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StemCells CEO, CFO and three directors resigned the day of merger that boosted stock sevenfold

By: TOMI KILGORE/EMMA COURT – August 17, 2016 The day that StemCells Inc. entered a merger that sent its stock rocketing up sevenfold (albeit to $2.36 per share), the company’s chief executive and chief financial officers effectively resigned, as did three members of the company’s board of directors. The reverse-merger with Israeli private company Microbot Medical Ltd. […]

Minimally invasive tendon repair technique supports knee movement sooner after surgery

August 17, 2016 The current gold standard for repairing the disabling knee injury, which typically occurs in adults aged 40 and over, is transosseous tunnel repair – a lengthy, technically demanding procedure. The team at Missouri has found that suture anchors, a less-invasive repair technique, responded better to strength-testing after the surgery, supporting more movement […]

Cold plasma technology could be exploited to promote bone healing

15th August 2016 Since the discovery of cold plasma, about 20 years ago, it has been used in agriculture to sterilise the surface of fruit without damaging the delicate edibles. More recently, scientists have been performing experiments treating living animal cells and tissues with cold plasma to learn more about its potential applications in medicine. […]

InVivo Therapeutics Announces Fifth Patient Conversion in INSPIRE Study of the Neuro-Spinal Scaffold™

August 17, 2016 CAMBRIDGE, Mass.–(BUSINESS WIRE)–InVivo Therapeutics Holdings Corp. (NVIV) today announced that the ninth patient implanted with the Neuro-Spinal Scaffold™ in the INSPIRE study has improved from a complete AIS A spinal cord injury to an incomplete AIS B spinal cord injury in the time between the two- and three-month evaluations. This is the fifth […]

aap Implantate AG – Q2/2016 sales and EBITDA at upper end of guidance; further important progress with LOQTEQ® and Silver Technology

Press Release dated August 12, 2016 Sales and EBITDA in Q2/2016 at EUR 3.4 million (guidance: EUR 2.5 million to EUR 3.5 million) and EUR -1.4 million (guidance: EUR -2.5 million to EUR -1.5 million) respectively US sales in Q2/2016 at EUR 0.7 million (Q2/2015: EUR 0.2 million) and in H1/2016 at EUR 1.3 million […]

NovaBone Products Receives GMP Medical Device Certificate

August 16, 2016 JACKSONVILLE, Fla.–(BUSINESS WIRE)–NovaBone Products, a leading biologics medical device company, today announced that it has received the Brazilian ANVISA Good Manufacturing Practices (GMP) medical device certificate. ANVISA is Brazil’s equivalent to the U.S. Federal Drug Administration (FDA), and is responsible for the oversight of all medical device and pharmaceuticals in the Brazilian […]

Pamela Stahl appointed chief commercial officer of InVivo Therapeutics

15th August 2016 InVivo Therapeutics Holdings has appointed Pamela Stahl to the newly-created position of chief commercial officer, effective September 14, 2016. Prior to joining InVivo, Stahl served for 10 years in various roles of at UnitedHealthcare, most recently as chief executive officer, Community Health Plan of Wisconsin. In that role, she was responsible for […]

Titan Medical Reports Second Quarter Financial Results and Provides SPORT Surgical System Development Update

TORONTO, ON–(Marketwired – August 15, 2016) – Titan Medical Inc. (TMD.TO) (TITXF), a medical device company focused on the design and development of a robotic surgical system for application in minimally invasive surgery (“MIS”), today announced financial results for the second quarter ended June 30, 2016. All financial results are reported in US dollars, unless […]

Centric Medical™ Announces FDA Clearance of TARSA-LINK™ Bunion System

HUNTLEY, Ill.–(BUSINESS WIRE)– Centric Medical, a division of Life Spine, Inc., which focuses on developing surgical implants for the treatment of distal extremity pathology, announced today that the U.S. Food and Drug Administration (FDA) has given 510(k) clearance to the TARSA-LINK Bunion Correction System. The TARSA-LINK Bunion System is the first stand-alone opening base wedge […]

Whistleblower case contends surgical device maker misled FDA — and patients paid the price

By SHEILA KAPLAN – August 15, 2016   Jerome Lew is a Hollywood screenwriter, and what happened to him could have come straight out of a horror film. In 2009, Lew went to UCLA Medical Center for surgery to relieve numbness and pain in his hands. The operation appeared to be a success. But he later […]

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