Market News
Recent Developments
Product Offerings
- Acumed: Acumed, a global leader in orthopedic and medical solutions, offers the Acutrak 2 Mini, a smaller-diameter Kirschner Wire designed for use in minimally invasive surgeries. The product offers improved fixation options for small bone fragments while reducing soft tissue irritation.
- Stryker Corporation: Stryker, a leading medical technology company, offers SmartLock Hybrid MAX Suture Anchor with Kirschner Wires. This innovative product combines suture anchor technology with Kirschner Wires to provide enhanced fixation in shoulder and extremity surgeries.
- DePuy Synthes: DePuy Synthes, a subsidiary of Johnson & Johnson, offers the Volar Approach Kit for distal radius fractures. The kit includes specially designed Kirschner Wires and instruments to facilitate the fixation of fractures using a volar approach, enabling improved surgical outcomes.
Product Approval, Merger and Expansion
- On September 21, 2023, Tyber Medical, a leader in the medical device industry, announce that they had received U.S. FDA (Food and Drug Administration) and MDR (Medical Device Reporting) clearance for its implantable K-Wires and Steinmann Pins made from 316L Stainless Steel and Titanium alloy Ti6AL4V ELI.
- On January 25, 2023, Paragon 28, Inc., a leading medical device company exclusively focused on the foot and ankle orthopedic market, announced the commencement of a proposed underwritten public offering of 6,500,000 shares of its common stock, consisting of 3,750,000 shares offered by Paragon and 2,750,000 shares offered by certain selling securityholders. Paragon and the selling securityholders also expect to grant the underwriters a 30-day option to purchase up to an additional 562,500 and 412,500 shares of common stock, respectively.
- On January 4, 2023, Orthofix Medical Inc., a medical device company announced the merger of SeaSpine Holdings Corporation, a medical technology company
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