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Extremities

Integra Lifesciences touts Cadence ankle study

September 20, 2019 By Sean Whooley

Integra LifeSciences (NSDQ:IART) yesterday touted positive findings from its Cadence total ankle system retrospective study and closed enrollment ahead of schedule for two post-market studies of the device. The study reported that patients treated with Cadence while suffering from end-stage arthritis experienced improvements in quality of life, functional measures and pain. The results were presented during […]

Filed Under: Clinical Trials, Orthopedics, Surgical Tagged With: Extremities, Integra LifeSciences

Wright Medical slides on analyst’s Cartiva take

July 2, 2019 By Brad Perriello

Shares in Wright Medical (NSDQ:WMGI) are off some -7% today after an analyst said early adopters of its Cartiva toe implant are cutting back. Memphis-based Wright last October paid $435 million for Cartiva and its synthetic cartilage implant for treating arthritis in the big toe. Cartiva won pre-market approval from the FDA for the SCI implant in […]

Filed Under: Featured, Orthopedics, Wall Street Beat Tagged With: Extremities, wrightmedical

Wright Medical’s Q3 results top forecasts

November 8, 2018 By Brad Perriello

Wright Medical (NSDQ:WMGI) yesterday beat the consensus for both sales and earnings with its third-quarter results and raised its outlook for the rest of 2018. The Memphis-based orthopedics firm slashed its losses by -67.8% to -$42.5 million, or -38¢ per share, on sales growth of 13.8% to $194.1 million for the three months ended Sept. […]

Filed Under: Featured, MassDevice Earnings Roundup, Orthopedics, Wall Street Beat Tagged With: Extremities, wrightmedical

Wright Medical closes $435m Cartiva buy

October 10, 2018 By Brad Perriello

Wright Medical (NSDQ:WMGI) said today that it closed its $435 million buyout of Cartiva and its synthetic cartilage implant for treating arthritis in the big toe. Alpharetta, Ga.-based Cartiva won pre-market approval from the FDA for the SCI implant in July 2016 (the device won CE Mark approval in the European Union back in 2002 and is also on the market in […]

Filed Under: Featured, Mergers & Acquisitions, Orthopedics, Wall Street Beat Tagged With: Cartiva, Extremities, wrightmedical

Wright Medical slides after pricing offering to back Cartiva buyout

August 28, 2018 By Brad Perriello

Wright Medical (NSDQ:WMGI) shares traded down this morning after it priced an offering it plans to use to fund the $435 million buyout of Cartiva. Wright said it plans to finance the Cartiva purchase, announced yesterday morning, with an equity offering. Alpharetta, Ga.-based Cartiva makes a synthetic cartilage implant for treating arthritis in the big toe. Yesterday […]

Filed Under: Funding Roundup, Mergers & Acquisitions, Orthopedics, Wall Street Beat Tagged With: Cartiva, Extremities, wrightmedical

Wright Medical puts up $435m for Cartiva

August 27, 2018 By Brad Perriello

Wright Medical (NSDQ:WMGI) said today that it agreed to pay $435 million in cash to acquire Cartiva and its synthetic cartilage implant for treating arthritis in the big toe and raised its sales outlook for the rest of the year. Alpharetta, Ga.-based Cartiva won pre-market approval from the FDA for the SCI implant in July 2016 (the device won […]

Filed Under: Mergers & Acquisitions, Orthopedics, Wall Street Beat Tagged With: Cartiva, Extremities, wrightmedical

Stryker launches SonicAnchor extremity fixation anchor

July 14, 2016 By Brad Perriello

Stryker (NYSE:SYK) said today that it’s launching a new fixation anchor for extremity repair surgeries, SonicAnchor, that’s designed to be liquefied by sonic energy and flow into cancellous bone. Kalamazoo, Mich.-based Stryker said the SonicAnchor device’s tip is made of a bioresorbable polylactide polymer that’s ready for stable fixation 5 seconds after application. “SonicAnchor is transforming […]

Filed Under: Orthopedics Tagged With: American Academy of Orthopedic Surgeons (AAOS), Extremities, Stryker

Cartiva wins PMA for big toe synthetic cartilage implant

July 5, 2016 By Brad Perriello

Cartiva said today that it won pre-market approval from the FDA for an implant designed to treat arthritis in the big toe. Alpharetta, Ga.-based Cartiva said the device is the 1st synthetic cartilage implant approved for the U.S. market. It’s meant as an alternative to the standard of care, a fusion procedure using screws and plates. […]

Filed Under: Food & Drug Administration (FDA), Orthopedics, Regulatory/Compliance Tagged With: Cartiva, Extremities

DT Medtech acquires Hintermann foot & ankle assets

March 4, 2016 By Brad Perriello

DT MedTech said it acquired the Hintermann lower extremities assets for an undisclosed amount, including the H3 total ankle replacement and revision system and the Kalix II implant designed to treat flat-foot deformities. Baltimore-based DT MedTech said the deal also includes a system for patients cobalt-chrome sensitivities, plus the instrumentation and consumables for the implants, which were developed by Dr. Beat […]

Filed Under: Mergers & Acquisitions, Orthopedics Tagged With: DT MedTech, Extremities

Wright Medical wins FDA nod for Salvation external fixation device

March 26, 2015 By Mark Hollmer Leave a Comment

Wright Medical wins FDA nod for Salvation external fixation device

Filed Under: Food & Drug Administration (FDA), News Well, Orthopedics, Regulatory/Compliance Tagged With: American Academy of Orthopedic Surgeons (AAOS), Extremities, wrightmedical

Wright Medical plans $400m debt offering

February 9, 2015 By Brad Perriello Leave a Comment

Wright Medical plans $400m debt offering

Wright Medical (NSDQ:WMGI) said today that it plans to float $400 million worth of senior debt it plans to hedge with cash convertible note hedge deals with institutional investors.

Filed Under: Funding Roundup, News Well, Orthopedics Tagged With: Extremities, wrightmedical

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