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Supports and enhances expansion of lower limb continuum of care product portfolio

Innovative instrumentation and versatility may reduce OR time

NEW YORK–(HSMN NewsFeed)–Small Bone Innovations, Inc. (SBi), a leading, privately-held orthopedics company focused exclusively on technologies and treatments for the small bones & joints, announced that it has received 510(k) pre-market clearance notifications from the U.S. Food and Drug Administration (FDA) for Mini-Rail Fixation System (‘Mini-Rail System’) and large Cannulated Screw System for use in lower limb reconstruction and repair procedures. (more…)

ScienceDaily (Feb. 24, 2010) — Researchers at UTHealth have demonstrated in rats that transplanting genetically modified adult stem cells into an injured spinal cord can help restore the electrical pathways associated with movement. The results are published in the Feb. 24 issue of the Journal of Neuroscience. (more…)

ARLINGTON, Tenn.–(BUSINESS WIRE)–Wright Medical Group, Inc. (NASDAQ: WMGI – News), a global orthopaedic medical device company and a leading provider of surgical solutions for the foot and ankle market, today reported financial results for its fourth quarter ended December 31, 2009. (more…)

West Chester (PA), USA, February 17, 2010

Synthes (SIX: SYST.VX) announced today its Fourth Quarter and Full Year 2009 financial results.

Full Year 2009
Consolidated sales of US$ 3,394.7 million increased 6.3% (8.9% in local currency [LC]) vs. prior year (PY)
Net earnings of US$ 824.0 million (+12.6% in LC) exceeded sales growth
Operating expenses as a percentage of sales (in LC) decreased by 80 bps mainly due to ongoing productivity gains
Income tax rate decreased by 1.7 pps to 28.6% due to continued tax planning efforts
Free cash flow generation of US$ 737.6 million, was 48.8% higher (in LC) vs. PY, resulting in a record cash balance of US$ 1,419.2 million (63% growth vs. PY)
Fourth Quarter 2009 (more…)