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Globus Medical Announces Jury Verdict in Patent Infringement Lawsuit
AUDUBON, Pa.–(BUSINESS WIRE)– Globus Medical, Inc. (GMED), a leading spinal implant manufacturer, today announced that the jury in a patent infringement case in the U.S. District Court in Delaware brought by DePuy Synthes Products, LLC (“Synthes”) has returned a verdict. Although a formal judgment has not …
Breaking News – Medtronic Sues
As a follow-up to our post from Friday regarding Medtronic’s IP lawsuits, we have uncovered additional information on the alleged patent infringement suits that Medtronic has apparently decided
Medtronic new line of Business? IP Trolling?
On June 5, 2013 a never heard of before Dallas based company Orthophoenix, LLC filed multiple patent infringement cases against 6 different companies: Wright Medical, Soteira (now owned
TranS1 Inc. Announces Closing of Acquisition of Baxano, Inc. and Financing Transaction; Changes Name to Baxano Surgical, Inc.
Trading under new ticker symbol "BAXS" to begin June 3, 2013
Completes financing of $17.2M at $2.28/share
Two directors and Vice President of Operations appointed from former
Zimmer Acquires Knee Creations, LLC’s Business
Zimmer Expands Portfolio of Technologies Addressing the Continuum of Care for Knee Patients with Addition of Unique Subchondral Joint Preservation Treatment WARSAW, Ind., May 2, 2013 /PRNewswire/ -- Zimmer
SpineGuard IPO drums up $11M
SpineGuard says its initial public offering raised €8 million, or about $11 million, for its PediGuard pedicle screw guide. SpineGuard (EPA:ALSGD) said its initial public offering on Europe's
Michael D. Drobot-Owned Pacific Hospital and Pharmacy Raided by Feds Suspecting Fraud
Federal agents recently raided Industrial Pharmacy Management LLC in Newport Beach and Pacific Hospital of Long Beach, which are companies owned by Michael D. Drobot, who is suspected
Layoffs ahead for Medtronic’s spinal business
Medtronic confirms with MassDevice.com today that the company is expecting layoffs as a result of restructuring planned for its spinal devices business. Medical device company Medtronic (NYSE:MDT) confirmed today
U.S. Inspector General Issues Fraud Alert on Doctor-Owned Distributors
The U.S. Office of Inspector General (OIG) has issued a warning about the risk of fraud when doctors own medical device distributors. In a report released on Tuesday, the
How Orthopedics Will Change In The Next 10 Years
Although there are some variables, overall the future is very bright for the orthopedic field and for the professionals employed there. In addition to new and improved technologies,
Good Friday
The following took place around 1,980 years ago. Let us all remember the sacrifice that was made that day and what it means to all of us still
Could a New Casting Material Revolutionize Fracture Management Globally?
Fifty years later, a revolutionary technology has finally arrived as the next effective generation of casting material, PolyTrexx™ polymer by Fast Form Research. Casting improvements have been
Welcome to Chicago
It is that time of year again folks. A great opportunity to hobnob with surgeons, catch up with old friends and find the next great technology (an possibly
Wright Medical Group Inc. completes acquisition of BioMimetic Therapeutics
Wright Medical Group Inc. recently announced that it has completed its acquisition of BioMimetic Therapeutics Inc. According to a company release, the move will further accelerate growth opportunities in
Orthofix International Appoints Brad Mason as President and Chief Executive Officer
LEWISVILLE, Texas--(BUSINESS WIRE)--Orthofix International N.V., (NASDAQ:OFIX) (the Company) announced today that it has appointed Brad Mason as its President and Chief Executive Officer, effective immediately. Mr. Mason succeeds