Archive for the Category ◊ Orthopaedics ◊

• Wednesday, July 20th, 2016

Arthrex, the North Naples-based manufacturer of medical devices and surgical supplies, is expanding with a capital investment of more than $63 million, creating 560 jobs at its corporate campus. Arthrex is the company behind the mysterious “Project Nikita.” In May, Collier County commissioners approved more than $1 million in incentives for the project. Commissioners knew who was […]

• Wednesday, June 17th, 2015

6/17/2015 6:31:11 AM LONDON, June 17, 2015 /PRNewswire/ — Smith & Nephew (NYSE: SNN; LSE: SN), the global medical technology business, announced that it has received payment in connection with the recent affirmation by the U.S. Court of Appeals for the Federal Circuit of a $95 million patent infringement judgment against Arthrex, Inc., (Naples, Fla). Although Arthrex continues to […]

• Monday, May 11th, 2015

5/11/2015 6:15:23 AM Nevro Corp Receives FDA Approval For Senza Spinal Cord Stimulation System Delivering HF10 Therapy MENLO PARK, Calif., May 8, 2015 /PRNewswire/ — Nevro Corp. (NYSE: NVRO), a medical device company that is providing innovative evidence-based solutions for the treatment of chronic pain, today announced that it has received approval from the United States Food […]

• Tuesday, February 17th, 2015

2/16/2015 6:26:54 AM Michelson Diagnostics Closes £ 2.5 Million First Tranche of £ 4.0 Million Series B Fundraising KENT, UNITED KINGDOM–(Marketwired – Feb 16, 2015) – Michelson Diagnostics Limited Michelson Diagnostics closes £2.5 million First Tranche of £4.0 million Series B fundraising Smith & Nephew as Cornerstone Investor Highlights: Smith & Nephew makes £1.25 million […]

• Wednesday, December 17th, 2014

RICHMOND, Va. (AP) — Global medical device company K2M Group Holdings Inc. is relocating its headquarters and research and development operations in Loudoun County. Gov. Terry McAuliffe said Friday that the$28 million project in Leesburg is expected to create 97 new jobs and retain 268 jobs.   K2M Group’s work focuses on designing, developing and […]

• Monday, March 10th, 2014

United Orthopedic Corporation Enters U.S. Market IRVING, Calif.–(BUSINESS WIRE)–Today, United Orthopedic Corporation (UOC) – a leading international designer, manufacturer, and distributor of innovative orthopedic implants and instruments – announced its entrance into the American market, offering clinically proven, safe and cost-effective hip and knee devices through its U.S. subsidiary, UOC USA. “United Orthopedic Corporation is […]

• Thursday, February 20th, 2014

Smiths Medical president Srini Seshadri steps down, making way for Zimmer executive Jeff McCaulley. Smiths Medical president Srini Seshadri is expected to step down, and Zimmer (NYSE:ZMH) executive Jeff McCaulley will step into the top office. There was no reason given for Seshadri’s departure. He joined the company in 2006 and helped navigate some tough […]

• Thursday, February 20th, 2014

Arthrex loses its bid for a new trial in its patent infringement war with KFx Medical, but must pay royalties on sales of its SpeedBridge and SutureBridge shoulder anchor devices.   A $29 million judgment against Arthrex will stand in its patent war with KFx Medical after a federal judge in California declined to grant […]

• Monday, February 03rd, 2014

Wright Medical Group, Inc. Announces Acquisition of Solana Surgical, LLC and Entry into Definitive Agreement to Acquire OrthoPro, LLC MEMPHIS, Tenn.–(BUSINESS WIRE)–Wright Medical Group, Inc. (NASDAQ: WMGI) today announced it has acquired Solana Surgical, LLC (Solana) and entered into a definitive agreement to acquire OrthoPro, LLC (OrthoPro), both privately held high growth extremity companies. The […]

• Wednesday, January 29th, 2014

Negative Pressure Wound Therapy helps reduce infections and other surgical complications, according to a clinical review published by a Smith & Nephew-funded expert panel. Smith & Nephew (FTSE:SN, NYSE:SNN) touted the outcomes of a clinical study review, reporting that Negative Pressure Wound Therapy proved effective in reducing complications when applied to surgical wounds for a few […]