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...His Illinois-based start-up builds tools to help surgeons navigate spinal instruments and implants during operations and attracted the biggest US deal over the past six weeks with an $83mn funding round...
...“We need to miniaturise implants down to the size of a grain of rice.”...
...Neurotechnology projects enabling disabled people to control bionic limbs by thought and prosthetic implants that reconstruct damaged brain circuits have received much publicity....
...Medtronic is the world’s largest standalone maker of medical devices, ranging from spinal implants to insulin pumps, with a market value of about $60bn....
...The tie-up gives Zimmer scale in faster growing peripheral areas such as spinal implants, and creates scope for cost-cutting (it will help that the companies are both headquartered in the same Indiana town...
...Medtronic is to pay $816m for China’s KangHui Medical, which makes implants to treat orthopaedic conditions, as the US medical devices maker tries to bolster its foothold in one of the world’s fastest growing...
...For many of the most important products – pacemakers and implantable defibrillators, orthopaedic implants, spinal implants and cardiac stents – revenue growth has slowed or turned negative over the past...
...The press release: In response to market speculation, Synthes, Inc....
...Johnson & Johnson’s spinal disc replacement Charite, which competes with Synthes’ ProDisc product, will not be covered by Medicare in the under-sixty-five age group....
...Analysts said that the share price was already pricing in expectations of strong sales for ProDisc, a spinal implant, despite some uncertainty surrounding the timing of FDA approval, acceleration of sales...
...Jeffrey, a dentist, had survived cancer and a debilitating car crash, and was fighting both a degenerative spinal condition and chronic eye disease....
...It has also expanded into the rapidly growing spinal implant and dental reconstructive markets....
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