LIMA CORPORATE ENTERS INTO AN AGREEMENT FOR DISTRIBUTION WITH ORTHALIGN FOR HANDHELD NAVIGATION DEVICE
San Daniele del Friuli, Udine, Italy – August 6th, 2015 – Lima Corporate announces the completion of a Distribution Agreement with OrthAlign, Inc. for the KneeAlign® 2 Tibial/Femoral handheld navigation device and associated instrumentation within the European Economic Area (EEA) and Switzerland markets excluding Romania. The products will be fully integrated into the Lima portfolio and business units, according to the agreement.
“Lima in less than one year has managed to launch a new knee on the market, Physica System, acquire leading products such as the Zimmer® Unicompartmental High Flex Knee (ZUK) and the VanguardTM Complete Knee System for specific markets, sign an agreement for PSi with Materialise and now close another important agreement with OrthAlign. This confirms that Lima is building a best-in-class platform to provide a complete range of solutions for knee surgeons and their patients” said Luigi Ferrari, CEO of Lima Corporate.
This year, OrthAlign won Frost & Sullivan’s North American Orthopedic Alignment Technology Innovation Award and OrthAlign’s objective has been to empower surgeons with cost-effective handheld navigation products for precision in implant alignment. The company deserves credit for realizing this lofty goal with its game-changing innovation and product design. Its successful visionary innovation is underscored by the efficient performance of its products in various clinical studies.
“We are pleased to partner with Lima in further expanding our award-winning KneeAlign® technology to surgeons and patients throughout the European continent,” said William E. Maya, OrthAlign’s Chief Executive Officer. “There were approximately 540,000 TKAs in Europe during 2014, and this number will likely increase as the population ages, so this is a very important market for us in our international growth strategy. Lima’s forward-thinking vision in providing surgeons with a best-in-class platform of technologies resonated with us and we are honored to be a key part of the offering. Ultimately, we hope it helps to raise the standard of care throughout Europe for TKAs.”
About Lima Corporate
Lima Corporate is a global medical device company providing reconstructive orthopaedic solutions to surgeons who face the challenges of improving the quality of life of their patients. Based in Italy, Lima Corporate is committed to the development of innovative products and procedures to enable surgeons to select ideal solution for every individual patient. Lima Corporate’s product range includes large joint revision and primary implants and complete extremities solutions including fixation.
For additional information on the Company, please visit www.limacorporate.com.
About OrthAlign
OrthAlign is a privately held medical device and technology company, committed to providing orthopedic surgeons with cutting edge, user-friendly, surgical navigation products for precise alignment and positioning. We believe that our technology will raise the standard of care in Total Knee and Total Hip Arthroplasty surgeries by making consistent and measurable results accessible to all surgeons, hospitals, and patients. Our strategy is to leverage this technology to provide simple and precision-driven solutions for a broad range of orthopedic procedures. For more information regarding OrthAlign, please visit www.orthalign.com.
