![]() |
![]() |
![]() |
|
****JavaScript based drop down DHTML menu generated by NavStudio. (OpenCube Inc. - http://www.opencube.com)****
|
Nexa Orthopedics and Bioretec Announce Partnership in Bioresorbable Orthopedic Products Eden Prairie, MN And Tampere, Finland – March 15, 2007 -- Nexa Orthopedics, a global leader in extremities orthopedics, announced today that it has entered into a partnership with Bioretec Ltd, a Finnish biomaterials company. The partnership establishes Nexa Orthopedics, Inc., a wholly owned subsidiary of Nexa Orthopedics, as the exclusive distributor in the United States for a line of proprietary, bioresorbable surgical devices to be manufactured by Bioretec. The new product line to be marketed by Nexa will include pin and screw fixation systems for use by extremity physicians to repair and treat a wide range of bone and joint disorders including fractures and arthritis. Recently cleared by the US FDA, the Bioretec ActivaPin™ and ActivaScrew™ fixation systems feature the company’s proprietary and patent-pending Self-Locking SL™ and Auto-Compression™ biomaterials technology. Nexa will market these products under its NexFix™ Resorbable Fixation System brand. Doug Kohrs, President and Chief Executive Officer of Nexa Orthopedics commented "We are impressed with Bioretec’s experience in resorbable biomaterials technology and longstanding commitment to innovation. The addition of these proprietary products to the already broad Nexa product line reinforces Nexa Orthopedics’s commitment to serving extremity and podiatric surgeons and their patients." "We are very pleased to have Nexa Orthopedics and Nexa recognize the potential for the Bioretec biomaterials technology to improve both surgical procedure and patient outcomes. Their combined market presence represents a strong platform from which to launch our products in the United States," said Risto Penttilä, Chief Executive Officer of Bioretec. Nexa personnel will be available this week at the American College of Foot and Ankle Surgeons' Annual Scientific Conference in Orlando, Florida to demonstrate products in the new NexFix™ Resorbable Fixation System line. About Nexa OrthopedicsNexa Orthopedics develops and markets medical devices designed to restore joint function and return patients to an active and healthy lifestyle. The company's innovative extremity products include the Aequalis cemented, press fit, and reversed shoulder arthroplasty prostheses, a proximal humeral fracture treatment system, a shoulder resurfacing head as well as elbow, ankle, and radial head prostheses. Nexa Orthopedics has further expanded its reach into the foot and ankle and hand and wrist markets through the recently announced acquisitions of NEXA and DVO Extremity Solutions. About BioretecBioretec's founders are pioneers in developing and commercializing novel bioresorbable, bioactive, and drug-releasing devices for Orthopedic, Spine, and Cardio Thoracic surgeons. Supported by both extensive intellectual property and experience in bioresorbable materials, Bioretec's ActivaPin™ and ActivaScrew™ fixation systems will be the company's first commercialized products. Additional product platforms for spinal and cardio thoracic applications are in advanced stages of development. For more information regarding Nexa Orthopedics and its novel U.S. product line, visit www.Nexa Orthopedics-us.com. For more information about Bioretec, visit www.bioretec.com. For more information about Nexa Orthopedics, visit www.nexaortho.com. Nexa Orthopedics Contact (Nexa Orthopedics, Eden Prairie, MN) Kirsten Harrison, +1-952-426-7600. Bioretec Contact (Bioretec, Tampere) Risto Penttilä +358 20 778 9500. Download the PDF here |
||||
![]() |
||||