Alphatec Spine, a Carlsbad, Calif.-based spine device company, reported first quarter revenue of $49.7 million, which represents a 40.9 percent growth over the first quarter of 2010, according to a company news release.
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The global orthopedics industry approached $30 billion in 2010, with an annual growth rate of about 5 to 7 percent, according to a Pharma Life report, based on research from UBM Canon.
Exactech, a Gainesville, Fla.-based orthopedic device company, reported $53.4 million in revenue for the first quarter of 2011, which was a 9 percent increase over the first quarter of 2010, according to a company news release.
ArthroCare has reported first quarter FY 2011 total revenue of $87.9 million, representing a 1.3 percent decrease from the same quarter last year, according to a company news release.
Stryker has appointed former Johnson & Johnson executive Kevin Lobo as group president of the company's newly formed Neurotechnology and Spine Group, according to a company news release.
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Newt Gingrich, former speaker of the House and possible presidential candidate, is calling for transparency of prices for medical devices from hip implants to stents, according to a report by DOTmed.
Greatbatch, maker of medical device technologies, has reported first quarter sales of $148.8 million, led by a 34 percent growth in sales for its line of orthopedic products, according to a company news release.
Aesculap Implant Systems, a B. Braun company, recently launched a new mobile digital device application featuring the OrthoPilot Navigation System, according to a company news release.
Zimmer Holdings has reported first quarter FY 2011 net sales of $1.12 billion, representing an increase of 5.0 percent compared to the first quarter of FY 2010, according to a company news release.
MiMedx, a developer of biomaterial-based products and bioimplants, has posted $1.04 million in total revenue for the first quarter of FY 2011, representing an 808 percent increase compared to $114,900 in revenue for the first quarter of last year, according…