OrthoPediatrics Corp. Enhances Product Offering with Upgraded PediLoc® Femur Plate System
WARSAW, Ind., Nov. 27, 2018 (GLOBE NEWSWIRE) — OrthoPediatrics Corp. (NASDAQ: KIDS), a company exclusively focused on advancing the field of pediatric orthopedics, announced today the U.S. launch of its new PediLoc® Femur Plate System. Building on the success of the existing PediLoc franchise, this upgraded offering boasts a lower profile screw to minimize soft tissue irritation, new locking drill guides, which simplify screw hole drilling and screw placement, and new 4.5mm straight locking compression plate options.
The breadth of this product offering allows surgeons to appropriately address multiple indications in patients with varying skeletal maturity levels by utilizing a plate that accurately fits the femur. Further, the enhanced system is configured for increased hospital and operating room synergy by utilizing OP’s existing core systems.
Joe Hauser, Vice President of Trauma & Deformity Correction, commented, “We are proud of our commitment to delivering innovative products to pediatric orthopedic surgeons. Our commitment to improve our legacy systems while also introducing new surgical systems demonstrates our dedication to providing superior surgical solutions for children. The PediLoc franchise is an important aspect of our business, and this enhanced system will provide our customers with new and improved implant options.”
About PediLoc Femur
The PediLoc Femur Locking Plate System is indicated for the treatment of pediatric femur fractures and osteotomies. The anatomic design of the stainless steel plates eliminates the need for intraoperative bending and contouring, while also providing superior fixation with either locking or non-locking screws.
About OrthoPediatrics Corp.
Founded in 2006, OrthoPediatrics is an orthopedic company focused exclusively on providing a comprehensive product offering to the pediatric orthopedic market to improve the lives of children with orthopedic conditions. OrthoPediatrics currently markets 25 surgical systems that serve three of the largest categories within the pediatric orthopedic market. This offering spans trauma & deformity, scoliosis, and sports medicine/other procedures. OrthoPediatrics’ global sales organization is focused exclusively on pediatric orthopedics and distributes its products in the United States and 38 countries outside the United States.
Investor Contacts
The Ruth Group
Tram Bui / Emma Poalillo
(646) 536-7035 / 7024
tbui@theruthgroup.com / epoalillo@theruthgroup.com
