Relievant Medsystems announced today that it released its Intracept simulator system, a training platform for the Intracept procedure. Further progress for Relievant and Intracept follows Tuesday’s major news of an agreement for Boston Scientific to acquire the company. Boston Scientific officials went into further detail on their expectations for the Relievant deal at the company’s […]
Orthopedics
Orthofix launches new fixation system, first cases performed
Orthofix Medical today announced the full U.S. commercial launch and initial successful cases of its Galaxy Fixation Gemini system. Lewisville, Texas-based Orthofix’s latest Galaxy product offers stable external fixation. It comes in several sterile procedure kit configurations as a quick, off-the-shelf solution. The system treats fractures resulting from trauma in the lower and upper limbs. […]
Stryker launches minimally invasive surgical bunion treatment
Stryker announced that it launched the PROstep MIS Lapidus fixation system for bunions. Kalamazoo, Michigan-based Stryker designed the system to treat bunions using a minimally invasive surgical reduction. It uses the hallux valgus deformity and subsequent fusion of the first metatarsal cuneiform joint. Traditionally, surgeons performing Lapidus bunion procedures use an open approach. Stryker cites […]
Boston Scientific to acquire nerve ablation tech developer Relievant Medsystems for $850M
Boston Scientific announced today that it entered into a definitive agreement to acquire Relievant Medsystems. The transaction includes an upfront cash payment of $850 million. Additional payments are contingent on sales performance over the next three years. Minneapolis-based Relievant developed and commercialized the Intracept intraosseous nerve ablation system for chronic pain. The minimally invasive, FDA-cleared, […]
Stryker unveils next-gen minimally invasive surgical camera
Stryker announced today that it unveiled its next-generation 1788 surgical camera platform. Kalamazoo, Michigan-based Stryker designed the fully enhanced, minimally invasive camera to advance surgery across multiple specialties. The all-in-one surgical camera platform offers more vibrant images with balanced lighting. It also features a wider color gamut and clearer delineation of fluorescence signals, Stryker said […]
Aurora Spine launches SiLO TFX MIS sacroiliac joint fixation system
Aurora Spine (OTCQB:ASAPF) announced today that it began the full commercial release of its SiLO TFX MIS system. Carlsbad, California-based Aurora Spine designed the device for minimally invasive sacroiliac joint fixation. It treats conditions including sacroiliac joint disruptions and degenerative sacroiliitis. SiLO TFX includes a transfixing cone, an ilium screw, a sacrum screw and associated […]
FDA clears Pangea trauma systems from Stryker
Stryker (NYSE:SYK) announced today that its Pangea systems — including femur, fibula, tibia, humerus and utility — received FDA 510(k) clearance. Kalamazoo, Michigan-based Stryker designed its Pangea systems with collaborative efforts from world-renowned orthopedic surgeons. The plates offer an evidence-based design for implant fit. The company said in a news release that it designed the […]
Analysts downgrade Orthofix after the company terminates executives with cause
Orthofix today announced a slew of executive changes after terminating its CEO, CFO and chief legal officer with cause. Shares of OFIX sank nearly 25% at $14.06 apiece in midday trading today. MassDevice’s MedTech 100 Index — which includes stocks of the world’s largest medical device companies — fell nearly 1%. The Lewisville, Texas-based company’s […]
Centinel Spine divests spine fusion business
Centinel Spine announced that it entered into a definitive agreement to sell its global spine fusion product portfolio to Silony Medical. The companies expect the transaction to close within 45 days. The companies declined to disclose the terms of the divestiture of the portfolio and related assets. West Chester, Pennsylvania–based Centinel Spine says the sale […]
Moximed implants first Misha knee shock absorber
Moximed announced today that doctors completed the first commercial cases for its Misha knee system, an implantable shock absorber (ISA). In April, the FDA granted Misha de novo clearance for the treatment of medial knee osteoarthritis (OA). Its indication covers people with medial knee OA who failed to find relief from non-surgical or surgical treatment. […]
Zimmer Biomet makes a handful of executive changes under new CEO
Zimmer Biomet announced today that it made a number of updates to its leadership team. The changes follow the recent appointment of Ivan Tornos to CEO after Bryan Hanson left for the corner office at 3M Health Care. Amid the changes, Zimmer Biomet named Wilfred van Zuilen group president, EMEA, and promoted Mark Bezjak to […]
