Piper Jaffray Healthcare Conference In Brief
This article was originally published in The Gray Sheet
Executive Summary
J&J/DePuy ASR hip: Investigational device exemption filing for the Articular Surface Replacement less-invasive hip system will be submitted to FDA this year, leading to a U.S. launch in 2007, J&J Worldwide Chairman-Medical Devices & Diagnostics Michael Dormer reports at a Jan. 27 session of the Piper Jaffray Healthcare Conference in New York. A European debut is slated for this quarter. Targeting a $500 mil. market, the device "provides excellent function with less damage to the natural bone structure" and "permits total hip replacement in later years should the need ever arise," the exec explains. J&J also is readying the Proxima conservative hip replacement system, preparing to begin European trials by Q2 with hopes for a 510(k) submission by Q1 2005. Proxima is designed to support minimally-invasive surgical techniques. A ceramic-on-ceramic hip bearing already available outside the U.S. is on track for U.S. approval in the second half of 2004...