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Orchid Orthopedic

Cleaning contractor glitch prompts Zimmer Biomet recall

September 30, 2019 By Sean Whooley

Zimmer Biomet (NYSE:ZBH) last week released a letter advising hospitals and surgeons that it would be recalling various Legacy Biomet products that underwent cleaning processes that could result in elevated levels of bacterial endotoxin and residual debris. Warsaw, Ind.-based Zimmer Biomet said a supplier who performs final cleaning operations on some of its products received a […]

Filed Under: Featured, Orthopedics, Recalls, Regulatory/Compliance, Sterilization / Calibration Tagged With: Orchid Orthopedic, Zimmer Biomet

FDA slaps Orchid Orthopedic with warning letter

May 23, 2019 By Nancy Crotti

The FDA has issued a warning letter to Orchid Orthopedic Solutions,  a major design and manufacturing outsourcer in the orthopedic medical device space, for alleged violations including unsanitary water used to clean implants. The letter, dated May 13 and released today, says the company’s facility at 23149 Commerce St., Farmington Hills, Mich. failed to adequately […]

Filed Under: Food & Drug Administration (FDA), Implants, News Well, Orthopedics, Regulatory/Compliance Tagged With: FDA, Orchid Orthopedic

Orchid Orthopedic Solutions acquired by European private equity outfit

January 22, 2019 By Chris Newmarker

Nordic Capital has acquired a majority stake in Orchid Orthopedic Solutions (Holt, Mich.), a major design and manufacturing outsourcer in the orthopedic medical device space. Financial terms of the deal – announced Jan. 21 – were not disclosed. While the Nordic Capital Fund IX is buying a majority stake in Orchid, previous owner Altor Fund III will keep […]

Filed Under: Business/Financial News, Contract Manufacturing, News Well, Orthopedics Tagged With: Nordic Capital, Orchid Orthopedic

Sorrento lures ex-Hologic exec Herde | Personnel Moves April 7, 2016

April 7, 2016 By Brad Perriello

Sorrento lures ex-Hologic exec Herde Sorrento Therapeutics (NSDQ:SRNE) said it lured Kevin Herde, the former vice president of global blood screening & alliance management at Hologic (NSDQ:HOLX), to be its new CFO. Read more

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Filed Under: Business/Financial News Tagged With: Orchid Orthopedic, Personnel Moves, ReWalk Robotics, Sorrento Therapeutics, Trans1, Zeus Industrial Products

InspireMed pulls in new VP of corporate development from Covidien | Personnel Moves

April 25, 2013 By Sony Salzman Leave a Comment

fired/hired

Gwen Bame, former Covidien exec, joins InspireMD upper management

Filed Under: News Well Tagged With: Accuray Inc., Inspire Medical Systems Inc., Orchid Orthopedic, Personnel Moves

Fujifilm closes $1B SonoSite deal | Wall Street Beat

March 30, 2012 By MassDevice staff Leave a Comment

MassDevice.com Wall Street Beat

Fujifilm Holdings (TSE:4901) said it closed its $54-per-share acquisition of SonoSite (NSDQ: SONO).

Filed Under: Mergers & Acquisitions, News Well, Wall Street Beat Tagged With: Abbott, Accuray Inc., Allergan, Covidien, Derma Sciences Inc., Digital Endoscopy GmbH, Fujifilm, GE Healthcare, HOYA ConBio, Johnson and Johnson, McKesson Corp., MedEfficiency, Orchid Orthopedic, Pentax, Sandvik, University of Heidelberg

Is Boston Scientific in line for a private equity takeover? | Wall Street Beat

February 24, 2012 By MassDevice staff Leave a Comment

MassDevice.com Wall Street Beat

Billionaire hedge fund manager David Tepper, of Appaloosa Management, bought 7.8 million shares of Boston Scientific stock during the 4th quarter, according to regulatory filings, for a stake with a market value of $41.6 million as of Dec. 31.

Filed Under: Funding Roundup, Mergers & Acquisitions, News Well, Wall Street Beat Tagged With: 3m, Aloka Co., Baxter, Boston Scientific, Burrill & Co., Cerner Corp., Conceptus Inc., Deals Roundup, Dexcom, integer, Integra LifeSciences, Lantheus Medical Imaging, McKesson Corp., MGT Capital, Miromatrix Medical Inc., Orchid Orthopedic, Revolutions Medical Corp., Sandvik, SpectraScience Inc., Teleflex, titanmedical, wrightmedical

AstraZeneca sells its med tech arm to Dentsply for $1.8 billion in cash | Deals Roundup

June 23, 2011 By MassDevice staff Leave a Comment

AstraZeneca
Dentsply

AstraZeneca plc (NYSE:AZN) announced that it signed a definitive agreement to sell its medical device arm, Astra Tech, to dental device maker Dentsply International Inc. (NSDQ:XRAY) for $1.8 billion in cash.

Filed Under: Business/Financial News, News Well Tagged With: AstraZeneca plc, Deals Roundup, Dentsply Sirona, EraGen Biosciences, Essilor International, Luminex Corp., Orchid Orthopedic, Shamir Optical Industry Ltd., Smith & Nephew, Tenet Medical

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