Medtronic Spinal and Biologics has dominated the United States vertebral compression fracture market for the past ten years, however a Millennium Research Group survey shows new companies such as Orthovita and Cook Medical have been gaining popularity among practitioners, according…
Spinal Tech
Zimmer Holdings has purchased China's Beijing Montagne Medical Device, which will allow the company to make products in China, according to a Trading Markets report.
Hanger Orthopedic Group reported net sales of $205.8 million for the second quarter of 2010, a 6.4 percent increase from the second quarter of 2009, according to a company news release.
Orthofix will open its North American Operations and Education Center in Lewisville, Texas, on Aug. 12, according to a company news release.
The Food and Drug Administration issued 26 orthopedic- and spine-related 510(k) clearances in July, according to an FDA report.
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Spine device manufactures, such as Stryker, Johnson & Johnson, Zimmer Holdings and Synthes, have reported pressure from insurance companies as a result of reimbursement rates, according to The Wall Street Journal news report.
Alphatec Holdings, a medical device company marketing treatment products for spinal disorders, reported $45.4 million in consolidated revenues for the second quarter of 2010, a 54.5 percent increase over the second quarter of 2009, according to a company news release.
Thomas Einhorn, MD, has been appointed to the NeoStem, an international biopharmaceutical company, medical advisory board, according to a NeoStem news release.
Smith & Nephew reported $959 million in revenue for the second quarter of 2010, a 4 percent increase from the revenue reported for the second quarter of 2009, according to a company news release.
Wright Medical Group, an orthopedic medical device company based in Arlington, Tenn., reported net sales totaling $127.7 million during the second quarter of 2010, a 7 percent increase as compared to the net sales of the second quarter 2009, according…