Wright Completes Sale of Tornier Large Joints to Corin
Wright Medical completed the sale of Tornier’s hip/knee business to Corin for 29.7MM in cash (~US $32.3MM). Oct 24, 2016
FDA Clearances of Specialized Components for Medicrea Pediatric Deformity
Medicrea received FDA 510(k) clearances for its PASS® XS posterior fixation and LigaPASS® XS band connector components, designed to address spinal deformities in small stature patients. Oct 21, 2016
M&A Close-up: 2016 Transactions Year to Date
Strategic transactions year to date in 2016 represent participants from OEMs, Suppliers, Distributors and Private Equity, with values ranging from $10 million to $1 billion. Oct 21, 2016
Postmarket Surveillance and M&A
Data collection is paramount to the success of any orthopaedic device. What happens to the much-coveted postmarket data/initiative during and after a merger or acquisition? We posed this question to Vicki Anastasi, Vice President & Global Head, Medical Devices & Diagnostics Research with ICON plc. Oct 21, 2016
Zimmer Biomet to Distribute Nextremity Solutions Products
Zimmer Biomet entered into an exclusive agreement to globally distribute Nextremity Solutions’ foot and ankle deformity correction products. Oct 20, 2016
Paradigm BioDevices Milestone for QuickDraw MIS Bone Harvester
Paradigm BioDevices completed its 25,000th case with the QuickDraw MIS Bone Harvester™. A single-use, sterile version of the system is slated for launch next week, and CE Mark approval is expected by year-end. Oct 20, 2016
Randomized Study Results: Safe Orthopaedics
Randomized study results indicate that Safe Orthopaedics’ single-use spine surgical instruments yielded an 80% decrease in pre- and post-operative times. Oct 20, 2016
aap Implantate Launches Polyaxial LOQTEQ® VA Ankle System
aap Implantate launched polyaxial LOQTEQ® Variable Angle Distal Tibia and Fibula Plates 2.7/3.5. Oct 20, 2016
Isto Technologies Acquires Arteriocyte Medical
Isto Technologies acquired Arteriocyte Medical Systems, forming Isto Biologics. The new entity will offer evidence-based solutions for spine and orthopaedic applications. Terms were not disclosed. Oct 19, 2016
CollPlant VergenixSTR Receives CE Mark for Tendinopathy
CollPlant received CE Mark approval for Vergenix™STR soft tissue repair matrix for the treatment of tendinopathy. EU launch is anticipated in coming months. Oct 19, 2016
