Upper Extremity

First Case with McGinley Orthopedics Lever Action Plate

First Case with McGinley Orthopedics Lever Action Plate
This is reportedly the first functional plate on the market, offering an opportunity to avoid suboptimal anatomic alignments which can lead to traumatic arthritis.

OrthoPediatrics Expands Network in Europe

OrthoPediatrics Expands Network in Europe
OrthoPediatrics broadened its reach in Germany, Austria and Switzerland by converting long-standing distributor partners to sales agencies.

DePuy Synthes Launches Radial Head Replacement

DePuy Synthes Launches Radial Head Replacement
The system features side loading spacers and single-use instrument kits, as well as radiolucent trials to improve visualization and sizing.

WishBone on a Mission to Bridge the Gap in Pediatric Orthopedics

WishBone on a Mission to Bridge the Gap in Pediatric Orthopedics
CEO Nick Deeter says that 95% of children continue to receive adult orthopedic products that were never intended for them nor cleared by FDA for use in children. WishBone seeks to change the paradigm of pediatric orthopedics with its child-focused implants and sterile packaged disposable kits.

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OIC Launches One Procedure, One Price Initiative

OIC Launches One Procedure, One Price Initiative
The initiative is designed to reduce the expense of orthopedic procedures and create a standard cost of care for patients, physicians and hospitals.

Acumed Adds Acute Thoracic Products to its Portfolio

Acumed Adds Acute Thoracic Products to its Portfolio
Acumed is adding products from Acute Innovations, an Acumed company that manufactures systems to treat traumatic chest wall injuries, to its portfolio. 

OrthoPediatrics Acquires Vilex, ExFix Technology

OrthoPediatrics acquired Vilex, with its Orthex Hexapod circular fixation technology and x-ray planning software, for USD $60MM. Vilex posted 2018 revenue of $11.8MM, mostly derived from U.S. sales.

Notable Companies in Fracture Repair – Where are they now?

In August 2014, we published a list of companies that we thought were at the forefront of fracture repair. Were we right-that they were worthy of watching? How have they fared since then? We searched funding, regulatory clearance and product launch announcements over the past four years to demonstrate thier activity. Let's recap!

Globus Medical Unveils FDA-Cleared Trauma Products

Globus Medical debuted its FDA-510(k)-cleared trauma products, comprising fracture plates, compression and cannulated screws, intramedullary nails and external fixation. 

Conventus Orthopaedics Receives $12MM Venture Loan

Conventus Orthopaedics closed a US $12MM venture loan. Funds will support commercialization of Nitinol-based cage technology, used to treat periarticular fractures.

Globus Medical’s First Trauma Case

Globus Medical completed its first orthopaedic trauma case using the ANTHEM™ Distal Radius Fracture system. 

Conventus Orthopaedics Raises $20MM

Conventus Orthopaedics completed a US $20MM equity financing. Funds will support commercialization of proximal humerus fracture repair technology and the development of the Conventus Cage™ intramedullary implant.

Strategic orthopaedic-related 510(k)s issued in March 2017

Strategic orthopaedic-related 510(k)s issued in March 2017 include: Joinix Cannular System (Aju Pharm), Unicompartmental Knee (Bodycad), Microfet 2 Dynamometer (Hoggan Scientific), Flex-Thread Clavicle Pin (Intrafuse), Evolution Revision Tibial System (MicroPort Orthopedics)

Series A Investment in Panther Orthopedics

Medeon Biodesign closed a Series A investment in Panther Orthopedics, a start-up developing devices for dynamic fracture fixation in the extremities.

Strategic orthopaedic-related 510(k)s issued in January 2017

Strategic orthopaedic-related 510(k)s issued in January 2017 include: Fibulink Syndesmosis Repair Kit (Akros Medical), Anatomic Total Knee (Amplitude), Facilis Pedicle Screw System (Baui Biotech), GEO Bone Screw (Gramercy Extremity Orthopedics), Roccia ACIF Intervertebral Fusion System (Silony Medical), Fitbone TAA Intramedullary Lengthening System (Wittenstein Intens)

Study Results: Generic Orthopaedic Implants Clinically Equivalent, Provide High Value

Independent study results indicate comparable clinical outcomes with the use of generic vs. conventional orthopaedic trauma implants, with savings averaging US $1,197 per case. Generic implants were provided by The Orthopaedic Implant Company.

Stryker to Acquire Instratek

Stryker entered into a definitive agreement to acquire Instratek, provider of implants and minimally invasive soft tissue recession instrumentation for foot, ankle and upper extremity procedures.

DePuy Synthes trauma Launches Variable Angle Locking Hand System

DePuy Synthes trauma commenced global launch of the Variable Angle Locking Hand System, comprising anatomically-contoured and low-profile plates to treat hand fractures and to correct deformities. 

MX Orthopedics Secures $0.75MM Accelerator Loan

MX Orthopedics was awarded a state-backed US $0.75MM Accelerator Loan. Funds will support commercialization of dynaMX™ superelastic orthopaedic fracture fixation implants.

DePuy Synthes/JNJ Acquiring BioMedical Enterprises

DePuy Orthopaedics has acquired BioMedical Enterprises, a manufacturer of Nitinol orthopaedic implants for small bone fixation to treat bunions, hammertoes, hand/wrist deformities, etc.

Stryker Acquires Stanmore Implants

Stryker acquired Stanmore Implants Worldwide in an all-cash transaction for £35.6MM (~US $52MM). Stanmore Implants' portfolio comprises patient-specific and off-the-shelf implant systems for limb salvage.

Strategic Orthopaedic-related 510(k)s issued in December 2015

Strategic orthopaedic-related 510(k)s issued in December 2015 include: Fusion Implant System (Bio2 Technologies), Spinal Fixation System (Changzhou Dingjian Medical), Metallic Intramedullary Nail (Changzhou Waston Medical), Latitude-C Cervical Interbody Spacer (DeGen Medical), V-Steady and V-Fast Bone Cements (G21), Firefly Pedicle Screw Navigational Guide (Mighty Oak Medical), Apex Revision Knee (OMNIlife sciences), Remedy Shoulder Spacer (Osteoremedies), Internal Joint Stabilizer, Elbow (Skeletal Dynamics) 

Bio2 Technologies Receives FDA Clearance for Extremities Fusion Implant

Bio2 Technologies received FDA 510(k) clearance to market a fusion system for interphalangeal fusion, fracture repair and osteotomies of toes, fingers and other small bones. Limited product launch is slated for 2Q16.