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LEESBURG, Va.–(BUSINESS WIRE)–K2M, Inc. (“K2M” or the “Company”), a spinal device company developing innovative solutions for the treatment of complex spinal pathologies, and Welsh, Carson, Anderson & Stowe (“Welsh Carson”), a leading private equity firm, have entered into a transaction in which Welsh Carson will acquire the outstanding stock and become the majority shareholder of K2M, along with longtime K2M investor, Ferrer Freeman & Co., and K2M’s management. More »

CLEVELAND, June 30 /PRNewswire/ — RSB Spine, LLC, a medical device company focused on developing unique modular fusion products for surgical treatment of degenerative disc disease, today announced a 50% sales increase for the second quarter of 2010 versus second quarter 2009, and a 27% increase sequentially. Additionally, the company reported record sales for the month of June. More »

WARSAW, Ind.–(BUSINESS WIRE)–Biomet, Inc. announced today fourth quarter and fiscal year 2010 preliminary net sales results for the year ended May 31, 2010.

“We were happy to end a solid year with a strong sales quarter. We look forward to sharing our fourth quarter and full fiscal year results on July 13th.” More »

MINNEAPOLIS, Medtronic, Inc. (NYSE:MDT), announced that it has begun posting annual physician payments exceeding $5,000 on its company website. In addition, the company has adopted a series of new steps aimed to standardize and enhance its internal processes and procedures related to physician collaboration and compensation.
The actions follow on the company’s commitment in February 2009 to the voluntary disclosure of physician-services compensation on a quarterly basis beginning this spring, and its leadership in helping develop the trade industry’s AdvaMed Code of Ethics from 2002-2004, along with its support for the federal Physician Payments Sunshine Act, a version of which was enacted as part of the Health Care Reform Law. More »