Cayenne Medical, a company focused on sports medicine devices, recently closed a $10 million equity financing with Fletcher Spaght Ventures, a new investor, according to accompany news release.
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Surgeons from Sinai Hospital, part of LifeBridge Health, recently used the first externally controllable internal limb lengthening device with FDA clearance, the PRECICE Limb Lengthening System, which they helped co-develop, according to a LifeBridge news release.
ArthroCare reported total revenue of $92.4 million during the fourth quarter of 2011, a slight decrease from the $92.6 million reported for the fourth quarter of 2010, according to a company news release.
Synthes reported full year earnings at $966.8 million, a 6.5 percent increase over 2010, according to a company news release.
Analysts are predicting the orthopedic device market will experience low growth over the next few years, according to a Mass Device report.
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After former CEO Stephen MacMillan resigned last week, Stryker announced the interim chief executive will receive a $750,000 annual salary, according to a Wall Street Journal report.
DJO Global reported $284.2 million during the fourth quarter of 2011, a 13.7 percent increase compared to the same period in 2010, according to a company news release.
DePuy Orthopaedics has received premarket supplemental approval for the use of TRUMATCH Personalized Solutions with its SIGMA RP Knee System, according to a company news release.
Zimmer and ISTO Technologies have announced a Phase III clinical study to evaluate DeNovo ET Engineered Tissue Graft, an engineered cartilage implant for repairing cartilage defects in the knee, according to a company news release.
SI-BONE, has received a patent for broad method claims related to the iFuse Implant System, according to a company news release.