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Inion Ltd

Inion Receives FDA Clearance for Trinion Meniscus Screw

Tampere, Finland (ots/PRNewswire)

Inion, one of the leading
companies in the field of developing biodegradable medical implants,
announces FDA 510(k) clearance of its Trinion(TM) Meniscus Screw for
use in knee cartilage repair. This clearance allows Inion's
Trinion(TM) screws to be marketed and sold in the US, complementing
the previously offered HexalonTM biodegradable cruciate ligament
repair screw, in the world's largest market for sports medicine and
orthopaedic products.
Inion's leading position in biodegradable implants is based on its
proprietary Optima(TM) family of biomaterials, made by blending rigid
and elastic polymer components to create implants with the most
appropriate strength, malleability and degradation profiles to meet
their specific clinical requirements. The carefully tailored polymer
mix allows the Trinion(TM) screw to degrade through normal metabolic
pathways to carbon dioxide and water.
Commenting on the approval, Auvo Kaikkonen, CEO, said: "We are
delighted to receive clearance from FDA for our Trinion(TM) product.
We believe that biodegradable implants will have a significant role
to play in the future of orthopaedics. They have obvious benefits in
many areas, not only for patients but also for surgeons and the
health industry in general. We are confident that our growing range
of products based on our Optima(TM) family of biomaterials will allow
us to compete in the biodegradable implant market globally, assisting
Inion in its pursuit of its ambitious growth targets."
Trinion(TM) screws are used for the fixation of longitudinal
vertical meniscus lesions, where the knee cartilage has torn. The
benefits of the Trinion(TM) screw include a dual thread screw for
optimal fixation with a headless design to allow complete insertion
into the meniscus to avoid chondral lesion development. To aid
surgeons, the screws are coloured to allow improved visibility in
arthroscopic procedures and are cannulated for increased ease of
insertion.
510(k) clearance from the FDA is awarded to medical device
manufacturers prior to commercial distribution in the US. Trinion(TM)
was awarded a CE-mark, the European equivalent of 510(k) clearance in
July 2003. Trinion(TM) will be available in North America through
Inion's sports medicine distributor, Lifeline Biotechnologies, which
currently markets Inion's Hexalon(TM) product for anterior crucial
ligament repair. Trinion(TM) is currently available through
distribution agreements and company sales forces in Germany, Austria,
Finland, Italy, Spain, Greece, Switzerland, Czech Republic.,
Australia, South Africa, UAE, Argentina, Chile and South Korea.
About Inion
Inion Ltd. is a Finnish company specialising in the development of
biodegradable medical implants. Inion's core expertise and technology
lies in the design and manufacture of innovative biodegradable
polymer devices, such as plates, screws, pins and membranes. These
implants are used to enhance the healing of skeletal injuries (bone
and soft tissue), such as those caused by trauma or by reconstructive
surgery. Inion uses expertise in polymer chemistry and surgical
techniques to develop systems with strength and degradation profiles
tailored for each surgical application.
Inion was founded in 1999 by an international team of experts in
biodegradable materials and related clinical applications. The
Company has production and R&D facilities at the corporate
headquarters in Tampere, Finland, and a US office in Oklahoma City,
OK. Inion has developed and launched products in four strategic
business areas - craniomaxillofacial surgery, orthopaedic trauma,
sports medicine and dental surgery - in 35 countries worldwide, and
has a number of international distribution agreements in place,
including Stryker Sales Corporation and Citagenix in North America
and Aesculap in Central Europe.

Contact:

For Further Information: Auvo Kaikkonen, CEO, Inion, Tel:
+358-3-2306612 or Mark Swallow / Emma Timewell, Citigate Dewe
Rogerson, Tel: +44-(0)20-7638-9571