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A Los Angeles County Superior Court jury has ordered Johnson & Johnson's DePuy orthopedic device unit to pay more than $8 million to the plaintiff in the first of approximately 11,000 lawsuits over the company's metal-on-metal hip implants, according to JD Journal.
Here are 6 recent orthopedic and spine device company mergers or acquisitions.
TranS1 medical device company posted a net loss of $12 million for the fourth quarter of 2012, due in part to increased operating expenses from a government settlement.
Alachua, Fla.-based AxoGen appointed Shawn McCarrey as its senior vice president of sales.
Here are 12 recent news updates for orthopedic and spine device companies in the month of February.
The FDA granted clearance to ArthroCare's SpeedLock HIP Knotless Fixation implant.
The Balma, France-based medical device company Vexim has acquired a system to mix and inject orthopedic cement for vertebroplasty procedures.
MAKO Surgical suffered a net loss of $5.7 million in the fourth quarter of 2012, and the company's revenue for the quarter declined 8 percent from $32.9 million in 2011 to $30.2 million in 2012 due to down device sales.
The FDA issued a Class 1 recall for DePuy Orthopaedics’ LPS Diaphyseal Sleeve, which is used with the LPS system as an end-stage revision knee device.
Global medical device company Smith & Nephew named Michael Friedman, MD, as a non-executive director to join the board April 11.
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