When a patient walks into a hospital on the day of a scheduled surgery, there is usually a tremendous amount of nervousness that follows. While, surgeons have been specially trained, and the majority of them have probably taken part in numerous similar operations in the past, there is still a cause for … Read more […]
NEWS
5 Things Medtronic, Inc.’s Management Wants You to Know
Medtronic recently reported first-quarter earnings , topping analyst expectations as non-GAAP earnings rose 6% and revenue climbed 5%.But the quarterly report only tells half the story. Let’s look at the five most interesting things that CEO Omar Ishrak discussed during the medical-device maker’s earnings conference call.The spine business will hopefully strengthen… Read more »
Med-tech industry is booming in China
August 25, 2014 (Star Tribune)-Now med-tech firms are seeing double-digit growth as they partner with Chinese manufacturers,purgase Chinese companies, and race to educate and woo Chinese doctors and patients eager to tap the latest technology. Read more »
Med-tech industry is booming in China
August 25, 2014 (Star Tribune)-Now med-tech firms are seeing double-digit growth as they partner with Chinese manufacturers,purgase Chinese companies, and race to educate and woo Chinese doctors and patients eager to tap the latest technology. Read more »
Peking University Implants First 3D Printed Vertebra
Doctors at Peking University have successfully implanted the first 3D printed vertebrae in a young patient.The patient, a 12 year old boy, had a malignant tumour in his spinal cord. After hours of specialized spinal cord surgery, doctors replaced a section of cancerous vertebra in his neck with the 3D printed piece. Read more »
Peking University Implants First 3D Printed Vertebra
Doctors at Peking University have successfully implanted the first 3D printed vertebrae in a young patient.The patient, a 12 year old boy, had a malignant tumour in his spinal cord. After hours of specialized spinal cord surgery, doctors replaced a section of cancerous vertebra in his neck with the 3D printed piece. Read more »
Tissue Regeneration Systems to Collaborate with J&J, DePuy Synthes
Earlier this summer, Johnson & Johnson Innovation and DePuy Synthes Products announced a new collaboration with Plymouth, MI-based Tissue Regeneration Systems (TRS) to help developRead more »
Med World Live- A new innovative way to train sales reps and physicians using video.
CHARLOTTE, N.C., Aug. 12, 2014 /PRNewswire/ — Med World Live, Inc. is excited to announce six new agreements with The American Academy of Pediatrics, Benvenue Medical, Mazor Robotics, Orthofix, SMISS and Stryker Neuro Spine ENT. Medtronic Spine & Biologics has been a valued customer of ours since 2011.The Med World Live portal technology offers a […]
Aesculap Implant Systems Launches S4 Element(R) MIS System, First Endoscope Guided Pedicle Screw System for Minimally Invasive Spine Surgery
CENTER VALLEY, PA–(Marketwired – August 19, 2014) – Aesculap Implant Systems announced today the availability of the new S4 Element® MIS System, the only posterior lumbar pedicle screw fixation system to utilize endoscope technology to gain direct visualization, providing the advantages of minimally invasive surgery (MIS) with enhanced view of surgical site. To further differentiate […]
Medtronic profit dips 9% on one-time costs
The medical device maker saw sales gains across nearly all its product lines and executives said they would press forward with Covidien deal.Costs are already mounting for Medtronic Inc.’s proposed $43 billion acquisition of Irish healthcare supplier Covidien, which dented its latest profit even as Read more »
Frost & Sullivan Recognizes Baxano Surgical as a Leader in MIS Spine Innovation
MOUNTAIN VIEW, Calif., Aug. 18, 2014 /PRNewswire/ — Based on its recent analysis of the minimally invasive spinal surgical solutions market, Frost & Sullivan recognizes Baxano Surgical, Inc. with the 2014 North American Frost & Sullivan Award for Product Line Strategy Leadership. Baxano Surgical’s superior products facilitate minimally invasive surgery (MIS), offering both patients and […]
Three people died in illegal human experiments carried out by John Podesta backer’s firm
John Podesta, one of President Obama’s closest White House advisers, counts among his key financial supporters Hansjorg Wyss, a reclusive Swiss billionaire whose company conducted illegal human experiments that resulted in the deaths of three elderly patients.Justice Department attorneys negotiated a $23.8 million plea deal in 2011 with Synthes Inc., and Norian Corporation, its wholly […]
Three people died in illegal human experiments carried out by John Podesta backer’s firm
John Podesta, one of President Obama’s closest White House advisers, counts among his key financial supporters Hansjorg Wyss, a reclusive Swiss billionaire whose company conducted illegal human experiments that resulted in the deaths of three elderly patients.Justice Department attorneys negotiated a $23.8 million plea deal in 2011 with Synthes Inc., and Norian Corporation, its wholly […]
Devicemaker sales reps being replaced in the OR
“To cut the price of orthopedic implants and curb the influence of manufacturers, some hospitals are training their own employees to provide technical assistance to operating room staff, displacing company sales representatives who have offered this service to surgeons for decades” says the article that today appears in the modernhealthcare.com. It is true that the […]
Devicemaker sales reps being replaced in the OR
“To cut the price of orthopedic implants and curb the influence of manufacturers, some hospitals are training their own employees to provide technical assistance to operating room staff, displacing company sales representatives who have offered this service to surgeons for decades” says the article that today appears in the modernhealthcare.com. It is true that the […]
Medtronic founder Bakken praises Covidien purchase
WASHINGTON – Medtronic Inc. founder Earl Bakken has reached out to employees of the company to promote its purchase of Covidien, a deal that has stirred controversy over the tax benefits it would bring.The Fridley-based device maker on Thursday sent a message signed by Bakken that praises the $43 billion deal, which would move Medtronic’s […]
Advanced Biologics publishes additional OsteoAMP® data in Journal of Spine
CARLSBAD, Calif., Aug. 13, 2014 /PRNewswire/ — Advanced Biologics announced today the acceptance for publication of a new OsteoAMP study to be published in the Journal of Spine. In the study titled, Clinical Validation of Allogeneic Morphogenetic Protein: Donor Intervariability, Terminal Irradiation and Age of Product is not Clinically Relevant, an analysis was completed looking […]
Medtronic hires lobby group for Irish tax move
A battle in the US to try to block multinational corporations from shifting their tax base to low-tax countries such as Ireland is heating up.could be coming closer to reality.Read more »
Zimmer hopes deal accelerates products
The possibilities might sound like science fiction: personalized artificial hip implants and intelligent surgical instruments.But with Zimmer Holdings Inc.’s pending $13.35 billion acquisition of Biomet Inc., medical advances that once seemed years away could be coming closer to reality.Zimmer officials are talking about almost doubling their annual budget for research and development of new products […]
Deal making in orthopedics
Downward pressure on the orthopedic medical device sector from reimbursement and pricing, utilization of costly procedures, increasing commoditization, and the need to drive growth, are driving mergers and acquisitions at a fast pace. Read more »
Deal making in orthopedics
Downward pressure on the orthopedic medical device sector from reimbursement and pricing, utilization of costly procedures, increasing commoditization, and the need to drive growth, are driving mergers and acquisitions at a fast pace. Read more »
U.S. Seeks More Information on Medtronic’s Covidien Deal
U.S. regulators are seeking more information regarding Medtronic Inc. deal to buy Covidien which includes plans for a so-called inversion that would lighten the merged company’s tax load.The Federal Trade Commission issued a second request for additional information and documentary material Wednesday, Medtronic said in a filing Thursday. Read More»
U.S. Seeks More Information on Medtronic’s Covidien Deal
U.S. regulators are seeking more information regarding Medtronic Inc. deal to buy Covidien which includes plans for a so-called inversion that would lighten the merged company’s tax load.The Federal Trade Commission issued a second request for additional information and documentary material Wednesday, Medtronic said in a filing Thursday. Read More»
Medtronic (MDT) Is Poised To Lead The Medtech Industry
The $43 billion Medtronic (MDT) and Covidien (COV) deal announced on June 15th raised a lot of hoopla from investors. Both companies have exceeded earnings estimates in Q1 2014 and the combined company is expected to become the global market leader in the cardiovascular and vascular markets with $27 billion in combined revenues.Read More»
Chinese Imitations vs Medtronic and DePuy Synthes: Rapid Growth Expected in the Chinese Spinal Implant Market
August 7, 2014 – (PRWEB) Vancouver, BC – According to spinal implant market data released by iData Research(http://www.idataresearch.com), the open surgeryspinal implant market in China is projected to be worth over $1 billion by 2019. While DePuy Synthes and Medtronic compete for this market’s top position, domestic competitors collectively threaten both companies by driving down […]
Chinese Imitations vs Medtronic and DePuy Synthes: Rapid Growth Expected in the Chinese Spinal Implant Market
August 7, 2014 – (PRWEB) Vancouver, BC – According to spinal implant market data released by iData Research(http://www.idataresearch.com), the open surgeryspinal implant market in China is projected to be worth over $1 billion by 2019. While DePuy Synthes and Medtronic compete for this market’s top position, domestic competitors collectively threaten both companies by driving down […]
LDR Holding Corporation Reports Second Quarter 2014 Results
AUSTIN, Texas, Aug. 6, 2014 (GLOBE NEWSWIRE) — LDR Holding Corporation (Nasdaq:LDRH), a global medical device company focused on designing and commercializing novel and proprietary surgical technologies for the treatment of patients suffering from spine disorders, today reported its financial results for the second quarter of 2014. Read more »