: UNH) today announced that it has extended the expiration of its previously announced exchange offer for all of the outstanding shares of Surgical Care Affiliates, Inc. (NASDAQ: SCAI) (“SCA”), a leading ambulatory surgery center and surgical hospital provider. The exchange offer, […]

Medacta International Expands Relationship With OREF to Advance Orthopedic Research and Innovation
Financial Recon

Medacta International Expands Relationship With OREF to Advance Orthopedic Research and Innovation

March 16, 2017 CHICAGO–(BUSINESS WIRE)–Medacta International, the privately held, family-owned global leader in the design of innovative joint replacement and spine surgery products, today reaffirmed its partnership with the Orthopaedic Research and Education Foundation (OREF) to advance new frontiers of orthopedic discovery. Effective immediately, and building upon their work together […]

InVivo Therapeutics Reports 2016 Year-end Financial Results and Business Update
Financial

InVivo Therapeutics Reports 2016 Year-end Financial Results and Business Update

March 10, 2017 CAMBRIDGE, Mass.–(BUSINESS WIRE)–InVivo Therapeutics Holdings Corp. (NVIV) today reported financial results for the year ended December 31, 2016. Mark Perrin, InVivo’s CEO and Chairman, said, “2016 was a year marked by meaningful and significant progress. In 2016, we: received approval for converting the Neuro-Spinal Scaffold™ pilot study […]

No Bones About It, Bundled Payments Reduce Costs: Study Shows 20% Cost Reduction
Financial

No Bones About It, Bundled Payments Reduce Costs: Study Shows 20% Cost Reduction

By Remedy Partners – February 1, 2017 A significant study published in the JAMA Internal Medicine at the beginning of the year demonstrates how a health system effectively reduced episodic expenditures through bundled payments by 20 percent. Notwithstanding the rising national costs of joint replacements, Baptist Health System (BHS) saved $20 million over […]

Xtant™ Medical Reports Record Fourth Quarter Revenue of $24.5 million, 10% Growth Compared to Prior Year Period
Financial

Xtant™ Medical Reports Record Fourth Quarter Revenue of $24.5 million, 10% Growth Compared to Prior Year Period

March 09, 2017 Fourth Quarter 2016 Highlights: Consolidated total revenue increased 9.9% to a record $24.5 million compared to fourth quarter 2015 revenue of $22.3 million Consolidated gross profit increased 17.4% to $17.5 million compared to fourth quarter 2015 gross profit of $14.9 million Consolidated gross margins improved to 71.6%, […]

Vertiflex, Inc. Completes $40 Million Financing Round
Financial

Vertiflex, Inc. Completes $40 Million Financing Round

March 08, 2017 CARLSBAD, Calif.–(BUSINESS WIRE)–Vertiflex, Inc., a leading innovator of advanced, minimally invasive interventions for spinal stenosis, today announced completion of a $40M financing round. New investors, Endeavour Vision and H.I.G. BioHealth Partners led the financing alongside existing investors, New Enterprise Associates; Thomas, McNerney & Partners; and Alta Partners. […]