Zimmer Holdings Inc. and Biomet Inc., both of Warsaw, Ind., have approved a definitive agreement under which Zimmer will acquire Biomet in a cash and stock transaction valued at approximately $13.35 billion, including the assumption of net debt.
Lumenous Device Technologies, Sunnyvale, Calif., introduces a unique method to improve and enable new devices using locally differential heat treatment of Nitinol.
MedShape Inc., Atlanta, announces FDA 510(k) clearance for its shape-memory PEEK ExoShape Femoral Soft Tissue Fastener for soft tissue graft fixation on the femoral side of the knee joint during anterior cruciate ligament (ACL) reconstructive surgery.
Allegheny Technologies Inc., Pittsburgh, offers its NiTiNb shape memory alloy for coupling devices that need cryogenic martensite transformation temperatures and also need room temperature storage capability.
A team of researchers from the University of Houston Cullen College of Engineering and Qatar University has won a $779,000 grant based on shape memory alloy reinforcements for deteriorating reinforced-concrete structures such as bridges.
