A CT scan before spine surgery turned up a significant number of patients with previously undiagnosed low bone density, according to a new study out of Hospital for Special Surgery (HSS) in New York City. The study, presented yesterday at the American Academy of Orthopaedic Surgeons Annual Meeting in Las Vegas, suggests there may be […]
Think Surgical raises $134m for TSolution One robotic joint replacement device
Think Surgical yesterday reported a funding round worth $134 million for the robot-assisted orthopedic surgery device it makes. The Fremont, Calif.-based company’s TSolution One is designed for knee and hip arthroplasties. It’s approved in the U.S. and Europe for total hip procedures; in December 2017 the company won CE Mark approval for a total knee […]
Medacta IPO on track for Q2
Swiss medical device maker Medacta Group is reportedly on track for an initial public offering during the second quarter. The company would issue a limited amount of shares into public trading, maintaining the founding Siccardi family’s control intact, according to Reuters. The IPO would also include an over-allotment option, the newswire reported. Rumors of the […]
Exactech acquires XpandOrtho
Exactech (NSDQ:EXAC) said today that it acquired knee replacement surgery instrument maker XpandOrtho for an undisclosed amount. Gainesville, Fla.-based Exactech said that it plans to incorporate XpandOrtho’s soft tissue balancing technology into its ExactechGPS computer-assisted surgery system designed to support shoulder and knee replacements. “This allows our technology, which has been in development for more than […]
Ossio raises $22m for bio-integrative bone pins
Ossio said today that it closed a $22 million equity round led by OCV Partners. Existing investors Ortho Vision and Secocha Ventures also contributed to the orthopedic fixation company’s round. The Woburn, Mass.-based company said it plans to use its new funds to “accelerate strategic growth initiatives,” such as new product development, commercialization and talent […]
Cultivate(MD) buys into magnesium alloy developer
Genesis Innovation Group‘s Cultivate(MD) Capital Fund II said that it has invested in Magnesium Development Company (MDC), a firm with a breakthrough magnesium (Mg) alloy technology for orthopedic use. MDC designed its technology to combine the strength and handling properties of metal with complete, controllable absorption. Its magnesium alloy may be used in multiple applications to provide appropriate […]
RTI Surgical closes $300m Paradigm Spine buy
RTI Surgical (NSDQ:RTIX) said last week that it closed the $300 million acquisition of Paradigm Spine and its Coflex lumbar stenosis device. The cash-and-stock deal, originally announced last November, called for RTI to pay $100 million in cash and more than 10.7 million shares of its own stock worth $50 million, with the $150 million balance pegged to […]
Omni sold to U.K. ortho company Corin Group
U.K. international orthopedic company Corin Group said it will acquire Omni, a robotic knee surgery platform developer. Raynham, Mass.-based Omni developed its OmniBotics system as an imageless total knee replacement solution which combines a robotic cutting guide with a robotic tool to measure ligament function. The system allows surgeons to tailor the implant position to each […]
Cultivate(MD) buys into Embody and its ortho injury implant
Genesis Innovation Group‘s Cultivate(MD) Capital Fund II said that it has invested in Embody, a startup that has developed a collagen-based microfiber implant designed for use in Achilles’ and rotator cuff repairs. Embody (Norfolk, Va.) based its Tapestry implant on research on collagen-accelerating recellularization by growing new aligned tissue over surgical repairs. The company previously […]
Stents, knee implants undergird Trump’s new trade war with India
The Trump administration yesterday opened hostilities in a pair of new trade wars, using India’s price caps on coronary stents and knee implants as the centerpiece of the new policy there. The White House said it plans to end India’s preferential trade status in 60 days under the Generalized System of Preference. “India’s termination from […]
Medtronic launches Grafton DBM in Japan
Medtronic (NYSE:MDT) said today that it launched its Grafton demineralized bone matrix bone grafting product in Japan. The Fridley, Minn.-based company touted the Grafton DBM as the first and only demineralized bone matrix product available in Japan, having won clearance from the country’s PMDA last August. The newly launched Grafton DBM is a bone graft extender, […]
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