Don’t take advice from failed companies that don’t know why they are failing.
The President of ZimVie Spine, recently conducted a Q&A session with MedTechDive, prompting me to ponder why anyone would take ZimVie’s advice seriously?. ZimVie’s track record in the spine...
View ArticleWhen hiring goes wrong: the hidden cost of making a bad hire.
Ortho companies make bad hires every day. Often, the interviewee that they see during the process is not the person that they get. Or maybe the person is good, but just doesn’t fit in with the team. So...
View ArticleNavigating the financial turbulence in MedTech
5 financial challenges facing the medtech sector (MedTechDive) As medical device leaders gather this week at AdvaMed’s annual Medtech Conference, several questions loom over the industry. After years...
View ArticleJ&J to restructure DePuy-Synthes
The company announced the two-year restructuring in its third-quarter earnings call. It expects the changes to accelerate growth and enhance profitability, CFO Joe Wolk said. Orthopaedics restructuring...
View ArticleXtant acquires of nanOss from RTI Surgical for $2M plus earnouts.
Expands Xtant’s Manufacturing Capabilities and Capacity to Drive Growth Xtant Medical Holdings, Inc. (NYSE American: XTNT), a global medical technology company focused on surgical solutions for the...
View ArticleAvail MedSystems, a darling medtech startup that rose during Covid,...
Wow! This is a big one! This as a big casualty as a result of runaway expenses and lack of focus. Once again, too much money, not enough focus. Avail Medsystems was a company founded in 2017 that...
View ArticleThoughts on the Treace Medical Concepts correction.
Earlier this year I wrote about all the things that Treace is doing right here – Stepping into the future: How Treace Medical Concepts is revolutionizing F&A surgery with a relentless culture....
View ArticleS+N acquires CartiHeal for $330M.
If you recall in 2022, Bioventus planned to acquire CartiHeal for $450M (4X sales), but Bioventus spit them out – “Not so fast… Bioventus backs out of CartiHeal acquisition for $450M (4.5 X sales)“ Key...
View ArticleHOPCo acquires the digital health platform, MyACTome
HOPCo Partners with Future Health Works to Acquire Musculoskeletal Patient Engagement and Outcomes Tracking Platform (press release) HOPCo (Healthcare Outcomes Performance Company), the leader in...
View ArticleMarc Viscogliosi demystifies raising capital on BoneChat.
Early-Stage Investors: Seed and Angel Funding “Kind of when we first think about who are the earliest investors in companies, these are seed and angel investors. They generally help with first...
View ArticleZimmer finally gives up on the spine business entirely.
Zimmer is a world-class total joint company that has tried to diversify into spine over and over again… and failed. Hindsight says that they should have focused on joints. Let’s look at the history of...
View ArticleStryker acquires French joint company for their Dual Mobility Cup
website – https://www.serf.fr/en/ Stryker to acquire joint replacement company SERF SAS (MassDevice) Stryker (NYSE: SYK)+ announced today that it executed a binding offer to acquire SERF SAS, a...
View ArticleHenry Schein enters the Extremities space with investments in both TriMed and...
Henry Schein Enters Extremity Segment of Orthopedic Market Agrees to Acquire a Majority Interest in TriMed, Forms Strategic Relationship With Extremity Medical LLC Creates Platform to Establish...
View ArticleFriction
Friction may be the most underrated concept in creating a sustainable profitable orthopedic business. In a previous “push-versus-pull” article I have touched on the concept of friction – The startup...
View Article2024 startup trends in the post-ZIRP era.
ZIRP is the zero interest rate policy that has been the primary philosophy of US Central Bank since 2008. ZIRP has disappeared now and the more expensive capital markets have had drag on orthopedic...
View ArticleOrthoPediatrics acquires a distressed Boston Orthotics & Prosthetics for $22M
websites – https://www.bostonoandp.com/ and https://www.orthopediatrics.com/ Tiger’s Initial Thoughts Orthopediatrics (OP) has acquired another “dog” using financial leverage and they will not be able...
View ArticleSpine is dead!
I am officially announcing that Spine has reached its saturation point. There are the natural technology cycles in orthopedics. Once one area becomes saturated with too many players and too many...
View ArticleHow to Become Wealthy Working in the Orthopedic Industry
General advice, but very valuable advice. The orthopedic industry, with its constant advancements and high demand, presents a lucrative opportunity for wealth creation for many people. Example – meet...
View ArticleThe 5 seasons of the orthopedic sales rep.
In your 20’s – “Greatest job in history. I am so lucky!” In your 30’s – “Trading up to different manufacturers and product lines to find bigger earning potential.” In your 40’s – “I am in my highest...
View ArticleWorking blindfolded: Do you know the financial health of your company?
There is a recent trend where good people have found themselves in ortho companies with poor financial health. Often they are blind-sided with a RIF, or asset sale of the company, or an acquisition of...
View ArticleZombie spine company of the week.
Congrats to Spineway ! Spineway was founded in 2005 in Lyon France. Spineway is typical of hundreds of “me-too” spine companies that have no chance of success, ever. They have no financial leverage...
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