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Knees

Zimmer Biomet inks deal for CelgenTek bone trauma tech, launches Persona, OsseoTi knee components

March 4, 2016 By Brad Perriello

Zimmer Biomet (NYSE:ZBH) capped off the American Orthopedic Surgery Society’s annual meeting this week by inking a deal to distribute CelgenTek Innovations Corp.’s bone trauma technology and the launch of new Persona and OsseoTi knee components. The Warsaw, Ind.-based orthopedics juggernaut said the deal with CelgenTek includes that company’s N-Force fixation system and iN3 cement for […]

Filed Under: Distribution, Orthopedics Tagged With: CelgenTek, CelgenTek Innovations, InnoVision, Knees, Trauma, Zimmer Biomet

ConforMIS sues Smith & Nephew, launches iTotal PS knee implant

March 2, 2016 By Brad Perriello

ConforMIS (NSDQ:CFMS) leveled a lawsuit against Smith & Nephew (NYSE:SNN) this week, accusing the British orthopedics giant of trespassing on 8 patents covering the ConforMIS technology for patient-specific knee implants. Bedford, Mass.-based ConforMIS also launched its iTotal PS, claiming it as the only customized posterior stabilized knee replacement system on the market. The lawsuit against Smith & Nephew, filed in […]

Filed Under: Legal News, Orthopedics, Patent Infringement Tagged With: conformis, Knees, Smith & Nephew

FDA denies Materialise’s 510(k) bid for knee guide

December 22, 2015 By Brad Perriello

Belgium-based additive manufacturer and 3D printing company Materialise (NSDQ:MTLS) said the FDA sent it a “not substantially equivalent” letter for its X-ray knee guide system, dooming its bid for 510(k) clearance from the federal safety watchdog. The Materialise system is designed to help align total knee replacement components without MRI or CT scans, the company said. […]

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

CE Mark in hand, Moximed hatches U.S. approval strategy for knee stabilization implant

December 14, 2015 By Mark Hollmer

The knee replacement market has reached stratospheric levels in the U.S., with competitors ranging from Zimmer Biomet (NYSE:ZBH) to Smith & Nephew (NYSE:SNN) and Johnson & Johnson (NYSE:JNJ). California device developer Moximed is betting its future, however, on patients not quite ready for the drastic surgery. The knee replacement market is worth an estimated $4 billion […]

Filed Under: Clinical Trials, Orthopedics, Regulatory/Compliance Tagged With: Knees, Moximed

Jury clears Zimmer Biomet in 1st NexGen Flex knee implant trial

November 9, 2015 By Brad Perriello

An Illinois jury last week cleared Zimmer Biomet (NYSE:ZBH) in the 1st bellwether trial of the more than 900 lawsuits lodged over its NexGen Flex knee replacements. Plaintiff Kathy Batty alleged that the double knee replacements she had in 2009 using the NexGen Flex implants failed, requiring revision surgeries after 2 years. But the jury in the U.S. District […]

Filed Under: Legal News, Orthopedics, Product Liability Tagged With: Knees, Zimmer Biomet

Ceterix lands $35m for suture device

May 11, 2015 By Brad Perriello Leave a Comment

Ceterix lands $35m for suture device

Ceterix Orthopaedics said last week that it took out a $35 million term loan with CRG it plans to use to advance its NovoStitch suture passing device for surgeries to repair torn menisces in the knee.

Menlo Park, Calif.-based Ceterix said the NovoStitch device is designed to help surgeons place sutures in patterns that used to require open procedures or weren’t possible at all.

Filed Under: Funding Roundup, News Well, Orthopedics Tagged With: Ceterix Orthopaedics, CRG, Knees

Moximed springs to $33m Series B round

May 7, 2015 By Brad Perriello Leave a Comment

Moximed springs to $33m

Moximed said today that it pulled in a $33 million Series B round for its KineSpring knee implant, which is designed to reduce the load on the joint while sparing its anatomy.

Filed Under: Funding Roundup, Implants, News Well, Orthopedics Tagged With: GBS Venture Partners, Gilde Healthcare Partners, Knees, Morgenthaler Ventures, Moximed, New Enterprise Associates, Vertex Venture Holdings

Zimmer recalls Persona knee implant component

April 7, 2015 By Mark Hollmer Leave a Comment

Zimmer recalls knee implant component

Zimmer (NYSE:ZMH) is recalling a crucial component of 1 of its knee implant systems because of increased complaints that the part was loosening and wouldn’t show up on X-rays.

Filed Under: Food & Drug Administration (FDA), News Well, Orthopedics, Recalls Tagged With: Knees, Zimmer Biomet

OrthoSensor closes $19m Series C round

March 23, 2015 By Brad Perriello Leave a Comment

OrthoSensor closes $19m Series C round

OrthoSensor said today that it closed out a $19 million Series C round it plans to use to commercialize its Verasense knee implant technology.

Dania Beach, Fla.-based OrthoSensor said Bridger Healthcare and the Tullis Growth Fund participated in the round.

Filed Under: Funding Roundup, News Well, Orthopedics Tagged With: Knees, Orthosensor Inc.

Zimmer chooses new bellwethers in NexGen knee implant MDL

March 17, 2015 By Brad Perriello Leave a Comment

Zimmer chooses bellwethers in NexGen knee implant MDL

Zimmer (NYSE:ZMH) yesterday chose another set of lawsuits to serve as bellwether cases in the multi-district litigation over its NexGen knee implants.

Filed Under: Implants, Legal News, News Well, Product Liability Tagged With: Knees, Zimmer Biomet

Bankrupt NuOrtho Surgical looks to liquidate

March 5, 2015 By Val Kennedy Leave a Comment

NuOrtho files for Chapter 7 liquidation

After a 7-year run Fall River, Mass.-based NuOrtho Surgical filed for Chapter 7 bankruptcy, listing liabilities of $4.74 million and assets of $287,117. Nearly 40 patents were also cited in the filing, some of which had been used as collateral.

Filed Under: Legal News, News Well, Orthopedics Tagged With: Knees, NuOrtho Surgical Inc.

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