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SmartTRAK Life Sciences News and Analysis Blog

4 min read

VIVEX: The Best-Kept Secret in Biologics - An Interview with CEO Peter Wehrly

By Sharon O'Reilly on 10/29/21 8:55 PM

Pete Wehrly, CEO of VIVEX Biologics, discusses the Company and its diverse portfolio in orthopedics and wound care in an interview with SmartTRAK

In an interview with SmartTRAK, VIVEX Biologics’ CEO Pete Wehrly discusses how VIVEX’ diverse portfolio of regenerative solutions in orthopedics and wound care can potentially turn the regenerative medicine industry on its ear with an eye towards proving, through economic and clinical evidence, that its technologies are better than anything on the market today.

To find out more about the Company, its technologies and what’s next in terms of clinical research and reimbursement, click on the following video to see the interview recorded live at the North American Spine Society (NASS) Annual Meeting held in Boston Sept 29 to Oct 2, 2021 (11:24 min). A link to download the complete transcript of the interview is also provided below.

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4 min read

A Modern Day Approach for Ordering DME Supplies: An Interview with David Gelbard

By Susan Paquette on 10/29/21 10:56 AM

In an interview with SmartTRAK, Parachute Health CEO David Gelbard discusses the Company and its novel, online DME ordering system for medical devices and supplies that benefit the patient, provider and supplier eliminating the challenges of the ancient fax world.

Parachute Health has implemented a novel, online ordering system that is used for a variety of DME supplies including mobility, sleep therapy and respiratory aids, along with diabetes, wound care, ostomy and urology incontinence supplies. The system benefits the patient, provider and supplier by creating a win, win, win for all and eliminates the challenges of the back-and-forth approval process associated with faxing requests.

In an interview with SmartTRAK, Parachute Health’s CEO, David Gelbard said he founded the Company because his father did not receive an important DME supply after leaving the hospital, causing him to fall at home and requiring additional care. David’s vision for the Company is to establish the infrastructure for DME supplies such that its ease-of-use replicates that of ordering shoes on Amazon or swiping your credit card at a local coffee store. Today, the Company operates across the US at 40,000 different sites of care, from hospitals, nursing homes and doctor’s offices to home health and hospice agencies, and has a network of over 100,000 physicians and prescribers—a number that is rapidly growing. To find out more about the Company and its operation, click on the following video to listen to SmartTRAK’s interview with David Gelbard, recorded via Uberconference (23:35 min). A link to the complete transcript of the interview is also provided below.

Topics: Wound Care
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9 min read

Recent Advanced Wound Care News & Developments: SAWC Know Before You Go

By Thomas Wallick on 10/26/21 9:30 AM

It's time to get out there again and reconnect. SmartTRAK is excited to be attending SAWC Fall, the Symposium on Advanced Wound Care in Las Vegas, Nevada, October 29-31. Gary Delhougne, our new GM,  Wound, will be representing SmartTRAK at the meeting. Please reach out if you would like to meet with Gary in Nevada and see what SmartTRAK can do for you. We've also put together an overview of the latest AWC news to give you a little head start before you get to Vegas.

At SmartTRAK, we constantly monitor the worldwide MedTech industry, sifting through the noise to present to our subscribers the most relevant international news, patents, trends, new products, financial data and competitor developments in the global Life Sciences industry. The following is just a small sampling of recent Advanced Wound Care related news and updates from around the world compiled, reviewed and posted in real time every day by the expert analysts at SmartTRAK.

Markets:

  • Advanced Medical Solutions*

    AMS announced that they became part of the NHS Shared Business Services (NHS SBS) framework in the UK w/ their range of advanced wound care dressings. The agreement covers health and corporate services including, e.g., IT, legal, estates & facilities and business services.

  • Foam Dressings in Europe
    Foam is the leading dressing category in the TOP5 EU countries except for Italy, where antimicrobial dressings head up the market in 2020. France owns 36% of the EU Foam market followed by Germany w/ 22%, UK w/ 14%, Spain w/ 8% and Italy w/ 3%. SmartTRAK Europe Market Reports 

  • Winner Medical*
    Winner Medical reported from their participation in the 85th China International Medical Equipment (Autumn) Expo (CMEF) in Shenzhen, China. Winner exhibited their market areas, mainly wound care and infection prevention, for professional care and home care.<

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Topics: Wound Care
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2 min read

Meet Jim Petricek - General Manager, Orthobiologics & Regenerative Medicine

By Thomas Wallick on 10/25/21 9:26 AM

We are pleased to announce that Jim Petricek has joined the team at SmartTRAK as General Manager, Orthobiologics and Regenerative Medicine. Jim has 20+ years operational and management consulting experience in orthobiologics and regenerative medicine with roles in product development, marketing and business development, including prior management positions with BioMimetic Therapeutics and Synthes.

Meet Jim Petricek:

What is your role with SmartTRAK? General Manager Orthobiologics and Regenerative Medicine; Lead Analyst Orthobiologics

What do you like about SmartTRAK? I’ve had the pleasure of interacting with SmartTRAK for many years. The group is very knowledgeable in their respective fields, and while I’m sure not every day is bliss, there is a very palpable sense that everyone really enjoys being part of the SmartTRAK team.

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6 min read

SmartTRAK's 2021 AOFAS Meeting Highlights

By Natasha Weeks on 10/21/21 9:30 AM

New product introductions and innovative technologies set the stage for AOFAS 2021.

At the American Orthopaedic Foot & Ankle Society (AOFAS) meeting in Charlotte, NC, SmartTRAK identified several key themes and takeaways from the meeting as manufacturers showcased innovation through new product introductions, continue to focus on hallux valgus corrections and the associated instrumentation allowing for reproducible outcomes and the advancements of 3D printed solutions.

The Luster of New Products Help Drive Healthy Foot & Ankle Competition

The foot & ankle space does not look like it is slowing down anytime soon based on the products highlighted at AOFAS. Innovation is helping to drive growth in the US market for Foot & Ankle Repair and Reconstruction, which is projected to reach a 5-year CAGR of +4.9% according to SmartTRAK’s Foot & Ankle Market OverviewNewsworthy highlights include:

Topics: Orthopedics
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3 min read

Evolution is Inevitable: An Interview with Anika's Cheryl Blanchard, PhD

By Freddy Buntoum on 10/18/21 9:37 AM

Cheryl Blanchard, President and CEO of Anika Therapeutics, discusses the Company’s metamorphosis from a partnered, single product company into a customer-facing, global joint preservation market player, in an interview with SmartTRAK.

Cheryl Blanchard, PhD, discusses the company’s remarkable achievements amid a global healthcare crisis and progress made as Anika continues to execute on its Transformational Growth Strategy and grand plan in an interview with SmartTRAK at the American Academy of Orthopaedic Surgery (AAOS) 2021 in San Diego, California. To find out more, click on the following audio recording. A link to download the complete transcript of the interview is also provided below.

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1 min read

The Debate Over HA Therapy: AAOS 2021

By Freddy Buntoum on 10/15/21 9:48 AM

This Year’s AAOS Annual Meeting was no different--scientific bodies are still divided on the efficacy of HA therapy and it remains a “bête noire” sitting outside of the gold standard for the treatment of patients affected by knee OA.

For some time now, hyaluronic acid (HA) viscosupplement injections (aka intra-articular (IA) HA injections) have become a standard and an integral part of the physician’s armamentarium in the treatment continuum for an ever-growing number of patients suffering from knee osteoarthritis (OA). With OA universally established as the most prevalent form of arthritis afflicting the US population, SmartTRAK estimates that approximately 2.3 million HA injection procedures will be performed for knee OA alone.  Yet, confusion and debates persist over the efficacy of HA therapy, product composition and source of the HA, volume and number of injections, treatment cost and, more recently, regulatory classification for HA products. SmartTRAK believes that the plethora of studies on the use of HA injection that show varied results is ...

To download and read the complete article by Freddy Buntoum, Sr. Analyst, Orthobiologics and Regenerative Medicine at SmartTRAK, please click the button below.

Download the Article

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10 min read

OTA Know Before You Go: Recent Trauma News and Developments

By Thomas Wallick on 10/12/21 9:00 AM

With the fresh scent of optimism in the air, it's time to get out there again and re-connect. SmartTRAK is excited to be attending OTA, the Orthopaedic Trauma Association annual meeting in Fort Worth, Texas, October 20-23. Please reach out if you would like to meet in Ft. Worth and see what SmartTRAK can do for you. We've also put together an overview of the latest trauma news to give you a head start for the meeting.

At SmartTRAK, we constantly monitor the worldwide MedTech industry, sifting through the noise to present to our subscribers the most relevant international news, patents, trends, new products, financial data and competitor developments in the global Life Sciences industry. The following is just a small sampling of recent Trauma related news and updates from around the world compiled, reviewed and posted in real time every day by our SmartTRAK expert analysts.

Patents:

  • JNJ/DePuy Synthes* 

    DePuy Synthes Products’ US Patent Application “Angled Flutes in Cannulated Bone Screws” was published describing a cannulated bone anchor w/ cutting flutes extending to the distal end of the anchor. 20210307800

  • Adaptive Tibiotalocalcaneal Arthrodesis Nail
    A US Patent Application “ADAPTIVE TIBIOTALOCALCANEAL ARTHRODESIS NAIL - NAIL ADAPTER SYSTEM,” submitted by Amr Abdelgawad of Brooklyn, NY was published describing a tibiotalocalcaneal nail & system that has a plurality of effective interfaces. 20210307794

  • Arthrex was issued US Patent “Low profile dorsal plate” describing devices, systems & methods for direct dorsal fixation of fractures of the distal radius including a low profile dorsal plate. 11,134,996

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1 min read

SmartTRAK is Seeking a Spine Market Analyst

By Sharon O'Reilly on 10/11/21 11:02 AM

We are looking to strengthen our SmartTRAK Spine module with the addition of a qualified person with industry specific experience. All SmartTRAK analysts are former marketing, business development or R&D professionals with one of the major orthopedic/spine suppliers and, in fact, most have come to us via recommendations from our subscribers, as well as those in the industry. We believe that having a person of this caliber with relevant experience and deep insight on the market is a tremendous value-add we can offer SmartTRAK subscribers.

We are looking for person with Spine industry experience who is interested in working approximately 20 hours per week. We would also consider a person who would like to work full-time.Learn More and ApplyIdeally, this person has:

  • Deep knowledge of the spine market, especially spine hardware
  • Strong communication skills, especially writing
  • Good analytical skills and experience with forecasting
  • Attention to Detail
  • Extensive contacts in the industry with both companies and clinicians

This is a great position for an experienced person who wants to remain in the game but wishes to work part-time.

Visit our careers page to apply or request more info.

Topics: Spine
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2 min read

What's on the Horizon? Q221 Spine Market Recap

By Julianne Burns on 10/8/21 9:50 AM

The US Spine market appears to be continuing on a skyward trajectory...but what’s really on the horizon for Spine?

With Q221 year-over-year growth up almost 46%, the US Spine market appears to be continuing on a skyward trajectory. However, as compared to Q219, Q221 saw growth of only +1.3%, reflecting ongoing COVID challenges. What’s really on the horizon for Spine? While the first half of 2021 has certainly looked much brighter than 2020, one big question remains: how big of an impact will the Delta variant surge have on the back half of the year?

Among the many topics covered in detail in our comprehensive Q221 Spine Market Recap* are:

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