OrthoPediatrics Announces Exclusive Distribution Agreement with OSSIO for Metal-Free Fixation Technology

M&A · PartnershipProduct / Tech
โดย GlobeNewswire·Read original
Summary · why it matters

OrthoPediatrics Corp. has entered into an exclusive distribution agreement with OSSIO, Inc. to bring OSSIOfiber bio-integrative, metal-free fixation technology to U.S. children’s hospitals nationwide. The implants are made from a proprietary blend of natural mineral fibers that provide initial fixation strength comparable to traditional metal implants and are gradually replaced by the patient’s own bone within 18 to 24 months, leaving no hardware behind. This technology reduces the need for secondary hardware removal surgeries typically required with metal implants, addressing unmet pediatric needs and strengthening OrthoPediatrics’ long-term growth potential. OrthoPediatrics currently markets nearly 90 systems across trauma and deformity, scoliosis, and sports medicine, distributing its products in the United States and over 75 countries.

Impact on stocks 1

Health Care · 1 stocks
Orthopediatrics Corp
KIDS
▲ PositiveDemandrelevance

Exclusive distribution agreement for OSSIOfiber technology expands product portfolio and addresses unmet pediatric needs, likely driving future sales.

Off-coverage companies 1

OSSIO, Inc.Private▲ Positive
Demandrelevance

Exclusive distribution agreement with OrthoPediatrics provides market access to U.S. children's hospitals for its metal-free fixation technology.