DJO Global has finalized its U.S. distribution partnership with Lima Corporate, according to a company news release.
Spinal Tech
The global orthopedic device market could reach $61.3 billion by 2017, according to a new report from ReportsnReports.
Arthrex recently unveiled its new compact imaging system for live-video streaming in the OR, according to a Naples News report.
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.
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.
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.
