LDR fights insurance companies for reimbursement of spinal disc implant
LDR said cervical disc replacement typically occurs in patients who are too young to receive Medicare, making Mobi-C reimbursement a point of contention with private players.
Austin frets proposed Zimmer Biomet takeover of LDR Holdings
LDR would be the third Austin company Zimmer has purchased in the last 13 years. An article by the Austin American-Statesman pointed out that Zimmer has twice before bought local firms, only to close and consolidate operations in the years after the sale, costing the city more than 500 jobs.
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The Top EAP Companies for Mental Health Support
Employee assistance programs have become essential tools for organizations aiming to address mental health challenges, reduce burnout and foster healthier workplaces.
Morning Read: Medical device M&A includes Medtronic orthopedics deal, Zimmer’s $1B offer for LDR
Also, Roswell Park Cancer Institute has formed a for-profit spinoff company, Global Biotechnology & Cancer Therapeutics. Health Outcome has launched a crowdsourcing platform for patients to rate their treatment.
Axovant Sciences IPO generates $2B+ valuation, NIH program tracks molecules affected by physical activity (Morning Read)
Axovant Sciences with Alzheimer's drug in Phase 3 development had a monster IPO, prompting fears of a biotech bubble.