ConforMIS (NSDQ:CFMS) has sued Zimmer Biomet (NYSE:ZBH) alleging infringement of four different patents for personalized joint replacement surgery. In the lawsuit filed last week in U.S. District Court in Delaware, ConforMIS claims that Zimmer Biomet has infringed its patents for personalized knee and hip replacement surgery and for shoulder arthroplasty. Bedford, Mass.-based ConforMIS is targeting Zimmer […]
FDA approves Zimmer Biomet’s pediatric spinal tether for scoliosis
Zimmer Biomet (NYSE:ZBH) said it received the first FDA approval for a spinal tether device intended to correct pediatric scoliosis. Warsaw, Ind.-based Zimmer Biomet’s tether is an anterior vertebral body tethering solution that uses a flexible cord as an alternative to metal rods. The cord is designed to pull on the outside of a scoliosis […]
Have government scientists solved the artificial hips corrosion problem?
Argonne National Laboratory researchers tested metal alloys that ortho device companies have used in artificial hips for decades. Materials scientists at the U.S. Department of Energy’s Argonne National Laboratory usually test metal alloys for their ability to contain nuclear waste for millions of years. A couple of years ago, two of them decided […]
Zimmer Biomet fights below-market mini-tender
Zimmer Biomet (NYSE:ZBH) is advising its stockholders not to pick up a below-market mini-tender offer from TRC Capital, that firm’s latest attempt to pick up a medtech stock on the cheap. TRC is offering to buy up to 1 million ZBH shares at $115.35 apiece – 4.4% lower that their $120.60 closing price the day before […]
Zimmer Biomet beats Q2 expectations, raises outlook
Zimmer Biomet (NYSE:ZBH) raised its outlook on 2019 after beating the consensus forecast for both sales and earnings today, driven by an ongoing turnaround that’s six months ahead of schedule. The Warsaw, Ind.-based orthopedics giant posted profits of $133.7 million, or 65¢ per share, on sales of $1.99 billion for the three months ended June 30, […]
Heraeus can pursue trade secret suit against Zimmer Biomet supplier
A federal appeals court has resuscitated part of a 2014 Heraeus Medical GmbH lawsuit that accuses Esschem, a chemical supplier to Zimmer Biomet (NYSE:ZBH), of stealing Heraeus’ bone cement recipe. The three-judge panel in Philadelphia said on Friday that Heraeus can pursue claims stemming from Esschem’s alleged use of Heraeus’ information within three years before […]
Zimmer Biomet taps medtech vet Upadhyay for CFO | Personnel Moves June 20 2019
Zimmer Biomet (NYSE:ZBH) said yesterday that longtime finance chief Daniel Florin is stepping down effective July 1, to be replaced as CFO by medical device veteran Suketu Upadhyay. Florin is slated to stay on in an advisory capacity “for a period following the succession,” Warsaw, Ind.-based Zimmer said. Upadhyay’s CV includes stints Bristol-Myers Squibb, Endo International, […]
Tevosol taps Organ Recovery Systems vet Mills for CEO | Personnel Moves, June 17, 2019
Tevosol said it named Organ Recovery Systems veteran Ron Mills to be its new CEO. “Ron knows our technology and our market,” co-founder & CSO Dr. Darren Freed said in prepared remarks. “He brings a wealth of relevant experience to our team and adds a spark of creativity to drive the next exciting stage of […]
7 companies using robot-assisted surgery to transform orthopedics
It seems as if every orthopedic device company is getting involved in robot-assisted surgery — rolling out robots to assist surgeons operating on the knee, hip, shoulder or spine. Two events in recent years especially signaled that robots were coming into their own in the space: Stryker spent $1.7 billion for Mako Surgical in order […]
The robots are coming to medtech: Where’s the value?
As each medtech manufacturer gears up to bring robots to surgery, they’ll need to create an outcomes-oriented value story in order to compete. Will Randall, ZS The biggest medtech headlines so far in 2019 tell a consistent story: The robots are coming. From Medtronic’s $1.6 billion acquisition of Mazor in late December to Johnson & […]
Mom knows best: How mothers inspired medtech’s top CEOs
On Sunday, we Americans honor our mothers. The flowers, brunches, jewelry and other tokens can’t come close to repaying the women who raised us, fed us, tended our wounds, cleaned up our messes, made us clean up our own, and taught us how to be in the world. Business leaders often talk about their fathers’ […]
- 1
- 2
- 3
- …
- 37
- Next Page »
MassDevice Network
@MassDevice
LinkedIn
YouTube