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Zimmer’s Cayenne Medical buries the hatchet with MedShape after patent board loss

June 22, 2016 By Brad Perriello Leave a Comment

Zimmer Biomet (NYSE:ZBH) subsidiary Cayenne Medical buried the hatchet with MedShape after a patent review board found the terms of its soft tissue anchor patent to be “indefinite.” Cayenne sued MedShape in 2014, alleging infringement by MedShape’s ExoShape device of 2 of its patents covering the AperFix soft tissue anchor. The lawsuit, filed in the U.S. District Court for Arizona, […]

Filed Under: Legal News, Orthopedics, Patent Infringement Tagged With: Cayenne Medical, MedShape Inc, Zimmer Biomet

Zimmer Biomet closes Cayenne Medical buy

May 18, 2016 By Brad Perriello Leave a Comment

Zimmer Biomet (NYSE:ZBH) said today that it closed its buyout of Cayenne Medical and its soft tissue reconstruction devices for an unspecified amount. Scottsdale, Ariz.-based Cayenne makes devices for knee and shoulder repair, including the AperFix II, CrossFix II and iFix knee ligament reconstruction and meniscal repair devices and the Quattro device for rotator cuff and labral repairs. When it […]

Filed Under: Mergers & Acquisitions, Orthopedics, Wall Street Beat Tagged With: Cayenne Medical, Zimmer Biomet

Zimmer picks up soft-tissue company Cayenne Medical

April 25, 2016 By Fink Densford Leave a Comment

Zimmer Biomet (NYSE:ZBH) said today it inked a deal to buy Scottsdale, Ariz.-based soft-tissue reconstruction company Cayenne Medical. Warsaw, Ind.-based Zimmer Biomet did not release any financial details of the transaction, but said that it expects the acquisition to close during the 2nd quarter of 2016. “As a market leader in musculoskeletal healthcare, the expansion of […]

Filed Under: Business/Financial News, Mergers & Acquisitions, Orthopedics Tagged With: Cayenne Medical, Zimmer Biomet

Cayenne Medical sues MedShape over soft tissue anchor

April 18, 2014 By Brad Perriello Leave a Comment

Cayenne Medical sues MedShape over soft tissue anchor

Cayenne Medical filed a lawsuit against rival MedShape Inc., alleging infringement of 2 of its patents covering its AperFix soft tissue anchor by MedShape’s ExoShape device.

The lawsuit, filed in the U.S. District Court for Arizona, alleges that MedShape hired former Cayenne salespeople with knowledge of the 2 patents at issue, which cover Cayenne’s AperFix device.

Filed Under: Legal News, News Well, Orthopedics, Patent Infringement Tagged With: Cayenne Medical, MedShape Inc

Cayenne Medical nears $6M funding goal

February 20, 2014 By Chris Walker Leave a Comment

Cayenne Medical secures $5M

Cayenne Medical is $1 million away from reaching its $6 million fundraising goal, according to a regulatory filing.

Scottsdale, Ariz.-based Cayenne Medical makes medical devices used in knee and shoulder reconstruction surgeries.

Nine unnamed investors ponied up a collective $5 million in the equity and options sale, according to the filing.

Filed Under: Funding Roundup, News Well, Orthopedics Tagged With: Cayenne Medical, Knees, Shoulders

Ortho market growth stable but low | Wall Street Beat

February 15, 2012 By MassDevice staff Leave a Comment

MassDevice.com Wall Street Beat

The market for hip and knee implants is stable but mired in a low-growth stage, according to analysts who attended the American Academy of Orthopedic Surgeons conference in San Francisco last week.

Although the abrupt departure of Stryker CEO Steve MacMillan drew the lion’s share of attention at the AAOS event, analysts from Barclays Capital and Leerink Swann agreed that the sector’s outlook calls for low-single-digit growth.

Filed Under: Funding Roundup, Mergers & Acquisitions, News Well, Orthopedics, Wall Street Beat Tagged With: Abiomed, Adocia, Asalus Medical, Athenahealth Inc., Baxter, BG Medicine Inc., BioStart, Cardinal Health, CardioComm, Cayenne Medical, Checkpoint Surgical, Cook Medical, Cutera Inc., Cynosure Inc., Daxor Corp., Deals Roundup, Delcath Systems Inc., Dentsply Sirona, Dexcom, dextera, EDAP TMS SA, Edwards Lifesciences, Eos Imaging, Focus Product Development, GE Healthcare, Halt Medical, Hillrom, Hospira Inc., Insulet, Iridex Corp., Medisafe Technologies Corp., Merit Medical Systems, NovaRay Medical, Organovo, Ostial Solutions, PositiveID Corp., Rockwell Medical Technologies, Secure eHealth, Smith & Nephew, SOLOS Endoscopy Inc., Solta Medical Inc., Syneron Medical Ltd., Synovis Life Technologies Inc., tandemdiabetes, titanmedical, Toshiba, Volker Group, Wound Management Technologies

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