Smith & Nephew has sued Triad Group of Hartland for $3.2 million in lost inventory after both companies voluntarily recalled their alcohol wipes and swabs in January 2011, according to a Milwaukee Journal Sentinel report.
Spinal Tech
Exactech announced that the Deferred Prosecution Agreement, effective since in December 2010, has expired.
DFINE, a San Jose, Calif.-based medical device company, announced the first patient was treated successfully with its Spinal Tumor Ablation with Radiofrequency System.
Sanuwave Health reported $802,572 in revenue for 2011, a 10 percent increase over 2010.
Internal Fixation Systems announced the launch of its Large Cannulated Screw System and Temporary External Fixator System.
Allen Schlein, MD, an orthopedic surgeon who designed a cushioned seat for patients who are undergoing shoulder operations was granted $2 million in damages from the device company that cut off his royalties, according to a San Francisco Chronicle report.
BioMimetic Therapeutics recently announced financial results for the fourth quarter of 2011, where it reported total revenue of $458,300, an increase over the same period last year.
Data from the National Joint Registry of England and Wales shows that metal-on-metal stemmed articulations often have poor survival rates, according to an article published in The Lancet.
Interventional Spine has announced the PerX360 System will be presented at the International Society for the Advancement of Spine Surgery annual meeting.
Mazor Robotics announced it signed a distribution agreement with Cicel Science & Technology to distribute the company’s Renaissance robotic spinal system in China.
