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Alphabet’s life science spinoff raises $800M from Singapore investor

Luke Stangel, Contributing writer – Jan 26, 2017 Verily Life Sciences, one of the startups spun out of Alphabet, disclosed on Thursday it has closed an $800 million investment from Singapore-based Temasek, an investment company that recently landed in the Bay Area with plans to expand its holdings in North […]

RTI Surgical Names Camille Farhat Chief Executive Officer

ALACHUA, Fla.–(BUSINESS WIRE)– January 26, 2017 RTI Surgical Inc. (“RTI” or “the company”) (RTIX), a leading global surgical implant company, today announced that Camille Farhat has been named chief executive officer, effective March 15, 2017. He will succeed interim chief executive officer, Robert P. Jordheim, who will resume his role […]

Ortho Sales Partners Adds Supply Chain and Logistics Executive to its Leadership Team

SCOTTSDALE, ARIZONA (PRWEB) JANUARY 27, 2017 Ortho Sales Partners, a professional consulting firm focused on assisting orthopedic and spine implant manufacturers in the commercialization of their products, announces the addition of Tony Passalacqua to their executive team, effective January 25, 2017. Mr. Passalacqua brings extensive experience to Ortho Sales Partners […]

FDA SPEEDS UP DEVICE RECALL POSTINGS

January 26th, 2017 – By Walter Eisner The public is going to get information on recalled medical devices a little quicker in 2017. The FDA announced on January 3, 2017 that the agency is posting device recall information on its website earlier than in previous years. The FDA used to […]

Stryker Maintains Growth Momentum With Strategic M&A, Robotic Surgery Roll-Out

January 26, 2017 – By Suzanne Hodsden Stryker Corporation delivered its fourteenth straight quarter with double-digit growth in net sales in 2016’s fourth quarter, building on the rest of the year’s momentum and staggered roll-out of MAKO surgical robots, said CEO Kevin Lobo. Despite its pair of billion-dollar acquisitions — Sage […]

VTI ADDS PATENT FOR ITS MODULAR MOTION PRESERVATION SPINAL IMPLANT

Minneapolis, MN – VTI, a MIS medical device company focused on lumber spine solutions, announced today that it has been granted a new patent from the U.S. Patent and Trademark Office. This patent relates to the company’s unique modular, in vivo assembly technology and its motion preservation, InterCushion® pipeline product. […]

Minimally invasive surgery “markedly reduces” postoperative infection risk

26th January 2017 Minimally invasive surgery is generally considered to reduce blood loss and preserve surrounding tissue, among other benefits. There is a dearth in the literature, however, on the association between minimally invasive techniques and surgical site infections. Research published in the Asian Spine Journal has found very low rates of […]

Early data demonstrate motor function improvement for spinal cord stem cell treatment

26th January 2017 A new therapy to treat spinal cord injuries in people who have lost all motor and sensory function below the injury site has shown additional motor function improvement at six-months and nine-months following treatment with 10 million AST-OPC1. The positive efficacy results from an ongoing clinical research […]

DePuy Synthes Receives FDA Clearance for Cement-Augmented Pedicle Screw Systems

RAYNHAM, Mass., Jan. 26, 2017 /PRNewswire/ — DePuy Synthes*, part of the Johnson & Johnson Family of Companies, has received 510(k) clearance from the U.S. Food and Drug Administration (FDA) for the VIPER® and EXPEDIUM®Fenestrated Screw Systems. When used in conjunction with CONFIDENCE™ High Viscosity Spinal Cement, the screws are intended to […]

Allosource Announces The Annual Dr. Steven Gitelis Inspiration Award

CENTENNIAL, Colo., Jan. 24, 2017 /PRNewswire-USNewswire/ — AlloSource, one of the nation’s largest providers of cartilage, cellular, bone, skin and soft-tissue allografts for use in surgical procedures and wound care to advance patient healing, announced the creation of the Dr. Steven Gitelis Inspiration Award. The award honors a doctor or clinician that inspires […]

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