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 [...]

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 [...]

Tornier, Inc. introduced the Porous Coated Affinity Stem for shoulder joint replacement surgery on May 19. The company announcement stated the stem facilitates device fixation to bone without bone cement and addresses a large segment of the market represented by patients for whom fixation with cement is a problem. The company believes the expanded Affinity [...]

Orthopedic implant and surgical products maker Stryker Corp. said Monday it will buy rival Orthovita Inc. for about $304 million in cash. Orthovita’s products include Vitoss bone grafts and Cortoss bone augmentation material. It also sells Vitagel, which is designed to reduce bleeding. Stryker is offering $3.85 per share, a premium of 41 percent from [...]

In a possible sign of things to come for device makers, Medtronic has cancelled five contracts with Novation LLC, one of the largest contracting companies in the nation. The contracts cover orthopedic and cardiovascular products. “With an eye on removing costs from the health care system, Medtronic believes that we will be best able to [...]

S&N’s new cry? Smaller, stronger, better…Smith & Nephew Orthopaedic Division has just introduced its Short Modular Femoral (SMF) Hip System, a modular total hip replacement stem system that, says the company, exceeds the versatility and neck strength of a standard, full-size primary hip stem, while providing the stability of the traditionally longer, more invasive implant. [...]