People living with a lower limb amputation have less-than-desirable prosthetic device options to help regain mobility and independence – available prosthetics are costly, uncomfortable, not adjustable, take weeks to make as they are hand-fabricated, require multiple office visits with a prosthetist, and need to be replaced about every three years. LIM Innovations Inc. hopes to improve amputees’ lives with a prosthetic socket that can be mass-manufactured and then assembled to fit and mold to each patient, and to be remolded over time.

People living with a lower limb amputation have less-than-desirable prosthetic device options to help regain mobility and independence – available prosthetics are costly, uncomfortable, not adjustable, take weeks to make as they are hand-fabricated, require multiple office visits with a prosthetist, and need to be replaced about every three years. LIM Innovations Inc. hopes to improve amputees’ lives with a prosthetic socket that can be mass-manufactured and then assembled to fit and mold to each patient, and to be remolded over time.

Long a pioneer in prosthetics, one of orthopedics' forgotten spaces, Stanmore Implants Worldwide, has a new investor group who hope to transform this once academic supplier into a thriving orthopedics player by focusing on specialty niches that the Ortho giants have largely ignored.

Brief summaries of notable product news in the medical device industry, including the FDA's top 14 devices of this fiscal year, Given Imaging's new CPT code, and Innovative Neurotronic Inc.'s new WalkAide functional electrical stimulation device.