2 August 2016
Corin Group announced today the signing of an expanded distribution agreement with FX Solutions, a privately owned upper extremities technology company based near Lyon, France. This new agreement expands Corin’s distribution of FX Solutions’ shoulder implant system into the fast-growing US market with the Humelock™ II Cementless and Cemented Anatomical and Reversible Shoulder Systems with additional products pending FDA clearance. Previously, the Corin/FX Solutions agreement was limited to Germany and the UK.
“The partnership with FX Solutions creates strong synergies, aligning with Corin’s global portfolio strategy enabling Corin USA to enter the fast-growth upper extremities market.” said Paul Berman, President of Corin USA. “Adding shoulders to our strong hip and knee business will provide greater leverage to our distribution network and allows Corin to offer a more comprehensive solution to surgeons and hospitals.” Russell Mably, Corin’s COO added “Corin will quickly evolve and grow this partnership to expand its existing strong global extremities platform, including Corin’s UK market-leading Zenith™ Total Ankle System.”
FX Solutions’ President and CEO Jean-Jacques Martin commented, “This partnership provides US clinicians access to a contemporary, surgeon-designed shoulder portfolio, which has achieved great success in the European market. Corin is an ideal partner because we share similar core values; including listening to surgeons and letting them determine the best approach to innovation. We look forward to continued success together.”
