For you hard-core spinal device folks who couldn’t make the long trip to Vancouver, here are a few items of potential interest from the most recent ASTM standards committee meeting. Of the 50-plus attendees, several spine companies with a local presence were represented, including DePuy Spine, Facet Solutions and Orthofix Spinal Implants.
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Can’t anyone fix my aching back?
You’d be hard-pressed to argue that the past decade hasn’t been a good one for medical device companies focused on the spine (Especially with me. Full disclosure: I’m involved in two spine startups. I’m on AxioMed’s technical advisory panel and I’m a minority shareholder of Innovative Surgical Designs. At the time of this writing, I also own shares of TranS1).
Sometimes it seems like you can’t swing a pedicle screw without hitting a new spine start-up. Anthony Viscogliosi recently estimated that are 200 venture capital-backed spine companies.
Looking back to see forward
Brian Johnson
In turbulent times, there’s always a desire to romanticize the past. One medical device company in California seems to be going the extra mile on that front.
According to an article in Wired magazine, The Foundry is using century-old techniques (with a modern flair) to treat glaucoma.
Glaucoma is a group of diseases that affect the optic nerve and can cause blindness, according to Glaucoma.org. There are a number of treatments, including medical marijuana.
Orthopedic device makers clear kickback charges after 18 months of good behavior
Four orthopedic device makers cleared federal criminal charges and a fifth “satisfactorily completed” its non-prosecution agreement with the U.S. Attorney’s office in Newark, the Dow Jones news service reported.
