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.
Spinal Tech
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.
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.
The Food and Drug Administration recently ordered artificial hip manufacturers to undertake studies of their implants, and manufacturers of metal-on-metal hip devices will have to conduct studies of patients who received the device to determine whether the implants are shedding…
Using three dimensional bioprinting technology, scientists have been able to print skin and vertebral discs and implant them into non-human bodies successfully, according to a story published in The Washington Post.
