Here are ten recent orthopedic and spine device company partnerships, agreements and acquisitions.
Spinal Tech
Synthes reported total net sales as $907.2 million in worldwide net sales for the third quarter of the 2010 fiscal year, a 4.5 percent increase from last year's third quarter results, according to a company news release.
Medtronic has received FDA 510(k) clearance for the Kyphon Xpander II inflatable bone tamp for treating vertebral compression fractures with the minimally invasive Kyphon balloon kyphoplasty, according to a company news release.
Merlot OrthopediX, a Cleveland Clinic spin-off company dedicated to spine surgery innovation, has entered into an exclusive agreement with Alphatec Spine to develop and commercialize bone anchorage technology for the spine, according to a Merlot OrthopediX news release.
Kensey Nash, an Exton, Pa., medical device company, reported a net sales of $10.9 million for the first quarter of fiscal year 2011, a decrease from last year's first quarter net sales report of $13.4 million, according to a company…
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Johnson & Johnson announced sales of $15 billion for the third quarter of 2010, a decrease of 0.7 percent from the third quarter of 2009, according to a company news release.
The FDA published a warning about the increased risk of thigh fractures in patients using drugs containing bisphosphonates, according to an FDA report.
Stryker reported a 7 percent sales increase to $1.768 billion and a 1.3 percent sales increase in orthopedic implants, based on higher domestic sales of hips, knees and trauma implants, according to a company news release.
Hanger Orthopedic Group has signed a merger agreement for the $155 million acquisition of Reno, Nev.-based Accelerated Care Plus, a provider of clinical programs for sub-acute and long-term care rehabilitation providers, according to a Hanger news release.
MediNiche, a St. Louis-based pharmaceutical marketing company, has introduced The Benefits of Nutritional Evaluation Program, a new bone health awareness program, according to a company news release.