Conmed (NYSE:CNMD) announced today that it completed its previously announced acquisition of In2Bones Global. Largo, Florida–based Conmed announced last month that it intended to acquire upper extremities device maker In2Bones Global for $145 million. The $145 million figure was floated for the closing of the acquisition, with up to an additional $110 million in growth-based […]
In2Bones
Conmed beats The Street in Q1, announces $145M deal to acquire In2Bones
Conmed (NSDQ:CNMD) announced that it will acquire In2Bones Global for more than $145 million after it posted first-quarter results that beat the overall consensus on Wall Street. The Largo, Florida–based minimally invasive medical device company on yesterday evening reported profits of $14.96 million, or 47¢ per share, on sales of $242.3 million for the three […]
In2Bones launches single-use delivery system for radial head replacement surgery
In2Bones announced today that it began the U.S. launch for its Avenger radial head prosthesis system for primary and revision joint replacement of the radial head. The Memphis, Tenn.–based company’s new prosthesis is designed to restore elbow joint function and offer other advantages for both surgeons and patients when compared to the current prosthetic systems […]
In2Bones wins FDA clearance for Quantum total ankle
In2Bones announced today that it won FDA 510(k) clearance for its Quantum Total Ankle system to replace ankles in patients with arthritis. The Quantum Total Ankle’s creators designed it to improve mobility, increase stability and technologically advance implant placement based on patient-specific anatomy, according to a news release. The implant features a dual radius of […]
In2Bones launches AlloAid BioNail
In2Bones this week launched its AlloAid BioNail sterile allograft implant. The implant is designed to give rigid, stable fixation during hand and foot reconstruction. AlloAid BioNail is made from strong cortical allografts to provide osteoconductive properties for bone remodeling and healing. It features a tapered point and multiple, contoured wedge facets to ease insertion, anchor […]
In2Bones launches bone graft harvester and backfill plugs
In2Bones today said it launched its CoLink Bone Graft Harvester and Tribio Backfill Plugs System in the U.S. The CoLink Bone Graft Harvester is a minimally invasive bone graft device that harvests bone from different parts of the body, which includes the calcaneus, iliac crest, proximal tibia, distal tibia and distal femur. The device is designed […]
In2Bones launches CLearGuide LE soft tissue release system
Orthopedic surgical device developer In2Bones said today it launched its ClearGuide LE endoscopic soft tissue release system designed for use by orthopedic and podiatric surgeons to correct foot conditions. The Memphis, Tenn.-based company said that the newly launched system is designed for a variety of soft tissue releases of the lower extremity including plantar fascia, […]
In2Bones intros ‘see-through’ implant for flat feet
Orthopedic surgical device developer In2Bones announced the global launch of its “see-through” PitStop implant for children and adults with flat feet. One of the most common foot deformities, flat-foot often starts during adolescence and continues into adulthood. In2Bones (Memphis, Tenn.) developed the PitStop subtalar implant to restore the stability of a patient’s arch during the walking […]
5 medtech stories we missed this week: Dec. 22, 2017
From Hepa Wash’s new collaboration to Stimwave’s FDA clearance, here are five medtech stories we missed this week but thought were still worth mentioning. 1. Hepa Wash collaborates with GALS program Hepa Wash announced in a Dec. 7 press release that it has collaborated with the German Accelerator Life Sciences (GALS) program to expand its […]
In2Bones wins FDA nod for 2 foot repair systems
French orthopedic surgical device developer In2Bones said today that its US subsidiary received FDA clearance for its 5MS Fracture repair and CoLag locking compression screw systems. The company’s 5MS fracture repair system is a plate and screw system designed to treat fractures and deformities of the 5th metatarsal bone and features an array of anatomically […]
French ortho company In2Bones pulls in $1m
French orthopedic surgical device developer In2Bones pulled in $1 million in a new round of equity financing, according to an SEC filing posted today. The company produces and develops orthopedic osteosynthesis screws, snap-off screws, staples, implant pips, suture anchors, interpositional buttons and single-use instruments such as universal handles, screwdriver axes and drilling guides, according to […]
