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Zimmer pulls metal-on-metal Durom acetabular hip implants from Australian market
Orthopedic devices giant Zimmer cancels its Durom acetabular hip implant component from the Australian market amid higher revision rates.In another blow to the metal-on-metal hip implant market,...
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Invesco boosts share in Smith & Nephew | Wall Street Beat
Invesco raises its stake in medical device company Smith & Nephew by more than 20%.Invesco, a Atlanta-based investment management firm, bought up another clutch of Smith & Nephew (FTSE:SN,...
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Zimmer tallies remaining legal costs for temporarily recalled Durom MoM hips...
Orthopedic giant Zimmer expects another $230 million in legal costs for its Durom metal-on-metal acetabular hip implants, which were pulled off of shelves for about 1 month in 2008.Corrected November...
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Zimmer can't shake Stryker poaching charges
A federal judge rules that Zimmer Holdings must face a jury trial over charges that it ran a deliberate campaign to raid Stryker's sales operations in Las Vegas and Arizona.Get the complete picture...
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Report: Baxter's in the hunt for $4B Gambro buyout | Wall Street Beat
Baxter International is said to be in the hunt for a $4 billion acquisition of Swedish medical device company Gambro.Anonymous sources say that Baxter (NYSE:BAX) is pursuing an acquisition of Swedish...
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Zimmer slips 2nd Durom lawsuit
Zimmer Holdings dodges a follow-up lawsuit accusing it of violating the Employee Retirement Income Security Act by concealing problems with its Durom metal-on-metal hip implant.Zimmer (NYSE:ZMH)...
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Zimmer Spine launches urgent global recall
Orthopedic devices maker Zimmer's spine business orders an urgent global recall of certain PEEK spinal surgery instruments over reports of breakage during surgery.Medical device giant Zimmer Holdings...
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MassDevice Top 10 of 2012 | The top medical device stories of the year, Part III
Welcome to MassDevice's annual audit of the ups, downs and in-betweens of the year that was. For the medical device industry, 2012 was more or less defined by efforts to undermine the medical device...
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Medical devices companies in 2012: The year of the layoff
Medical devices made a lot of headlines in 2012, and the word "layoffs" was in many of them.The medical device industry had a lot of big stories during the last year, including tales of recalls,...
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Zimmer recall gets FDA's highest-risk Class I status | MassDevice.com On Call
The FDA slaps Zimmer with Class I status for a global medical device recall of spinal surgery instruments.MASSDEVICE ON CALL — The FDA slapped medical device giant Zimmer Holdings (NYSE:ZMH) with Class...
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Zimmer: We're not pushing the device tax down the line
Orthopedic giant Zimmer Holdings won't push the cost of the medical device tax down the line to its distributors, according to CEO David Dvorak.Medical device company Zimmer Holdings (NYSE:ZMH) is...
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Zimmer regional chairman retires | Personnel Moves
Zimmer chairman of Europe, Middle East and Africa resigns from his role after 23 years with the company. Zimmer regional chairman resignsGet the complete picture with a MassDevice Plus membership....
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Layoffs: Zimmer Spine, Getinge shutter plants in Texas
At least 95 Texas medical device employees will lose their jobs this year after Zimmer Spine closes its facility in Austin and Getinge Group shutters a plant in San Antonio.At least 95 Texas medical...
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Zimmer wins FDA nod for iAssist Knee positioning device
Zimmer Holdings says the FDA cleared its iAssist Knee system for helping surgeons accurately position knee implantsZimmer (NYSE:ZMH) said it won 510(k) clearance from the FDA for its iAssist Knee...
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Zimmer slides on lower spine market outlook
Shares of Zimmer Holdings slide after the medical device company releases its 4th-quarter and 2012 results, saying it expects pressure to continue for the U.S. spine market.Shares of Zimmer (NYSE:ZMH)...
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Zimmer loses bid to deny bellwether case in NextGen knee implant lawsuits
A federal judge denies Zimmer Holdings' bid to block a lawsuit from becoming a bellwether case for the multidistrict litigation over its NextGen knee implant.Zimmer (NYSE:ZMH) lost a bid to bar 1 of...
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Stryker wins $70M judgment in wound debridement patent case against Zimmer
A Michigan jury awards $70 million plus royalties to Stryker in a patent infringement case against rival Zimmer Holdings over wound debridement devices.Get the complete picture with a MassDevice Plus...
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MassDevice.com +3 | The top 3 med-tech stories for Feb. 6, 2013
Say hello to MassDevice +3, a bite-sized view of the top three med-tech stories of the day. This feature of MassDevice.com's coverage highlights our 3 biggest and most influential stories from the...
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Zimmer: Justice Dept.-SEC probe is over
Zimmer Holdings says the SEC and the U.S. Justice Dept. closed a probe into possible violations of the Foreign Corrupt Practices Act by the orthopedic medical device company.A federal probe into...
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When it comes to robots, opinions run hot
The benefits and risks – not to mention the costs – of robot-assisted surgery make for hot debate on Wall Street and among physicians.University of KentuckyBy Stephen SimpsonNews Well, Orthopedics,...
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