 | |
| Company type | Public |
|---|---|
| Nasdaq: KIDS Russell 2000 Component | |
| Industry | Medical Device, Biotechnology |
| Founded | 2006 |
| Headquarters | , USA |
Area served | Worldwide |
OrthoPediatrics is an American bio-science company engaged in designing, developing, manufacturing, and distributing orthopedic implants and instruments for pediatric issues. [1] It is based in Warsaw, Indiana. [2]
Founded in 2006, OrthoPediatrics is an orthopedic company focused on providing product offerings to the pediatric orthopedic market to improve the lives of children with orthopedic conditions. [3] [4] They currently market 24 surgical systems spanning trauma and deformity, scoliosis and sports medicine among others. [3] [4] [5] They hold exclusive rights to the Hamann-Todd Human Osteological Collection at the Cleveland Museum of Natural History. [6] The company is dedicated to clinical research and education and licensed its name to establish a 501(c)(3) public charity focused on advancements in the field of pediatric orthopedics. [7]
In October 2017, they went public with a common stock of 4,000,000 shares and raised $52 M with $13 per share. [8] [9] [10]
OrthoPediatrics has partnerships with 31 independent distributors selling products to children's hospital in the United States and 34 countries globally.
They signed a license agreement with the Sydney Children's Hospitals Network in 2016 and a partnership agreement with Mighty Oak Medical for FIREFLY Technology in 2017. [11] [12]
OrthoPediatrics holds nine patents for bottom loaded pedicle screw, bone screw, graft fixation, bone screw, surgical connectors and instrumentation, pediatric long bone support or fixation plate, pediatric intramedullary nail, compression bone fragment wire, convertible threaded compression device and its method of use. [13]
Stryker Corporation is an American multinational medical technologies corporation based in Kalamazoo, Michigan. Stryker's products include implants used in joint replacement and trauma surgeries; surgical equipment and surgical navigation systems; endoscopic and communications systems; patient handling and emergency medical equipment; neurosurgical, neurovascular and spinal devices; as well as other medical device products used in a variety of medical specialties.
Orthopedic surgery or orthopedics is the branch of surgery concerned with conditions involving the musculoskeletal system. Orthopedic surgeons use both surgical and nonsurgical means to treat musculoskeletal trauma, spine diseases, sports injuries, degenerative diseases, infections, tumors, and congenital disorders.
Osseointegration is the direct structural and functional connection between living bone and the surface of a load-bearing artificial implant. A more recent definition defines osseointegration as "functional ankylosis ", where new bone is laid down directly on the implant surface and the implant exhibits mechanical stability. Osseointegration has enhanced the science of medical bone and joint replacement techniques as well as dental implants and improving prosthetics for amputees.
Biomet, Inc., was a medical device manufacturer located in the Warsaw, Indiana, business cluster. The company specialized in reconstructive products for orthopedic surgery, neurosurgery, craniomaxillofacial surgery and operating room supplies. In 2015, Biomet became part of the new company Zimmer Biomet.
St. Louis Children's Hospital is a dedicated pediatric hospital in St. Louis, Missouri, and has a primary service region covering six states. As the pediatric teaching hospital for Washington University School of Medicine, St. Louis Children's Hospital offers nationally recognized programs for physician training and research. The hospital has 402 licensed beds, 3,423 employees, 881 physician staff members, and 1,300 auxiliary members and volunteers. The hospital treats infants, children, teens, and young adults aged 0–21.
Vertebral fixation is an orthopedic surgical procedure in which two or more vertebrae are anchored to each other through a synthetic "vertebral fixation device", with the aim of reducing vertebral mobility and thus avoiding possible damage to the spinal cord and/or spinal roots.
Henry Arnold Klyce, Jr. is an American serial entrepreneur who has founded, or co-founded, four successful medical device companies.
Epiphysiodesis is a pediatric orthopedic surgery procedure that aims at altering or stopping the bone growth naturally occurring through the growth plate also known as the physeal plate. There are two types of epiphysiodesis: temporary hemiepiphysiodesis and permanent epiphysiodesis. Temporary hemiepiphysiodesis is also known as guided growth surgery or growth modulation surgery. Temporary hemiepiphysiodesis is reversible i.e. the metal implants used to achieve epiphysiodesis can be removed after the desired correction is achieved and the growth plate can thus resume its normal growth and function. In contrast, permanent epiphysiodesis is irreversible and the growth plate function cannot be restored after surgery. Both temporary hemiepiphysiodesis and permanent epiphysiodesis are used to treat a diverse array of pediatric orthopedic disorders but the exact indications for each procedure are different.
Children's Hospital of Michigan (CHM) is a for-profit, pediatric acute care hospital located in Detroit, Michigan. The hospital has 227 beds and is affiliated with both the Wayne State University School of Medicine and the Michigan State University Medical School. The hospital provides comprehensive pediatric specialties and subspecialties to pediatric patients aged 0–21 throughout eastern Michigan and the Detroit area and is a part of the Detroit Medical Center. The hospital features the only freestanding pediatric Level 1 Pediatric Trauma Center in the Detroit region, 1 of 3 in the state. It is an international provider of pediatric neurology, neurosurgery, cardiology, oncology and diagnostic services including Positron Emission Tomography and MRI.
A child bone fracture or a pediatric fracture is a medical condition in which a bone of a child is cracked or broken. About 15% of all injuries in children are fracture injuries. Bone fractures in children are different from adult bone fractures because a child's bones are still growing. Also, more consideration needs to be taken when a child fractures a bone since it will affect the child in his or her growth.
Internal fixation is an operation in orthopedics that involves the surgical implementation of implants for the purpose of repairing a bone, a concept that dates to the mid-nineteenth century and was made applicable for routine treatment in the mid-twentieth century. An internal fixator may be made of stainless steel, titanium alloy, or cobalt-chrome alloy. or plastics.
Dr. John Francis Sarwark is Martha Washington Foundation Professor of Pediatric Orthopedics at Lurie Children's Hospital; Former Head, Pediatric Orthopedic Surgery, Lurie Children's Hospital; and Professor of Orthopaedic Surgery, Northwestern University's Feinberg School of Medicine in Chicago, Illinois.
Acumed, LLC is a privately owned medical device manufacturer based in Hillsboro, Oregon in the Portland metropolitan area of the United States. Founded in 1988, the company employs nearly 500 people domestically and internationally who design, manufacture, and market orthopedic implants and surgical devices. The company is a subsidiary of Colson Associates, a spin-off of the Marmon Group, a Berkshire Hathaway company.
MAKO Surgical Corp. was a publicly traded medical device company based in Florida. On September 25, 2013, the Board of Directors of Mako Surgical accepted a deal to be acquired by Stryker for $1.65B. The deal closed in December 2013.
Globus Medical, Inc. is a publicly traded medical device company headquartered in Audubon, Pennsylvania, United States. Globus is focused on the design, development, and commercialization of products that enable surgeons to promote healing in patients with musculoskeletal disorders.
Sharad Moreshwar Hardikar is an Indian orthopedic surgeon and the founder of Hardikar Hospital, Pune. He also heads the hospital's charitable trust, the Sushrut Medical Care and Research Society. Hardikar, an honorary fellow of the British Orthopaedic Association, was awarded the fourth highest civilian honour of the Padma Shri, in 2014, by the Government of India.
An orthopedic plate is a form of internal fixation used in orthopaedic surgery to hold fractures in place to allow bone healing and to reduce the possibility of nonunion. Most modern plates include bone screws to help the orthopedic plate stay in place.
Steven B. Haas is chief of the Knee Service at Hospital for Special Surgery (HSS) and has developed multiple innovative surgical techniques and instrumentations to improve and facilitate knee replacements. Haas has been awarded numerous patents for his initiatives. One of Haas's most significant contributions to knee surgery was developing the Minimally Invasive Knee Replacement, which allowed patients to have much smaller scars and speedier recoveries. Haas has been listed on New York magazine's annual "Best Doctors in New York" list since 2007 and has more than 100 orthopedics-related publications. He travels to present on topics pertaining to knee surgery.
Muthana Mithqal Sartawi is a Kuwaiti orthopedic surgeon specialized in joint replacement surgery. He is best known for inventing the Modified Intervastus Approach surgical approach used in total knee replacement surgery. He has operated on notable individuals including Saud bin Fahd Al Saud and was part of the medical team that performed the knee replacement for George W. Bush.
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