Tony Chen, associate director of government pricing, Alliance Life Sciences, and Robert Fellman, senior health consultant, discuss the impact of accountable care organizations on device and pharmaceutical companies.
Spinal Tech
InVivo Therapeutics, Cambridge, Mass.-based spine device company, reported a net loss of $1.3 million during the second quarter of 2011, according to a company news release.
The Food and Drug Administration granted 46 orthopedic- and spine-related 510(k) device clearances in July, according to an FDA report.
TranS1, a Wilmington, N.C.-based spine device company, reported total revenue of $5.2 million during the second quarter of 2011, a nearly $2 million decrease from the same time last year, according to a company news release.
Smith & Nephew reported $1 billion in revenues during the second quarter of 2011, a 9 percent increase over the same period last year, according to a company news release.
Allen Medical System will now give providers a 10 percent discount with the purchase of five Allen Transfer System boards, according to a company report.
MedShape Solutions, an Atlanta-based orthopedic device company, has received FDA 510(k) clearance for its DynaNail Intramedullary Ankle Fusion Nail, according to a company news release.
Integra LifeSciences, a Plainsboro, N.J.-based orthopedic device company, has launched its Zuma-C Anterior Cervical Fixation System on the global market, according to a company news release.
MAKO Surgical reported second quarter revenue of $18.6 million, an 81 percent increase over the second quarter of 2010, according to a company news release.
Physicians at OrthoCarolina in Charlotte, N.C, are treating Dupuytren's contracture patients with Xiaflex, a new injection for treating the patients, according to a South Charlotte Weekly report.
