Wright Medical received a binding offer under which Corin Orthopaedics would acquire Wright’s hip/knee business for 29.7MM in cash (~US $33MM). The proposed transaction is expected to close by early 4Q16.
Interim results from a U.S. 300+ patient multi-center prospective study of ConforMIS’ iTotal CR total knee indicate that 92% of patients were satisfied with their procedures at one year.Â
Preclinical data on adipose-derived mesenchymal stem cells in a rat model, using technology similar to AlloSource’s AlloStem® Cellular Bone Allograft process, showed bone formation within a critical-sized defect in all study subjects.
Merit Medical Systems, manufacturer of proprietary disposable devices used primarily in cardiology, radiology and endoscopy, acquired DFINE in a merger transaction for ~USÂ $97.5MMÂ in cash.
Study results indicate that patients treated with Spineart’s BAGUERA® C cervical disc in 1- or 2-level arthroplasty exhibited good mobility at treated and adjacent levels, disc height restoration and evidence of adjacent level preservation.