March 14, 2017 | Editor
HealthpointCapital, a private equity firm focused exclusively on the Musculoskeletal sector, announced that Mike Mogul, former CEO of DJO Global and Group President at Stryker Corporation will join the firm’s leadership team.
March 13, 2017 | Blake Mossy
NovoSource is preparing to liquidate its corporate assets through a court-ordered auction in late spring 2017. This will include the company’s knee and hip replacement portfolios, which are for pain reduction and improved function in total knee arthroplasty.
March 9, 2017 | Blake Mossy
K2M Group reported 4Q:16 financial results. Total revenue was $61.8 million in 4Q:16, representing an increase of 14% compared to $54.2 million in 4Q:15. Adjusted EBITDA was $0.8 million in 4Q:16, decreasing from $1.3 million in 4Q:15. Gross margin for 4Q:16 decreased to 62.1% compared to 66.3% in 4Q:15.
March 8, 2017 | Blake Mossy
Shoulder Options is preparing to divest its proximal humerus plate portfolio, designed for the treatment of proximal humerus fractures, and for rotator cuff repair.
March 7, 2017 | Blake Mossy
K2M entered into an agreement to acquire e-Fellow, a mobile software platform that aims to streamline the patient billing and care process.