Stryker (NYSE:SYK) should pay for medical monitoring of all Florida patients implanted with its recalled Rejuvenate hip replacement, according to a federal lawsuit.
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.
🦴 Narrow your focus with these categories:
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
Smith & Nephew’s Q4 profits down, 2012 profits flat
Smith & Nephew (FTSE:SN, NYSE:SNN) shares are up slightly in The City and down a tick on The Street, after the British orthopedics giant reported flat profits for 2012 and a slight decline for the 4th quarter, excluding 1-time costs from acquisitions and restructuring.
Knee replacement: Stanmore nabs FDA clearance for robotic guidance system
U.K.-based orthopedic device maker Stanmore Implants says it has received FDA clearance for its Sculptor Robotic Guidance Arm system for partial knee resurfacing procedures.
The system uses a robotic guidance arm to assist surgeons’ operation of cutting tools, and "limiting the removal of bone to a pre-defined safe area," according to a prepared release. It is part of a suite of devices and software systems the company produces for personalized orthopedic implants.
Super Bowl winners: DJO Global scores with Ray Lewis’ custom brace
Super Bowl advertisers spent about $4 million for each 30-second spot during the big game Sunday, but 1 medical device company scored far more airtime with some pretty savvy product placement on 2 of the game’s biggest stars.
DonJoy, a division of Vista, Calif.-based DJO Global, outfitted both Baltimore Ravens linebacker Ray Lewis and San Francisco 49ers defensive tackle Justin Smith with custom versions of its X-Act ROM elbow brace. Both players had suffered torn triceps earlier in the season.
Ivantis reels in $27M Series B round | Wall Street Beat
Ivantis said it raised a $27 million Series B round led by Ascension Health Ventures aimed at funding a quartet of clinical trials for its Hydrus Microstent glaucoma treatment.
The Irvine, Calif.-based medical device company said the device, an eyelash-sized stent, is designed to reduce eye pressure.
ArthroCare DOJ beef gets a new deadline
Surgical devices maker ArthroCare (NSDQ:ARTC) this month agreed to extend for 1 more month the statute of limitations on a federal inquiry from the U.S. Dept. of Justice in to the company’s spinal business.
Zimmer slides on lower spine market outlook
Shares of Zimmer (NYSE:ZMH) slipped about 1% today after the medical device company revealed a 7% slide last year for its spine unit and said it expects the spine slump to continue in 2013.
The stock decline came despite results that exceeded Wall Street’s forecast for both the 4th quarter and 2012.
J&J dodged years of warnings before recalling metal hips, lawsuit claims
New documents unveiled during trial proceedings don’t bode well for Johnson & Johnson (NYSE:JNJ) subsidiary DePuy Orthopaedics.
Emails and internal memos suggest that the metal-on-metal hip maker for years hid concerns about the failure rates of its ASR implants, which are now the subject of a high-profile recall and thousands of patient injury lawsuits.
Conventus Orthopaedics wins FDA nod for wrist fracture implant
Conventus Orthopaedics said the FDA granted 510(k) clearance for its Conventus DRS minimally invasive implant for wrist fractures.
The device is designed to replace traditional volar plate implants used to correct distal radius fractures, requiring a 2-3cm incision on the forearm and "a few tiny incisions at the wrist," according to a press release.
Cerebral Palsy: Bioness touts FDA win for treatment of foot drop in children
Valencia, Calif.-based neurostimulation devices maker Bioness Inc. won the FDA’s OK for its L300 Foot Drop system, the 1st FDA-cleared device of its kind for treating children suffering from foot drop as a result of cerebral palsy or other brain injuries.
The L300 neurostimulation device, which is available for sale immediately, "sends low-level electrical stimulation to the nerves in the lower leg which control the muscles responsible for lifting the foot," according to a prepared release.