Metro Atlanta's MiMedx to spin out subsidiary to focus on biopharma
Marietta-based MiMedx Group, Inc. (NASDAQ: MDXG) has signed an agreement to divest the company's subsidiary, Stability Biologics LLC, back to its original stockholders.
MiMedx's said its transition into a biopharmaceutical company was an impetus for this divestiture initiative.
MiMedx Group is developing and marketing regenerative and therapeutic biologics with human placental tissue allografts and patent-protected processes for multiple sectors of health care. In January of 2016, the company acquired… (Source: bizjournals.com Health Care:Physician Practices headlines)
Source: bizjournals.com Health Care:Physician Practices headlines - August 21, 2017 Category: American Health Authors: Eric Mandel Source Type: news
MiMedx divests Stable Biologics subsidiary in transition to focus on biopharma
MiMedx (NSDQ:MDXG) said today it inked a definitive agreement with the former shareholders of Stability Inc. to divest itself of Stability Biologics, which it acquired last January.
The Marietta, Ga.-based company said the divestiture is part of its plan to transition back into a biopharmaceutical-focused company.
“The transaction is expected to be completed in the 3rd quarter of 2017, and the consideration will include a promissory note issued by Stability Biologics in the principal amount of $3.5 million in favor of MiMedx and a waiver by the former stockholders of Stability, Inc. of all claims and rights to...
Source: Mass Device - August 18, 2017 Category: Medical Devices Authors: Fink Densford Tags: Business/Financial News Mergers & Acquisitions Regenerative Medicine MiMedx Group Inc. Stability Biologics Source Type: news
Camber spine wins FDA nod for Spira interbody fusion device
Camber Spine Technologies said today it won FDA 510(k) clearance from the FDA for its Spira open matrix anterior lumbar interbody fusion device.
The Wayne, Penn.-based company said the Spira device consists of spiral support arches designed to increase fusion rates and stabilization. The company said the spiral support arches also decrease subsidence by load sharing over the entire endplate while also maximizing bone graft capacity.
“Camber Spine is very excited to be launching our first in a series of spinal implants using 3D printed – additive manufacturing. This specialized manufacturing technology allows us...
Source: Mass Device - August 16, 2017 Category: Medical Devices Authors: Fink Densford Tags: 510(k) Regulatory/Compliance Spinal camberspine Source Type: news
Prolonged Allograft Survival in Chronic Immunosuppression Prolonged Allograft Survival in Chronic Immunosuppression
This review explores the potential for the indefinite survival of a skin allograft among transplant patients on chronic immunosuppression.Wounds (Source: Medscape Critical Care Headlines)
Source: Medscape Critical Care Headlines - August 15, 2017 Category: Intensive Care Tags: General Surgery Journal Article Source Type: news
Pain and itch outcome trajectories differ among European American and African American survivors of major thermal burn injury
Over half of individuals experiencing major thermal burn injury (MThBI) receive an autologous skin graft (autograft), in which skin is removed from a healthy " donor " site and transplanted to the burn site. Persistent pain/itch at the graft site are major causes of suffering and disability in MThBI survivors. African Americans have a higher risk of MThBI, and in other clinical settings African Americans experience a greater burden of pain and itch relative to European Americans. However, to our knowledge, ethnic differences in skin graft site pain/itch outcomes after MThBI have not been assessed. We evaluated skin graft s...
Source: Current Awareness Service for Health (CASH) - August 14, 2017 Category: Consumer Health News Source Type: news
7 medtech stories we missed this week: August 11, 2017
[Image from unsplash.com]From Xtant Medical’s 510(k) extension to Varian Medical’s distribution deal, here are seven medtech stories we missed this week but thought were still worth a mention.
1. FDA extends Xtant Medical’s 510(k) for Calix C spinal implant
Xtant Medical announced in an Aug. 9 press release that the FDA has cleared its product line extensions for the Calix-C cervical inter body cages. The clearance allows for two larger footprints to be added for use with allograft. The Calix-C Cervical Interbody Spacer is designed for spinal fusion procedures at level one in patients who are skeletally m...
Source: Mass Device - August 11, 2017 Category: Medical Devices Authors: Danielle Kirsh Tags: 510(k) Cardiovascular Clinical Trials Food & Drug Administration (FDA) Oncology Regulatory/Compliance Spinal Surgical Apifix Cardiac Science Hip Innovation Life Spine Inc. MedTech Pentax Medical Varian Medical Systems Xtant M Source Type: news
Immediate implant placement into posterior sockets with or without buccal bone dehiscence defects: A retrospective cohort study
ConclusionsWithin the limitations of this study, flapless implant placement into compromised sockets in combination with DBBM grafting may be a viable technique to reconstitute the defected buccal bone plates due to space maintenance and primary socket closure provided by healing abutments and bone grafts.Clinical significanceImmediate implants and DBBM grafting without using membranes may be indicated for sockets with buccal bone defects. (Source: Dental Technology Blog)
Source: Dental Technology Blog - August 4, 2017 Category: Dentistry Source Type: news
Wright Medical shares rise on Q2 beat
Shares in Wright Medical (NSDQ:WMGI) rose yesterday after the medical device maker beat expectations on Wall Street with its 2nd quarter earnings results.
The Amsterdam-based company posted losses of $41.2 million, or 39¢ per share, on sales of $179.7 million for the 3 months ended June 25, seeing losses shrink 82.1% while sales grew 5.3% compared with the same period during the prior year.
Adjusted to exclude 1-time items, losses per share were 7¢, just ahead of the 9¢ loss per share consensus on The Street, where analysts were looking for sales of $178.2 million for the quarter.
“All of our most important finan...
Source: Mass Device - August 4, 2017 Category: Medical Devices Authors: Fink Densford Tags: Business/Financial News MassDevice Earnings Roundup Wall Street Beat wrightmedical Source Type: news
Exposure of threads after bone graft?
I recently uncovered an implant after about 3 months. About 1-2mm of the buccal threads were exposed. (Source: Dental Implants Discussed by Experts)
Source: Dental Implants Discussed by Experts - July 31, 2017 Category: Dentistry Authors: osseonews Tags: Clinical Questions Regenerative Source Type: news
Biopsies to Identify Patients at Risk for Allograft Loss Biopsies to Identify Patients at Risk for Allograft Loss
Serial allograft biopsies may help determine which patients with de novo donor-specific antibodies are most likely to experience allograft loss.American Journal of Transplantation (Source: Medscape Today Headlines)
Source: Medscape Today Headlines - July 19, 2017 Category: Consumer Health News Tags: Transplantation Journal Article Source Type: news
Radiolucent lesion and immature bone: Proceed with caution?
Tooth #19 had failed RCT with infection and fistula and large radiolucent lesion. It was extracted and a bone graft done and implant placed 5 months later. (Source: Dental Implants Discussed by Experts)
Source: Dental Implants Discussed by Experts - July 13, 2017 Category: Dentistry Authors: osseonews Tags: Clinical Cases Surgical Source Type: news
MassDevice.com +5 | The top 5 medtech stories for July 3, 2017
Say hello to MassDevice +5, a bite-sized view of the top five medtech stories of the day. This feature of MassDevice.com’s coverage highlights our 5 biggest and most influential stories from the day’s news to make sure you’re up to date on the headlines that continue to shape the medical device industry.
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5. BD extends Bard note exchange offering again
Becton Dickinson said today is once again extending its exchange offering for up to $1.1 billion in outstanding C. R. Bard notes from July 3 to August 1.
The company is offering exch...
Source: Mass Device - July 3, 2017 Category: Medical Devices Authors: MassDevice Tags: News Well Plus 5 Source Type: news
Medtronic nearing resolution on Infuse suits
Medtronic (NYSE:MDT) is closing in on a resolution to the long-running legal battles over its Infuse bone-growth protein designed for back surgeries, according to an SEC filing posted last week.
The Fridley, Minn.-based company said that it is approaching agreements to settle approximately 6,000 cases against it which asserted personal injury claims due to the bone graft product in an SEC filing.
“As of June 1, 2017, the company has reached agreements to settle substantially all of these claims, resolving this litigation,” Medtronic wrote in an SEC filing.
While Medtronic did not release exact financial detail...
Source: Mass Device - July 3, 2017 Category: Medical Devices Authors: Fink Densford Tags: Legal News Regenerative Medicine Spinal Medtronic Source Type: news
Socket Grafting and Ridge Preservation using Bond Apatite
The socket and the ridge were preserved by augmenting the area with Bond apatite bone graft cement. (Source: Dental Implants Discussed by Experts)
Source: Dental Implants Discussed by Experts - June 30, 2017 Category: Dentistry Authors: osseonews Tags: Clinical Cases Regenerative Source Type: news
MassDevice.com +5 | The top 5 medtech stories for June 29, 2017
Say hello to MassDevice +5, a bite-sized view of the top five medtech stories of the day. This feature of MassDevice.com’s coverage highlights our 5 biggest and most influential stories from the day’s news to make sure you’re up to date on the headlines that continue to shape the medical device industry.
Get this in your inbox everyday by subscribing to our newsletters.
5. DeviceTalks: 3M’s Cindy Kent on leadership, growth and inclusion in medtech
Cindy Kent is no stranger to medtech – she’s spent 20 years in healthcare, moving up the ranks and finding her way to president & GM for ...
Source: Mass Device - June 29, 2017 Category: Medical Devices Authors: MassDevice Tags: News Well Plus 5 Source Type: news
