April 20, 2018 | Blake Mossy
Cadence entered a definitive agreement to be acquired by Kohlberg & Company, a private equity firm based in Mount Kisco, New York. Candence is a provider of complex high-precision components and finished devices for advanced surgical and specialty industrial applications. The investment from Kohlberg will support Cadence as it expands capabilities across all markets.
Advanced Biomedical Technologies (ABT) received approval from the China Food and Drug Administration for its polymer orthopedic internal fixation screws. The company intends to bring additional polyamide-based fixation products to the region, such as rib pins, binding wires, micromodule screws/plates and CMF plates.
Arthrosurface received 510(k) clearance from the FDA for its OVOMotion Shoulder Arthroplasty system, a stemless total shoulder system for the treatment of damaged arthritis, trauma or Avascular Necrosis. The stemless total shoulder system aims to provide the surgeon with an approach which results in increased exposure to the glenoid, and minimizes bone removal.
Ceterix Orthopaedics received 510(k) clearance from the FDA for its NovoStitch Pro Meniscal Repair system, indicated for meniscus surgery. The system aims to enable surgeons to place stitches arthroscopically in tight joint compartments to treat complex meniscal tears in knees, hips and shoulders, allowing them to address complex meniscal tears that have not been amendable to repair in the past. Improvements to the latest version include an ergonomic and handle and visual cues for stich placement.
PRODUCT INTRODUCTION & UPDATE
CoreLink announced the launch of its Foundation 3D titanium interbody cage systems, designed for cervical and lumbar fusion. The titanium devices utilize additive manufacturing to create Mimetic Metal technology that aims to mimic key characteristics of natural bone, using 100% open-pore architecture and micro roughened porosity with significant hydro-wicking properties. The lumbar devices incorporate a StrutSure technology that utilizes asymmetric load sharing support structure with an interconnected lattice that is designed to provide the optimal balance between strength, stiffness, and stability.
Konica Minolta Healthcare Americas launched its KDR Primary Digital Radiography, a small-footprint system designed for office-based x-ray imaging such as orthopedic groups, family practices and urgent care centers. The system fits in standard rooms and the detector rapidly captures detailed bone and soft tissue images from one exposure in-house, eliminating the need to send patients to another location.
Paragon 28 launched its JAWS Nitinol Staple system, designed for osteotomy, arthrodesis and fragment fixation of bone and joints of the foot, including small bone fragments. The system utilizes superelastic nitinol and a simple insertion method to gain rigid compression across an osteotomy site. The system comes in a self-contained, disposable, sterile kit, with an auxiliary instrument set that includes trial sizers, decortication instrumentation and a compressor for use with midfood to hindfoot fusions.
SpineGuard announced the first surgical use of its PediGuard device in a spinal deformity surgery. Professor Yong QIU performed that surgery at his spine center, which is the largest scoliosis center in China, performing around 600 scoliosis surgeries per year. This surgery case demonstrates the ability of XinRong Medical to quickly bring to market the product to the most preeminent surgeons in China.
Zimmer Biomet announced the completion of the first surgical case utilizing its Persona Trabecular Metal (TM) Tibia. The system received 510(k) clearance from the FDA in January 2018 and is comprised of a porous biomaterial made from elemental Tantalum with structural, functional and physiological properties similar to cancellous bone.
iOrthopedics received a patent from the United States Patent and Trademark Office (USPTO) for its Universally Expanding Spine cage, an expandable, implantable cage body. It’s the company’s third IP validation of design and method treatment for spine patient care, controlling UEC implant expansion proximally, distally or both (uniformly), 3D printed and indicated for cervical to lumbar arthrodesis, which aims to aid in deformity correction. The company offers full treatment options for neck to low back, insertion variably through any safe portal for positive surgical results in both horizontal bone stabilization and vertical alignment.
Konica Minolta Healthcare Americas entered into an agreement to collaborate on the distribution of HydroCision’s TenJet Percutaneous Tenotomy system. The system is an all-in-one tool for needling, debridement and lavage of diseased tendon tissue under ultrasound guidance. TenJet complements the company’s SONIMAGE HS1 and J5 ultrasound systems, and employs a proprietary method to deliver sterile saline plus suction to cute and remove tissue of various densities, minimally-invasively. The non-thermal saline stream eliminates the risk of damage to surrounding health tissue and can be used in all joints.