Park City, UT

3 days / 6 sessions
Current Issues in Spine

February 2-4, 2017

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October 23, 2017 OrthoSpineNews

Press Release/October 23, 2017

Artoss, Inc. is pleased to announce NanoBone QD Bone Graft.

Paul Byerley, Managing Director of Artoss, Inc., the exclusive North American distributors for NanoBone in orthopaedic surgery, said, “To extend the usability of NanoBone, we put the perfect handling of NanoBone SBX Putty in an applicator designed for QD – quick delivery. This easy-to-use device facilitates rapid implantation of our advanced bone graft in a controlled and precise manner. Artoss developed NanoBone QD to provide these benefits in a cost-effective delivery system.”

Walter Gerike, Managing Director of Artoss GmbH said, “Nanotechnology is the key technology for the 21st century and Artoss is harnessing this potential for orthopaedic surgery. With the launch of NanoBone SBX Putty in 2016, we created a product that combines Applied NanoBiology™ for bone repair with perfect handling for the surgeon. NanoBone QD takes the product one step further by making it easier for the surgeon to implant.” NanoBone synthetic bone graft products have been used in Europe and the US for more than ten years in approaching 400,000 clinical cases across all indications and has been available in the United States since 2015.

Artoss, Inc. is launching NanoBone QD at the North American Spine Society Meeting this week. Visit them at Booth 1562 to learn more.

 

 

For further information, please contact:

Artoss, Inc.

15900 155th St. NE

Foley, MN 56329

320-355-4321

info@artossinc.com

 


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October 23, 2017 OrthoSpineNews

Kapstone Medical announced today they have acquired the assets of Loukas Medical, an independent orthopedic engineering firm based in Franksville, WI. Loukas Medical will expand Kapstone Medical’s portfolio with greater access to a diverse customer base, highly experienced engineering talent, and key intellectual property.

Loukas Medical has a history of assisting medical device companies in orthopedics and spine product development and manufacturing. James Rinner, Founder of Loukas Medical, is an inventor on 60 U.S. patents. Under the terms of the agreement, Jim will join Kapstone’s team of medical device experts in engineering, development, regulatory, quality and supply chain management.

“We are excited to welcome Jim to our team,” said John Kapitan, CEO and Founder of Kapstone Medical. “He is not only a highly talented and experienced engineer, but even more importantly to me, we share common corporate and personal values, paving the way for successful long-term collaboration.”

Kapstone Medical partners with medical device inventors and OEMs to rapidly develop and commercialize new medical devices inventions, on time and on budget. The company will be leveraging its produce development resources to develop and license a novel bone screw technology that Loukas designed and patented.

“The closing of this transaction opens new opportunities,” said Mr. Rinner. “We’re excited to be part of the Kapstone Medical team and look forward to creating value for our customers as we make a positive impact on the industry.”

John Kapitan & Jim Rinner will be attending the North American Spine Society (NASS) in Orlando, FL from October 25-28, 2017. If you would like to set up an appointment, please contact John at 704-516-5120.

For the latest news with Kapstone Medical follow them on LinkedIn.

About Kapstone Medical
Kapstone Medical has been helping innovators develop and safeguard their ideas since 2007. Kapstone is a privately held product realization firm headquartered in Charlotte, North Carolina. The company integrates a suite of in-house disciplines to give physician inventors, entrepreneurs and manufacturers of all sizes the opportunity to efficiently develop new ideas on time and on budget. Kapstone Medical’s range of services includes all aspects of product development, IP protection, regulatory, quality assurance, and supply chain management.

For more information please contact:
Guillaume Viallaneix
MedTech Momentum
phone: 407-960-2994
info(at)kapstonemedical.com


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October 23, 2017 OrthoSpineNews

NEW YORKOct. 23, 2017 /PRNewswire/ — Paradigm Spine, LLC, a leader in providing solutions for the treatment of lumbar spinal stenosis announces updated coverage by Health Alliance Plan of Michigan. An additional 500,000 lives in Michigan now have access to treatment of lumbar spinal stenosis using coflex.

Lumbar spinal stenosis (“LSS”), affecting 1.6 million patients annually, is a debilitating and degenerative disease in older patients (>50 yrs) often associated with significant leg and back pain, leg numbness and weakness, causing a significant reduction in an active lifestyle. Traditional surgical treatment options for LSS include a decompression that removes bone and soft tissue and may also require a fusion to stabilize the spine. The coflex® device is a non-fusion, motion preserving stabilization implant, that is FDA PMA approved for the treatment of lumbar spinal stenosis, and can be used in conjunction with a decompression or used in lieu of a spinal fusion.

To learn more about coflex® Interlaminar Stabilization®, please visit www.coflexsolution.com.

Marc Viscogliosi, Chairman & CEO – “With over 85 peer-review published articles, including landmark 5 year follow-up studies, medical society guidelines, and now with additional commercial insurance coverage, it is wonderful to be able to expand patient access to the coflex® technology.”

About Paradigm Spine, LLC
Paradigm Spine, LLC was founded in 2004 and remains focused on the design and development of solutions for the disease management of spinal stenosis. The Company’s signature product is the coflex® Interlaminar Stabilization®device, which has more than 20 years of clinical history and patients treated in more than 40 countries worldwide.

 

SOURCE Paradigm Spine, LLC

Related Links

http://www.paradigmspine.com


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October 20, 2017 OrthoSpineNews

FARMINGDALE, N.Y., Oct. 20, 2017 (GLOBE NEWSWIRE) — Misonix, Inc. (Nasdaq:MSON), a provider of minimally invasive therapeutic ultrasonic medical devices that enhance clinical outcomes, announced today that it has entered into a license and exclusive manufacturing agreement with Hunan Xing Hang Rui Kang Bio-Technologies Co., Ltd., a Chinese corporation, under which Misonix has licensed certain manufacturing and distribution rights to its SonaStar product line in The People’s Republic of China (“PRC”), Hong Kong and Macau in exchange for payments totaling a minimum of $11 million.

The agreement calls for (i) upfront technology license fees and stocking orders of $5 million; (ii) minimum royalty payments from the sale of SonaStar products in the licensed territories of $2 million per calendar year in each of 2019, 2020, and 2021 and (iii) additional royalty payments based on product sales through August 2027. The Agreement also provides that Misonix will supply SonaStar products to Hunan Xing Hang Rui Kang Bio-Technologies Co., Ltd. at agreed prices during the transition period prior to their commencement of manufacturing, and provides for reimbursement of technology transfer costs to Misonix of up to $1 million.

Stavros Vizirgianakis, President and Chief Executive Officer of Misonix, said, “We look forward to working with the team at Hunan Xing Hang Rui Kang Bio-Technologies Co. to establish our SonaStar technology throughout The People’s Republic of China, Hong Kong and Macau. We will be focused on assisting them to effectively and efficiently manufacture the SonaStar product line once they complete the required manufacturing facilities. In the meantime, we will supply them the product they need to begin to establish the SonaStar product line in these important and fast-growing markets. This is an important technology that will result in better patient outcomes with cost-effective treatment modalities.”

Quan Li, Chairman of Hunan Xing Hang Rui Kang Bio-technologies Co., Ltd., said, “Working with Misonix represents a unique opportunity to add an important technology to our suite of products. SonaStar is an advanced technology engineered to provide powerful and precise ultrasonic aspiration with maximum control and ease-of-use. We are dedicated to bring these important benefits to our markets in The People’s Republic of China, Hong Kong and Macau.”

“We are extremely excited to be partnering with the team at Hunan Xing Hang Rui Kang Bio-Technologies Company to bring our SonaStar technology to The People Republic of China,” added Scott Ludecker, Senior Vice President of Sales and Marketing with Misonix. “Both organizations share a common commitment to improving the lives of patients with our therapeutic ultrasonic surgical technology.”

About Misonix
Misonix, Inc. designs, develops, manufactures and markets therapeutic ultrasonic medical devices. Misonix’s therapeutic ultrasonic platform is the basis for several innovative medical technologies. Addressing a combined market estimated in excess of $1.5 billion annually; Misonix’s proprietary ultrasonic medical devices are used in spine surgery, neurosurgery, orthopedic surgery, wound debridement, cosmetic surgery, laparoscopic surgery, and other surgical and medical applications. Additional information is available on the Company’s website at www.misonix.com.

Safe Harbor Statement
With the exception of historical information contained in this press release, content herein may contain “forward looking statements” that are made pursuant to the Safe Harbor Provisions of the Private Securities Litigation Reform Act of 1995. These statements are based on management’s current expectations and are subject to uncertainty and changes in circumstances. Investors are cautioned that forward-looking statements involve risks and uncertainties that could cause actual results to differ materially from the statements made. These factors include general economic conditions, delays and risks associated with the performance of contracts, risks associated with international sales and currency fluctuations, uncertainties as a result of research and development, acceptable results from clinical studies, including publication of results and patient/procedure data with varying levels of statistical relevancy, risks involved in introducing and marketing new products, potential acquisitions, consumer and industry acceptance, litigation and/or court proceedings, including the timing and monetary requirements of such activities, the timing of finding strategic partners and implementing such relationships, regulatory risks including approval of pending and/or contemplated 510(k) filings, the ability to achieve and maintain profitability in the Company’s business lines, the impact of the pending investigation by the Department of Justice and Securities Exchange Commission, and other factors discussed in the Company’s Annual Report on Form 10-K for the fiscal year ended June 30, 2017, subsequent Quarterly Reports on Form 10-Q and Current Reports on Form 8-K. The Company disclaims any obligation to update its forward-looking statements.

Corporate Contact
Joe Dwyer
Misonix, Inc.
631-927-9113
jdwyer@misonix.com

Investor Contact
Joe Diaz
Lytham Partners
602-889-9700
mson@lythampartners.com


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October 20, 2017 OrthoSpineNews

October 20, 2017

ALACHUA, Fla.–(BUSINESS WIRE)–RTI Surgical, Inc. (RTI) (Nasdaq: RTIX), a global surgical implant company, today announced the introduction of TETRAfuse® 3D Technology, providing surgeons a solution they have been seeking. From the beginning, surgeons have had to choose between bone in-growth, radiolucency or mechanical strength when selecting a spinal interbody implant. TETRAfuse 3D Technology is the first 3D printed polymer implant material that has demonstrated trabecular bone ingrowth while maintaining radiolucency and bone-like mechanical properties1.

“The 3D printing process creates a nano-rough surface on every aspect of the implant, not just the endplates,” noted Robert Watkins IV, M.D. of Marina Spine Center in Marina Del Ray, Calif. “This nano-rough surface facilitates bony ingrowth throughout the disc space from endplate to endplate, allowing deeper implant osseointegration.”

TETRAfuse 3D Technology was developed to offer surgeons an interbody material that participates in the fusion process while maintaining bone-like mechanical properties and radiolucent imaging. Bringing these features together combines the osseointegrative advantages of titanium and allograft bone with the benefits surgeons experience with PEEK. RTI will soon announce the release of a family of products manufactured with TETRAfuse 3D Technology, providing a platform that will have many derivative products.

“We are excited about the promise this cutting-edge technology holds for our surgeon customers and their patients,” said Camille Farhat, RTI chief executive officer. “Being the first to offer surgeons a 3D printed interbody polymer optimized to participate in fusion marks another significant milestone for RTI in our quest to continuously deliver relevant and innovative products without compromise.”

® indicates U.S. trademark registration. All trademarks and/or images are the property of their respective owners or holders.

Data on file at RTI Surgical, Inc. Animal and in vitro data may not be representative of clinical experience.

Clinical cases are unique and results may vary.

About RTI Surgical Inc.

RTI Surgical is a leading global surgical implant company providing surgeons with safe biologic, metal and synthetic implants. Committed to delivering a higher standard, RTI’s implants are used in sports medicine, general surgery, spine, orthopedic, trauma and cardiothoracic procedures and are distributed in nearly 50 countries. RTI is headquartered in Alachua, Fla., and has four manufacturing facilities throughout the U.S. and Europe. RTI is accredited in the U.S. by the American Association of Tissue Banks and is a member of AdvaMed. For more information, please visit www.rtix.com.

Forward Looking Statement

This communication contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These forward-looking statements are based on management’s current expectations, estimates and projections about our industry, our management’s beliefs and certain assumptions made by our management. Words such as “anticipates,” “expects,” “intends,” “plans,” “believes,” “seeks,” “estimates,” variations of such words and similar expressions are intended to identify such forward-looking statements. In addition, except for historical information, any statements made in this communication about anticipated financial results, growth rates, new product introductions, future operational improvements and results or regulatory actions or approvals or changes to agreements with distributors also are forward-looking statements. These statements are not guarantees of future performance and are subject to risks and uncertainties, including the risks described in public filings with the U.S. Securities and Exchange Commission (SEC). Our actual results may differ materially from the anticipated results reflected in these forward-looking statements. Copies of the company’s SEC filings may be obtained by contacting the company or the SEC or by visiting RTI’s website at www.rtix.com or the SEC’s website at www.sec.gov.

Contacts

RTI Surgical Inc.
Roxane Wergin, 386-418-8888
Director, Corporate Communications
rwergin@rtix.com


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October 20, 2017 OrthoSpineNews

At OrthoSpineNews, we enjoy attending all the conferences and learning about new technology. There aren’t many areas in orthopedics and spine that has seen more growth, development and enthusiasm over the past few years but one of the shining stars is the Orthobiologics space. One of the most intriguing technologies that we have seen in this segment is the bioactive glass product called Fibergraft which is manufactured by Prosidyan.

We had the opportunity to sit down with Prosidyan’s President and CEO, Charanpreet Bagga (CB) as well as one of the leading surgeons in the country, Dr. Hyun Bae to learn more about the company and the product.

How about we start out with you both taking a minute to introduce yourself for our audience. 

CB- I have been very fortunate to have worked on a variety of exciting projects and for a number of great companies over the years.  Over the last 25 years, I have worked for Howmedica, Spinetech, Orthovita, Orthofix and Prosidyan as a full-time employee and I also helped build Titan Spine and Knee Creations as a consultant.  Over the years, I am a named inventor in over 125 US Patent applications, with over 50 issued patents, spanning hardware and biomaterials associated with treatments for back and knee pain.

Bae- I graduated from Columbia in NY with a degree in Biomechanical Engineering.  Looking back the biggest impact to my career choice was working in the Orthopaedic Research Lab as an undergrad with a world renown leader in cartilage and bone biology named Dr. Van C. Mow.  His post docs are now the Directors of many leading academic institutions and are the preeminent thought leaders in the field of musculoskeletal science.  From there I completed my medical training at Yale School of Medicine and continued research during my medical training by spending a year at the NIH as a Howard Hughes Fellow.  I completed my orthopaedic training at the Hospital for Special Surgery and spine fellowship with the late Henry Bohlman in Cleveland.

What led you to create Prosidyan and more specifically, Fibergraft? 

CB- Infuse was a Billion-dollar product in 2006.  By late 2008, we had seen a rapid decline in the market share of Infuse, which created a void in the bone grafting market.  Dr. Bae and I met around that time and felt that there was an unmet clinical need for a viable synthetic bone graft. We researched the field and narrowed in on bioactive glass as the most promising material.  Bioactive glass at that time already had a strong body of research to support its amazing properties, but had the limitations of only being available as crushed glass or as solid microspheres, with no porosity.  We had learnt over the years how important three-dimensional porosity providing direct cell connectivity is for allowing bone growth.  I decided to visit MoSci, the global dominant manufacturer of bioactive glass.  It led to a joint collaboration between Prosidyan and MoSci to develop FIBERGRAFT.

As a surgeon, what about Fibergraft do you most appreciate?

Bae- I love the fact that Fibergraft is truly a paradigm shift in grafting.  Most synthetics look like cancellous bone.  The problem is that they either resorb too quickly and you are not left with much or they are inert and do not resorb.  I feel we have been disenchanted with synthetics that look good on x-ray but on reoperation are found to be present in a deteriorated state without any true bone formation.  We have learned from BMP that bone induction is less about the providing a scaffold that looks like bone but more about enhancing the cellular healing process.  Fibergraft consists of micro and nano-sized fibers that are thoughtfully engineered in a 3-D structure to specifically induce and optimize the cellular process of bone development.     

BioActive Glass products have been around since VITOSS, what makes this different? 

CB- We are the first company to commercialize nano and micro sized fibers of bioactive glass for bone grafting.  Everyone else had solid particles, with no porosity.  Fibers allow the ultimate flexibility in engineering.  Our 3-D fiber array allows not only engineered porosity but direct cell connectivity.  This makes all the difference in ability to create rapid and sustained bone formation.

We have heard many different responses from surgeons regarding the quality of a fusion. Some say it’s the implants and biologics while others will say it’s the carpentry skills of the surgeon. What have you experienced and why do you think Fibergraft is displaying such great results? 

Bae- Obviously its all of the above.  But having trained fellows for the past 15 years, I am proud to say that the level and skill of spinal surgeons have advanced tremendously.  BMP taught us that we do not need iliac crest autograft in every fusion.  By advancements in implant technology and importantly knowledge and skill of the surgeon we have been able to achieve great results and outcomes for our patients without iliac crest autograft.  Fibergraft is just a well-deserved and needed evolution in synthetic bone grafting.  The results are a simple derivative of applying sound science and innovative engineering to the field of synthetic bone biology.

All publically traded orthopedic and spine companies have noted negative pricing pressure on their quarterly calls over the past few years, how has it been to create a new and innovative company while facing the same challenges? 

CB- This is a new world.  Gone are the days when you could spend unlimited amount of money in the development cycle with the promise of huge payback someday.  We ran Prosidyan very lean right from the beginning.  I worked from my home office for the first five years until we were close to our first FDA clearance.  We spent most of our funds directly on R&D and we stayed away from any expenses which were not absolutely needed.  I am proud to share that we have been operationally profitable, right from our first full year of commercial operations.

BMP’s like Infuse took the market by storm in the early 200’s but it appears that the product has been losing market share to products like Fibergraft, why do you think that is (clinical results? Finances?) 

Bae- First I think that BMP revolutionized the grafting market.  For all intensive purposes it put an end to the use of iliac crest autograft.  I do feel like this was a great thing for our patients.  It allowed the exploration of alternatives to iliac crest to be put to use.  The two main alternatives are allograft and synthetics.  I truly feel that we just fell behind in the synthetic category.  There is no reason with the advancement of technology and science today that a synthetic bone graft cannot be engineered to equal autograft.  It just took us a long time to understand and apply technological innovations to synthetics.  Fibergraft is an incredible and thoughtful application of todays technology in synthetic bone grafting.  Its clinical results speak for themselves and it is the best synthetic bone graft available today.

Thank you both for taking the time to sit down with us and share the exciting story of Prosidyan and Fibergraft. You will be at NASS and I’m sure if anyone reading this has questions, it would be highly recommended for them to stop by your booth (#1730) while they are in Orlando. We wish you both the best of luck and thank you again for sharing this exciting story.

 

 


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October 20, 2017 OrthoSpineNews

October 19, 2017

LEWISVILLE, Texas–(BUSINESS WIRE)–Orthofix International N.V. (NASDAQ:OFIX), a diversified, global medical device company, today announced that it plans to release financial results for the third quarter 2017 after market close on Monday, October 30, 2017. Brad Mason, Chief Executive Officer, and Doug Rice, Chief Financial Officer, will host a conference call and webcast to review the Company’s results at 4:30 p.m. ET the same day.

Interested parties may access the conference call by dialing (844) 809-1992 in the U.S. and (612) 979-9886 outside the U.S., and referencing the conference ID 2078866. A replay of the call will be available for two weeks by dialing (855) 859-2056 in the U.S. and (404) 537-3406 outside the U.S., and entering the conference ID 2078866. A webcast of the conference call may be accessed by going to the Company’s website www.orthofix.com by clicking on the Investors link and then the Events and Presentations page.

About Orthofix:

Orthofix International N.V. is a diversified, global medical device company focused on improving patients’ lives by providing superior reconstructive and regenerative orthopedic and spine solutions to physicians worldwide. Headquartered in Lewisville, Texas, the Company has four strategic business units: BioStim, Biologics, Extremity Fixation and Spine Fixation. Orthofix products are widely distributed via the Company’s sales representatives and distributors. In addition, Orthofix is collaborating on research and development activities with leading clinical organizations such as Brown University, Sinai Hospital of Baltimore, Cleveland Clinic, Texas Scottish Rite Hospital for Children, and the Musculoskeletal Transplant Foundation. For more information, please visit www.orthofix.com.

Contacts

Orthofix International N.V.
Investor Contact:
Mark Quick, 214-937-2924
markquick@orthofix.com
or
Media Contact:
Denise Landry, 214-937-2529
deniselandry@orthofix.com


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October 20, 2017 OrthoSpineNews

October 20, 2017

ST. PAUL, Minn.–(BUSINESS WIRE)–Spineology Inc., the innovator in anatomy-conserving spine surgery, has announced the initiation of a prospective, post-market lateral interbody fusion study designed to evaluate patient outcomes using its FDA-cleared Duo Lumbar Interbody Fusion System.

The Duo System offers a unique implant design that is the first to combine PEEK, titanium, and graft containment mesh elements. The design dramatically reduces the access required to implant a device compared to traditional lateral systems. By minimizing the nerve and soft tissue retraction typically required in these surgeries, the company believes the Duo System can reduce the post-operative thigh pain and other complications commonly associated with the lateral approach. In addition to reducing the exposure required for placement, the Duo implant, once filled, creates a large, load-sharing, endplate-conforming graft pack that expands up to 30mm in width to help maintain spinal correction and support fusion.

“We think minimizing the amount of retraction by having the ability to efficiently place a narrow implant and then expanding the implant up to 30mm in width once deployed, offers significant clinical benefits to the patient as well as procedural benefits to the surgeon,” said John Booth, CEO, Spineology Inc. “The Duo System represents next-generation fusion technology and we’re extremely excited to see the clinical results of patients treated in the post-market study,” added Booth.

Post-market study sites for the Duo System are in the process of being finalized.

The Duo Lumbar Interbody Fusion System will be highlighted at the Spineology booth, #913, at the North American Spine Society (NASS) annual meeting next week in Orlando, Florida.

About Spineology Inc.

Spineology Inc. provides innovative, anatomy-conserving spinal technologies for surgeons and their patients. Spineology surgical techniques conserve spinal bone, ligament and muscle tissue. Spineology is committed to increasing procedural efficiency, reducing surgical morbidity and accelerating patient recovery. Learn more at spineology.com.

Contacts

Spineology Inc.
John Booth, 651-256-8511
jbooth@spineology.com
or
Risdall
Dave Folkens, 651-286-6713
dave@risdall.com


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October 19, 2017 OrthoSpineNews

18 October 2017

Corin Group, after the successful acquisition of the Tornier Hip and Knee business is announcing a further European expansion by acquiring the large joint business unit of MBA Belgium & Luxemburg NV.

Over the last 7 years MBA has successfully distributed the Corin portfolio. The team have gone from strength to strength, expanding and developing solid collaborative relationships with key surgeons throughout the countries. The combination of Corin technologies and the MBA team’s passion for orthopaedics will deliver greater value to the Belgium and Luxemburg Orthopaedic community.

Stefano Alfonsi, Chief Executive Officer of Corin commented “With MBA’s, responsive service and solid working relationships they are well placed to engage their attentive audience with Corin’s world leading innovative technologies. We are delighted to welcome the team who are transitioning to Corin from MBA and look forward to building an even stronger surgeon focused organisation.”

Paul Griffin, International Business Director, MBA, commented, “Building on MBA’s success in Belgium & Luxemburg in the recent past,  Corin’s involvement will streamline the representation from MBA and Tornier to a single Corin entity, simplifying the customer experience, and enabling more surgeons to engage with Corin’s Ecosystem of  ground breaking technologies’.”    

About Corin

Since its inception, Corin has led the way in orthopaedic innovation — providing a faster, positive and more assured return to quality of life for people all over the world. Today, as a dynamic, growing, global business, Corin’s approach is revolutionising orthopaedics.

We offer a unique combination of clinically-proven hip, knee, ankle and shoulder solutions and world-leading technologies that enable patients, surgeons and healthcare providers to connect more closely than ever.

The deep insight we gain, understand and share at every stage of the connected orthopaedic experience leads to advanced, patient-specific solutions that exceed expectations, maximise value in healthcare and positively impact lives.

About MBA

MBA is a leading company in the European medical and surgical technology field. Our objective is to create value for the specialist through technology, service and sharing knowledge.

MBA currently has two divisions:

MBA

The Company began by specialising in providing complete solutions for Orthopaedic and Neurosurgeons via a full range of product lines for the following specialities:

  • Knee
  • Hip
  • Shoulder
  • Other joints: Elbow, Hand, Wrist, Foot and Ankle.
  • Tumour and Extremity Reconstruction
  • Biomaterials
  • Spine
  • Trauma

BIOSER

This Division provides solutions for nine surgical specialties: Anaesthesiology, General Surgery, Cardiovascular Surgery, Thoracic surgery, Urology, Gynaecology, Obstetrics, ENT, Plastic Surgery and Emergency Medicine.



October 19, 2017 OrthoSpineNews

October 19, 2017

BORDEAUX, France & BOSTON–(BUSINESS WIRE)–Regulatory News:

IMPLANET (Paris:IMPL) (OTCQX:IMPZY)(Euronext Growth: ALIMP, FR0010458729, PEA-PME eligible), a medical technology company specializing in vertebral and knee-surgery implants, today announces that it has received European regulatory clearance through the CE Mark to market the new JAZZ® Passer.

Following 510(k) marketing clearance from the FDA in September for the US market, Implanet has just received the CE Mark for its new JAZZ® Passer product line.

This new milestone will allow Implanet to offer its latest technological development in the world’s second largest spine surgery market, worth an estimated $800 million1.

Ludovic Lastennet, CEO of Implanet, says: “This innovation will accelerate the adoption of JAZZ® technology by new European surgeons. This highly dynamic market is driven by France and Germany, regions where we are active, notably in the high potential adult degenerative bone disorder segment. At the recent Eurospine conference in Dublin, we saw enthusiasm for our solution from health professionals and surgeons. We were able to show, during a thematic evening with more than 50 participants and throughout this conference, how easy to use our latest innovations are.”

As a reminder, JAZZ® Passer is a compatible solution with the JAZZ® Platform, providing new options in terms of accessing and working around anatomical structures.

IMPLANET will participate in the following scientific conventions in Q4-2017
NASS in Orlando, October 25 to 28, 2017
SOFCOT in Paris, November 6 to 9, 2017
ICEOS in San Diego, November 15 to 17, 2017

Next financial press release: 2017 annual revenue, on January 16, 2018 (before market)

About IMPLANET

Founded in 2007, IMPLANET is a medical technology company that manufactures high-quality implants for orthopedic surgery. Its flagship product, the JAZZ® latest-generation implant, aims to treat spinal pathologies requiring vertebral fusion surgery. Protected by four families of international patents, JAZZ® has obtained 510(k) regulatory clearance from the Food and Drug Administration (FDA) in the United States and the CE mark. IMPLANET employs 48 staff and recorded 2016 sales of €7.8 million. For further information, please visit www.implanet.com.

Based near Bordeaux in France, IMPLANET established a US subsidiary in Boston in 2013.

IMPLANET is listed on Euronext™ Growth market in Paris.

Disclaimer

This press release contains forward-looking statements concerning Implanet and its activities. Such forward looking statements are based on assumptions that Implanet considers to be reasonable. However, there can be no assurance that the anticipated events contained in such forward-looking statements will occur. Forward- looking statements are subject to numerous risks and uncertainties including the risks set forth in the registration document of Implanet registered by the French Financial Markets Authority (Autorité des marchés financiers (AMF)) on April 26, 2016 under number R.16-035 and available on the Company’s website (www.implanet-invest.com), and to the development of economic situation, financial markets, and the markets in which Implanet operates. The forward-looking statements contained in this release are also subject to risks unknown to Implanet or that Implanet does not consider material at this time. The realization of all or part of these risks could lead to actual results, financial conditions, performances or achievements by Implanet that differ significantly from the results, financial conditions, performances or achievements expressed in such forward-looking statements. This press release and the information it contains do not constitute an offer to sell or to subscribe for, or a solicitation of an order to purchase or subscribe for Implanet shares in any country.

1 Source : Global Data

Contacts

IMPLANET
Ludovic Lastennet, +33 (0)5 57 99 55 55
CEO
investors@implanet.com
or
NewCap
Investor Relations
Julie Coulot, +33 (0)1 44 71 20 40
implanet@newcap.eu
or
Media Relations
Nicolas Merigeau, +33 (0)1 44 71 94 98
implanet@newcap.eu
or
AlphaBronze
US-Investor Relations
Pascal Nigen, +1 917 385 21 60
implanet@alphabronze.net