InVivo Therapeutics, a medical device company focused on developing technologies for spinal cord injuries, has posted a net loss of $1.28 million for the first quarter 2011, representing a 181.5 percent increase in net loss compared to the same quarter…
Spinal Tech
Bacterin, a manufacturer of bone graft material and antimicrobial coatings for medical applications, has posted revenues of $6 million for the first quarter 2011, an increase of 119 percent compared to the same quarter last year, according to a company…
Orthovita has announced that it has entered into a merger agreement under which Stryker has agreed to acquire all of the common stock of Orthovita for approximately $316 million, according to a company news release.
SANUWAVE Health has reported $252,000 in first quarter of 2011 revenues, indicating a 76 percent increase in revenue from the first quarter of last year, according to a company news release.
TranS1, a Wilmington, N.C.-based medical device company, reported $5.1 million in first quarter revenues, a 24 percent decrease over the first quarter of last year, according to a company news release.
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The Food and Drug Administration's Orthopedic and Rehabilitation Devices Panel of the Medical Devices Advisory Committee voted 12-6 in favor of recommending support for BioMimetic Therapeutics' Augment Bone Graft, according to a company news release.
Wright Medical Group has launched the INBONE II Total Ankle Replacement System, an addition to its INBONE Ankle System, according to a release by the company.
Frantz Medical Group, a Cleveland-based medical device company, recently promoted Stephanie A. Harrington to chief operating officer, according to a company news release.
Nomcomed, a Fort Wayne, Ind.-based orthopedic instrumentation and device maker, is planning a $2.78 million expansion that will create 60 full-time jobs, according to a report from The News-Sentinel.
DJO Global reported net sales of $249.7 million during the first quarter of 2011, an increase from the $240.1 million reported over the same period of last year, according to a company news release.