Device giant Biomet has announced a third quarter FY 2011 net loss of $11.6 million, representing a three-fold increase from $3.1 million net losses in 3Q FY 2010, according to a company news release.
Spinal Tech
The Wall Street Journal has extensively covered the case of a Portland, Ore., neurosurgeon alleged to be overperforming spine surgery. As a sidebar discussion, the WSJ has commented on the increased physician involvement in physician-owned distribution ROI device companies.
Zimmer Holdings' recent organizational changes have led to the elimination of several company positions in Austin, Texas, according to an Austin Business Journal news report.
ReGen Biologics, a company focused on manufacturing orthopedic products, has filed voluntary petitions for Chapter 11 bankruptcy protection, according to a filing with the U.S. Securities and Exchange Commission.
San Francisco Surgery Center became the first ambulatory surgery center to offer MAKOplasty, a robotic arm-guided system for aiding in minimally invasive surgical treatment of osteoarthritis of the knee, according to a company news release.
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Integra LifeSciences has received FDA 510(k) clearance for three new spinal intervertebral body fusion devices, according to a company news release.
The Food and Drug Administration issued 22 spine device 510(k) clearances in March, according to an FDA report.
Life Spine, a medical device company that specializes in manufacturing products for the surgical treatment of spine disorders, plans to launch two new products in 2011, according to a company news release.
Integra LifeSciences has opened a new facility in Medina, Ohio, to accommodate its growing spinal implant business, according to a company news release.
Spine Surgical Innovation (SSI), global marketer and distributor of the Swivel Port System and full line of spine instruments, has announced the launch of the In-Situ Cobalt Chrome (CoCr) 3.2mm and 3.5mm Rod Cutters.