MedSonics uses a handheld diagnostic ultrasound device to detect, monitor and chart bone abnormalities and fractures cheaply and more efficiently to determine whether the patient needs to be moved to a healthcare facility for an X-Ray or scan.

DePuy Orthopaedics launched several new surgical products this week for knee, shoulder and hip revisions.The Johnson & Johnson (NYSE:JNJ) subsidiary accounted for $5.8 billion in sales in 2011, but those sales were offset by $521 million in costs associated with the 2010 recall of its metal-on-metal ASR hip replacement system. That line of products had [...]

The Austen BioInnovation Institute in Akron (ABIA) has created its first company: a firm that’s developing a noninvasive spinal fixation system for children with scoliosis.APTO Orthopaedics’ device is designed to eliminate the need for repetitive, painful and costly surgeries for children with scoliosis, who can require up to two surgeries per year to adjust implants [...]

Smith & Nephew‘s (NYSE:SNN) spinoff of its biologics and clinical therapies operation into a joint venture will keep the business at its present location in Durham, North Carolina.But the unit, which will be majority owned by life sciences investing firm Essex Woodlands, will operate under the new name Bioventus. London-based medical technology giant Smith & [...]

Medical device maker X-Spine has obtained U.S. regulatory clearance of a new spinal fusion system.The Miamisburg, Ohio company’s AXLE-PEEK system is cleared for the treatment of degenerative disk disease and is able to be implanted through a smaller incision than competing systems, according to a statement from the company.The new system also allows surgeons to [...]

Flexuspine, which is developing a total spine disc replacement system, has added $2.1 million to a larger series B round of investment funding.CEO Vin Jannetty declined to reveal any more information about the Pittsburgh-based company’s past, present or future fundraising, but said Flexuspine would be making a public announcement about the B round soon. The [...]

A Louisville company that’s developing a medical device to help surgeons monitor the progress of spinal fusion surgeries is eyeing a relocation to the Cleveland area.OrthoData is hoping to attract some Northeast Ohio investors to help pave the way for the relocation. The company would also use a hoped-for $7 million series B round of [...]

A Philadelphia-area pharmaceutical company developing innovative treatments for bone disorders has raised fresh capital, likely working toward the commercialization of an osteoporosis treatment.Zelos Therapeutics has raised $2.8 million, according to a recent filing with the Securities and Exchange Commission. President and CEO Brian MacDonald was not available to comment on the fund-raise.The company’s leading drug [...]

British orthopedic giant Smith & Nephew plc (NYSE:SNN) announced an ambitious plan to realign the entire company to focus growth on the emerging markets of Brazil, Russia, India and China, while creating a more streamlined operation in its existing markets.Bouhon said the moves will be made with the intention of growing the [...]

Stryker Corp.’s (NYSE:SYK) coffers look significantly thinner these days, after the company blew through about 71 percent of its cash and cash equivalents during the first half of 2011 on acquisitions.The Kalamazoo, Mich.-based medical device maker, which started out 2011 with $1.76 billion in cash and cash equivalents now has just [...]