Corin Group acquires Australian orthopaedic technology leader and gains technology to help improve component positioning in total hip replacement
Corin Group, a global manufacturer and supplier of orthopaedic devices, has acquired Optimized Ortho, an Australian orthopaedics technology company that specialises in providing surgeons with unique state-of-the-art technologies for optimising orthopaedic implant component positioning and procedural innovation.
The acquisition provides Corin with an IP-protected technology that is the first of its kind within the orthopaedic field. The combination of the Optimized Positioning System (OPS) technology, alongside the company’s strong hip portfolio and rapidly expanding global distribution network, provide a strong foundation for future growth of the company.
The ground-breaking OPS technology enables surgeons to identify, customise and deliver an exact, patient-specific component orientation for hip replacement, designed to optimise biomechanics and functional joint performance.
A simple physical assessment and imaging protocol generates data unique to the patient which is then analysed using patented simulation software to determine their individual kinematic and pelvic motion profile. Implants can be accurately placed to optimise function using a laser-guided alignment system.
Commenting on the announcement, Stefano Alfonsi, Chief Executive Officer of Corin, said: “We are delighted to have the ability to integrate this technology into our compelling product portfolio. We recognise that further improvements in hip replacement require developments around procedural innovation as well as implant design. Our vision for the future will be to lead in the area of personalised healthcare, with a specific focus on individual patient-specific dynamics. The integration of the Optimized Ortho technology into Corin continues to strengthen our position as a fast-moving innovation company that focuses on the needs of patients and surgeons.”
Brad Miles, Chief Technology Officer at Optimized Ortho, added: “We are very excited to be entering into this agreement with one of the most dynamic and proactive global orthopaedic implant organisations. Over the past year we have worked closely with Corin in Australia to combine OPS technology with their leading hip brands, and this deal marks a major milestone in creating a game-changing solution for hip patients worldwide.”
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