Daily intelligence on orthopaedic device companies, FDA 510(k) clearances, M&A activity, earnings, and strategic moves across the global medtech landscape.
Mazor Roboticsreported $8.3 million generated revenue in the second quarter of 2016. Dennis P. Devito, MD, and Kornelis Poelstra, MD, will host a webinar on their experiences using Mazor Robotics technology. K2Mreported its total revenue was $59.2 million for the second quarter...
Hoag Orthopedic Institute (HOI), one of the largest providers of orthopedic care in the nation, is one of the few hospitals in the U.S. to receive a five-star rating from the Centers for Medicare & Medicaid Services (CMS) after an assessment of more than 4,500 hospitals...
Here are five takeaways: 1. During the webinar, the physicians will also discuss how robotics is evolving and touch on the features of the new Mazor X surgical system. 2. Mazor announced its newest technology in July. The Mazor X system expands on Mazor's existing robotic...
Here are 10 key notes: 1. The company's total reported revenue was $59.2 million for the second quarter of 2016, up 5.1 percent compared to the same period the year prior. 2. Total revenue increased 5.3 percent year-over-year on a constant currency basis. 3. K2M suffered a net...
Here are four things you need to know: 1. The new CMS proposal includes episode payment models for surgical hip/femur fracture treatment, acute myocardial infarction and coronary artery bypass graft. The proposed payment arrangement compensate providers for an episode of care...
Here are six trends: 1. Zimmer Biomet leads the Asia-Pacific large joint replacement device market, followed by Stryker. 2. Zimmer Biomet has a majority share in the knee replacement segment of the market in the region. Its products include the Persona and NexGen PLS Flex and...
Globus Medical will acquire Carlsbad, Calif.-based Alphatec Holdings' international device business. Strykerreported overall 16.8 percent net sales growth in the second quarter of 2016 to $2.8 billion. Zimmer Biometreported second quarter sales increased 65 percent over the same...
Here are 10 key points: 1. CONMED reported sales totaling $193.4 million, reflecting a 6.9 percent increase over the second quarter of 2015. 2. The company's domestic sells reflected 51 percent of total revenue, and increased 10.9 percent over the same period the year prior. The...
Here are four key points: 1. Zimmer Biomet anticipates full-year adjusted earnings per share of $7.90 to $8. This estimate surpasses the company's previous forecast of $7.85 to $8 per share. 2. The company expects 2016 revenue to hit between $7.68 billion and $7.72 billion. 3....