Wright Medical (NSDQ:WMGI) today made good on its previously predicted 12.7% increase in fourth-quarter sales, boosted by a 29% jump in U.S. sales of its upper extremity surgical solutions for the shoulder, elbow, wrist and hand. The earnings results, reported after market close, included sales of $217.6 million for the quarter ended Dec. 31. Profits were $29.1 […]
Orthopedics
Welcome to MassDevice's Orthopedics Hub, your resource for the latest in orthopedic news. Stay informed about the innovations and business news shaping the ortho device industry.
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Implants | Metal-on-Metal | Spine
Here are the top orthopedic device features from MassDevice and its sister publications (and scroll down to read the latest cardiology device news from MassDevice):
+ The biggest stories from AAOS 2024
+ The 10 largest orthopedic device companies in the world
+ The ZimVie Tether helps kids with scoliosis — if they can get it in time
+ Could 2023 be a boom year for orthopedic devices?
+ The top orthopedic device news out of AAOS 2023
🎙️ Tune in to the Ortho Innovation Talks podcast on the DeviceTalks podcast network.
Latest Orthopedics News
Orthofix swings to Q4 black
Orthofix (NSDQ:OFIX) yesterday put black ink in the ledger for the fourth quarter and beat the consensus forecast as it contemplates moving its corporate registration from Curacao to the U.S. The Lewisville, Texas-based orthopedics company posted profits of $1.6 million, or 8¢ per share, on sales of $116.9 million for the three months ended Dec. 31, 2017, […]
NuVasive teases robotics offering with Street-meeting Q4
NuVasive Inc. (NSDQ:NUVA) executives yesterday teased the robot-assisted surgery solution it’s developing for spinal procedures in discussing its fourth-quarter and full-year results, which largely met the forecast on Wall Street. Chairman & CEO Greg Lucier told analysts during a conference call that San Diego-based NuVasive’s “surgical intelligence platform,” slated to be unveiled at the North American Spine […]
Collagen Solutions jumps on positive study data
Shares in Collagen Solutions (LON:COS) rose this week after the U.K.-based company touted positive data from an eight-year study of 15 patients who received ChondroMimetic implants to repair cartilage defects in their knees. The company plans to apply for CE Mark clearance in the European Union for its ChrondroMimetic implant based on the results from […]
Anika posts mixed Q4, FY17 results
Shares in Anika Therapeutics (NSDQ:ANIK) rose today after the company topped earnings expectations on Wall Street with its fourth quarter and full-year financial results, but missed sales estimates. The Bedford, Mass.-based company posted profits of $8.1 million, or 55¢ per share, on sales of $29.3 million for the 3 months ended Dec. 31, for bottom-line loss of […]
Smith & Nephew touts results from Allevyn Life adhesive dressing hip fracture trial
Smith & Nephew (NYSE:SNN) today released the results from a trial of its Allevyn Life multi-layer silicone adhesive foam dressing, touting that its addition to standard care protocols reduces the onset of pressure ulcers by 71% in elderly patients being treated for hip fracture. The trial was published in the International Wound Journal, the London-based company […]
Zimmer Biomet, Plaintiffs look to settle roughly 300 NexGen knee cases
Zimmer Biomet (NYSE:ZBH) has reportedly reached a settlement with plaintiffs in a case over allegedly defective NexGen knee implants, according to court documents filed this week. The Warsaw, Ind.-based company and individuals involved in the multidistrict litigation told US District Judge Rebecca Pallmeyer this week that they’ve “reached a confidential settlement in principle that will potentially […]
Stryker nears closure of Vexim takeover, passes 95% ownership
Stryker (NYSE:SYK) said today it has acquired approximately 95.5% of the share capital of French spinal implant maker Vexim, and that it plans to acquire the remaining shares soon. The Kalamazoo, Mich.-based company said that it has since crossed the 95% threshold and that it intends to file a proposed public buy-out offer and a squeeze-out for the remaining […]
Orthofix launches RCStim rotator cuff repair trial
Orthofix (NSDQ:OFIX) said today it launched a study looking to evaluate the use of pulsed electromagnetic field technology with the company’s RCStim device as adjunctive treatment to the surgical repair of rotator cuff tears. The 538-patient study, which has begun enrollment, will evaluate the safety and effectiveness of PEMF technology designed to promote bone growth and […]
Relievant touts 1-year Intracept trial results
Relievant Medsystems today released the results from the Smart trial of its Intracept intraosseous nerve ablation system exploring its usefulness at treating chronic lower back pain, touting significant decreases in pain from baseline at three months. The Intracept system is designed to use radio frequency energy delivered through specially designed instruments during a minimally invasive surgical […]
Zimmer Biomet loses bid to dismiss metal-on-metal hip cases
Zimmer Biomet (NYSE:ZBH) last Thursday lost two bids looking to dismiss claims in cases over alleged faults in metal-on-metal hips including an increased risk of metallosis, according to court documents. Motions for summary judgement related to the Taper, ReCap and metal-on-polyethylene devices and motions for summary judgement relating to state-of-the-art defense were denied by US District […]