Smith & Nephew (NYSE:SNN) shares gained in London and New York today after the medical device giant met the consensus forecast for its first-quarter sales and raised its top-line outlook on the rest of the year. The London-based wound care and orthopedics company reported sales growth of 0.5% to $1.20 billion, in line with the […]
Robot-assisted surgery matters for contract manufacturers
Robot-assisted surgery is a game changer, not only for orthopedic device companies but the contract manufacturers serving them. For major supplier Tecomet, it means forging relationships earlier, sometimes tighter instrument tolerances — and much more. It makes sense that Tecomet officials would see the rise of robot-assisted surgery in the ortho space as a big […]
Appeals court denies Medtronic in $24m loss to doc inventor
Medtronic (NYSE:MDT) yesterday lost its bid for an appeals court review of its nearly $24 million loss in a patent infringement lawsuit brought by a physician inventor. In February 2014, Dr. Mark Barry alleged that Fridley, Minn.-based Medtronic infringed on three patents covering a “system and method for aligning vertebrae in the amelioration of aberrant spinal […]
Medtronic has big plans for robot-assisted spine surgery
Officials at the world’s largest medical device company think their Mazor X Stealth robot-assisted spinal surgical platform could move complex procedures from an art to a science. Medtronic is betting that robot-assisted surgery could be a game changer when it comes to spine surgeries. The company late last year closed on its $1.7 billion purchase of Mazor […]
NuVasive touts results of PEEK implant study
NuVasive (NSDQ:NUVA) today announced the results of a study that showed its Cohere porous polyetheretherketone (PEEK) implant improved early outcomes over structural allograft and smooth PEEK in anterior cervical discectomy and fusion (ACDF) procedures. In the study of 167 patients with degenerative cervical disc disease, those who underwent ACDF using Cohere porous PEEK exhibited significant […]
Alafair Biosciences raises $7m for tendon wrap
Alafair Biosciences said yesterday that it raised over $7.2 million in a Series B/B-1 financing round. Funds raised in the round will support the accelerated commercialization of the the Austin, Texas-based company’s VersaWrap tendon protector, its initial product. Alafair said that it has already received FDA clearance for its VersaWrap device, which is indicated for […]
Miach Orthopaedics fills quality, clinical roles | Personnel Moves, April 17, 2019
Miach Orthopaedics said today that it tapped a pair of executives to oversee the quality systems and clinical program for the knee ligament repair device it’s developing. Miach is working on bio-engineered implants for surgical connective tissue repair, aiming first at anterior cruciate ligament repair with its Bridge-Enhanced ACL Repair device, a sponge that’s designed […]
The 10 largest orthopedic device companies in the world
Robot-assisted surgery continues to generate headlines in the orthopedics space. But there is so much more going on among the world’s largest orthopedic device companies. Go to our sister site Medical Design & Outsourcing and discover what’s new among the 10 largest companies in the medical device industry’s ortho sector. Next>> Note: Medical Design […]
Orthofix Medical touts data from artificial disc study
A study of patients implanted with Orthofix Medical’s (NSDQ:OFIX) M6-C artificial cervical disc showed a significant improvement in neck and arm pain, function and quality of life scores, the company said today. Patients in the investigational device exemption (IDE) study also used less pain and opioid medication when compared with anterior cervical discectomy and fusion […]
J&J and its surgical orthopedic robot: What you need to know
Johnson & Johnson (NYSE:JNJ) isn’t known for tooting its horn prematurely. The public won’t hear much about a new J&J device until the company’s good and ready. So it should come as no surprise that J&J’s DePuy Synthes business has kept relatively mum about the robotically assisted knee surgery device it’s been developing. J&J entered […]
Treace Medical touts results of bunion surgery study
Treace Medical Concepts said a study of its bunion implant surgery showed a high healing rate in patients undergoing an accelerated recovery protocol. The study of the Ponte Vedra, Fla.-based company’s Lapiplasty 3D bunion correction system showed that most patients were able to stand on their operative foot five days after surgery and had a […]
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