• Uncategorized
    MAKO Surgical Corp. Stockholders Approve Previously Announced Potential Additional Equity Funding

    FORT LAUDERDALE, Fla., Jan. 27, 2009 (GLOBE NEWSWIRE) — MAKO Surgical Corp. (Nasdaq:MAKO), a medical device company focused on marketing its MAKO RIO(tm) System, a robotic arm interactive orthopedic surgical platform, and its RESTORIS(r) implants for minimally invasive orthopedic knee procedures known as MAKOplasty(r), announced today that it received necessary stockholder approval...

  • Uncategorized
    Osteotech Expands Senior Management Team; New Executives to Drive Sales Force Strategies and Therapy-Based Solutions

    EATONTOWN, N.J., Jan. 27 /PRNewswire/ — Osteotech, Inc. (Nasdaq: OSTE – News), a leader in the emerging field of biologic products for regenerative healing, announced today that it has appointed two experienced industry leaders to serve in the Company’s newly created roles of Senior Vice President of Sales and Senior Vice President...

  • Uncategorized
    Innovative Spinal Technologies Jilted, Now Bankrupt, Source Says

    Last night we reported that Mansfield, MA-based Innovative Spinal Technologies, a maker of implants to correct degenerative spinal disorders, had gone dark—the company’s website was down and phone calls were going unanswered. A former employee who left the company in December now tells Xconomy that IST shut its doors on Friday, filed...

  • Uncategorized
    Grassley, Kohl Continue Campaign To Disclose Financial Ties Between Doctors And Drug Companies

    WASHINGTON – U.S. Senators Chuck Grassley (R-IA) and Herb Kohl (D-WI) today introduced legislation to require makers of pharmaceuticals, medical devices and biologics to publicly report money they give to doctors over $100 every year. The Physician Payments Sunshine Act of 2009 would establish a nationwide standard requiring drug, device and biologic...

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    K2M Introduces a Simplified Minimally Invasive Surgical Technique for Dynamic Stabilization of the Spine

    LEESBURG, Va.–(BUSINESS WIRE)–K2M, Inc., the spinal device company developing innovative and simplified solutions for the treatment of complex spinal pathologies and procedures, today announced the introduction of a revolutionary minimally invasive approach to dynamic fixation of the spine. The POTOMAC™ Rod System and the SERENGETI™ Minimally Invasive Retractor System have received CE...

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    Detroit Medical Center Announces the First Implantation of ConforMIS’ Personalized Knee Resurfacing System in Michigan

    DETROIT–(BUSINESS WIRE)–DMC Huron Valley-Sinai Hospital announced today the first implantations of a patient-specific, partial knee resurfacing implant designed and manufactured by ConforMIS, Inc. have been performed in Michigan. The novel implant system is intended for patients suffering from the earlier stages of osteoarthritis of the knee, a condition that affects more than...

  • Uncategorized
    DePuy Revenues Climb in 4th Quarter

    DePuy’s revenues grew 8.3% for the fourth quarter in 2008.Its parent, Johnson & Johnson, didn’t fare as well as the entire company’s operational growth declined by 1%. It was the first revenue decline in many years at J&J. Revenue growth for DePuy in the U.S. was up 10%; while worldwide it was...

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    DiFUSION Technologies Completes Successful Testing of Antimicrobial Spinal Implant

    Austin, Texas – January 26, 2009 – DiFUSION Technologies, Inc., a medical device company targeting the orthopaedic market, has successfully completed a series of laboratory tests of its silver ion-based antimicrobial technology designed to mitigate Surgical Site Infections (SSIs) in spinal surgery. The technology will be incorporated into DiFUSION’s first spinal implant...

  • Uncategorized
    Stryker Kickback Lawsuit Tossed Out

    A federal judge has granted Stryker Orthopaedics’ motion to dismiss a class action suit alleging the company engaged in a kickback scheme to physicians in return for their use of its hip and knee replacement products. As a result of the alleged scheme, the plaintiff, Goldene Somerville, claims she was forced to...

  • Uncategorized
    Biomet Releases 2Q09 Revenues

    The second quarter revenue numbers for 2009 showed total sales up 6% to $643 million. Hips – up 10%Knees – up 7%Spine – up 8%Fixation – up 2%Dental – down 2%

  • Uncategorized
    FDA OKs first human trials using embryonic stem cells

    CHICAGO – The U.S. Food and Drug Administration said Friday that a California-based company can begin the nation’s first human clinical trials using embryonic stem cells. Geron Corp. will this year begin such cells in a clinical trial of spinal cord patients. If Geron’s trials are successful, it opens the door to...

  • Uncategorized
    NuVasive Announces Preliminary Unaudited Full Year 2008 Financial Results

    SAN DIEGO, Jan. 23 /PRNewswire-FirstCall/ — NuVasive, Inc. (Nasdaq: NUVA), a medical device company focused on developing products for minimally disruptive surgical treatments for the spine, today announced preliminary unaudited financial results for the full year ended December 31, 2008 and provided financial guidance for the full year 2009. NuVasive anticipates full...

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