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Critical Trends in $286 Billion Global Medical Devices and Diagnostics Market Analyzed in New Report From HRI

CLEVELAND–(BUSINESS WIRE)–The global medical device and diagnostics (MD&D) industry generated nearly $286 billion in revenues in 2007, with continued gains in 2008 reflecting both organic growth and currency fluctuations. However, as of late 2008, sales have declined in selected markets due to cutbacks in hospital budgets and reductions in hospital […]

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First patient treated with implant for regenerative repair of articular cartilage and bone

Orthomimetics, the UK based regenerative medicine company, has enrolled the first patient in its European pilot clinical trial of Chondromimetic, the company’s flagship product for the repair of articular cartilage and bone. The single-centre study is being conducted under the supervision of world-renowned surgeon Professor Laszlo Hangody in Budapest, Hungary. […]

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Political Lobbying Drove FDA Process

WASHINGTON — The recent approval of a new device to treat knee injuries followed a lobbying campaign that overcame repeated rejections by scientists within the Food and Drug Administration, agency documents show. The FDA’s internal dissent over Menaflex, which targets the most-common knee injury afflicting everyone from high-school athletes to […]

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OrthoScan, Inc. Launches HD Mini C-Arm at Annual Academy of Orthopaedic Surgeons Meeting

SCOTTSDALE, Ariz.–(BUSINESS WIRE)–OrthoScan, Inc., a privately held medical device company based in Scottsdale, Arizona, launched the latest version of its Mini C-Arm product last week at the Annual Academy of Orthopaedic Surgeons meeting in Las Vegas. With its HD Mini C-Arm, OrthoScan provides orthopaedic surgeons with a state of the […]

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HHS Issues Special Report on Health Reform and Launches New healthreform.gov Web Site

Americans expressed serious concerns regarding health care in a new report released today by the Department of Health and Human Services. The report, Americans Speak on Health Reform: Report on Health Care Community Discussions, summarizes comments from the thousands of Americans who hosted and participated in Health Care Community Discussions […]

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Surgeons Perform Minimally Invasive Spine Surgery with US Spine’s Lock-Tight™ Device

MIDDLESEX, Conn.–(BUSINESS WIRE)–Spine surgeons at Middlesex Hospital in Middlesex Connecticut have performed a minimally invasive, posterior spinal fixation procedure on a 70-year-old patient using the Lock-Tight™ Facet System, a groundbreaking new technology that enables surgeons to fixate the facet joint without needing to perform an open procedure. The surgeons, Jeffrey […]

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Osteotech Reports Fourth Quarter and Full Year 2008 Financial Results; Company Plans Three Product Launches and Unveilings in 2009; Will Provide 2009

EATONTOWN, N.J., March 4 /PRNewswire-FirstCall/ — Osteotech, Inc.(Nasdaq: OSTE), a leader in the emerging field of biologic products for regenerative healing, today reported financial results for the fourth quarter and full year ended December 31, 2008. “The last twelve months were an important transitional time for Osteotech. Our entire team […]

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NeuroMetrix to Reorganize US Sales Operations

WALTHAM, Mass.–(BUSINESS WIRE)–NeuroMetrix, Inc. (Nasdaq: NURO), a science-based medical device company advancing patient care through the development and commercialization of innovative products that aid physicians in the assessment, treatment, and repair of peripheral nerve and spinal cord injuries and disorders, and that provide regional anesthesia and pain control, announced today […]

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SBi’s S.T.A.R. Total Ankle Replacement System Receives FDA Approvable Letter

NEW YORK–(BUSINESS WIRE)–Small Bone Innovations, Inc. (SBi), a single-source provider of innovation, products, technology and education for the small bone & joint sector of the orthopedics industry, announced today that an ‘Approvable Letter’ has been received from the U.S. Food and Drug Administration (FDA) for the Scandinavian Total Ankle Replacement […]