Wednesday, October 28, 2009

10.27 Daily Digest

EARNINGS

Exactech Q3 Revenue $42.4M; Net Income $2.7M or $0.21 EPS. US sales posted up from 3Q 2008 with an increase by 25% increase in Hip, 4% increase in Knee, 7% increase in Biologic and Spine, 31% increase in Extremeity, and 13% increase in Other products. Learn More

Össur Announced 3Q 2009 Sales of US $84MMM, with prosthetic sales up 11%, EBITDA margin at 23% and net profit at 7% of sales. Learn More

FEATURED PRODUCTS/PROCEDURES/MARKETING

OR to Webcast Live a Personalized Partial Knee Resurfacing Procedure Featuring ConforMIS System. At 6 p.m. CST on November 10, Foundation Surgical Hospital will present a live webcast of a partial knee replacement featuring the iUni® G2 Personalized Knee Resurfacing System of ConforMIS, Inc. During the webcast, the viewing audience can email questions to the doctors. Learn More

 

SALES/MARKETING

K2M Opens Direct Sales & Distribution Office in the U.K. K2M’s expansion into the UK began in 2008 with the CE Mark clearance and successful introduction of its RANGE® Spinal System, MESA® Spinal System, DENALI® Spinal System, PYRENEES® Cervical Plate System, and ALEUTIAN® Interbody Systems. Learn More

APPOINTMENTS/EXECUTIVES

Dane Miller, Biomet Co-Founder, Receives Phoenix Lifetime Achievement Award. The Phoenix Award recognizes the career of an executive or entrepreneur whose efforts have led a company to a leadership position in the medical device and diagnostic industry. Learn More

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