After some growth in the last quarter of 2010, Stryker's sales in hip and knee replacements were flat in the first quarter of 2011, although the company reported $2.02 billion in net sales, a 12 percent increase over the first…
Spinal Tech
DSM Biomedical, a company focused on biomedical materials science, has entered into a license and supply agreement with orthopedic device maker Interventional Spine, according to a company news release.
Anulex Technologies, maker of soft tissue repair devices, has been forced to lay off employees after the Food and Drug Administration issued a warning letter regarding trials of its Xclose soft tissue repair system, according to a MedCity News report.
Centinel Spine, maker of spine devices, has posted a 47 percent year-over-year sales increase for the first quarter of fiscal year 2011, compared to the same period in 2010, according to a company news release.
Members from the medical device industry are lobbying lawmakers in hopes of passing one of five bills that would nix the 2.3 percent excise tax that would be levied on device makers, according to a Kaiser Health News report.
ChartLogic, a provider of electronic health records, has announced 20 of its customers, all orthopedic medical groups, will qualify for federal "meaningful use" incentive payments for successful adoption of an EHR system.
A new report shows medical device companies, faced with a new tax and regulatory burdens under the healthcare reform law, could substantially cut costs by moving to a new location within the United States, according to a report by Mass…
The University of Massachusetts Medical School has received a $12 million federal grant to lead a consortium that will create a research registry for total joint replacements, according to a news report by The Telegram & Gazette.
StelKast, maker of hip and knee implant systems, has received 510(k) FDA clearance for the EXp Acetabular Liners, according to a company news release.
Synthes representatives have confirmed it is in talks with Johnson & Johnson about a possible acquisition, according to a Wall Street Journal news report.
