Vivorté, Inc., a vertically-integrated, specialty orthopedic biomaterials company, announced the commercial availability of a complete line of bone grafting product solutions.
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Vivorté Cites BioMedGPS in the FORTERA and REGENTO bone grafting solutions Release
By Sharon O'Reilly on 10/20/17 9:01 AM
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Join BioMedGPS for a Gathering of Spine and Ortho Industry Executives at NASS
By Sharon O'Reilly on 10/17/17 6:15 PM
Co-sponsored by: Capital One Healthcare, Kinsella Group and BioMedGPS
Cocktails and heavy hors d’oeuvres will be served at the Tommy Bahama Restaurant & Bar, just steps away from the Orange County Convention Center. The spacious patio is a perfect location for an evening of networking under the stars.
The evening will include a short panel discussion titled From the OR to the OEM: A Perspective, led by Don Urbanowicz, Principal, Urbanowicz Consulting, LLC.
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Top 5 Trends in Joint Replacement
By Lisa Mahan on 10/4/17 9:00 AM
Push Pull Trends in Joint Replacement Market Keep Growth Steady
Over the next twelve months, BioMedGPS projects the US Joint Replacement Market will grow in the low single digits at approximately 3%. This slow but steady growth is consistent with past years as the push pull of market trends keeps it in check. Gaining share in this era will require companies to navigate the changing political and economic landscape and to deliver solutions beyond launching the latest widget...
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Q217 Total Joints Market: Differing Approaches to Cost Containment
By Lisa Mahan on 9/18/17 3:07 PM
India spoke loud and clear with extreme pricing caps on total knee replacements, while CMS sends mixed messages on controlling costs in the US
Outside the US the Total Joints Market softened during Q217, offsetting stable to strengthening results in US Knees and Hips, with the WW Market (as reported) growing +0.7%. Countries such as India are working to reduce the cost burden of joint replacement surgery, while in the US, the Centers for Medicaid & Medicare Services (CMS) is sending mixed messages keeping reimbursement rates relatively flat while proposing reductions to its Comprehensive Care for Joint Replacement bundled payments initiative...
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BioMedGPS Announces Expanded European Market Coverage with EU Trauma and Extremities
By Lisa Mahan on 9/11/17 6:00 PM
Irvine, CA (PRWEB) September 12, 2017
BioMedGPS, the leading provider of real-time analytics and strategic intelligence of the orthopedic/spine, wound care, regenerative medicine and neuro therapies markets, announces expanded coverage of SmartTRAK Business Intelligence for the European market with the addition of modules in SmartTRAK EU Extremities and EU Trauma.
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Bioventus CEO cites SmartTRAK HA Market Stats in Durolane Approval
By Rebecca Gonzalez on 9/10/17 9:00 AM
Durham-based Bioventus has received approval from the U.S. Food and Drug Administration for its treatment, Durolane.
The single-injection product treats knee osteoarthritis pain. The company plans to launch Durolane in the U.S. early next year.
Citing BioMedGPS SmartTRAK, Bioventus CEO Tony Bihl said in an email that “the 2016 entire HA market in the US (1-shot, 2-shot, 3-shot and 5-shot) was about $979 million.”
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India's Cap on Knee implant Pricing May Slow Revenue Growth
By Lisa Mahan on 9/5/17 11:41 AM
Max Retail Pricing for Knees in India Dropping up to 78%
The Indian Government enacted price controls for knee implants capping the price significantly below current market rates. According to a report in IndiaToday , the move is the latest step in the government’s move to bring down the cost of medical devices and pharmaceuticals. The price controls for knee replacement implants caps the price of CoCr knees at ~$852 (54,720 rupees). Ananth Kumar, Minister of Chemicals and Fertilisers, stated current implants are priced at up to ~$3,895 (250K rupees) at Indian hospitals...
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OrthoBio Market: SmartTRAK Predicts strong Growth Ahead
By Sharon O'Reilly on 8/24/17 6:50 PM
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Historical Controls Remove Barrier in Cartilage IDE Studies
By Sharon O'Reilly on 5/3/17 1:52 PM
FDA allowing use of historical controls may overcome a significant barrier and expedite pt enrollment in cartilage repair IDE trials notes Jack Farr, MD, at 2016 ICRS.
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Role of Injectable Therapies for Knee Osteoarthritis
By Sharon O'Reilly on 5/2/17 1:22 AM
Injectable treatments will never turn a bad joint into a good one but may relieve pain for an undetermined period of time, concludes Elizaveta Kon, MD, in a conversation with BioMedGPS at the 2016 ICRS. Dr. Kon has performed extensive research comparing injectable technologies (e.g., PRP, HA, BMAC) and believes their primary role is in treating pain in pts who wish to avoid surgery.
Robust growth is predicted for the US OrthoBio market, driving revenues to over $4B by 2021E according to SmartTRAK projections.