A federal appeals court has reinstated a personal-injury lawsuit against Zimmer Biomet (NYSE:ZBH) over a metal-on-metal hip prosthesis implanted in 2011. The Third Circuit Court of Appeals revived the lawsuit that a Pennsylvania U.S. District Court judge dismissed in August 2018 because it missed the statute of limitations, according to an article by Law 360. […]
These medical device companies pay doctors the most money
The top medical device companies in the world made more than $542.6 million in general payments to physicians and hospitals in 2018, according to an analysis of Medical Design & Outsourcing‘s Big 100 and CMS Open Payments data. Zimmer Biomet topped the list with $109.4 million in general payments* to physicians and teaching hospitals in […]
FDA puts Class I label on Zimmer Biomet’s Rosa Brain robot software recall
The FDA has given a recall on the Zimmer Biomet (NYSE:ZBH) Rosa Brain 3.0 devices for robot-assisted neurosurgery procedures a Class I designation, the most serious type of recall. Zimmer Biomet warned in September of the problem, in which a sequence workflow can trigger “a discrepancy between initial skin marking on the skull and instrument trajectory,” […]
Ex-Biomet worker in Brazilian bribery case loses appeal in defamation suit
A former Zimmer Biomet (NYSE:ZBH) employee can’t pursue defamation charges against the company related to his alleged involvement in a Brazilian bribery case, a federal appeals court ruled yesterday. In 2008 Biomet discovered that a distributor in Brazil, Sergio Galindo, had bribed healthcare providers to use its products. The company severed its relationship with Galindo and […]
Supremes deny Zimmer Biomet in $250m loss to Stryker
The U.S. Supreme Court today declined to take up the Zimmer Biomet (NYSE:ZBH) appeal of a $248 million loss to Stryker (NYSE:SYK) in a patent infringement case. The case dates back to December 2010, when Stryker sued orthopedics rival Zimmer, alleging infringement of 3 patents covering wound debridement technology by Zimmer’s Pulsavac Plus device. Last December the U.S. Court […]
Cleaning contractor glitch prompts Zimmer Biomet recall
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 […]
Zimmer Biomet licenses Bactiguard tech for trauma implants
Bactiguard said today that it inked an exclusive global license agreement worth up to $5 million with Zimmer Biomet (NYSE:ZBH) to apply its infection prevention technology to Zimmer’s orthopedic trauma implants. The agreement consists of an upfront license fee of $3 million and additional contingent payments of $2 million, based on clearance and royalties on net […]
Zimmer Biomet, Align Technology ink distribution deal
Zimmer Biomet (NYSE:ZBH) said yesterday that it entered into a multinational distribution deal with Align Technology (NSDQ:ALGN) for its iTero Element family of intraoral scanners. The companies did not disclose the terms of the agreement, but said the partnership has a goal of delivering multiple digital workflows for dental professionals and laboratories, enabling business-to-business collaboration and offering […]
Dexcom adds COO to CFO Blackford’s title | Personnel Moves, September 19, 2019
Dexcom (NSDQ:DXCM) this week added the COO role to CFO Quentin Blackford’s title. Blackford is now in charge of Dexcom’s global supply chain, manufacturing operations and expansion into new markets, the San Diego-based company said. He’s been CFO of the continuous glucose monitor maker since 2017, when he left the chief finance spot at NuVasive (NSDQ:NUVA). […]
The 20 largest medical device companies in the world
Consolidations continue to transform the roster of largest medical device companies in the world — as evidenced by the latest Big 100 list at our sister site Medical Design & Outsourcing. Overall, Big 100 companies saw $397.5 billion in sales during their most recent fiscal years, up 3.5% from the previous year. As companies continue to […]
Zimmer Biomet warns on Rosa Brain robot software issue
Zimmer Biomet (NYSE:ZBH) last week warned of a software glitch with its Rosa Brain 3.0 devices for robot-assisted neurosurgery procedures. No long-term adverse events were reported from the problem, in which a sequence workflow can trigger “a discrepancy between initial skin marking on the skull and instrument trajectory,” the Warsaw, Ind.-based company said. “In all […]
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