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DePuy Synthes/Johnson & Johnson posted 2Q15 orthopaedic sales of US $2,330MM, +0.9% vs. 2Q14. (U.S. $1,321MM, +2.1%; ex-U.S. $1,009MM, -0.4%) (Global growth by segment: Hips +2%, Knees +4%, Trauma -1%, Spine -1%) (Growth operational, reflects constant currency.)
Smith & Nephew (SNN) acquired the trauma and orthopaedics business of DeOst, which has distributed SNN products in Russia since 2009.
MX Orthopedics received FDA clearance to market the dynaMX™ Compression Staple, featuring Malleable Nitinol Technology, indicated for fracture and osteotomy fixation and joint arthrodesis of the hand/foot and fixation of proximal tibial metaphysis osteotomy.
DJO Global completed its asset acquisition from Zimmer Biomet, including Cobalt™ Bone Cement, Optivac® Cement Mixing accessories, the SoftPac™ Pouch and Discovery® Elbow system for the U.S. marketplace.
Zimmer completed its acquisition of Biomet in a cash and equity transaction valued at ~US $14BB. The new corporate entity, Zimmer Biomet, will trade on NYSE and the Swiss Exchange as ZBH beginning 6/29/15.
Zimmer (ZMH) agreed to divest U.S. rights and assets for the ZUK unicondylar knee to Smith & Nephew (SNN), and U.S. rights and assets for Biomet’s Discovery Total Elbow and Cobalt Bone Cement to DJO Global. The SNN transaction will close within 3 business days following closure of the ZMH/Biomet merger.
ConforMIS set terms for its IPO, offering 9MM shares at a price range of $14 to $16. The company expects to submit an application to FDA for clearance of the iTotal customized hip in 2015.
Aesculap Implant Systems received FDA approval to market the activL® Artificial Disc for treatment of 1-level lumbar degenerative disc disease.
EOS imaging received CE Mark approval for kneeEOS, the 1st 3D planning software for total knee arthroplasty based on EOS' bi-planar imaging.
OrthoSpace completed a financing transaction for an undisclosed amount. Proceeds will support market adoption, clinical study and entry into emerging markets for InSpace, a disruptive technology for the treatment of severe rotator cuff tears.
Strategic orthopaedic-related 510(k)s issued in April 2015 include: External Fixation System (Cardinal Health); Conventus PHS System (Conventus Orthopaedics); Interbody Cage (Eisertech); Facet-Link Stabilization Platform (Facet-Link); GPS Spacers (G Surgical); Fortibridge Anterior Cervical Plate (Nanovis Spine); Polyscrew Pedicle Screw (New Era Orthopedics); Airlock Osteosynthesis Plate (Novastep); Silicone Finger Implant (Osteotec); Dark Star Spinal System (Republic Spine); SIJFuse Sacroiliac Joint Fusion System (SpineFrontier); SMV Scientific Bone Screws (Summit MedVentures/SMV Scientific)
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