Disc Dynamics, a once-promising medical device start-up that raised about $65 million from investors, has shut down and is selling off its assets. The Eden Prairie company, which developed a minimally invasive technique to treat low back pain, failed to win a go-ahead from the Food and Drug Administration (FDA) […]
Medical device firm Disc Dynamics is closing after it couldn’t get its once-promising product to market.
There has been much ado about Kyphoplasty and Vertebroplasty in recent months beginning with the study published by the New England Journal of Medicine. Normally a well respected publication, it has been taking a lot of heat for publishing this report. It appears as though the studies were cut short from the projected number of patients because of a variety of reasons; however, the published findings were that Kyphoplasty and Vertebroplasty offer no benefit over a placebo.
SANTA ROSA – Medical device startup Osseon Therapeutics has reached break-even in three short years, and its bone cement delivery system is in high demand among physicians and surgery centers, said a company spokesman. After obtaining FDA approval and launching its Osseoflex system last year, Osseon has passed its 530th […]
February 08, 2010 by Astrid Fiano, DOTmed News Writer Las Vegas orthopedic spine surgeon Mark B. Kabins, M.D. has pleaded guilty to concealing a fraud. Daniel G. Bogden, United States Attorney for the District of Nevada, announced that Kabins has admitted in a plea agreement that he had used co-defendant medical […]
MINNEAPOLIS, Feb 08, 2010 (BUSINESS WIRE) — Medtronic, Inc. (MDT 41.42, -0.25, -0.60%) announced today that the company has donated nearly $900,000 in medical devices and surgical supplies to help meet urgent medical needs in Haiti. In response to numerous spine and crush injuries, the company provided spinal surgical implants such as rods, hooks […]
SAN ANTONIO, Feb. 4 /PRNewswire-USNewswire/ — Results from the first prospective study of minimally invasive facet arthrodesis and long-term data on spinal cord stimulation demonstrate the viability of these options to achieve pain relief in patients with various back pain conditions. The studies were presented today at the American Academy of Pain Medicine’s […]
San Francisco, CA, February 04, 2010 — US Capital Partners, Inc. (“USCP”) announced today that it has completed with Bridge Bank a $3.5 million senior secured credit facility to Consensus Orthopedics, Inc., headquartered in El Dorado Hills, CA. US Capital Partners is a private investment bank, direct lender, co-lender, and […]
CARLSBAD, Calif., Feb 4, 2010 (GlobeNewswire via COMTEX News Network) — Alphatec Holdings, Inc. (Nasdaq:ATEC), the parent company of Alphatec Spine, Inc., a leading medical technology company involved in the design, development, manufacturing and marketing of products for the surgical treatment of spine disorders, with a focus on treating conditions […]
OrthoSpineNews.com, a news site specifically for the Orthopedic and Spinal Device Industry is proud to announce the release of their app for iPhone and Android. Originally founded in 2008, OrthoSpineNews.com launched a new website design in January 2010 to meet the need of a more comprehensive news solution. Josh Sandberg, […]
PITTSBURGH, Feb. 4 /PRNewswire/ — Defense Technology International, an influential publication serving the defense and military markets, says medical device manufacturer Neuro Kinetics, Inc. (www.neuro-kinetics.com) is a company “to watch” for its research into new methods of detecting traumatic brain injuries (TBI) and mild traumatic brain injuries (mTBI) in wounded combat soldiers […]
CONMED Corporation (NASDAQ: CNMD) today announced financial results for the fourth quarter and year-ended December 31, 2009. Sales for the fourth quarter ended December 31, 2009 were $190.6 million compared to $179.2 million in the same quarter of 2008, an increase of 6.4% (2.6% in constant currency). GAAP diluted earnings […]
JACKSONVILLE, Fla.–(BUSINESS WIRE)–NovaBone Products, LLC has announced the relocation of its operations division to expanded and upgraded facilities where it will meet increasing demands of higher sales to a more geographically diverse distributor network. NovaBone Products is a privately-held company and a leader in developing bio-engineered bone graft substitutes to […]
We have been hearing rumblings over the past few months about a war going on between Osteotech and Apatech. In head to head competition, Osteotech totals revenues of around $100 million while Apatech, although privately held, is rumored to have revenues north of $50 million.
Osteotech is going through a constant change and it was reported that they recently “reorganized” their recently “reorganized” management team.
Semi-active robots and patient-specific templating and instrumentation will aid in surgeon accuracy, timing and positive results. By Anthony M. DiGioia III, MD; Branislav Jaramaz, PhD ORTHOPEDICS TODAY 2010; 30:18 Anthony M. DiGioia III Like many innovative concepts, robotics and navigation are still in transition, looking for the best match between […]
Celebrating 30 Years of Innovation in Neuromodulation, St. Jude Medical Unveils Latest Product at American Academy of Pain Medicine Annual Meeting
ST. PAUL, Minn., Feb 03, 2010 (BUSINESS WIRE) —-St. Jude Medical, Inc. (NYSE:STJ) today announced the U.S. Food and Drug Administration (FDA) clearance of the Swift-Lock(TM) anchor, a new product designed to help physicians efficiently secure neurostimulation leads utilized in spinal cord stimulation (SCS) therapy for the management of chronic […]