Synthes Has Setback in FDA Panel Backing of Medtronic Spinal Disk

[Justin]

ABC Money UK

Synthes has setback in FDA panel backing of Medtronic spinal disk - report

Published on : Mon, 23 Jul 2007 18:15
By : Agencies
URL : http://www.abcmoney.co.uk/news/222007106470.htm

ZURICH (Thomson Financial) - Synthes Inc has had a small setback in the US after a Food and Drug Administration advisory panel recommended approval for Medtronic Inc's Bryan Disk, a product competing with Synthes's ProDisc, said a report in Swiss bi-weekly Finanz und Wirtschaft.

The Bryan Disk, a polyurethane and titanium implant to replace worn-out spinal disks, could be on the market by the beginning of 2008, said the report.

Medtronic is expected to see sales of around 200 mln usd by 2010, the report added.
On Monday, Medtronic won FDA approval for Prestige, a steel version of the disk.
Medtronic now has a headstart on Synthes, as FDA approval for Synthes' Prodisc is not expected before the end of 2007 or beginning of 2008.

sarah.fenwick@thomson.com

ckj/hjp
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Copyright AFX News Limited 2007. All rights reserved.

[Harrison]

Justin, thanks for posting this -- but is anyone surprised by this news (seriously, not sarcastically)?

Just to opine, this may be bad news for many in the long term. I'll share my 2 cents in the coming weeks.

What do all of you patients think about this?