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Conference Calendar 
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
December 2011
Earnings Biomet pre-announced F2Q:12 last week, reporting that sales increased by 3% to $725.0 million compared to the prior-year period. Dental sales increased by 1% worldwide to $73.6 million and grew 11% in the U.S. Growth rates exclude the effects... more
KSpine raises $2.5M . . . ICOR provides international device registry update . . . Synthes sues Stryker . . . DePuy to distribute Anika's MONOVISC in the U.S. more
On Friday, Congress passed a bill that would delay a scheduled 27% cut in CMS reimbursement rates. These cuts have been mounting for years, as Congress has postpone each annual pay reduction with a legislative patch known as the "doc fix." more
Integra LifeSciences appointed Peter Arduini President and Chief Executive Officer, promoting him from the role of President and Chief Operating Officer, a post he's held since November of 2010. Current CEO Stuart Essig has been appointed Executive Chairman of the Board. The leadership transition is effective as of January 3, 2012. more
Biomet pre-announces . . . Oregon judge throws out SNN suture anchor ruling . . . Exactech initiates cartilage repair study . . . Spine Wave and MB Innovations announce partnership more
This has been a banner year for musculoskeletal consolidation, with a number of landmark deals taking place in spine, biologics and dental. Our analysis shows that there were 35 significant transactions announced in the musculoskeletal space this year, which compares to 25 in 2010 and just 15 in 2009. more
New legislation introduced by Senators Chuck Grassley (R-Iowa), Richard Blumenthal (D-Conn.), and Herb Kohl (D-Wis) would add a new layer of authority to the FDA's 510(k) pathway. If the bill is passed by Congress, the FDA would be granted the option of "conditional" 510(k) clearance, whereby the agency can require further post-market evaluation. Conditional approval is commonly associated with PMAs. more
Today we're launching a new feature: we'll be summarizing some of the latest research and clinical data from the top musculoskeletal journals. more
Baxter to acquire Synovis . . . FDA approves DePuy's AOX Antioxidant Polyethylene . . . EXAC launches Gibralt spinal system . . . CMS proposes industry relationships disclosure . . . Spinal Kinetics wins patent suit . . . Amp Orthopedics initiates two new studies . . . Vertiflex completes IDE enrollment . . . K2M names SVP Sales in the Americas more
TranS1 announced this morning that Medicare Administrative Contractor Palmetto GBA has reversed a prior non-coverage decision for the company's AxiaLIF and will now reimburse the procedure. Palmetto covers approximately nine million people in California, Virginia, North Carolina, South Carolina, Nevada, West Virginia and Hawaii. more
Symmetry Medical announced this morning plans to buy the surgical instrument portfolio and associated assets from J&J's Codman business. Symmetry will pay $165 million in cash for the line, which will report about $60 million in sales this year in a $1 billion worldwide market. more
Straumann announced this week that they are implementing a new structure to organize by sales region (EMEA & Latin America, North America, Asia/Pacific) and by business (Surgical, Prosthetics, Regenerative). These changes will help to address the increasing geographic scope and... more
Mazor reports earnings . . . HealthpointCapital acquires Blue Belt Technologies . . . DFINE receives regulatory clearance in Canada and Mexico . . . LDR approved to market ROC-C cervical cage, ROI-A ALIF cage in China . . . Ranier receives CE mark for Cadisc-C . . . DePuy launches Expedium Neuromuscular System . . . Exactech extends DPA . . . CA sobpoenas MDT over Infuse . . . IART opens China office . . . JNJ names Michel Orsinger worldwide chairman of its Global Orthopedics Group more
HealthpointCapital announced today the purchase of Blue Belt Technologies, Inc. Blue Belt is developing the next generation of "smart" surgical instruments for use initially in orthopedic procedures and then for other surgical specialties including neurosurgery and otolaryngology. Terms of the transaction were not disclosed.
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CMS has announced a new strategy against unnecessary procedures, initiating a demonstration wherein the Medicare payor will review and approve scheduled procedures in 11 states. The chosen states include Florida, California, Texas, New York and Ohio and were selected based on "high populations of fraud- and error-prone providers" or a large number of claims for short hospital stays. Analysts have raised concerns that pre-certifying cases will be burdensome for hospitals and may suppress procedure volumes. more
IlluminOss raises $4M . . . Nextremity Solutions gets CE mark . . . ArthroSurface announces HemiCAP milestones . . . ARTC to settle class action securities suit . . . Zimmer to establish R&D center in Beijing more
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