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Latest orthopaedic industry news on orthopaedic companies, devices, implants & technology trends.
Biomet, a major manufacturer of artificial hips and knees, said on December 18th that it had agreed to a $10.9 billion buyout offer from a private investment consortium.
The bid came from affiliates of the Blackstone Group, Goldman Sachs Capital Partners, Kohlberg Kravis Roberts & Company and the Texas Pacific Group. Biomet said the private investment group was also expected to include Dane A. Miller, a co-founder of Biomet in 1977 and its longtime chief executive until he resigned in April, citing disagreements with the board.
Kleinostheim, Germany, September 4th, 2009 – curasan AG, listed on the General Standard of Deutsche Börse AG as ISIN: DE 000 549 453 8, has just received a grant of €1.48 million from the German Federal Ministry of Education and Research (Bundesministerium für Bildung und Forschung, BMBF) for a bone regeneration research project scheduled to last three years. The funds are earmarked for a joint project with Ben Gurion University (BGU) of the Negev, Israel.
StelKast is proud to announce the recent FDA 510(k) clearance of their
new EXpTM Acetabular Liners. EXpTM, a blend of antioxidant and highly
cross-linked polyethylene technology was developed with the consulting
support of Steven Kurtz, Ph.D. and Exponent, Inc. (Philadelphia, PA).
StelKast has also received 510(k) clearance for large diameter
cobalt-chrome femoral heads and Biolox® delta femoral heads.
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