Johnson & Johnson (NYSE:JNJ) subsidiary DePuy Synthes today announced an exclusive strategic alliance with Value Stream Partners, a company specializing in knee and hip replacement bundled payment program development and implementation. The announcement was made at the American Academy of Orthopaedic surgeons annual meeting this week. “This exclusive arrangement with VSP will further enable us to help […]
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Johnson & Johnson escapes DePuy Pinnacle hip implant lawsuit
Johnson & Johnson (NYSE:JNJ) subsidiary DePuy Orthopaedics yesterday won the dismissal of a False Claims Act lawsuit brought by a pair of British surgeons over its since-discontinued Pinnacle metal-on-metal hip implant. Drs. Antoni Nargol and David Langton sued in 2012, alleging that DePuy Orthopaedics committed fraud when it billed federal agencies for Pinnacle implantation procedures, because […]
Globus, Johnson & Johnson’s Synthes bury the hatchet
Globus Medical (NYSE:GMED) said yesterday that it agreed to settle a quartet of patent infringement lawsuits with Johnson & Johnson (NYSE:JNJ) subsidiary Synthes. The lawsuits involve 5 patents covering spinal implant technology. Specific terms of the settlement were not announced, “but were to the parties’ mutual satisfaction,” Globus said. All of the lawsuits were brought in the U.S. District […]
Johnson & Johnson’s DePuy Synthes launches outpatient joint replacements
Johnson & Johnson (NYSE:JNJ) subsidiary DePuy Synthes this week said it launched a new program for outpatient joint replacement procedures, DePuy Synthes Advantage. The Advantage program covers hip, knee and shoulder replacements by providing education, training and professional and patient support services, Warsaw, Ind.-based DePuy Synthes said. More than 500 healthcare professionals have been trained in the outpatient […]
U.K. lawyers, medical device makers convene over metal-on-metal hip lawsuits
Lawyers from both sides in more than 1,000 U.K. lawsuits filed over metal-on-metal hip implants reportedly met yesterday in London’s High Court for an unprecedented case management conference to consolidate the suits. When you need a lawyer, visit https://www.kaplunmarx.com/. There are 11 separate products involved in the litigation, including hip implants made by Johnson & Johnson […]
NASS 2015 Roundup: Spine trends stabilizing, new fields taking center stage
The spinal med device market appears to be stabilizing with growth in 3 key areas, according to a letter to investors published this week from Leerink Partner’s Richard Newitter, who attended the North American Spine Society’s annual meeting in Chicago last week. Newitter said the meeting was “neutral-to-positive” for firms in the spinal market, and said […]
Surgical funder ordered to turn over information on DePuy hip surgeries
(Reuters) — A federal judge yesterday ordered a surgical funding company to turn over information about payments it made to healthcare providers for surgeries performed on plaintiffs suing over artificial hips made by a unit of Johnson & Johnson (NYSE:JNJ). DePuy Orthopaedics in August sought to compel Texas-based MedStar Funding to hand over the information, saying it […]
J&J’s DePuy Synthes Trauma debuts Conform Flex biologic implant for extremities repair
Johnson & Johnson (NYSE:JNJ) subsidiary DePuy Synthes Trauma today debuted its Conform Flex biologic implant for extremities repair in the U.S. Conform Flex is a pre-hydrated demineralized cancellous bone tissue matrix uses DePuy’s Q-Pack technology, an ambient temperature packing technology designed to allow the matrix to ship fully hydrated, the company said. It’s indicated for trauma-related extremity procedures […]
J&J’s Codman Neuro launches aneurysm coils
Johnson & Johnson‘s (NYSE:JNJ) Codman Neuro said yesterday it launched a new platform of embolic coils for the treatment of brain aneurysms. The announcement was made at the Society of NeuroInterventional Surgery’s annual meeting. The new platform of coils come with enhanced detachment systems that Codman Neuro said improve microcatheter stability. The coil’s delivery wires […]
Toshiba interim CEO Muromachi to stay on | Personnel Moves
Toshiba (TYO:6502) proposed the company keep interim CEO Masahi Muromachi on as permanent chief exec after 8 officials resigned due to their roles in an accounting scandal, Japanese media reports. Last week, Toshiba said former board chair Muromachi would temporarily take the reins as chief exec after an independent probe found former CEO Hisao Tanaka was aware […]
J&J’s Mitek launches new RF surgical devices
Johnson & Johnson (NYSE:JNJ) subsidiary DePuy Synthes’ Mitek sports medicine said last Friday it launched 2 new arthroscopic radio-frequency devices, the Vapr Tripolar 90 and Vapr Arctic suction electrodes. The announcement was made at the American Orthopaedic Society for Sports Medicine’s annual meeting. The suction electrodes are hand-held, energy-based devices intended for ablation or coagulation soft tissue, designed […]