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BD Divests Vertebral Augmentation Solutions Business to Stryker

FRANKLIN LAKES, N.J., April 21, 2016 /PRNewswire/ — BD (Becton, Dickinson and Company) (NYSE: BDX), a leading medical technology company, announced today that it has sold its vertebral augmentation solutions business, which includes all AVAmax®, AVAflex®, AVAtex® and AVAprep® branded products to Stryker. This sale will not have a material impact to revenue and earnings for fiscal 2016. Financial […]

RTI Surgical Announces Launch of Release Laminoplasty Fixation System

ALACHUA, Fla.–(BUSINESS WIRE)–RTI Surgical® Inc. (RTI) (Nasdaq: RTIX), a leading global surgical implant company, is pleased to announce the market launch of the Release® Laminoplasty Fixation System. The Release System provides an efficient, streamlined surgical experience that allows for central spinal cord decompression from C3 to T3 in laminoplasty procedures. The Release System consists of […]

Orthopedic Stem Cell Use in the U.S. Projected to Rise as Competition in the Market Intensifies; Led by NuVasive

According to a recently published report by iData Research (http://www.idataresearch.com), the orthopedic stem cell market was the fastest growing orthopedic biomaterial segment in the US. It aims to provide greater osteoinductive and osteogenesis properties compared to other bone grafts, therefore improving bone repair. These stem cells are currently only being used for spinal procedures, specifically […]

Soft Robotics Inc. Appoints Mark J. Chiappetta as Chief Technology Officer

CAMBRIDGE, Mass., April 18, 2016 /PRNewswire/ — Soft Robotics Inc., an early stage robotics company, today announced that it has appointed Mark J. Chiappetta as its Chief Technology Officer. Mr. Chiappetta is a high energy technology leader with over 20 years of experience in high growth, start-up and mid-size companies. He is an established inventor […]

Northwell Health takes steps to bail out ailing Brooklyn hospitals

By Barbara Benson   The New York State Department of Health announced today that Northwell Health was awarded a grant to prepare a feasibility and sustainability study that could pave the way for the hospital system to manage a network formed by Brooklyn’s financially challenged hospitals. As Crain’s reported last month, the Cuomo administration has […]

Stanford researchers create super stretchy, self-healing material that could lead to artificial muscle

BY: CARRIE KIRBY AND TOM ABATE   If there’s such a thing as an experiment that goes too well, a recent effort in the lab of Stanford chemical engineering Professor Zhenan Bao might fit the bill. One of her team members, Cheng-Hui Li, wanted to test the stretchiness of a rubberlike type of plastic known […]

Medicare ‘bundled payments’ improve health, save money

By SUSAN DEVORE @DeVorePremier   A Medicare program that began on April 1 requires about 800 hospitals to “bundle” payments for knee and hip replacements. Long in the making, this effort should point the way to more coordinated, comprehensive care for patients and save money in the process. Hospitals and other health care organizations work […]

The country’s largest health-insurance company is almost entirely quitting Obamacare

By: Bob Bryan   The country’s largest healthcare company is getting out of the Obamacare business. United Healthcare, which currently covers the most Americans in the US (pending the proposed Anthem-Cigna merger), said in its quarterly earnings release on Tuesday that it is removing its offerings from almost all Affordable Care Act exchanges by 2017. “The smaller overall […]

Episurf Medical receives expanded reimbursement coverage in the UK, Netherlands and Belgium

In line with Episurf Medical’s plan to achieve private health sector reimbursement, the Episealer® procedure and products have been approved for payment in the UK Spire Hospitals and the Dutch health insurance companies, VGZ and Multiorg. This means that surgeons wishing to perform the Episealer® procedure are approved to operate and the procedure and devices […]

FDA Questions First PMA for Synthetic Cartilage Implant Ahead of Advisory Panel

Posted 18 April 2016 By Zachary Brennan The US Food and Drug Administration’s (FDA) Center for Devices and Radiological Health (CDRH) on Monday raised key questions about the effectiveness of Cartiva’s first-of-its-kind synthetic cartilage implant, which is intended to treat osteoarthritis pain in the first joint of the big toe. The implant, which is made […]

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