Methodist Le Bonheur Germantown Hospital will hold a stroke survivor group meeting Tuesday, June 4, at 5 p.m. in suite 250 of Medical Office Building A, 7655 Poplar Ave. Stroke survivors will discuss caregiving issues; partners and family will discuss time and stress management. Call 516-6929.

2. Events - Saturday, June 01, 2013

The Daily News will host its Money and Markets: State of the Economy seminar and panel discussion Thursday, June 6, at 3:30 p.m. in the Memphis Brooks Museum of Art auditorium, 1934 Poplar Ave. Craig Dismuke, senior vice president and chief economic strategist at Vining Sparks IBG, will present the keynote. Cost is $25. Visit seminars.memphisdailynews.com.

3. Events - Monday, June 03, 2013

West Tennessee Historical Society will meet Monday, June 3, at 7 p.m. in the Wunderlich Auditorium at Memphis University School, 6191 Park Ave. Joe V. Lowry will present “Memphis: Going Through Changes, 1890-1929.” Visit wths-tn.org.

4. Wright Joins Magna Bank as Senior Vice President - Wednesday, April 24, 2013

Andy Wright has joined Memphis-based Magna Bank as senior vice president and manager of commercial banking. Wright, who previously held senior vice president positions at Iberiabank and First Tennessee Bank, has experience working with a variety of industries, with in-depth expertise in the transportation and logistics industries.

5. Taxing Decision - Saturday, March 30, 2013

Local medical device manufacturers like Smith & Nephew, Medtronic Inc. and Wright Medical Group Inc. are crossing their fingers that Congress will follow through on a repeal of the 2.3 percent medical device excise tax enacted in January.

6. Shortages Impact Compounding Pharmacies - Wednesday, March 27, 2013

In recent years, the U.S. Food and Drug Administration has reported an increase in the number of drug shortages and discontinuations.

The number of drug shortages reported to the FDA gained 41 percent to 251 shortages in 2011, compared to 178 shortages reported in 2010. The agency says it continues to see an increasing number of shortages, including drugs used to treat cancer, anesthetics used for patients undergoing surgery, drugs needed for emergency medicine and injectable drugs. The FDA also has reported a spike in the number of medications that have been discontinued.

7. Towns Named to Southern College of Optometry Board - Wednesday, December 19, 2012

Leticia “Tish” Towns, senior vice president of external relations for the Regional Medical Center at Memphis, has been named to the Southern College of Optometry board of trustees. Among her duties at The MED, Towns oversees the development of the hospital’s strategic plan and manages marketing and communications, community engagement, the Traumatic Brain Injury program, government relations and pastoral care.

8. Wright Medical to Buy BioMimetic for $190 Million - Monday, November 19, 2012

Medical device maker Wright Medical Group Inc. plans to buy BioMimetic Therapeutics Inc. in a $190 million cash-and-stock deal to help grow its foot and ankle business.

9. Excise Tax Looms for Local Device Companies - Monday, October 15, 2012

A new excise tax will be levied on medical devices beginning Jan. 1, and the impact will be significant for medical device companies with a Memphis presence.

Large players like Wright Medical Technology Inc. and fledgling outfits like Arrowhead Medical Device Technologies Inc. are preparing for the 2.3 percent pinch on each device sold in the U.S., including pacemakers and stents, defibrillators, artificial joints, chemotherapy delivery systems, surgical tools and X-ray machines.

10. Packed Week for Entrepreneurs Draws to Close - Friday, August 17, 2012

The week that’s now drawing to a close is Exhibit A for why a national tech media site co-founder said he and his partner are relocating their operation to Memphis.

Nibletz.com co-founder Kyle Sandler said other cities made strong offers – some of them even willing to pony up more incentives than could be matched by Memphis entities wooing Nibletz, which bills itself as “the voice of startups everywhere else.” But Sandler said he wants to be where the action is, and as he sees it, the entrepreneurial and startup action is in Memphis.

11. Wright Medical Profit Drops in Q2 - Friday, August 03, 2012

Wright Medical Group Inc. earned a second-quarter profit of $0.7 million, or $0.02 per diluted share, down from $6.1 million or $0.16 per diluted share in Q2 2011, the global orthopedic medical device maker reported Wednesday, Aug. 1.

12. Shakeup Could Impact Wright’s Q2 - Wednesday, August 01, 2012

Wright Medical Group Inc. over the last two years has seen its fair share of restructuring, and some analysts anticipate that realignment, coupled with sales dislocations and customer losses, will likely result in some short-term pain surrounding the company’s Q2 reported earnings.

13. Magna Bank Taps Stewart To Lead SBA Division - Wednesday, July 25, 2012

Tom Stewart has been named senior vice president and manager of the small business administration division at Magna Bank. Since joining Magna in March, Stewart has led the bank in obtaining national preferred lending provider status. In his new role, Stewart will oversee all business development activities for the Mid-South along with portfolio management and loan servicing.

14. Wright Q1 Sales, Earnings Decline - Thursday, May 03, 2012

Wright Medical Group Inc. Tuesday, May 1, reported its adjusted net income declined 9 percent to $8.6 million for the first quarter of 2012 from $9.4 million in Q1 2011, while diluted earnings per share, as adjusted, decreased 8 percent to $0.22 in Q1 from $0.24 in Q1 2011.

15. Wright Medical Q1 Income, Sales Decline - Wednesday, May 02, 2012

Wright Medical Group Inc. Tuesday, May 1, reported its adjusted net income declined 9 percent to $8.6 million for the first quarter of 2012 from $9.4 million in Q1 2011, while diluted earnings per share, as adjusted, decreased 8 percent to $0.22 in Q1 from $0.24 in Q1 2011.

16. Performance Of Memphis Public Cos. Varies Widely - Monday, April 16, 2012

Memphis is home to several publicly traded companies that have made an indelible mark on industries ranging from transportation to finance and manufacturing.

Here’s a snapshot of how those companies are faring at the moment. (For a detailed look at AutoZone, see related story, "The Fast Lane.")

17. Wright Medical Q4 Net Sales Fall 8 Pct. - Monday, February 27, 2012

Wright Medical Group Inc. reported its net sales fell 8 percent to $126.9 million in the fourth quarter, compared to $138.3 million during the same period in 2010.

18. Wright Medical Q4 Net Sales Fall 8 Percent - Friday, February 24, 2012

Wright Medical Group Inc. reported net sales fell 8 percent to $126.9 million in the fourth quarter of 2011, compared to $138.3 million during the same period in 2010.

19. Wright Medical Q4 Net Sales Fall 8 Percent - Thursday, February 23, 2012

Wright Medical Group Inc. reported net sales fell 8 percent to $126.9 million in the fourth quarter of 2011, compared to $138.3 million during the same period in 2010.

The Arlington-based orthopedic medical device company said U.S. sales in Q4 were negatively impacted by distributor transitions that occurred in Q3, as well as challenges associated with implementing enhancements to the company’s compliance processes.

20. Wright Medical Unveils Pre-Op Ortho Product - Wednesday, February 08, 2012

Wright Medical Group Inc. on Tuesday, Feb. 7, announced the 510(k) clearance and limited launch of its Prophecy Inbone Pre-Operative Navigation Alignment Guides for total ankle replacement.

21. Fees Part of Device Industry Transparency - Wednesday, February 08, 2012

The U.S. Food and Drug Administration’s recent preliminary agreement to work toward more predictable, transparent reviews of new medical implants in exchange for doubling user fees for manufacturers could help stabilize the beleaguered medical device industry.

22. Wright Medical Hires New SVP - Wednesday, February 01, 2012

Less than a month after Wright Medical Group Inc.’s former Senior Vice President Frank Bono filed a complaint in Shelby County Chancery Court against his former employer, the Arlington-based orthopedic medical device company has named Daniel Garen its new senior vice president and chief compliance officer.

23. Inconclusive Prognosis - Wednesday, December 28, 2011

It was a mixed year of highs and lows for the Memphis area health care industry – which employs one out of seven workers locally – as the nation’s uncertain economy and changing health care system prompted hospital networks and biotech companies to realign, restructure and rethink the way they operate.

24. Wright Medical to Present at Healthcare Conference - Thursday, December 08, 2011

Arlington-based Wright Medical Group Inc. will participate in the 22nd annual Oppenheimer Healthcare Conference Tuesday, Dec. 13, in New York City.

25. Wright’s Q3 Net Sales Drop 3 Pct. - Thursday, November 03, 2011

Arlington-based medical device maker Wright Medical Group Inc. has reported a 3 percent decrease in net sales for the third quarter, citing distributor changes and challenges connected to implementing enhancements to the company’s compliance processes.

26. Wright Medical Names Tracy Senior Vice Prez - Wednesday, October 19, 2011

Wright Medical Group Inc. has announced Julie D. Tracy has been named senior vice president and chief communications officer of the Arlington-based orthopedic medical device company. Her appointment takes effect immediately.

27. Wright Medical Names New CEO - Tuesday, September 20, 2011

Just days after Wright Medical Group Inc. announced it would cut its workforce by 6 percent, the Arlington-based maker of orthopedic medical devices on Monday, Sept. 19, announced Robert J. Palmisano will serve as its new president and CEO.

28. Wright Medical Names New CEO - Monday, September 19, 2011

Wright Medical Group Inc. on Monday announced Robert J. Palmisano will serve as the new president and CEO of the Arlington, Tenn.-based maker of orthopedic medical devices. The appointment by the company’s board went into effect Saturday, Sept. 17.

29. Wright Medical Cutting About 80 Employees - Friday, September 16, 2011

Arlington-based Wright Medical Group Inc. plans to cut its workforce by 6 percent, or about 80 employees.

30. Wright Medical Cutting About 80 Employees - Thursday, September 15, 2011

Arlington-based Wright Medical Group Inc. plans to cut its workforce by 6 percent, or about 80 employees.

31. Wright’s Compliance Officer Resigns - Tuesday, August 23, 2011

Another top executive has resigned from Wright Medical Group Inc. Vice president and chief compliance officer Lisa L. Michels resigned from the company Tuesday, Aug. 16, according to a U.S. Securities and Exchange Commission filing signed Friday, Aug. 19, by Wright Medical Interim CEO David Stevens.

32. ‘Business Friendly’ - Tuesday, August 16, 2011

Growth is the buzzword in Bartlett and Northeast Shelby County, where the Bartlett Area Chamber of Commerce is in the midst of the second phase of a comprehensive economic development strategy zeroing in on four growth industries.

33. Wright Medical’s Q2 Net Sales Up 4 Percent - Monday, August 01, 2011

Wright Medical Group Inc., an Arlington-based global orthopedic medical device manufacturer, on Thursday, July 28, reported its net sales had risen 4 percent in the second quarter, totaling $132.5 million as compared to $127.7 million during the second quarter of 2010.

34. Wright Medical's Q2 Net Sales Up 4 Percent - Friday, July 29, 2011

Wright Medical Group Inc., an Arlington-based global orthopedic medical device manufacturer, on Thursday, July 28 reported its net sales had risen 4 percent in the second quarter, totaling $132.5 million as compared to $127.7 million during the second quarter of 2010.

35. DeVivo Departure Signals Shift at Smith & Nephew - Wednesday, July 27, 2011

Smith & Nephew Inc. said its Memphis-based president of Orthopaedic Reconstruction and Trauma will soon leave the company as part of an organizational restructuring that will combine the company’s Memphis and Andover, Mass., divisions.

36. Wright Medical Announces ArthroCare Distribution Deal - Friday, July 15, 2011

Wright Medical Group Inc. has announced a supply and distribution agreement with ArthroCare Corp., an orthopedic sports medicine company.

37. Wright Medical Receives Justice Dept. Notice - Friday, May 06, 2011

Wright Medical Group Inc. on Thursday announced that it received a letter from the United States Attorney’s Office for the District of New Jersey pursuant to Paragraph 50 of the Deferred Prosecution Agreement stating that the USAO believes Wright Medical Group knowingly and willfully breached material provisions of the DPA.

38. Wright Medical Reports Earnings, Resignation of 3 Execs - Thursday, May 05, 2011

As Wright Medical Group Inc. Wednesday reported its net sales had increased 3 percent to $135.4 million in the first quarter of 2011 up from $131.2 million for the same period last year, the company also announced three of its executives have resigned effective immediately.

39. Stevens Replaces Henley as Wright President, CEO - Wednesday, April 06, 2011

Wright Medical Group Inc. announced Tuesday its board has appointed Chairman David D. Stevens as interim president and CEO, effective immediately.

40. Stevens Replaces Henley as Wright Medical President, CEO - Tuesday, April 05, 2011

Wright Medical Group Inc. announced Tuesday that its board of directors has appointed Chairman David D. Stevens as interim president and chief executive officer, effective immediately.

41. Events - Monday, April 04, 2011

The April 4th Foundation will hold its 11th Annual Commemorative Awards Banquet Monday at 6:30 p.m. at the Cook Convention Center, 255 N. Main St. Civil rights activist Charles Patrick will receive the Open Door Award. The I Am A Man award recipient and keynote speaker will be Rev. Dr. Jeremiah Wright. For more information or tickets, call 859-3364.

42. Haslam Says $10M Research Funding an ‘Investment’ - Monday, March 21, 2011

University of Memphis president Dr. Shirley Raines couldn’t have picked a more ironic time to lose her voice last week.

43. Research Consortium Tops Haslam’s Memphis Visit - Wednesday, March 16, 2011

With his first state of the state address delivered to the Tennessee Legislature Monday, Gov. Bill Haslam now takes the message on the road this week with a series of stops including one Thursday on the University of Memphis campus.

44. Study: Women Underrepresented in Big Tenn. Firms - Wednesday, February 23, 2011

NASHVILLE (AP) – A study has found that women remain underrepresented in corporate leadership posts at publicly traded companies in Tennessee.

The report found that more than 91 percent of the 617 corporate directors were men at a time when women made up 48 percent of the Tennessee work force. Of the 72 public corporations, 46 percent had no women directors.

45. Wright Medical Posts Strong Fourth Quarter Sales, Income - Monday, February 14, 2011

Wright Medical Group, Inc. Thursday reported increased net sales and net income for the fourth quarter ended Dec. 31.

46. Wright Medical Posts Strong Fourth Quarter Sales, Income - Friday, February 11, 2011

Wright Medical Group, Inc. Thursday reported increased net sales and net income for the fourth quarter ended Dec. 31.

47. Medical Impact - Monday, January 24, 2011

The Medical Education & Research Institute has evolved into one of the elite medical training facilities in the country. The center’s list of faculty and students reads like a “Who’s Who” of medicine from all over the world.

48. Smith & Nephew Rumors Continue to Swirl - Friday, January 21, 2011

Despite Smith & Nephew’s attempts to quash rampant rumors that it’s being targeted for takeover, Wall Street seems to be sticking with the maxim that where there’s smoke, there’s fire.

49. Healthy Industry - Monday, November 22, 2010

Throughout a prolonged recession and anemic recovery, hospitals and health care companies have given Memphis a powerful antidote to an ailing economy.

They have invested more than a billion dollars in new construction and equipment, expanded operations and kept tens of thousands of people working.

50. Wright Medical Resolves Litigation in France - Friday, November 19, 2010

Wright Medical Group Inc. has settled all litigation with its former employees in Toulon, France.

The former employees filed claims to challenge the economic justification for their dismissal following the closure of the company’s facility in Toulon.

51. Wright Medical to Expand Via Acquisition - Monday, November 01, 2010

Wright Medical Group Inc. will look to acquire smaller companies and buy the rights to new technologies as part of its growth strategy.

52. Wright Medical Sales, Earnings Rise - Friday, October 29, 2010

Arlington-based Wright Medical Group Inc. on Thursday said it had sales of $121.7 million during its third quarter, a 3 percent increase over the same period a year ago.

53. Omni Visions Deal Headlines Leasing Activity - Friday, October 29, 2010

Omni Visions Inc. recently signed a new lease at Kirby Gate Business Campus, 2725 Kirby Parkway, for 3,523 square feet.

54. Wright Medical Launches PTO-STIM Injectable Graft - Monday, October 25, 2010

Wright Medical Group Inc. has announced the full commercial launch of a new bone graft product, PRO-STIM.

55. Department of Defense Funds Wright Product Study - Wednesday, October 06, 2010

Wright Medical Group Inc. has been awarded a $2.4 million grant from the U.S. Department of Defense to fund a clinical study of a bone graft substitute product.

56. Wright Latest Orthopedic Firm Hit by Probe - Monday, October 04, 2010

The agreement between Wright Medical Group Inc. and the U.S. Justice Department that allowed the company to avoid prosecution for allegedly violating the federal kickback statute is the latest run in a series of scandals that has touched all three of the city’s big orthopedic firms.

57. Analyst Downgrades Wright Medical to 'Neutral' - Monday, October 04, 2010

NEW YORK (AP) — A Robert W. Baird & Co. analyst said Friday orthopedic product makers will face sales and reimbursement pressure over the next several quarters.

58. Wright Settles Federal Probe - Friday, October 01, 2010

Arlington-based Wright Medical Group Inc. announced Thursday afternoon it will pay $7.9 million to the federal government and set up an independent monitor of its consulting arrangements with orthopedic surgeons.

59. Database Threat to Device Industry - Friday, September 03, 2010

Memphis orthopedics jobs could be lost to foreign competitors if they lift proprietary information about medical devices from a public database proposed by the U.S. Food and Drug Administration.

AdvaMed, the association that represents medical device companies, has raised the flag about this concern and is asking the FDA to extend the public comment period on the proposed requirement and other regulatory changes.

60. Mercer Capital Promotes Heinz to Senior VP - Wednesday, August 25, 2010

Nicholas J. Heinz has been promoted to senior vice president at Mercer Capital. Heinz joined Mercer Capital in 2000 and is a senior member of the Mercer’s investment banking corporate valuation division.

61. FDA Proposals Could Affect Memphis Medical Companies - Thursday, August 05, 2010

Memphis medical device companies are closely looking at new recommendations released late Tuesday by the U.S. Food and Drug Administration that affect the approval track for many of their products.

62. Wright Medical Doubles Earnings - Wednesday, August 04, 2010

Wright Medical Group Inc. had sales of $131.2 million during the first quarter of 2010, a 9 percent increase over the same period a year ago.

63. Wright Doubles Earnings From Year Ago - Tuesday, August 03, 2010

Wright Medical Group Inc. had sales of $131.2 million during the first quarter of 2010, a 9 percent increase over the same period a year ago.

64. Fulbright-Dent Joins First Tennessee Team - Wednesday, June 16, 2010

Moya Fulbright-Dent has been named to the First Tennessee Bank private client team.

Hometown: Hot Springs, Ark.
Education: B.S. in finance, University of Memphis; MBA, Union University
Work Experience: Eight years at American Express Financial Advisors; six and a half years in banking, five at First Tennessee
Family: Husband and college sweetheart, Daniel; and two-year-old son, Colin.
Favorite quote: “Hope is the thing with feathers that perches in the soul – and sings the tunes without the words – and never stops at all.” – Emily Dickinson
Who has had the greatest influence on you? The two people who have influenced me most are my mother and my first boss, Harish Vishria. By example, my mom instilled a work ethic, mental toughness and positive attitude that has gotten me through every experience in my life. (Vishria) taught me the difference between a dream and a goal and gave me the ability to teach others how to achieve their dreams by setting goals.
Why did you pursue a career in financial services? As a child, I saw firsthand the difference asset management can make in not only one person’s life but that of a whole multigenerational family. When I was about 10 years old, two older family members passed away. I learned at that early age how difficult it can be to struggle with the emotional and financial challenges that can come with a loss in a family. I saw then how important it is to be prepared for life’s uncertainties so that one can make the right choices.
What do you consider your greatest professional accomplishments? I consider the everyday difference I am able to make in my clients’ lives my greatest accomplishment.
What do you most enjoy about your work? Each person’s financial situation is different. When I chose to major in business instead of art or literature, I thought I was giving up the chance to use my creativity. I have found that developing a plan for an individual, a family, or a business takes just as much creativity as writing a novel or painting a picture.

65. Wright Launches Skin Graft Product - Friday, June 11, 2010

Wright Medical Group Inc. of Arlington has announced the commercial launch of XPANSION Micrografting System.

66. Wright Reports Results on Rotator Cuff Product - Wednesday, June 09, 2010

Wright Medical Group Inc. said this week a clinical study showed that rotator cuff repairs augmented with Wright’s GRAFTJACKET Matrix were intact in 84 percent of patients, while only 46 percent of those in the control group were intact when measured by MRI.

67. Wright Medical Launches Foot Device - Monday, June 07, 2010

Arlington-based Wright Medical Group Inc. has announced the full launch of the Valor Hindfoot Fusion Nail.

68. Wright Medical Group Names Senior Vice President - Tuesday, June 01, 2010

Wright Medical Group Inc. has named Raymond C. Kolls to be the company’s senior vice president, general counsel and secretary.

69. Wright Medical Files Permit For Arlington Distribution Center - Tuesday, May 11, 2010

11481 Gulf Stream Ave.
Arlington, TN 38002
Permit Amount: $2.2 Million

Project Cost: N/A
Permit Date: Applied May 2010
Completion: N/A
Owner: Wright Medical Group Inc.
Tenant: Wright Medical Group Inc.
Contractor: N/A
Architect: N/A

70. Orthopedic Firms Defend Metal-on-Metal Hip Devices - Friday, May 07, 2010

Memphis manufacturers of hip implants began touting the safety records of their products this week because of a spate of recent news reports about complications with “metal-on-metal” bearings.

An editorial in the January edition of The Journal of Arthroplasty titled “Metal on Metal: Is It Worth the Risk” was followed by a March 3 article in The New York Times. A few days later, the newspaper reported DePuy Orthopaedics, which is based in Warsaw, Ind., had warned doctors that its ASR metal-on-metal appeared to have a high failure rate.

71. Wright Medical Files $2.2 Million Permit - Thursday, May 06, 2010

Wright Medical Group Inc. has filed a $2.2 million building permit with the city-county Office of Construction Code Enforcement to renovate its recently acquired building at 11481 Gulf Stream Ave. near its Arlington campus.

72. Wright Medical Reports 9 Percent Sales Increase - Tuesday, May 04, 2010

Wright Medical Group Inc. had sales of $131.2 million during the first quarter of 2010, a 9 percent increase over the same period a year ago.

73. Orthopedic Forum Returns To Memphis - Wednesday, April 28, 2010

The Orthopedic Design & Technology Forum is well on its way to becoming an annual event for Memphis.

The forum returns Wednesday to the FedEx Institute of Technology at the University of Memphis for the second year. The New Jersey-based industry magazine Orthopedic Design & Technology launched the forum in Memphis in addition to the annual conference and exhibition it hosts in Fort Wayne, Ind.

74. Savage Spreads Word Of Women’s Role in Engineering - Friday, April 09, 2010

A high school aptitude test told Heather Savage she should become a secretary, but she set her sights a little higher.

75. Baker Donelson Sends Startups Back to Basic Training - Thursday, April 08, 2010

Startup and portfolio companies have been invited to attend an “Emerging Company Boot Camp” today at Baker, Donelson, Bearman, Caldwell & Berkowitz PC.

By bringing together individuals from the legal, accounting, human resources and insurance industries, the firm hopes to help people who are starting their own businesses.

76. Rainey Kizer Names Waddell Partner - Wednesday, March 24, 2010

Amanda C. Waddell has been named a partner at Rainey, Kizer, Reviere & Bell PLC. Waddell’s practice is concentrated in the areas of medical malpractice, auto liability and insurance coverage.

77. Colvett Named Greenscape President - Wednesday, March 17, 2010

Frank Colvett Jr. has been promoted to president of GreenScape Inc.

Colvett previously was executive vice president and corporate treasurer. He has been at GreenScape since 1992 and has served in various capacities including project manager, estimator and vice president of marketing.

78. SEC Ends Probe Of Wright Medical - Wednesday, March 10, 2010

The U.S. Securities and Exchange Commission has completed its investigation of Wright Medical Group and plans to take no action against the Arlington-based manufacturer of orthopedic devices, according to a filing the company made with the SEC.

79. Noel Becomes ABA Delegate From Tennessee - Wednesday, March 10, 2010

Randall D. Noel has been elected as the Tennessee delegate to the American Bar Association’s House of Delegates.

Noel is a member of Butler, Snow, O’Mara, Stevens & Cannada PLLC’s Commercial Litigation Group. Noel is a Fellow of the American, Tennessee and Memphis Bar Foundations and has served as president of the Tennessee Bar Association.

80. New FDA Rules Could Tighten Medical Device Pipeline - Wednesday, February 24, 2010

Memphis makers of medical devices are keeping a close watch on the U.S. Food and Drug Administration as it considers tightening the rules that allow a faster approval track for some products.

For almost 35 years, “substantial equivalency” has been the test for what is known as 510k approval. If a product is similar enough to one already on the market and proven to be safe, it can gain approval without clinical trials.

81. Wright Medical Reports Earnings Rise - Monday, February 22, 2010

Arlington-based Wright Medical Group Inc. has reported a profit for its fourth quarter ended Dec. 31.

82. The Business of Law - Monday, February 15, 2010

As many sectors of the economy slowly sputter back to life, the state of the legal industry is often overlooked in economic reports. This trend can be surprising because law firms and corporate legal departments provide the advice and representation necessary for many different kinds of businesses to move forward with their recovery.

83. Wright Medical Wins Patent Dispute Case - Wednesday, December 02, 2009

Arlington-based Wright Medical Group Inc. has received a favorable ruling in a patent dispute case in U.S. District Court in New Jersey.

84. Health Care Legislation Could Affect Local Medical Industry - Wednesday, December 02, 2009

Medical device makers will pick up a $20 billion tab to help cover the cost of insuring more Americans under legislation pending in Congress to overhaul the health care system.

That’s half of what was originally proposed in the bill put forth by Senate Majority Leader Harry Reid, D-Nev. Even so, industry executives are keeping a close watch on the legislation. It could have an impact on the Memphis economy where thousands of people work for Medtronic Inc., Smith & Nephew, Wright Medical Group Inc. and several smaller companies that manufacture orthopedic products and other medical devices.

85. Proposed Fees Reduced For Medical Device Industry - Monday, November 23, 2009

The U.S. Senate’s decision to revise proposed fees on the medical device industry to help fund expanded health care coverage for Americans is welcome news for Medtronic Inc.

86. Wright Medical Group Launches Ankle Product - Friday, November 20, 2009

Arlington-based Wright Medical Group Inc. has released the Valor Ankle Fusion Nail.

The product is for people requiring fusion of the ankle joint because of conditions such as arthritis, skeletal deformity and diabetes. The system fuses three bones in the foot and ankle: the calcaneus (heel bone), the talus (ankle bone) and tibia (larger of the two leg bones).

87. Wright Medical Names New CFO - Wednesday, November 18, 2009

Lance A. Berry will replace John K. Bakewell as chief financial officer of Arlington-based Wright Medical Group Inc. Dec. 11 when Bakewell will leave to take a position with another company.

88. Wright Medical, Medtronic Launch New Products - Thursday, November 12, 2009

Two of the leading corporations in the Memphis orthopedics industry have announced new products this week.

Medtronic Inc. said on Wednesday it had begun the full U.S. market release of a new scaffolding product for the spine, two days after Wright Medical Group Inc. announced federal regulatory approval for a total hip resurfacing system.

89. FDA Approves Hip System For Wright Medical Group - Tuesday, November 10, 2009

Wright Medical Group Inc. reported Monday that the U.S. Food and Drug Administration has given the company the go-ahead to begin marketing the Conserve Plus Total Hip Resurfacing System.

90. Wright Medical Buys Arlington Bldg. For Distribution Needs - Tuesday, November 10, 2009

11481 Gulf Stream Ave.
Arlington, TN 38002
Sale Amount: $1.6 Million

Sale Date: Oct. 29, 2009
Buyer: Wright Medical Technology Inc.
Seller: Covington Furniture Manufacturing Co.
Details:  Wright Medical Group Inc. has bought a 56,340-square-foot building at 11481 Gulf Stream Ave. near its Arlington campus to increase distribution capacity. Operating in the transaction as Wright Medical Technology Inc., the company paid $1.6 million for the building, which was completed in 1973 and sits on 4.29 acres near the intersection of Tenn. 385 and U.S. 70.

91. Wright Buys Warehouse For Distribution Needs - Friday, November 06, 2009

Wright Medical Group Inc. has bought a 56,340-square-foot building at 11481 Gulf Stream Ave. near its Arlington campus to increase distribution capacity. Operating in the transaction as Wright Medical Technology Inc., the company paid $1.6 million for the building, which was completed in 1973 and sits on 4.29 acres at near the intersection of Tenn. 385 and U.S. 70.

92. Wright Medical Group Reports Improved Sales - Friday, October 30, 2009

Demand for foot and ankle devices spurred Wright Medical Group Inc. sales to a higher-than-expected level for the third quarter, the company reported today.

93. Taking Off - Tuesday, October 13, 2009

Aviators attain flight and control the movements of their aircraft by precisely balancing the forces of lift, thrust, drag and gravity. The people piloting the aerotropolis initiative – the promotion of Memphis’ economy focused on the airport, other transportation assets and the connectivity among them – are negotiating their own set of physics in hopes of becoming airborne.

94. Taking Off - Monday, October 12, 2009

Aviators attain flight and control the movements of their aircraft by precisely balancing the forces of lift, thrust, drag and gravity. The people piloting the aerotropolis initiative – the promotion of Memphis’ economy focused on the airport, other transportation assets and the connectivity among them – are negotiating their own set of physics in hopes of becoming airborne.

95. Researchers Discover Each Other At Bioworks Lectures - Wednesday, September 23, 2009

Researchers from throughout Memphis are increasingly stepping outside the walls of their institutions to share knowledge about medical mysteries and biotechnology innovations through networking events.

96. Wright Medical Opens Subsidiary in Australia - Tuesday, September 22, 2009

Wright Medical Group, an orthopedic medical device company based in Arlington, has launched a new subsidiary in Australia.

The new entity, Wright Medical Australia Pty LTD, will manage all of the company’s extremity and biologics distribution for customers in Australia and New Zealand. Wright already has eight other foreign subsidiaries.

97. Wright Gains FDA Nod for Trials of Bone Graft Product - Tuesday, September 15, 2009

Wright Medical Group Inc. is a step closer to full market launch of a new biologics product to promote bone growth.

98. Wright Medical Group Launches Ankle Product - Friday, September 11, 2009

Arlington-based Wright Medical Group Inc. on Thursday announced the launch of Ortholoc polyaxial locked plating system for surgical treatment of foot and ankle fractures.

99. Wright Launches New Foot Product - Wednesday, August 19, 2009

Wright Medical Group this week announced the launch of a new foot surgery product especially suited for diabetic patients.

The design of the CORETRAK articulating external fixator is intended to simplify the procedure for the surgeon, patient and hospital staff. It also addresses a growing need for minimally invasive solutions that respect the body’s natural ability to heal, which is particularly important for diabetics, who are at high risk for surgical complications.

100. Recession Catches Up With Wright Medical - Wednesday, August 05, 2009

Arlington-based Wright Medical Group Inc. has revised its earnings outlook downward after reporting that overall sales of its orthopedic and biologics products for the second quarter were flat from the same period a year ago.