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Lima Ownership, SNN's REDAPT and FDA Reclassification Activity Top March 2016 News

What ORTHOFLASH news was the most popular during March?

The Ownership of Lima Corporate

EQT, a global private equity group, with Hansjörg Wyss as co-investor, completed acquisition of the majority of shares of Lima Corporate in March 2016. A newly-formed Advisory Board includes Doug Kohrs, former CEO and President of Tornier.

Smith & Nephew Unveils REDAPT Revision 3D-Printed Titanium Hip

The device, debuted at AAOS 2016, is now available on a limited basis in the U.S.

FDA Proposes Classification of Posterior Cervical Screws

Since 2001, FDA has regulated posterior cervical screw systems as unclassified pre-amendments devices requiring premarket notification (510(k)). The Agency FDA will accept comments on Class II assignment through June 8, 2016.

In’Tech Medical Acquires Ortho Solutions in Asia

The contract manufacturer increased its global footprint in this transaction that followed its 2015 acquisition of Turner Medical.