Michael Barbella, Managing Editor12.10.22
New pairings and products drove ODT website traffic this past week.
Acquisitions were announced by ARCH Medical Solutions, and Ekso Bionics, while Lazurite and the Hospital for Special Surgery publicized their collaboration.
ARCH Medical Solutions Corp. acquired Nicholas Precision Works (NPW). As a contract manufacturing company specializing in precision grinding, NPW provides surgical cutting tools and precision ground instruments to the medical industry. Founded by Tony Nicholas in 2014, NPW has established a manufacturing facility that supports the technical development and manufacturing needs of medical OEMs.
Ekso Bionics, meanwhile, acquired the Human Motion and Control (HMC) Business Unit from Parker Hannifin Corporation (Parker), a global leader in motion and control technologies. The acquisition includes the Indego lower limb exoskeleton line of products as well as the planned development of robotic-assisted orthotic and prosthetic devices. The deal expands Ekso’s product offering across the continuum of care to home and community use markets, grows Ekso’s product pipeline, and adds strategic relationships with key commercial and research partners, including Vanderbilt University. The collaboration with Vanderbilt is expected to provide a path for future research and product development.
Also garnering page views was the collaboration between Lazurite and the Hospital for Special Surgery. The partnership is based on Lazurite’s ArthroFree Wireless Surgical Camera System, a wireless surgical camera system cleared by the U.S. Food and Drug Administration for arthroscopy and general endoscopy. Through the HSS Innovation Institute, HSS and Lazurite will collaborate to advance surgical technology and techniques, including evaluation of specific aspects of ArthroFree and potential co-development of new arthroscopic technologies. HSS will conduct training sessions at the HSS Simulation Learning and Training Center and may also work with Lazurite on the co-development of future technologies that leverage the ArthroFree wireless camera and proprietary Meridiem light technology.
The new products attracting cybervisitor interest were Arthrex's minimally invasive bunionectomy system, designed to be an all-inclusive set to facilitate MI surgical bunion correction, and Bone Health Technologies' Osteoboost Vibration Belt. Study data indicate that Osteoboost can reduce vertebrall bone strength loss without causing any serious side effects or adverse events.
Acquisitions were announced by ARCH Medical Solutions, and Ekso Bionics, while Lazurite and the Hospital for Special Surgery publicized their collaboration.
ARCH Medical Solutions Corp. acquired Nicholas Precision Works (NPW). As a contract manufacturing company specializing in precision grinding, NPW provides surgical cutting tools and precision ground instruments to the medical industry. Founded by Tony Nicholas in 2014, NPW has established a manufacturing facility that supports the technical development and manufacturing needs of medical OEMs.
Ekso Bionics, meanwhile, acquired the Human Motion and Control (HMC) Business Unit from Parker Hannifin Corporation (Parker), a global leader in motion and control technologies. The acquisition includes the Indego lower limb exoskeleton line of products as well as the planned development of robotic-assisted orthotic and prosthetic devices. The deal expands Ekso’s product offering across the continuum of care to home and community use markets, grows Ekso’s product pipeline, and adds strategic relationships with key commercial and research partners, including Vanderbilt University. The collaboration with Vanderbilt is expected to provide a path for future research and product development.
Also garnering page views was the collaboration between Lazurite and the Hospital for Special Surgery. The partnership is based on Lazurite’s ArthroFree Wireless Surgical Camera System, a wireless surgical camera system cleared by the U.S. Food and Drug Administration for arthroscopy and general endoscopy. Through the HSS Innovation Institute, HSS and Lazurite will collaborate to advance surgical technology and techniques, including evaluation of specific aspects of ArthroFree and potential co-development of new arthroscopic technologies. HSS will conduct training sessions at the HSS Simulation Learning and Training Center and may also work with Lazurite on the co-development of future technologies that leverage the ArthroFree wireless camera and proprietary Meridiem light technology.
The new products attracting cybervisitor interest were Arthrex's minimally invasive bunionectomy system, designed to be an all-inclusive set to facilitate MI surgical bunion correction, and Bone Health Technologies' Osteoboost Vibration Belt. Study data indicate that Osteoboost can reduce vertebrall bone strength loss without causing any serious side effects or adverse events.
