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May 20-23 - Current Concepts in Joint Replacement Spring 2012
May 23-25 - 13th EFORT Congress 2012
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Orthopedic and Dental Industry News
January 2007
With AAOS 2007 nearly upon us, we've summarized the analyst meetings calendar below: Wednesday, February 14, 2007 Smith & Nephew Analyst and Investor Breakfast 8:00 a.m., San Diego Marriott Hotel and Marina Zimmer Analyst Meeting 5:00 p.m., Manchester Grand Hyatt... more
Zimmer reported 4Q:06 earnings of $1.02 per share on revenue of $933.6 million, beating analysts' estimates of a profit of 99 cents per share on revenue of $925.8 million. $933.6 million represents a 10% increase (8% constant currency) over 4Q:05.... more
Late last year we published a survey to learn more about our audience. We had a great response, and we're glad to share the data with you. We gathered data between December 13th and 21st, 2006 from both the HealthpointCapital... more
Last week, Akron General Medical Center announced a technology transfer initiative designed to bring product development into the hospital - and, ideally, open the region to new medtech development and investment opportunities. The nonprofit hospital's new Technology Transfer, Commercialization and... more
A new bill was introduced in the New Jersey state legislature earlier this month that would allow patients to decide if they want to receive a reprocessed medical device. A similar bill was introduced in Massachusetts last year, but it... more
Earnings Stryker reported a 28% increase in sales of orthopedic implants and endoscopy products for 4Q:06. The Company earned $227.9 million, or 55 cents per share, meeting analysts' estimates, compared with a profit of $178.4 million, or 43 cents per... more
Last July, we reported on a Connecticut lawsuit against the Healthcare Research and Development Institute (H.R.D.I), a for-profit consulting firm that advised pharmaceutical, medical device and financial services companies on selling their products to hospitals. Yesterday, following an investigation by... more
Johnson & Johnson reported 4Q:06 financials yesterday. As part of the report they provided insights into DePuy Orthopedics. Generally speaking, DePuy's 4Q:06 were mediocre at best. DePuy reported revenues of $1.06 billion for the 4Q:06 which was an 8% increase... more
It is evident that orthopedic stocks are on the move. The table below clearly indicates that orthopedic valuations have remained fairly constant during the last 18 months. However, beginning approximately 30 days ago orthopedic valuations began to increase. A year... more
-License agreements are in lieu of proposed merger, which was terminated upon the signing of the license agreements - - Conference call scheduled for 4:30 p.m. Eastern time - CARLSBAD, Calif., Jan 23, 2007 /PRNewswire-FirstCall via COMTEX News Network/ --... more
This afternoon MDMA held its monthly call, outlining policy changed that are on the horizon for 2007. We've outlined some of their comments below: MDUFMA Negotations for MDUFMA II have been ongoing since February of 2006. The FDA has recently... more
Research and Markets has released a new report on the medical device industry in Mexico. In their press release, Research and Markets cited Mexico's population of 100 million, earning their place as the second-largest device market in the Americas (the... more
Earnings Lifecore Biomedical reported earnings for the second quarter ending December 31, 2006. Net income fell to $1.37 million, or $.10 per diluted share during the quarter from $1.39 or $.10 per diluted share, in the quarter ending December 31,... more
MIT's Technology Review reported recently on a new development out of Carnegie Mellon and the University of Pittsburgh: a custom ink-jet printer that can print tissue using stem cells from mice and growth factor. This is how the Carnegie Mellon/University... more
As reported in the Wall Street Journal this morning, costs relating to arthritis are growing - and this trend is expected to continue, spurned by an aging population and the obesity epidemic. In 2003, arthritis and related conditions cost the... more
M&A Paragon Medical has entered into an agreement to acquire OMC Precision Products and Tutela Medicus. OMC provides machining, finishing and assembly of implants, primarily for the spinal and neurological markets, and Tutela offers product development services to device manufacturers... more
An annoucement from a top orthopedics journal encourages the industry to consider how research is used by those who aren't physicians. JBJS announced on January 1st that they were initiating a new program of patient access to journal content: patients... more
Regulatory An FDA advisory panel will review Corin's Premarket Approval application for the Cormet metal on metal resurfacing hip in February. Corin has sought FDA approval of the Cormet implant, but the process has been slow after it failed to... more
Kyphon's pending acquisition of Israeli-based Disc-O-Tech's Assets for $240 million is only a part of the dollar volume of Israeli technology M&A activity in 2006. The Israeli Venture Capital Research Center reported that in 2006, 76 M&A technology deals involving... more
Following up on an earlier blog about orthopedics' demand for a blood substitute, new research developments don't bode well for two synthetic products. Elective orthopedic surgery has one of the highest rates of patient blood loss; an effective blood substitute... more
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