News Front


  • Continuing Consolidation: Greatbatch Snaps Up Lake Region Medical

    And the consolidation continues—this time, on the supplier side. In less than two years, three companies have merged into one. Greatbatch Inc. has agreed to acquire medical device contract manufacturer Lake Region Medical for approximately $1.…
    09.15.15

  • Legal Battle Between Arthrex and KFx Medical Continues

    The legal feud between Arthrex and KFx shows no signs of slowing down. On July 31, after a federal appeals court confirmed a verdict that Arthrex infringed certain patents owned by KFx Medical and compelled Arthrex to pay in excess of $35 million…
    09.15.15

  • Titan Spine Extends its Reach in Europe with Acquisition of Distributor in Spain

    Titan Spine LLC entered a distribution agreement with Spain-based MBA to provide Titan’s line of Endoskeleton titanium implants to spine surgeons in six countries across Europe. Under the agreement, Titan Spine will provide its spinal interb…
    09.15.15

  • Providence Medical Technology Secures New Funding

    Providence Medical Technology Inc. has closed $12 million in new financing for the company. The proceeds will be used to further commercialize and expand its portfolio of DTRAX cervical fusion products designed to help patients suffering from cerv…
    09.15.15

  • Ulrich Medical Expands U.S. Workforce to Accommodate Spine Implant Business Growth

    Ulrich Medical USA Inc. is planning to increase its U.S. workforce in order to accommodate the increasing demands of its spine implant business, company officials recently announced. According to figures cited by the company, the expansion is due to…
    09.15.15

  • Nearly 17,000 Implants Affected by Latest Stryker Recall

    Kalamazoo, Mich.-based Stryker Corp. is recalling 16,992 orthopedic implants due to the potential of damage during shipping caused by flawed packaging. The recall notice from the U.S. Food and Drug Administration (FDA) includes five devices: the r…
    09.15.15

  • Still Room for Growth in U.S. Spine Implant Market, Analysts Claim

    Valued at more than $5 billion in 2015, the American spinal implant market will grow to $6.4 billion in the next 10 years, representing a compound annual growth rate of 2.4 percent, according to a report from Q2 Metrics Inc. The U.S. spinal implan…
    09.15.15

  • Integra LifeSciences Spins Off Orthobiologics Business

    Integra LifeSciences Holdings Corporation has completed the tax-free spin-off of its orthobiologics and spinal fusion hardware business, now known as SeaSpine Holdings Corporation. Integra stockholders received one share of SeaSpine common stoc…
    08.05.15

  • Bacterin International to Become Xtant Medical Holdings Following X-spine Systems Buy

    Publicly traded Bacterin International Holdings Inc., a developer of bone graft material, is purchasing the outstanding shares of privately held X-spine Systems Inc., a medical device manufacturer of products for spinal surgery, headquartered in Miam…
    08.05.15

  • Flower Orthopedics Receives CE Mark

    Horsham, Pa.-based Flower Orthopedics,  creator of the standardized, procedure-based, bone fixation concept the FlowerCube, has received the CE mark. The approval, according to company officials, opens the opportunity for significant expansion o…
    08.05.15

  • Tyber Medical Acquires Licensing Agreement for Antimicrobial Surface Coating Technology

    Tyber Medical LLC, a private-label manufacturer of spine and orthopedic implants, has acquired an exclusive licensing agreement for its BioTy antimicrobial surface coating technology. The company offered few specifics of the deal, naming neither its…
    08.05.15

  • Smith & Nephew Acquires Russian Orthopedic Manufacturer

    Smith & Nephew plc has acquired the trauma and orthopedics business of DeOst LLC and DC LLC, a manufacturing company in the DeOst group. DeOst has distributed Smith & Nephew’s products in Russia since 2009. According to a statement iss…
    08.05.15

  • SpineGuard’s First-Half Revenue Climbs 41 Percent

    Disposable medical device firm SpineGuard has grown its half-year revenue by 41 percent to nearly 3 million euros ($3.3 million) Global revenue in the year’s first half, ended June 30, increased 860,000 euros to 2.97 million euros, compared wit…
    08.05.15

  • OrthoSpace Begins U.S. IDE Trial

    Caesarea, Israel-based OrthoSpace Ltd. has enrolled the first three patients in its U.S. investigational device exemption (IDE) pivotal study. The study is a 184- patient randomized, single blinded control study that compares the company’s Insp…
    08.05.15

  • Following Successful First Quarter, Smith & Nephew Receives FDA Warning Letter for Quality Violation

    Smith & Nephew plc’s fiscal year is off to a good start. Revenue at the United Kingdom-based orthopedic device behemoth climbed 3 percent in the first quarter to $1.10 billion, driven by gains in emerging markets and sports medicine/trau…
    05.27.15

  • Italian Firm Buys Several Zimmer, Biomet Product Lines in Europe

    Zimmer Holdings Inc. and Biomet Inc. have sold several key product lines to Italian orthopedic company Lima Corporate to satisfy the terms of the pair’s pending merger agreement. Lima will purchase the Unicompartmental High Flex Knee from Zi…
    05.27.15

  • DePuy Synthes CMF Releases Biosynthetic Dura Repair Product

    West Chester, Pa.-based DePuy Synthes CMF, a division of DePuy Orthopaedics Inc., has released Synthecel dura repair, a biosynthesized dural replacement derived from cellulose for use in neurosurgery. DePuy Synthes CMF is a part of the DePuy Synthes…
    05.27.15

  • Investors Fund Efforts in Cartilage Repair, Knee Pain

    Maybe medtech financing isn’t dead after all. Investors have pledged $41.5 million in support of two companies attempting to address the stubborn and costly issues of knee pain and cartilage repair. Alpharetta Ga.-based Cartiva Inc., which m…
    05.27.15

  • ConforMIS Settles Patent Infringement Suits

    The legal war between ConforMIS Inc. and Wright Medical Technology Inc. officially is over. The two companies have settled a lawsuit ConforMIS filed against Wright in September 2013 alleging the Prophecy knee and ankle systems infringe four of its…
    05.27.15

  • Flint Rehabilitation Devices Receives NIH Grant for Rehab Glove

    Irvine, Calif.-based Flint Rehabilitation Devices LLC has been awarded a $1.5 million grant from the NIH to conduct randomized controlled trials of Musicglove, its hand rehabilitation device, on people with spinal cord injury and people who have rece…
    04.01.15