Stryker‘s (NYSE:SYK) Homedica is on the hook for approximately $13.3 million in attorney’s fees and $513,258 in costs due to Zimmer Biomet (NYSE:ZBH) as a result of a patent dispute, according to recently unsealed court documents. The award is the result of a long-running patent spat over polymers between the two companies that ended in four […]
Physician released from Biomet metal-on-metal hip suit
A physician and metal-on-metal hip replacement designer was released from litigation against them and Biomet, now part of Zimmer Biomet (NYSE:ZBH), over issues with jurisdiction, according to court documents posted last week. US Judge Robert Miller Jr. of the US District Court for the Northern District of Indiana South Bend Division dismissed the case against Dr. […]
Zimmer Biomet to debut robotics solutions
Zimmer Biomet (NYSE:ZBH) today revealed plans to unveil its robotics solutions for orthopedic and neurosurgeries this week at the annual meeting of the American Assn. of Neurological Surgeons in New Orleans. The Warsaw, Ind.-based company said it plans to showcase two elements of its Surgery Assisting Technology suite: the WalterLorenz surgical assist arm and the Rosa Brain […]
Zimmer Biomet’s Q1 beats The Street despite profit slide
Zimmer Biomet (NYSE:ZBH) beat both the consensus forecast and its own guidance with its first-quarter results despite a more than 40% profit slide. The Warsaw, Ind.-based orthopedics giant posted profits of $174.7 million, or 85¢ per share, on sales of $2.02 billion for the three months ended March 31, for a bottom-line slide of -41.6% on […]
Zimmer Biomet wins FDA nod, launches Persona trabecular metal tibia
Zimmer Biomet (NYSE:ZBH) said yesterday it launched its Persona Trabecular metal tibia system, which won FDA clearance in January, and added that the device was used in its first commercial procedure. The Persona Trabecular metal tibia was used in a procedure performed by Dr. Richard Moore of Boise, Idaho, the Warsaw, Ind.-based company said. “The clearance […]
Zimmer Biomet launches FDA-cleared Comprehensive augmented baseplate
Zimmer Biomet (NYSE:ZBH) said today it launched the Comprehensive Augmented baseplate component designed for its Comprehensive reverse shoulder system, having won FDA approval in January this year. The Warsaw, Ind.-based company said that the device had been used in its first shoulder procedure, performed by Dr. John Sperling of the Mayo Clinic. Zimmer Biomet said that […]
Zimmer Biomet touts 7-year results in Mobi-C cervical disc trial
Zimmer Biomet (NYSE:ZBH) yesterday released seven-year follow-up results from a study of its Mobi-C cervical disc device designed for total disc replacement procedures, touting lower pain, maintained motion range and other benefits. Results from the study were published in the International Journal of Spine Surgery, the Warsaw, Ind.-based company said. In the study, researchers compared the […]
Zimmer Biomet joins US Dept of Energy sustainability, energy reduction program
Zimmer Biomet (NYSE:ZBH) said this week it will participate in the US Dept. of Energy’s Better Buildings, Better Plants energy reduction programs as it looks to reduce its carbon footprint in the US and Puerto Rico. In joining the program, the Warsaw, Ind.-based company committed to reduce energy intensity by 25% over the next 10 years, […]
Zimmer Biomet picks ex-Covidien exec Lannum for IR chief | Personnel Moves – March 20, 2018
Zimmer Biomet (NYSE:ZBH) said yesterday it tapped former Covidien investor relations head Coleman Lannum as its investor relations senior VP, reporting directly to prez & CEO Bryan Hanson. Lannum has more than 15 years in investor relations, having held positions with Mallinckrodt Pharmaceuticals (NYSE:MNK), Covidien and Tyco Healthcare. During his time with Covidien, Lannum oversaw the company’s initial […]
13 orthopedic products from AAOS 2018 you need to know
The American Academy of Orthopedic Surgeons’s annual meeting is an opportunity for industry professional to come together and showcase some of their latest orthopedic solutions, research and technology. The meeting is being held in New Orleans at the Morial Convention Center, March 6-10. This year, a number of orthopedic companies have launched some of their latest […]
Appeals court upholds Zimmer Biomet win in NexGen knee bellwether
An appeals court this week refused to revive a defective warning claim in a bellwether case in a multi-district litigation against Zimmer Biomet (NYSE:ZBH) related to alleged defects related to its NexGen knee implant. The case was part of an MDL being heard in Wisconsin, and the presiding judge entered a summary judgement in Zimmer Biomet’s […]
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