Monthly Archives: December 2018

Conformis Announces Strategic Actions to Reach Profitability and Reduce Debt

BILLERICA, Mass., Dec. 13, 2018 (GLOBE NEWSWIRE) -- Conformis, Inc. (NASDAQ:CFMS), a medical technology company that uses its proprietary iFit Image-to-Implant technology platform to develop, manufacture and sell joint replacement implants designed to fit each patient’s unique anatomy, today announced it is implementing steps to improve its overall business model, including the prioritization of certain

By |2018-12-14T17:04:56+00:00December 14th, 2018|Financial|

WishBone Medical, Inc. signs licensing agreement for the Guided Growth Plate

WARSAW, Ind., Dec. 14, 2018 (GLOBE NEWSWIRE) -- WishBone Medical, Inc. has been granted a global, non-exclusive license for the sale of a patented guided growth plating system in children with deformed limbs.  These 3 patents were created and designed for the gradual correction of pediatric deformities in both the upper and lower extremities. WishBone

By |2018-12-14T16:44:48+00:00December 14th, 2018|Extremities|

Global $10.66 Bn Sports Medicine Devices Market Analysis and Forecasts 2017-2018 & 2025

Dublin, Dec. 13, 2018 (GLOBE NEWSWIRE) -- The "Sports Medicine Devices Market to 2025 - Global Analysis and Forecasts By Product, Application, and Geography" report has been added to ResearchAndMarkets.com's offering. The global sports medicine devices market is expected to reach US$ 10,662.5 Mn in 2025 from US$ 5,822.6 Mn in 2017. The market is estimated to grow with

By |2018-12-13T22:41:10+00:00December 13th, 2018|Financial, Sports Medicine|

OrthoPediatrics Corp. Announces Full-Scale U.S. Launch of Small Stature Scoliosis System

WARSAW, Ind., Dec. 13, 2018 (GLOBE NEWSWIRE) -- OrthoPediatrics Corp. (NASDAQ: KIDS), a company exclusively focused on advancing the field of pediatric orthopedics, announced today the full-scale U.S. launch of its 26th surgical system, the RESPONSE 4.5/5.0mm System following U.S. Food and Drug Administration (FDA) 510(k) clearance in October. The Company’s newest system represents a significant product expansion

By |2018-12-13T22:25:36+00:00December 13th, 2018|Spine|

Overland Park Surgical Suites First Outpatient Surgery Center In Region To Offer Robotics-Assisted Partial And Total Knee Replacement Surgery Using The NAVIO™ Surgical System

OVERLAND PARK, Kan., Dec 13, 2018 /PRNewswire/ -- Overland Park Surgical Suites is a state of the art outpatient surgical center and is the first outpatient surgery center in the Midwest to offer patients a robotics-assisted alternative to traditional knee replacement surgery. "We were eager to bring the NAVIO robotics-assisted surgery to the area," said Scott Abraham, M.D.,

By |2018-12-13T19:21:36+00:00December 13th, 2018|Robotics, Top Stories|

Zimmer Biomet Announces Quarterly Dividend for Fourth Quarter of 2018

WARSAW, Ind., Dec. 12, 2018 /PRNewswire/ -- Zimmer Biomet Holdings, Inc. (NYSE and SIX: ZBH), a global leader in musculoskeletal healthcare, today announced that its Board of Directors has approved the payment of a quarterly cash dividend to stockholders for the fourth quarter of 2018. The cash dividend of $0.24 per share is payable on January 31, 2019 to stockholders of record as

By |2018-12-13T17:42:32+00:00December 13th, 2018|Financial|

EDGe Surgical Secures $4 Million in Series A Financing

December 12, 2018 CHICAGO--(BUSINESS WIRE)--EDGe Surgical, Inc., a privately held medical device company dedicated to innovative precision measurement solutions for orthopedic surgery, announced today that it has completed $4 million in financing. The Series A round includes $3 million raised plus a convertible note, bringing total funding secured by the company to $5.7 million, all

By |2018-12-13T15:08:30+00:00December 13th, 2018|Financial|

Reston Hospital Center is First in the Nation to Acquire a Second Mazor X System for Rapidly Expanding Spine Program

Reston, Virginia, Dec. 12, 2018 (GLOBE NEWSWIRE) -- The Virginia Institute of Robotic Surgery at Reston Hospital Center has acquired a second Mazor X System for their rapidly growing spine program, making it the first in the nation to have two of these robotic systems at one hospital location. The Reston Hospital Center (RHC) Spine Team is

By |2018-12-12T22:07:00+00:00December 12th, 2018|Robotics, Spine|

Ortho RTi’s Data selected for Podium Presentation at International Conference

KIRKLAND, QC, Dec. 12, 2018 /PRNewswire/ - Ortho Regenerative Technologies Inc. (CSE: ORTH) ("Ortho RTi" or the "Corporation"), an emerging Orthopaedic and Sports Medicine technology company, announced that its recently completed study has been chosen by a peer reviewed panel as worthy of a podium presentation at the 2019 ICORS (International Combined meeting of Orthopaedic Research Societies) congress

By |2018-12-12T21:20:51+00:00December 12th, 2018|Recon|

Appeals Court OKs $248m Stryker win over Zimmer Biomet

DECEMBER 12, 2018 / BY FINK DENSFORD The U.S. Court of Appeals for the Federal Circuit this week affirmed Stryker‘s (NYSE:SYK) enhanced $248 million win in a surgical tool patent case against Zimmer Biomet (NYSE:ZBH). The Federal Circuit court affirmed the judgement in a per curiam ruling dated on Monday, according to recently released court documents. The damages in the case were previously enhanced due

By |2018-12-12T18:05:11+00:00December 12th, 2018|Financial|