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Orthopedic and Dental Industry News
December 2007
M&A Sandvik AB said its Sandvik Materials Technology division has acquired Medtronic's specialty instrument manufacturing plant in Memphis. Medtronic plans to move the plant's purchasing, receiving and quality functions to the company's development and logistics center nearby. The transaction is... more
CARLSBAD, Calif., December 20, 2007 -- Alphatec Holdings, Inc. (NASDAQ: ATEC), a medical technology company focused on the design, development, manufacturing and marketing of products for the surgical treatment of spinal disorders, announced the entry into an exclusive worldwide license... more
M&A BioMimetic announced the impending sale of its dental business and GEM 21S product to Luitpold Pharmaceuticals. Luitpold, who has been distributing the product since 2003, will pay BioMimetic $40.0 million in addition to ongoing royalty and milestone payments. The... more
Medtronic announced plans yesterday to bring spine and orthopedic therapies to the Chinese market through a joint venture with Shandong Weigao Group Medical Polymer Company Limited. Under the joint venture agreement, the companies will sell spine and orthopedic products, including... more
There were two big announcements from BioMimetic Therapeutics this week, the first being an announcement that came yesterday on the impending sale of the dental business and the GEM 21S product to Luitpold Pharmaceuticals, which currently markets GEM 21S. BioMimetic... more
The New York Times reported last week that post-doctoral fellow at Harvard discovered what keeps pregnant women upright amid changes to abdominal mass and center of gravity: the lumbar curve in the lower back and reinforcement of the lumbar vertebrae.... more
Earnings Tutogen reported FY07 revenues of $53.8 million, an increase of 42% over FY06. The Company reported net income of $6.8 million, or $0.36 per fully diluted share in fiscal year 2007 compared to a net loss of $0.6 million,... more
MAITLAND, Florida, December 12, 2007 -- Scient'x USA, an innovative leader in the development and marketing of products for the surgical treatment of spinal disorders, announced today that Bryce T. IntVeld has joined the Company as Vice President of Sales.... more
Wright Medical announced late yesterday that the company received a DOJ subpoena requesting documents on any surgeon consulting and professional service agreements dating from 1998 to the present. The company said the subpoena pertained specifically to agreements relating to hip... more
Exactech announced yesterday plans to acquire all outstanding shares of Altiva for a payment of $7.0 million in cash and Exactech common stock. The company previously announced a purchase valuation of Altiva totaling $25.0 million. Prior to the news of... more
BIRMINGHAM, Ala., Dec. 7 /PRNewswire/ -- BioHorizons Implant Systems, Inc. relocated its global headquarters in Birmingham, Alabama, to a state-of-the-art, 44,000 square foot facility. The new facility, located at 2300 Riverchase Center, houses all administrative services, a newly formed manufacturing... more
As originally announced back in June, this week the Supreme Court heard a Medtronic case involving a failed balloon catheter. The decision of the case could have broader implications for the FDA's authority and product liability. According to the... more
The article below was first published in ArgoSpine News in December 2006. As part of our sponsorship of ArgoSpine, we're republishing select ArgoSpine News content for our audience. This article, originally published in December 2006, was written by Paul R.... more
We're running a five-question readership survey to help shape our Musculoskeletal blog coverage. It should take you about a minute, since there are no open-ended questions. The survey is here: 2007 HealthpointCapital Musculoskeletal Readership Survey Anyone who completes the survey... more
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