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Editorial Results (free)

1. Key Biologics, BCA Partner To Advance Cell Therapy -

Memphis-based Key Biologics LLC and the nation’s largest blood supply network have announced an agreement to formalize their existing business relationship and work collectively to broaden support for cell therapy and regenerative medicine.

2. Key Biologics, Blood Centers of America Partner to Advance Cell Medicines -

Memphis-based Key Biologics LLC and the nation’s largest blood supply network have announced an agreement to formalize their existing business relationship and work collectively to broaden support for cell therapy and regenerative medicine.

3. UTHSC Readies New Pharmaceutical Manufacturing Facility -

UTHSC is putting the final touches on its new $20 million Plough Center for Sterile Drug Delivery Systems, a pharmaceutical manufacturing facility at the site of a former warehouse at 208 S. Dudley St. in the Memphis Medical District.

4. Wright Medical Grows Net Sales 5 Percent in Q2 -

Medical device company Wright Medical Group N.V. saw net sales of $179.7 million during the second quarter, the company reported Wednesday, Aug. 2, a 5 percent improvement over the year-ago quarter.

5. Wright Medical Grows Net Sales 5 Percent in Q2 -

Medical device company Wright Medical Group N.V., which has its U.S. headquarters in Memphis, saw net sales of $179.7 million during the second quarter, the company reported Wednesday, Aug. 2, a 5 percent improvement over the year-ago quarter.

6. Wright Medical Grows Net Sales 5 Percent in Q2 -

Medical device company Wright Medical Group N.V., which has its U.S. headquarters in Memphis, saw net sales of $179.7 million during the second quarter, the company reported Wednesday, Aug. 2, a 5 percent improvement over the year-ago quarter.

7. Genetic Code -

While the anachronistic farmer trope may be a common pop-culture perception, these stewards of the land have in fact been on the cutting edge of technology for thousands of years.

And every milestone since the Neolithic period, from the first plows to today’s automated tractors, has allowed farmers to increase their yields and support a perpetually growing population.

8. Wright Medical Grows Sales and Losses -

Wright Medical Group N.V. saw $171 million of second-quarter net sales, the company reported this week.

Among the other results for the quarter, Wright’s second-quarter global extremities and biologics net sales increased 112 percent, while Wright reported a net loss of $42 million, compared to a loss of a little more than $37 million in the year-ago quarter.

9. Wright Medical Grows Sales and Losses -

Wright Medical Group N.V. saw $171 million of second-quarter net sales, the company reported this week.

Among the other results for the quarter, Wright’s second-quarter global extremities and biologics net sales increased 112 percent, while Wright reported a net loss of $42 million, compared to a loss of a little more than $37 million in the year-ago quarter.

10. Medtronic Revenue Rises; Spine Business Sags -

Medtronic Inc. on Tuesday announced increased net income company-wide, while business at its Memphis-based spine division sagged.

11. Medtronic Revenue Rises; Spine Business Sags -

Medtronic Inc. on Tuesday announced increased net income company-wide, while business at its Memphis-based spine division sagged.

12. Medtronic Revenue Rises; Spine Business Sags -

Medtronic Inc. on Tuesday announced increased net income company-wide, while business at its Memphis-based spine division sagged.

13. Sales Can’t Save Wright’s Quarter -

Memphis-based Wright Medical said that while sales soared in the third quarter, its quarterly loss swelled to $130 million due to the write-down of its recent acquisition of bone graft maker BioMimetic.

14. Taxing Decision -

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.

15. Local Logistics Firms Expand Medical Real Estate Offerings -

Memphis area industrial brokers are reporting an increase in activity with third-party and proprietary logistics companies involved in distribution of medical/pharma-related product.

During the second half of this year, several local companies have inked new leases that will expand their overall space in the Memphis area, creating new jobs in the process.

16. Rumors Target Medtronic Spine Biz -

Medtronic Inc.’s weak third quarter Spinal sales reported last week reignited speculation that the global medical device giant could eventually sell its Memphis-based Spinal & Biologics Business.

17. Challenges Remain for Medtronic -

Medtronic Inc. on Tuesday, Feb. 21, reported worldwide revenue of $3.9 billion for the third quarter, up 2 percent from $3.857 billion in Q3 2011.

18. Challenges Remain for Medtronic -

Medtronic Inc. on Tuesday reported worldwide revenue of $3.9 billion for the third quarter, up 2 percent from $3.857 billion in Q3 2011.

19. Fees Part of Device Industry Transparency -

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.

20. Smith & Nephew Cuts Part of Tough Year for Industry -

Smith & Nephew is the latest medical device maker to cut Memphis jobs in what’s proven to be a formidable year for the industry.

The London-based company Tuesday, Dec. 16, reduced its workforce by about 80 at its Memphis-based orthopedics unit, where it employs roughly 2,000 people.

21. Medtronic Fiscal Q1 Profit Slips 1 Pct. -

Medtronic Inc. on Tuesday, Aug. 23, reported its earnings fell 1 percent in the first quarter of its 2012 fiscal year, which ended July 29.

22. Medtronic Profits Drop 19 Percent In Q4 -

Medtronic Inc.’s fiscal fourth quarter earnings dropped 19 percent and the company predicted lower-than-expected growth for the year ahead because of a slump in implants sales.

23. Medtronic Releases New Spinal System -

Medtronic Inc., whose Spinal and Biologics Business is in Memphis, has announced the release of its CD Horizon Solera Spinal System in the U.S. and a limited market release in Japan.

24. Medtronic CEO William Hawkins to Retire in April -

WASHINGTON (AP) – Medtronic said Monday that Chairman and CEO William A. Hawkins will step down in April after three years leading the world's largest medical device manufacturer.

Medtronic’s Spinal and Biologics Business is based in Memphis.

25. Medtronic Plans Biologics Boost -

The planned acquisition of Osteotech Inc. for $123 million announced Tuesday by Minneapolis-based Medtronic Inc. offers the company an opportunity to reinvigorate its biologics products.

26. Memphis Merck Site Spared From Closure -

Merck & Co Inc. announced Thursday that it will close eight manufacturing sites, but Memphis is not on the list.

The pharmaceutical giant is closing the manufacturing plants as well as eight research sites to streamline operations following its merger with Schering-Plough last November. With the merger, Merck acquired the Memphis-based consumer health products division of Schering-Plough Corp.

27. SurgiVision Gets FDA Approval -

Memphis-based SurgiVision Inc. has received FDA clearance to begin marketing the first of its medical imaging devices and is moving forward with its initial public offering.

28. Garrison Appointed to Leadership Post for American Bar Section -

Grady M. Garrison has been appointed to serve as vice chair of the Intellectual Property Litigation Subcommittee for the American Bar Association Litigation Section.

Garrison, of counsel at Baker, Donelson, Bearman, Caldwell & Berkowitz PC, concentrates his practice in the areas of intellectual property and franchise law.

29. Taking Off -

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.

30. Taking Off -

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.

31. Merck to Keep Schering’s Consumer Products Division -

The consumer health products division of Schering-Plough Corp., which is based in Memphis, will remain a core operation when the company is acquired by Merck & Co. Merck announced the new leadership and structure for the combined company on Monday. Richard T. Clark, the president and chief executive officer of Merck who will also head the combined company, said it “plans to place an increased emphasis on growing the consumer business, particularly in markets outside the United States.”

32. Medtronic Foundation Gives $1.4 Million For Teaching -

The Teach for America program in Memphis will receive $100,000 as part of a $1.4 million grant the Medtronic Foundation has made to the national organization, which sends top college graduates to teach in communities with high poverty rates.

33. Medtronic to Report Q4 Earnings Today -

Medical device maker Medtronic Inc. will report earnings for the fiscal fourth quarter 2009 today. The following is a summary of key developments and an analyst opinion related to the period.

34. BioImaging Symposium Opens Today at U of M -

When more than 200 experts in medical imaging gather in Memphis starting today, they'll indulge their passion for peering deep inside of human bodies.

But the overall theme is on making imaging technology more useful at a time when the cost of imaging seems, to some, to be exorbitant compared to the benefits.