This Day On The Street
Continue to site
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

Orthofix International Announces Launch Of VersaShield™ Amniotic Membrane

Orthofix International N.V., (NASDAQ:OFIX) (the Company) announced today the introduction of VersaShield™, a naturally physiologic wound covering for use in both spinal and orthopedic applications. This amniotic allograft tissue form is processed by The Musculoskeletal Transplant Foundation, or MTF.

“We are very excited to be showcasing our second biologic tissue form from MTF this week at the 2012 North American Spine Society meeting,” said President and Chief Executive Officer Robert Vaters. “This launch further demonstrates our commitment to expand our biologic offering, which goes hand in hand with our Value Proposition of providing surgeons a breadth of hardware, biologic, and stimulation solutions. In further collaboration with MTF, we are also excited about our launch next year of Trinity® Elite™, which is the next generation our highly successful Trinity Evolution®.”

Bruce Stroever, CEO of MTF commented, "For more than a century, doctors have used amniotic tissue for a broad variety of clinical applications in such fields as General Surgery, Dental, Ob/Gyn, Ocular Surgery, Spine and Sports Medicine. This is due to the beneficial anti-inflammatory, anti-adhesive, anti-microbial, and non-immunogenic properties of the tissue graft. MTF is pleased to continue our partnership with Orthofix on the introduction of VersaShield™ amniotic membrane in order to make innovative biologic solutions available to all spine and orthopedic surgeons.”

VersaShield™ is an allograft tissue processed from placental tissue recovered from living donors during healthy child births. VersaShield™ can be stored at room temperature and possesses easy handling characteristics. It will be distributed by our spine and orthopedic distribution networks.

About Orthofix:

Orthofix International N.V. is a diversified, global medical device company focused on developing and delivering innovative repair and regenerative solutions to the spine and orthopedic markets. Orthofix’s products are widely distributed around the world to orthopedic surgeons and patients via Orthofix’s sales representatives and its subsidiaries, and via collaborations with other leading orthopedic product companies. In addition, Orthofix is collaborating on R&D activities with leading research and clinical organizations such as the Musculoskeletal Transplant Foundation, the Orthopedic Research and Education Foundation, and Texas Scottish Rite Hospital for Children. For more information about Orthofix, please visit www.orthofix.com.

About the Musculoskeletal Transplant Foundation

The Musculoskeletal Transplant Foundation is the nation’s largest full service tissue organization dedicated to providing high quality tissue through a commitment to excellence in education, research, recovery and care for recipients, donors and their families. A not-for-profit organization, MTF is a consortium of academic medical institutions and organ and tissue recovery organizations across the country. Since MTF’s inception, MTF has maintained an exemplary safety record distributing almost 5 million allografts from nearly 90,000 donors. For more information, please visit MTF’s website at www.mtf.org.

Copyright Business Wire 2010

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Options Profits

Our options trading pros provide over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • Actionable options commentary and news
  • Real-time trading community
SYM TRADE IT LAST %CHG

Markets

DOW 17,730.11 -27.80 -0.16%
S&P 500 2,076.78 -0.64 -0.03%
NASDAQ 5,009.2140 -3.9090 -0.08%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs