zimmer biomet spine tether

The material on this site may not be reproduced, distributed, transmitted, cached or otherwise used, except with the prior written permission of WTWH Media. Going by OrthoInfo’s definition, Scoliosis is a condition that causes the spine to curve sideways. meds online, directly to you, up to 85% cheaper than the other guys. While investors are obsessed with Tesla's surge, legendary investor Whitney Tilson says an even bigger EV story will provide the highest gains. Zimmer Biomet carries a Zacks Rank #2 (Buy). Here’s What to Buy Instead. Ahead of a key filing, Raymond James likes what it has been seeing.Writing for the firm, 5-star analyst Steven Seedhouse points out that his optimism is driven by MIRM’s new plan to submit an MAA application to the European Medicines Agency (EMA) for maralixibat (MRX), its minimally absorbed and orally administered investigational therapy that could potentially be used in several indications, in PFIC2 in Q4 2020.While this filing would come before the ongoing MARCH Phase 3 study wraps up, Seedhouse points out that this move is in line with discussions it has already had with the EMA. According to Zimmer Biomet, its anterior vertebral body tethering (AVBT) solution, The Tether, uses a strong, flexible cord rather than traditional metal rods to pull on the outside of a scoliosis curve. The enrollment of the first patient in the Phase 3 trial of MarzAA in hemophilia A or B with inhibitors is slated for 2H20, but this is subject to COVID-related delays. I don't pick stocks on politics, but was shocked to see how a majority of our Action Alerts PLUS holdings would perform if Joe Biden wins the White House. Zimmer Biomet Holdings, Inc. ZBH has received the FDA approval for its first spinal tether device — The Teather — for the treatment of scoliosis in young patients.

The Tether system involves an incision on the side of the chest through which the placement of anchors and vertebral body screws is made into the same side of each vertebra in the curved section of the spine. Medtronic’s long-term earnings growth rate is expected at 7.13%. This time, the inside of the curve is left free to grow. FDA has approved Zimmer Biomet’s Tether Vertebral Body Tethering System, the first of its kind treatment for idiopathic scoliosis. Investors could be pocketing a massive gain of 317%, should this target be met in the twelve months ahead. Running the tickers through TipRanks’ database, we found out that the rest of the Street is also on board, as each boasts a “Strong Buy” consensus rating.Catalyst Biosciences (CBIO)Focused on addressing unmet needs in rare hemostasis and complement-mediated disorders, Catalyst Biosciences hopes to improve the lives of patients from all over the world. A flexible cord (the tether) is connected to the screws, and over time, the tether slows the growth on the curved side of the spine to encourage growth on the opposite site. […]. Manufacturing consumer devices is hard enough. Here's What General Electric Earnings, Stock Chart Show, If PayPal Stock Rises Ahead Of Earnings, This Option Play Could Be Worth $1,000, Fastly Warns Third-Quarter Revenue Will Miss as TikTok Usage Comes up Short, Why DraftKings Stock May Be A Riskier Gamble Than You Think. We believe the company is well-positioned for a significant market re-rating over the next 12 months,” Novak commented.Highlighting its poster presentations at the International Society for Thrombosis and Haemostasis (ISTH) Virtual Congress, Novak believes the data supports the selected dosing regimen for MarzAA in the upcoming Phase 3 CRIMSON-1 trial. Zacks’ has just released a Special Report revealing 5 top stocks to watch in this space. CHOP is on the forefront of this technology, having received approval from the FDA to conduct a trial on vertebral tethering prior to … The company, however, expects recovery on the back of several upcoming product launches including ROSA Spine and Walter (expected in the first half of 2020). Folkert has 20 years of medical device industry experience, most recently… […], A device that stimulates the ears and tongue substantially reduced the severity of tinnitus symptoms in 326 patients for as long as a year, while achieving high patient satisfaction and adherence, according to a new study. The stock has rallied 11.4% compared with the industry’s 7.7% rise. Faster, smaller and more accessible — those are the three descriptors that Sara Schneider uses to describe Smith+Nephew’s Cori robotic knee surgery system, which launched over… […], Telehealth is having its moment as the COVID-19 pandemic continues. Patty Post found herself sitting at her third doctor’s office visit in a week. It’s Time to Dump U.S. Tech Stocks, One Investment Bank Says. You have entered an incorrect email address! Save my name, email, and website in this browser for the next time I comment.

WTWH Media LLC and its licensors. Rex MD prescribes E.D. The Tether device provides a fusion-less option. The companies reached the agreement in late September and expect the sale to close by the end of 2020. Report: Eli Lilly halts COVID-19 treatment trial, Diversity in medtech: Just 20% of executive roles held by women, CartiHeal wins FDA breakthrough designation for Agili-C implant, U.S. Supreme Court to hear Arthrex challenge to constitutionality of patent judges, FDA clears GE Healthcare AI-powered cardiovascular ultrasound system, Vaccine trial pause sees Johnson & Johnson dip despite strong Q3, Smith+Nephew is taking the road less traveled with its ortho surgical robotics, J&J halts COVID-19 vaccine trial due to illness, Abbott wins FDA EUA for COVID-19 IgM antibody test, MedTech 100 roundup: New peak for industry, DTW Podcast: Smith+Nephew’s Ortho president, Rhaeos’ big win and Medtronic’s legacy, CytoSorbents wins $1.1M DoD contract for universal plasma, Olympus gains 510(k) clearance for colonoscopes, Orchid appoints ConMed, Zimmer veteran as CEO. With 3 Buy ratings and no Holds or Sells, the word on the Street is that CBIO is a Strong Buy. In addition to an Outperform rating, he, the price target is left at $23, indicating 128% upside potential. DraftKings could get a lift if New York legalizes online gambling, but an industry observer says sports wagering may be riskier than it seems. Considering the importance of this innovative treatment approach for the pediatric patients, The Tether is available through the FDA's humanitarian device exemption (HDE) pathway. It is very important to do your own analysis before making any investment. He assigned a $48 price target, suggesting 140% upside potential. No Collateral Required. The Tether provides clinicians who take care of children with spinal curves another option for treatment. And definitely don't invest all your eggs there. Save thousands each year. Looking at its D-PLEX100 product, it was granted Fast Track Designation by the FDA for the prevention of post abdominal surgical site infections (SSIs) in August. In this growth modulation approach, the treatment helps achieve a straighter spine without the limitations of spinal fusion. PayPal looks ready to break above the early September peak.

Repay monthly. Buy) along with a $20 price target. If that wasn’t enough, no clinical events were witnessed and 2 out of 7 patients came off of the transplant waiting list.Seedhouse added, “This data is further supported by natural history data from the NAPPED consortium, which shows 100% 15-year native liver survival in biliary diversion patients with sBA levels controlled to below 102µmol/L.”Everything that MIRM has going for it convinced Seedhouse to put a Strong Buy rating on the stock. The stock has a year-to-date range of $79.73 and $10.32 per share.See more from Benzinga * Options Trades For This Crazy Market: Get Benzinga Options to Follow High-Conviction Trade Ideas * Hindenburg On Loop Industries: 'Smoke And Mirrors With No Viable Technology' * 10 Takeaways From BofA's Future Car Conference(C) 2020 Benzinga.com. A few other top-ranked stocks in the broader medical space are Medtronic MDT, Baxter BAX and NuVasive NUVA, each carrying the same top Zacks Rank as Zimmer Biomet. That said, the rotation into cyclicals and small-caps has been much more pronounced, with the Russell 2000 surging 8.5% over the same period.Weighing in for Raymond James, strategist Tavis McCour argues the shift into cyclicals and small-caps “provides some evidence of how the market will rotate in the case of a Democratic sweep, with the logic being stronger fiscal support, steeper yield curve and faster cyclical recovery.”McCour points out that “in the background is remarkably sustainable economic data, and the likely positive impact to EPS.” According to the strategist, Atlanta Fed GDPNow, a model used to estimate real GDP, has increased materially since July, with the firm’s analysts continuing to skew towards raising 2020 EPS estimates nearly every week since May.

Zimmer Biomet Holdings, Inc. ZBH has received the FDA approval for its first spinal tether device — The Teather — for the treatment of scoliosis in young patients. Center Valley, Pa.-based Olympus’ two newly cleared colonoscopes provide an extension to the existing capabilities of physicians to diagnose and treat disorders of the gastrointestinal tract, according to a news release. A diagonal call spread before earnings could deliver profits. The company’s recent acquisition of Integra LifeSciences’ (NSDQ:IART) extremities business will further that mission. “Often growth in children with scoliosis results in curve progression. Nikola's lock-up expiration is Nov. 30, and the company has been on the offensive to try to convince investors that its company holds true value and prevent a massive exodus of insider investors once the lock-up period ends.Former hedge fund manager Whitney Tilson is skeptical of the electric truck maker's efforts at last week's virtual Mission Hydrogen conference. The… […], Diversity in executive roles in the medical device industry is trending more toward parity, with women holding 2% more C-suite roles in 2020 compared to last year. In these cases, the patients have approached or reached a range in which surgical treatment is an option. Keep them in mind when you update your Social Security information. Given the $49.50 average price target, shares could soar 150% in the next year.

The stock market still looks healthy despite Wednesday's pullback.

Zimmer Biomet’s Spine business has witnessed sluggish growth over the last few quarters due to several near-term challenges.

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