Biomet has received FDA 510(k) clearance for the Signature Personalized Patient Care System for total knee replacements, according to a company news release.
Spinal Tech
As insurance companies increasingly resist coverage for spinal fusions, spine device companies such as Medtronic have seen a plateau in sales of spinal device products, according to a Minnesota Post report.
MedShape Solutions, an orthopedic device company based in Atlanta, has introduced the first human clinical use of ExoShape CL, a two-part PEEK Altera interference fixation designed to improve soft tissue graft fixation during ACL reconstructive surgery, according to a company…
The U.S. District Court Judge has ordered a Stipulation of Dismissal for the patent infringement case between InteliFUSE and Biomedical Enterprises following a settlement for an undisclosed amount, according to a company news release.
Integra LifeSciences, a Plainsboro, N.J.-based orthopedic device company, recently launched the Integra Allograft Cancellous Sponge, a compressible bone graft composed entirely of cancellous bone, according to a company news release.
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Ortho Development, a Salt Lake City-based orthopedic device company, recently released the Integrated Spine System designed to treat adult degenerative pathologies, according to a company news release.
ConforMIS has received FDA 510(k) clearance for the patient-specific iTotal CR knee replacement system, according to a company news release.
RTI Biologics, an Alachua, Fla.-based provider of orthopedic and biologic implants, reported revenues of $45.4 million for the fourth quarter of 2010, an 8 percent increase over the fourth quarter of 2009, according to a company news release.
Three bills related to eliminating healthcare reform tax on medical device manufacturers have already been introduced in Congress, and two more are expected to be introduced shortly, according to a report from The Hill.
In the wake of healthcare reform and a poor economy, orthopedic and spine device companies face several challenges over the next year. Here, industry experts discuss the most apparent challenges the industry stands to overcome in the future.