Author: Terense Kemp

Otto Bock HealthCare GmbH and EQT, a Swedish private equity firm, have confirmed the go-ahead of a long-term business partnership. Contingent regulatory requirements with the closing have been fulfilled. In the partnership, EQT will hold a 20% share in Otto…

Össur hf. recently announced an update on a share buyback program, which it initiated Aug. 15. The purpose of the buyback program is “to reduce the company’s share capital and adjust the capital structure by distributing capital to shareholders in…

Ottobock and the German National Paralympic Committee recently announced the continuation of their seven-year partnership. Ottobock and the German National Paralympic Committee (Deutscher Behindertensportverband [DBS]) have worked together to provide better access to sports for people with limited mobility, and…

NovaCare Orthotics & Prosthetics in Lancaster, Pennsylvania, hosted a First Climb clinic this month in collaboration with the Orthotic & Prosthetic Activities Foundation, according to a press release. Held at the climbing gym at Spooky Nook Sports, the clinic was…

Researchers from the NIH Clinical Center Rehabilitation Medicine Department have created the first robotic exoskeleton that demonstrated significant reduction among crouch gait in children and adolescents with cerebral palsy, according to results recently published in Science Translational Medicine. “Most wearable…

The Amputee Coalition National Conference in Louisville, Kentucky, included Orthotic & Prosthetic Activities Foundation First Clinics that focused on swimming, dancing and fitness. First Swim, which offered instruction to amputees on ways to improve their stroke and feel comfortable in…

The National Commission on Orthotic and Prosthetic Education has announced Rachael E. Rosen as the 2017 recipient of the Larry Lange Travel Fellowship Award. According to a press release from the National Commission on Orthotic and Prosthetic Education (NCOPE), the…

MC10 Inc. and the Shirley Ryan AbilityLab have announced a partnership in novel neurodegenerative- and motion-related disability therapy development. Shirley Ryan AbilityLab will use MC10’s BioStampRC, a wearable sensor system that captures physiological data, in clinical research studies. The goal…

Myomo Inc. reported its financial results for the second quarter and six months ending June 30. The company announced in a press release that it completed an initial public offering under SEC Regulation A+ on June 9, with total gross…

Bionik Laboratories Corp. issued a letter its shareholders that highlighted company updates for the first half of 2017. The company has completed development of the new V2 version of its InMotion robots, including improved design, footprint and user interface, according…