Mario Gabelli, one of the world’s wealthiest men, revealed 5.42 percent ownership in Orthovita Inc. (NSDQ: VITA) just days before Stryker Corp. (NYSE:SYK) launched its tender offer for the Malvern, Pa.-based orthopedic biologics maker.
Viking Systems Inc.
Here’s a roundup of companies announcing new distribution deals.
Viking Systems Inc. (OTC:VKNG) appointed academic and surgeon Dr. Gerald Andriole as medical advisor.
Adriole, urologic surgery division chief at Washington University School of Medicine in St. Louis, will advise the Westborough, Mass.-based company on optimizing the role of its 3D visualization system for laparoscopic surgical procedures, according to the company. He has used Viking’s EndoSite 3Di digital vision system for the past four years.
Viking Systems Inc. (OTC:VKNG) won 510(k) clearance from the Food & Drug Administration for its next-generation 3DHD visualization system.
The Westborough, Mass.-based company said the system, which it designed to provide surgeons with 3D video of minimally invasive procedures, restores the depth perception lost with conventional 2D video systems, with which most minimally invasive procedures are performed.