Strike one up for the team from Warsaw, the “Orthopedic Capital of the World,” as Warsaw-based Zimmer Holdings, Inc. announced on November 10 that it has acquired Memphis-based ExraOrtho, Inc. Memphis is home to numerous orthopedic companies and enjoys a healthy competition with it’s neighbor to the north. ExtraOrtho makes an external fixation line called [...]
Archive for ◊ November, 2011 ◊
* To cut 51 jobs; already reduced 29 positions * To reduce the rest 22 over fiscal 2012 * Sees $1.7 mln charge in Q2; rest in H2 fiscal 2012 Nov 16 (Reuters) – Medical device maker Accuray Inc said it would cut about 5 percent of its workforce, or 51 jobs, to reduce cost [...]
PLEASANTON, CA–(Marketwire – November 15, 2011) – CooperVision announced today that it is expanding its worldwide recall of the Avaira brand product line of contact lenses to include a limited number of lots of Avaira Sphere contact lenses. In continued collaboration with the United States Food and Drug Administration, CooperVision is expanding the recall because [...]
An unidentified medical device manufacturer is considering construction of a facility on Colorado Springs’ far north side that could employ more than 500 people. The company is looking to initially build 137,000 square feet of office and manufacturing space on nearly 18 acres southwest of Voyager Parkway and Republic Drive, east of Interstate 25, according [...]
The FDA has issued a Class I Recall for Mizuho Orthopedic Systems’ OSI Modular Table Systems. The incorrect removal of T-pins that support the bottom base, instead of the T-pins that support the top, may result in the lower table top and patient falling to the floor. http://www.fdanews.com/newsletter/article?issueId=15257&articleId=141718
The FTSE 100 medical devices manufacturer has said it will increase its research and development budget by $300m (£186m) over the next five years and plans to set aside 20pc of this for emerging markets. The investment comes as Smith & Nephew sharpens its focus on countries such as Brazil, Russia, China and India, with [...]
Citing the upcoming 2.3% medical device tax as well as a desire to drive continued growth, Stryker Corporation says it’s going to cut approximately 1,000 jobs by the end of 2013 to reduce costs by over $100 million beginning in 2012. A November 10 announcement said the company was going to cut its global workforce [...]
On November 2, 2011, Integra LifeSciences Holding Corporation announced the launch of a new IBD, the Complete Cervical Intervertebral Body Fusion Device, and the expanded market introduction of the Daytona Deformity Spinal System together with the Stainless Steel Spinal System, both of which were previously released on a limited basis in 2010. IBDs are small, [...]
Spinal USA, headquartered in Pearl, Mississippi, introduced two of the firm’s new spinal treatment devices at the November meeting in Chicago of the North American Spine Society (NASS). The two technologies, which recently received FDA 510(k) clearance, are the Vault Stand Alone ALIF System and the S-LOK PC Posterior Cervical System. Company officials say that the VAULT [...]
The winners of the 2011 Orthopedics This Week Best New Technology award for Spine are: Advanced Biologics, LLC, Aesculap, Inc., AlloSource, CoAlign Innovations, Inc., Ellipse Technologies, Inc., NeuroLogica Corporation, NLT SPINE, Nocimed, LLC, The Society for Minimally Invasive Spine Surgery and Thompson MIS. This annual award rewards inventors, engineering teams, surgeons and their companies who’ve [...]




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