Tag-Archive for ◊ orthopedic ◊

• 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 […]

• Friday, January 17th, 2014

A Virginia podiatrist is convicted of lying to a grand jury about her involvement in a scheme to defraud Medicare by collecting reimbursement for procedures using Orthofix’s bone growth stimulator. Virginia podiatrist Ilene Terrell was convicted today of lying in a federal probe of Orthofix International (NSDQ:OFIX) and its bone-growth stimulators. Terrell copped to 4 counts of […]

• Thursday, December 05th, 2013

FDA Clears TYRX Antibacterial Envelope for Use with Spinal Cord Neuromodulators MONMOUTH JUNCTION, N.J.–(BUSINESS WIRE)–TYRX, Inc. announced today that it has received U.S. Food and Drug Administration (FDA) clearance for expanded indications in marketing the AIGISRx N Antibacterial Envelope for use with spinal cord neuromodulators. This comes after the recent FDA clearance of the AIGISRx […]

• Wednesday, December 04th, 2013

Teleflex Completes Previously Announced Acquisition of Vidacare Corporation LIMERICK, Pa.–(BUSINESS WIRE)– Teleflex Incorporated (TFX), a leading global provider of medical devices for critical care and surgery, announced today that it has completed the previously announced acquisition of Vidacare Corporation, the leading provider of intraosseous, or inside the bone, access devices. Based on the date of […]

• Wednesday, December 04th, 2013

Medtronic Surgical Technologies has completed a $14 million, 17,000-square-foot surgical training facility at its headquarters in Jacksonville, Fla. The facility, which is known as the Dr. Glen Nelson Surgeon Education and Training Center, will provide training for surgeons in cranial, spinal and ear, nose and throat procedures. It is named for Glen Nelson, a practicing […]

• Saturday, November 23rd, 2013

A New Jersey judge warned of several “rogue websites” by lawyers seeking to take advantage of Johnson & Johnson (JNJ)’s agreement to pay at least $2.47 billion to settle thousands of lawsuits over its recalled hip implants. Superior Court Judge Brian Martinotti heard a summary in Hackensack today of the settlement from lawyers who negotiated an […]

• Thursday, November 21st, 2013

A unit of Johnson & Johnson has agreed to pay an estimated $2.5 billion to settle thousands of lawsuits from individuals allegedly injured by the company’s artificial hip implants, the company announced Tuesday. The settlement, announced during a hearing in federal court in Ohio on Tuesday, would compensate an estimated 8,000 patients who underwent surgery […]

• Thursday, November 14th, 2013

Johnson & Johnson has tentatively agreed to a settlement that could reach up to $4 billion to resolve thousands of lawsuits filed by patients injured by a flawed all-metal replacement hip, said two lawyers briefed on the plan. The tentative plan, which must win court approval, represents one of the largest payouts for product liability […]

• Wednesday, November 13th, 2013

Solta Medical Inc. SLTM +1.27% unveiled restructuring plans to improve its financial performance, and has hired an advisor to help evaluate strategic alternatives, including a possible sale or merger of the medical aesthetics device maker. Investors cheered the news, sending shares up 17% to $2.15 in after-hours trading. Solta Medical’s restructuring plan, which includes a reduction in work […]