M&A Alphatec Holdings, Inc. announced that it has entered into a definitive agreement to acquire Scient'x Groupe SAS, a spinal implant company headquartered in France. The transaction is structured as an all-stock transaction such that 100% of outstanding Scient'x stock... more
Earnings MEDICREA reported revenues of EUR 6.1 million ($8.6 million) in 1H:09, representing a 32% increase over 1H:08, which the company attributed to growth in sales from direct subsidiaries, primarily in the United States. Net loss was EUR 1.5 million... more
GUYANCOURT, France & PITTSBURGH--(BUSINESS WIRE)--Scient’x Group S.A.S. (Scient’x), the worldwide leader in providing dynamic solutions for both fusion and non-fusion* procedures for the spine, today announced a strategic alliance with Allegheny General Hospital (AGH) in Pittsburgh, PA that will include... more
GUYANCOURT, France--(BUSINESS WIRE)--Scient'x Groupe S.A.S. (Scient'x) announces its focus on offering Dynamic Solutions for the spine. This corporate strategy positions Scient'x to be the worldwide leader in providing Dynamic Solutions for both non-fusion* and fusion procedures. The cornerstone of the... more
Funding Alphatec Spine, Inc. has successfully completed a private placement of $10.0 million of shares of its common stock to one of its existing shareholders, HealthpointCapital Partners II, L.P. Alphatec plans to use the net proceeds of the private placement... more
Scient'x Groupe, S.A. announced today that it has closed a combined growth credit facility with Oxford Credit Corporation and an incremental equity investment by the Company's principal shareholder, HealthpointCapital, LLC. The total credit and equity package amounts to $12.5 million.... more
Earnings aap Implantate reported 2008 revenues of EUR 31.9 million ($45.0 million), a 14% increase over 2007 sales. Sales in the Trauma & Orthopedics division grew by 35%. Biomaterials sales increased by 4%, with the company attributing slower growth to... more
Scient'x Groupe, S.A. announced today that veteran industry executive Oliver Burckhardt is joining the company as its President and Chief Executive Officer following the retirement from the Company of Michael D. Huggins. Mr. Burckhardt was formerly President of Orthofix Spine,... more
Earnings Corin reported 2008 revenues of GBP 39.8 million ($57.6 million), an 8% increase over 2007 sales. The company also reported a pretax loss of GBP 3.9 million ($5.6 million), which reflected a GBP 5.2 million ($7.2 million) inventory write-down... more
Scient'x S.A., a privately-held company dedicated to the development, manufacture, and commercialization of spinal systems, announced the introduction of the IsobarTM TTL In System, the latest addition to its IsobarTM TTL line of thoraco-lumbar pedicle screw based systems. This system... more
Funding Anulex Technologies, Inc. secured a $7.0 million growth capital term loan from Silicon Valley Bank. The company plans to use the proceeds to further their R&D efforts, complete their clinical study and expand their sales force. Anulex markets the... more
Scient'x, a privately held manufacturer of innovative spinal implant technologies, announced today the launch of the Tribeca Cage System which allows the surgeon to utilize a unilateral transforaminal approach to interbody cage insertion to minimize dural exposure. The Scient'x Tribeca... more
Regulatory Interventional Spine announced that the FDA has conditionally approved its IDE application for the PercuDyn System, pending the company providing some additional information to the FDA. CEO Walter Cuevas commented that the company will now begin collecting data to... more
Scient'x S.A., a privately-held company dedicated to spinal implants, announced today the strengthening of its R&D department. Scient'x, continuing its growth and expansion plans, has recently made two key additions to its Research and Development Team. Scient'x has always had... more
Paris - France, June 13, 2008 - Scient'x S.A., a privately-held company dedicated to spinal implants, announced today that additional appointments have recently been made to support Clinical Affairs and Surgeon relations. “These additions support our focused strategy of developing... more
Earnings Artimplant announced 1Q:08 revenues of SEK 2.1 million ($0.35 million), down from SEK 3.9 million ($0.66 million) in 1Q:07. Net loss for the quarter was SEK 6.2 million ($1.04 million), or SEK 10 ($1.68) per share, a deterioration from... more
MAITLAND, Fla., May 6 /PRNewswire/ -- Scient'x, a privately held manufacturer of innovative spinal implant technologies, announced today that they have received FDA 510(k) clearance to market their new Isobar DUO(TM) Dynamic Stabilization System. This system is an extension of... more
Earnings Alphatec Holdings reported consolidated revenues for 1Q:08 of $23.2 million, an increase of 19% from the year-ago period. U.S. revenues for the first quarter of 2008 were $18.6 million, an increase of 12% from the year-ago period. Asia revenues... more
PARIS, FRANCE - Scient’x, S.A. announced today that it has repurchased the Isobar dynamic rod license from Alphatec Spine, Inc. thus making Scient’x the ultimate exclusive holder of the Isobar dynamic rod intellectual property globally. With Isobar, Scient’x was first... more
Scient’x, S.A. announced today that veteran orthopedic industry executive, Michael D. Huggins, will join the company as its President and Chief Executive Officer. Mr. Huggins will also join the Scient’x Board of Directors. With this addition to the Scient’x executive... more
Healthpoint (Luxembourg) II, S.A.R.L., the new majority shareholder of Ideal Medical Products (IMP), announced that Michael D. Huggins will soon join IMP and its subsidiary Scient’x as Chief Executive Officer. Mr. Huggins was previously head of Global Spine at Synthes... 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
Paris, France, November 21, 2007 - HealthpointCapital Partners II, L.P., a private equity fund that specializes in orthopedic medical devices, announced today that, through its HEALTHPOINT (Luxco) II S.à.r.l. subsidiary, it has acquired Paris-based Ideal Medical Products, S.A. Ideal Medical... more
M&A Orthofix acquired the rights to all of the intellectual property related to the InSWing™ interspinous process spacer. InSWing is designed to relieve pain associated with lumbar spinal stenosis and can be used in a minimally invasive surgical procedure. Orthofix... more
Scient’x, a privately-held company dedicated to spinal implants, has announced today that it will launch 4 new implants at the Eurospine meeting being held in Brussels on October 3-6. Among these 4 products are: - Lyra, an antero-lateral plate to... more
Legal Federal prosecutors announced on Thursday the terms of a settlement with Zimmer, Depuy, Biomet, Smith & Nephew and Stryker following an investigation into physician compensation practices. Zimmer, Depuy, Biomet and Smith & Nephew entered into deferred prosecution agreements and... more
Earnings Stryker reported revenues of $1.46 billion, beating estimates of $1.44 billion and increasing 16% from $1.26 billion in 2Q:06. 2Q:07 earnings were $269.1 million, or $0.65 per share, beating estimates of $0.61 and up from $0.52 in the comparable... more
Paris, July 19, 2007 - Scient'x, a privately-held company dedicated to spinal implants, announced today that its second-generation cervical disc prosthesis has been implanted in 1.000 patients worldwide. The Discocerv artificial disc offers a unique design to restore normal biomechanical... more
Regulatory Life Spine announced 510(k) clearance for its static anterior cervical plating system Neo®-SL. The system features an integrated lock that allows bone screws to be securely fixated without any additional locking components. The FDA approved new labeling for Genzyme's... more
MAITLAND, Fla., June 25 /PRNewswire/ -- Scient'x USA, manufacturer of innovative spinal implant technologies, today announced that Federico P. Girardi, M.D. will be joining their Scientific Advisory Board. Dr. Federico Girardi is an Assistant Attending Orthopaedic Spine Surgeon at the... more
Earnings Tutogen announced results for first fiscal quarter ending December 31, 2006. Total revenues increased 43% to $11.5 million, compared to $8.0 million in the comparable quarter of fiscal year 2006. U.S. revenues increased 50%, and international revenues increased 27%... 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
-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
Earnings Update: CryoLife provided an update on its 3Q:06 projected revenues, which are estimated at ~$20 million, a 22% increase over the comparable quarter of 2005. In 3Q:06, its tissue processing revenues were ~$10.3 million, an increase of 41%, and... more
Appointment: Scient'x USA appointed Tracy Brown as Vice President of Sales. Mr. Brown was formerly with Microtek Medical and Stryker Spine, both in the area of marketing and sales. Scient'x, SA is a HealthpointCapital portfolio company. Clinical Update: At the... more
NASS Notes The North American Spine Society's 20th Annual Meeting in Philadelphia had a mature and thoughtful character this year compared to the fever pitch of prior meetings. The theme of this year's meeting was physician responsibility with major speeches... more
The North American Spine Society ("NASS") meeting this year is overwhelming us all with clinical and technology learning opportunities at the various sessions and meetings this year. We have taken the liberty of narrowing down the hundreds of sessions... more
MAITLAND, Fla., Aug. 25 /PRNewswire/ -- Scient'x USA announced today that Timothy J. Seese will join the company as Chief Operating Officer, beginning the first week of September. The appointment of Mr. Seese bolsters the company's executive management team, bringing... more
HealthpointCapital Announces Purchase of 33% share in Scient'x S.A., Developer of Innovative Spinal Implant Technologies Scient'x is leader in the developing field of motion preservation and dynamic stabilization for spine surgeries New York, NY., USA and Paris, France, June 29,... more
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