Exactech Enters Foot & Ankle Space With Vantage System
Zacks Investment Research | Oct 13, 2016 09:33PM ET
Gainesville, FL-based Exactech Inc. (NASDAQ:EXAC) recently announced the first successful surgery using the Vantage Total Ankle System, an exclusive platform in the company’s extremities product-line for treating ankle implants.
The accomplishment of the surgery marked the successful entry of Exactech in the Ankle and Foot market as Vantage is the first product of its kind in the space. Notably, the system got approved by the FDA earlier this year and is expected to be available in markets by 2017.
Exactech has already been a leading platform in knee and hip technologies and is now set to enter the ankle and foot market. Of the recent developments, various studies of the company got featured in the 29th Congress of The International Society for Technology in Arthroplasty (ISTA), a nonprofit organization which promotes public awareness for arthroplasty. All the studies registered accurate and successful results supporting the knee, shoulder and other computer-assisted surgery technologies, enhancing the company’s growth prospects.
Per management, the Vantage platform is highly exclusive as it focuses on both anatomic talar and tibial components with minimal bone resection. In this regard, the main bones of the ankle region are the talus (in the foot), the tibia and the fibula (in the leg). Notably, Vantage is reproducible and operates in a ‘surgeon-friendly technique’.
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