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Thursday, 17 January 2013 11:22

Biomet Posts 9% Sales Increase in 2013 2Q

Biomet's net sales increased by 9 percent to $790.1 million in the second quarter of the 2013 fiscal year, compared with $725.1 million during the second quarter of last year.
The Food and Drug Administration granted 21 spine-related device clearances in December.
Published in Spine
Thursday, 17 January 2013 08:43

Dr. Andrew Cappuccino Sues NuVasive for $660k

Andrew Cappuccino, MD, an orthopedic spine surgeon with Buffalo Spine Surgery, has filed a lawsuit with the U.S. District Federal Court, Southern District of California, against spine device company NuVasive.
Published in Spine
Wednesday, 16 January 2013 12:16

TranS1 Reports $4.1M 4Q Revenue, Up 3%

In its preliminary unaudited fourth quarter revenue report, lumbar spine device company TranS1 saw $4.1 million in revenue, a 3 percent increase from the fourth quarter of 2011.
ArthroCAD completed Series A round of financing to secure funds for its total hip arthroplasty product development.
Hydrocision hopes to spread the word about the effectiveness of its minimally invasive treatment for herniated disc pain, according to the Boston Business Journal.
Rebound Orthopedics & Neurosurgery, based in Vancouver, has received a $265,000 grant from MAKO Surgical, according to a Vancouver Business Journal report.
NUI Galway, an orthopedic device developer, has released its OsteoAnchor Technology for hip and knee replacements, according to Health Canal.
Paradigm Spine's Coflex interlaminar technology will now be covered by Medicare in Alabama, Georgia and Tennessee, according to International Business Times.
Medical device company InspireMD has named Alan Milinazzo as president, chief executive officer and a member of the board.
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