Nordic Capital has acquired a majority stake in Orchid Orthopedic Solutions, a major design and manufacturing outsourcer in the orthopedic medical device space.
The San Diego–based company touted the system as the only all-internal system indicated for use in segmental bone loss treatment in the tibia and femur resulting from trauma or infection.
Paragon 28 has launched its TenoTac Soft Tissue Fixation System that is designed to give surgeons a simplified option for tendon transfers. TenoTac is able to correct flexor tendon transfers without releasing tissue attachments distally by balancing plantar and dorsal tension.
Conformis is touting results of a study that found that the average overall cost of care was nearly $1,700 less among Medicare patients treated with the company’s customized individually made knee implants.
The medical device industry is seeing all kinds of innovations, but people often overlook the myriad medtech outsourcer technologies making innovation possible. From tiny sensors, magnets and cameras to materials and adhesives that get the job done, contract manufacturers and other suppliers are supporting the medical device industry in myriad ways.