Start-Up News: New Twists in Spine and Orthopedics
Executive Summary
A brief discussion of a few new companies in the spine and orthopedic surgery market that presented at Medtech Insight and Windhover Information's IN SPINE & ORTHOPEDICS conference in Las Vegas, December 2006.
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Although big companies grabbed the headlines with problems, 2006 proved to be a strong year for the medical device industry and growth prospects look strong. Our selection of the device industry highlights of 2006 includes: Boston Scientific-Guidant deal: the winner may be Abbott; Device IPO market remains strong; Drug-eluting stent safety debate; Conflicts of interest: (physician relationships with companies); The bid for Biomet; VC Pendulum shifts towards medical devices; Kyphon bids for St. Francis; and Diagnostic imaging and in vitro diagnostics converge.
Dynamic Stabilization Rocks Spine
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Impliant Inc..
Emboldened by recent acquisitions in its industry, Impliant Inc. is beginning pivotal US trials on TOPS, a spinal stablization device that could offer surgeons an alternative to fusion.