OrthoPediatrics Announces Latest Screw System Launch In US
Zacks Investment Research | Mar 11, 2020 09:33PM ET
OrthoPediatrics Corp. (NASDAQ:KIDS) announced the limited launch or beta release of its Large Fragment Cannulated Screw System in the United States. Notably, this is the 34th surgical system from the company’s portfolio, which is designed to address the needs of the pediatric population.
Per OrthoPediatrics, its development team collaborated with four pediatric orthopedic surgeons from prominent institutions worldwide on the design of the screw implants and instruments. The medical fraternity believes that the innovative design of the screw system will enable them to overcome challenges in the operating room.
With the limited domestic launch, OrthoPediatrics aims to strengthen its pediatric orthopedic business globally.
Significance of the Launch
The latest screw system, which is available in two variations, will be utilized to address trauma procedures as well as treating children with a condition known as Slipped Capital Femoral Epiphysis (“SCFE”). The company is looking forward to an expanded market adoption from physicians as the screw system will be able to treat a wide array of conditions of bones and large bone fragments.
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