Key Developments

In May 2024, Metric Medical Devices, Inc., a company specializing in orthopedic extremity products, received USFDA clearance to market its new LINK Percutaneous Dynamic Compression Bone Fixator in the U.S. The LINK device is designed to offer minimally invasive, continuous dynamic compression for fixing osteotomies, fractures, or arthrodesis. It utilizes shape-changing technology to apply compressive forces through percutaneous bone pins, aiding in bone healing effectively and instantaneously.
In March 2022, Orthofix, a medical device company, disclosed its receipt of 510(k) clearance from the USFDA for the TrueLok Evo Ring Fixation system. This advanced external fixation system, constructed from carbon fiber for enhanced patient comfort, is designed for stabilizing open and closed fractures, as well as correcting bony or soft tissue defects or deformities in both adult and pediatric patients.
In June 2022, Paragon 28, Inc., a medical device company, launched the Monkey Rings Circular External Fixation System, aimed at trauma, deformity correction, and limb salvage in the foot and ankle orthopedic market. This system utilizes external wires and screws to maintain bone alignment, providing stability and preserving soft tissue.
In December 2021, Johnson & Johnson's DePuy Synthes, an orthopedic trauma devices company, announced the acquisition of OrthoSpin, an Israel-based company specializing in robot-assisted external fixation systems for orthopedic treatments. OrthoSpin's platform integrates with DePuy Synthes' Max frame multi-axial correction system, which is an external ring fixation system.