All News

HKJDC Limited Announces New Biomechanical Technology Invention From Hong Kong for Orthopedic Medicine

HONG KONG, Nov. 1, 2016 /PRNewswire/ — In the United States alone, an estimated 15 million fractures occurs annually, including 1.6 million hospital admissions for traumatic fractures and 2 million osteoporotic fractures, costing over 60 billion dollars and calling for 1.6 million bone grafts each year; a growing demand for bone grafts is similarly observed worldwide. […]

In’Tech Medical’s Wayvio line of intelligent surgical instruments for orthopedics

November 1, 2016 Memphis, Tennessee – In’Tech Medical SAS, a world leader in contract manufacturing of surgical instruments in orthopedics, announced the launch of its new Wayvio platform, dedicated to enhancing standalone surgical instruments with smart communication tools. “With the launch of Wayvio, In’Tech Medical continues to drive innovation and set new standards in the […]

Intellijoint Surgical® Raises $11MM to Expand the US Launch of intellijoint HIP®

November 1, 2016 (Waterloo, Ontario) – Intellijoint Surgical®, Inc., an innovative medical technology company that develops and commercializes 3D mini-optical navigation solutions for surgery, is excited to announce the completion of its Series A with $11MM in financing. The Series A was led by private investors from the Waterloo-Toronto corridor and closed in multiple tranches. […]

Xtant Medical Receives Approval of Compliance Plan from NYSE MKT

BELGRADE, Mont., Nov. 01, 2016 (GLOBE NEWSWIRE) — Xtant Medical Holdings, Inc. (NYSE MKT:XTNT), a leader in the development, manufacturing and marketing of orthopedic products for domestic and international markets, today announced that the NYSE MKT LLC (the “Exchange”) notified the Company that it accepted the Company’s plan to regain compliance with the continued listing […]

DJO Global Announces Date for Release of Third Quarter 2016 Results

October 31, 2016 SAN DIEGO–(BUSINESS WIRE)–DJO Global, Inc., a leading global provider of medical technologies designed to get and keep people moving, today announced the following information for the release of its third quarter 2016 financial results and a conference call to discuss those results. Date: Tuesday, November 8, 2016 Time: Financial Results: 7:35 AM […]

Orthofix International Reports Third Quarter 2016 Financial Results

October 31, 2016 LEWISVILLE, Texas–(BUSINESS WIRE)–Orthofix International N.V. (NASDAQ:OFIX) today reported its financial results for the third quarter ended September 30, 2016. For the third quarter of 2016, net sales were $98.5 million, earnings per share from continuing operations was $0.56 and adjusted earnings per share from continuing operations was $0.36. “While we underperformed on the top-line […]

Exactech Q3 Revenue Up 7% to $59.9 Million. Net Income up 10% to $3.2 Million. Diluted EPS $0.22 vs. $0.20.

October 31, 2016 GAINESVILLE, Fla.–(BUSINESS WIRE)–Exactech, Inc. (Nasdaq:EXAC), a developer and producer of bone and joint restoration products for hip, knee, extremity, spine and biologic materials, today announced revenue of $59.9 million for the third quarter of 2016, a 7% increase from $56.2 million in the third quarter of 2015. On a constant currency basis, […]

DePuy Synthes Spine introduces new lower back implant that promotes fusion, restores function

October 31, 2016 Today DePuy Synthes Spine, Part of the Johnson & Johnson Family of Companies, launched the SYNFIX® Evolution System, a new implant for stand-alone Anterior Lumbar Interbody Fusion (ALIF). The SYNFIX Evolution System delivers biomechanical stability to promote fusion and restore function, coupled with instrumentation designed to optimize surgical workflow. The System offers […]

Xtant Medical Announces Commencement of Subscription Period for Previously Announced Rights Offering

BELGRADE, Mont., Oct. 31, 2016 (GLOBE NEWSWIRE) — Xtant Medical Holdings, Inc. (NYSE MKT:XTNT), a leader in the development, manufacturing and marketing of orthopedic products for domestic and international markets, announced today that it has commenced the subscription period for its previously announced rights offering of up to 15,000,000 units, each consisting of one share […]

Stryker Cautious On Acquisitions, Confident On Robotic Surgery

October 31, 2016 – By Jof Enriquez Despite this year’s acquisition spree, Stryker Corporation will remain financially disciplined in executing M&A deals, company executives tol­­d analysts during its third quarter earnings call recently. Stryker reported $3 billion in cash and marketable securities for the quarter ending Sept. 30, 2016. Around 80 percent of that amount […]

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