SiNtx Technologies Inc (SINT)

[boston745]

Man the parallels with Implex are uncanny:

Zimmer's acquisition of Implex Corp. for slightly greater than $100 million is, in some respects, the natural culmination of a standing alliance between the two companies. But it's also interesting for the way in which it seems to embrace all of orthopedics' hot spots. Building on Implex's innovative Hedrocel biomaterial, Zimmer has already developed hip, knee, and shoulder implants, as well as trauma products, out of the collaboration, and has announced that seven development projects are underway. At the same time, this is also clearly a spine play: Implex had developed a line of spine products out of its material, which have already begun to be implanted in Europe and the US, and Zimmer said in announcing the deal that it intends to expand that spine business by incorporating it into Zimmer's own spine division.

In a Red-Hot Orthopedics Market, Zimmer buys Implex

Implex valuation was closer to 200m after some key points were hit. I would expect our valuation to be significantly higher as they market has more than doubled in value.

Trabecular metal recalls:

Class 2 Device Recall Zimmer Trabecular Metal (Bond strength 80% of minimum requirement)

Class 2 Device Recall Persona Trabecular Metal Tibial Plate / Persona TM Tibia

Class 2 Device Recall Zimmer 4.1 Trabecular Metal" Dental Implant

Class 2 Device Recall Zimmer Trabecular Metal Modular Acetabular System

In other words, this implant will end up in the same niche place that Medtronic's Infuse did in Dental. It will not be used in all implant applications because of the risk of loosing the entire implant to infection. Blasted surfaces can at least be nursed back, but trabecular surfaces will carry a small infection throughout the body of an implant causing the entire implant to fail. Its not a guess, it will happen and you will see clinicians very quickly shy away from this implant. Good for Zimmer for moving in this direction, but its not going to make a difference. Its just another short term ploy to create buzz, but this ortho application will not be as predictable in Dental.

Any truth to Zimmer's trabecular implant?