The U.S. orthopedic extremity market is projected to generate $4.6 billion by 2015, growing at a compound annual growth rate in excess of 10 percent, according to analysis by Millennium Research Group.
Spinal Tech
Interventional Spine, an Irvine, Calif.-based spine device company, has appointed Stephen T. Colaiezzi to the position of senior vice president, strategic marketing, according to a company news release.
Smith & Nephew has officially denied having discussions on the sale of the company, according to a report from The New York Times.
Cecil Risher, Jr., the former office manager of an orthopedic supply company in Brunswick, Ga., has pleaded guilty to his role in a fraud scheme that bilked more than $500,000 from Medicare, according to a Florida Times-Union report.
Wright Medical Group has received approval from the FDA to conduct an Investigational Device Exemption clinical study to investigate the use of INBONE total ankle replacement, according to a company news release.
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Note: A previous version of this article erroneously refered to the NexGen LPS-Flex as a ACL repair system. We apologize for the error.Zimmer Holdings launched the Zimmer NexGen LPS-Flex mobile bearing knee with Prolong highly crosslinked polyethylene in the United…
TransCorp Spine, a Michigan-based spine device company, has signed a supply agreement with curasan, a Kleinostheim, Germany-based company, according to a curasan news release.
Wright Medical Group has signed a distribution agreement with AlloSource for FUSIONFLEX Bone Matrix, a bone repair scaffold primarily used during foot and ankle fusions, according to a Wright Medical Group news release.
After a four-year patent infringement suit, Stryker has entered into a licensing agreement with TriMed, a Valencia, Calif.-based company that develops and manufactures orthopedic fixation devices, according to a TriMed news release.
Globus Medical, an Audubon, Pa.-based spinal implants manufacturer, has acquired Facet Solutions, a Hopkinton, Mass.-based developer of total facet arthroplasty devices, according to a Globus Medical news release.