Theranos closes its labs and wellness centers, lays off 340

By , , Contributor

 

Theranos is closing its labs and wellness centers, CEO Elizabeth Holmes announced today in a post on the company blog. And this isn’t a temporary closure: the “approximately” 340 employees running them are out of a job.

“After many months spent assessing our strengths and addressing our weaknesses, we have moved to structure our company around the model best aligned with our core values and mission,” Holmes wrote.

The company pivoted away from working on its closely held “nanotainer” technology to a “miniLab” in August. The boxy device — unveiled at the American Association for Clinical Chemistry conference — collects small samples of blood and urine and then uploads them to a centralized system for further analysis.

And it’s a far cry from what the company, once valued at $9 billion, set out to do. According to several experts whom TechCrunch spoke to at the unveiling, it might not be very innovative, either. Although Theranos didn’t want its new device referred to as a “lab on a chip,” that’s essentially what these experts said the miniLab was. And that has been done.

The new device hinges largely on FDA approval — something Holmes said she’d hoped to fast-track under the emergency use authorization (EUA) for Zika detectors. That plan didn’t go so well, however. The FDA denied  Theranos approval after finding the company failed to use proper patient safety protocols.

 

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Capital Regional Orthopaedic Associates Performs First Meniscus Replacements in New York with NUsurface® Implant

October 05, 2016

ALBANY, N.Y.–(BUSINESS WIRE)–Capital Regional Orthopaedic Associates, an Albany-based orthopedic practice at The Bone and Joint Center, and Active Implants, a company that develops orthopedic implant solutions, today announced that the first meniscus replacement procedures in New York have been performed by Drs. Richard Alfred and Maxwell Alley. Capital Regional Orthopaedic Associates is just one of 10 sites nationwide enrolling patients with persistent knee pain caused by injured or deteriorated meniscus cartilage in the VENUS (Verification of the Effectiveness of the NUsurface® System) clinical trial, which is designed to assess the safety and effectiveness of the investigational NUsurface Meniscus Implant compared to non-surgical standard of care.

East Greenbush resident Tracy Cullum was the first patient to receive the implant in New York. Eight years ago, the 42-year-old and mother of two discovered she suffered a meniscus tear in her left knee after noticing a constant ache and inability to put any weight on her left side. Although she underwent a partial meniscectomy to treat the tear, her knee pain became progressively worse and resulted in a constant limp while walking. With her pain increasing in severity, Cullum went from working out seven days week to having to stop any exercise activities. As a part-time volunteer firefighter, she found it difficult to move any equipment, and her mobility was compromised when responding to an emergency scene.

“There are limited options for patients who experience persistent knee pain following meniscus surgery,” said Dr. Richard Alfred, orthopedic surgeon at Capital Region Orthopaedic Associates and VENUS study investigator. “It is our hope that the NUsurface implant alleviates pain in these patients, allowing them to return to their previous levels of activity, ultimately delaying or avoiding the need for a more invasive knee surgery.”

The meniscus is a tissue pad between the thigh and shin bones. Once it is damaged, the meniscus has a very limited ability to heal. Over 1 million partial meniscectomies (to remove the torn portion of the meniscus) are performed in the U.S. every year, more than the total number of hip and knee replacement surgeries combined. However, many patients still experience persistent knee pain following meniscus partial excision surgery.

It has been nearly three months since Cullum received the implant on July 6 through a small incision in her knee. She completed a six-week rehabilitation program, and she has now returned to daily leisure activities like hot yoga and her work as a volunteer firefighter.

“In the six months before receiving the NUsurface Meniscus Implant, my knee pain had peaked to where I had a constant dull ache and a limp while walking,” Cullum said. “Now my range of motion is improving, and I am ecstatic to be able to resume one of my favorite activities – volunteering together with my husband and children at our local fire department.”

The NUsurface Meniscus Implant has been used in Europe under CE Mark since 2008 and Israel since 2011.

About the Clinical Trial

As part of the process to gain regulatory approval in the U.S., the VENUS (Verification of the Effectiveness of the NUsurface® System) study will enroll approximately 130 patients at orthopedic centers in the U.S., Europe and Israel. Sites in the U.S. include Indiana (Indianapolis), Massachusetts (Boston), New York (Albany, Rochester and New York), North Carolina (Durham), Ohio (Columbus), Tennessee (Memphis) and Virginia (Richmond). Participants who meet study requirements and agree to enter the trial are randomized to receive either NUsurface or non-surgical treatment, which is the current standard of care for patients with persistent knee pain following meniscus surgery. To be eligible for the study, participants must be between the ages of 30 and 75 and have pain after medial meniscus surgery that was performed at least six months ago. To learn more about the VENUS study, please visit or call (844) 680-8951 or visitwww.meniscus-trial.com.

About the NUsurface® Meniscus Implant

In the U.S., the NUsurface® Meniscus Implant, from Active Implants LLC, is an investigational treatment for patients with persistent knee pain following medial meniscus surgery. NUsurface is made from medical grade plastic and, as a result of its unique materials, composite structure and design, does not require fixation to bone or soft tissue. The NUsurface device mimics the function of the natural meniscus and redistributes loads transmitted across the knee joint. It is inserted into the knee joint through a small incision, and patients typically can go home soon after the operation. After surgery, patients undergo a six-week rehabilitation program. NUsurface has been used clinically in Europe since 2008 and Israel since 2011.

About Capital Region Orthopaedic Associates

Capital Region Orthopaedics and their Board-Certified physicians specialize in all Orthopaedic services including: Knee and Hip (Adult Joint Reconstruction), Spine, Neck, Hand, Foot and Ankle, Shoulder and Sports Medicine. The physicians at Capital Region Orthopaedics are among the most experienced and highly trained surgeons in the region.

About Active Implants

Active Implants, LLC develops orthopedic implant solutions that complement the natural biomechanics of the musculoskeletal system, allowing patients to maintain or return to an active lifestyle. Active Implants is privately held with headquarters in Memphis, Tennessee. European offices are in Driebergen, The Netherlands, with R&D facilities in Netanya, Israel. For more information, visitwww.activeimplants.com.

CAUTION Investigational device. Limited by United States law to investigational use.

Note to Editors: Photos of Tracy Cullum are available upon request.

Contacts

Merryman Communications
Joni Ramirez, 323-532-0746
joni@merrymancommunications.com

Trice Medical Receives FDA 510(K) Clearance for mi-eye 2

KING OF PRUSSIA, Pa., Oct. 6, 2016 — (Healthcare Sales & Marketing Network) — Trice Medical announced today that it received 510(k) clearance from the U.S. Food and Drug Administration (“FDA”) for mi-eye 2, a disposable needle with a fully integrated camera that enables physicians to use advanced diagnostic imaging to visualize joint injuries in their clinic. The mi-eye 2 is designed for use in diagnostic and operative arthroscopic and endoscopic procedures to provide illumination and visualization of an interior cavity of the body through either a natural or surgical opening. The mi-eye 2 also provides physicians the ability to inject or aspirate under direct visualization.

The mi-eye 2 is Trice Medical’s second, next-generation FDA-cleared patented technology, which includes improvements that significantly enhance the mi-eye’s resolution, field of view, depth of field and overall visualization.

“Based on feedback we received from our surgeon advisory board, we promptly implemented and pursued FDA clearance for the next-generation mi-eye 2,” said Jeffrey O’Donnell, Sr., President and CEO at Trice Medical. “Our team made dramatic enhancements to the technology of the mi-eye, which reflects our continued commitment to patients by introducing our technology into a medical practice, and working to ensure that the mi-eye technology becomes the standard of care for providing an immediate real-time diagnosis. Our long-term goal is to eliminate the need for MRI exams and enable a quicker road to recovery.”

The Need for New Diagnostic Technology

Currently there are approximately 28,000 orthopedic surgeons seeing 20 million office visits annually for knee-related problems. In addition, there are 12 million visits annually related to shoulder pain. MRI’s are often inconclusive, or result in false readings, which has the potential to lengthen the timeline from diagnosis to recovery. In addition, not every patient is a candidate for MRI. The mi-eye 2 provides a diagnostic modality for every patient, and can provide time-savings to the patient by eliminating the multiple visits associated with an MRI. The mi-eye 2 is unlike any other in-office arthroscopy device on the market today, and provides unparalleled optics with the ease of use of a needle.

About Trice Medical

Trice Medical was founded to fundamentally improve orthopedic diagnostics for the patient, physician, and payor by providing instant, eyes-on, answers. Trice has pioneered and evolved, fully integrated camera-enabled technology that provides a clinical solution optimized for the physician’s office. Trice’s mission is to provide more immediate and definitive patient care, eliminating the false reads associated with current indirect modalities and significantly reduce the overall cost to the healthcare system. Trice Medical’s investors include Safeguard Scientifics (SFE), BioStar Ventures and HealthQuest Capital. For more information, visit www.tricemedical.com; follow us on Twitter, LinkedIn and Facebook; or call 844.643.9300.

Source: Trice Medical

Issuer of this News Release is solely responsible for its content.
Please address inquiries directly to the issuing company.

Carmell Therapeutics New Management Team

PITTSBURGH, Oct. 5, 2016 /PRNewswire/ — Carmell Therapeutics, a biosurgical technology company focused on the development and commercialization of innovative plasma-based bioactive materials, continues to grow and add the necessary management capabilities to advance its products towards US FDA regulatory approval. Carmell’s first product, REPAIR™ Putty, is designed to accelerate bone healing with the first application in long bone fractures.  Future clinical studies are planned to expand the label to include other orthopedic bone applications. The Carmell near-term pipeline also includes REPAIR™ Paste for accelerated soft tissue healing, such as surgical site and chronic wound management.

To successfully advance these programs through the development and commercialization process, Carmell is significantly expanding their senior management capabilities. Joining Randy Hubbell, CEO, and Dr. James Hart, Chief Medical Officer, are:

  • Donna Godward, Chief Quality Officer – Ms. Godward spent most of her career at J&J before retiring as a Chief Quality Officer for J&J’s Medical Device and Diagnostic Business.
  • Stephanie Kladakis, PhD, VP of R&D – Dr. Kladakis brings with her over 14 years of experience in product development, from concept through CE Mark and PMA approvals, and was most recently the VP of R&D for Cohera Medical.
  • Janet Vargo, PhD, VP of Clinical Sciences – Dr. Vargo has extensive experience in designing and executing clinical trials and most recently worked at Mentor, LLC (J&J) as Head of Clinical Development and Regulatory Affairs.
  • Carmell is also expanding the expertise and capabilities of their Board of Directors with the addition of:
  • David Anderson, President and CEO, Orteq Sports Medicine as an independent board member. Mr. Anderson has over 20 years experience as a senior executive in the orthobiologics space. His insights and knowledge will be extremely useful to the Carmell management team as they expand their development pipeline and prepare for commercialization.

“I am very excited to be able to assemble an extremely experienced team of experts that will ensure success for Carmell,” commented Randy Hubbell.

About Carmell Therapeutics

Founded in 2007 as a spin out from Carnegie Mellon University in Pittsburgh, PA, Carmell Therapeutics Corporation is a privately-owned biosurgical technology company focused on the development and commercialization of innovative plasma-based bioactive materials (PBMs). These PBMs contain a concentration of natural regenerative factors that promote healing, reduce complications, and lead to healthcare savings. Utilizing its proprietary cross-linking process, the company has successfully developed multiple PBM formulations such as pastes, putties, scaffolds, plugs and screws, using pooled plasma from healthy donors.  Unlike previous approaches to delivering growth factors to injuries/surgeries, Carmell’s plasma-based devices can be designed to vary the release time of active biologics to accommodate the needs of the body. Carmell’s first product, REPAIR™ Putty, has been designed to treat bone fractures through accelerated bone healing of the fracture and surrounding soft tissues while reducing complications, infections and duration of care. Early human clinical evidence suggests that REPAIR™ Putty is efficacious, safe, consistent and affordable.  Carmell’s proprietary blood plasma-based technology will serve as the foundation for groundbreaking products designed to improve the lives of patients and to reduce the costs of healthcare across variety of surgical procedures.

For more information on Carmell Therapeutics, please visit the Company’s website at http://www.carmellrx.com/

CERTAIN STATEMENTS IN THIS RELEASE ARE FORWARD LOOKING STATEMENTS ABOUT CARMELL’S FUTURE PLANS, OBJECTIVES AND PROJECTED PERFORMANCE.  THESE FORWARD-LOOKING STATEMENTS ARE BASED ON CERTAIN ASSUMPTIONS THAT THE COMPANY BELIEVES ARE REASONABLE, BUT ARE SUBJECT TO KNOWN AND UNKNOWN RISKS AND UNCERTAINTIES. CARMELL MAKES NO REPRESENTATION, WARRANTY OR CLAIM REGARDING THE INFORMATION IN THIS RELEASE OR ANY OF ITS PRODUCTS. ACTUAL RESULTS MAY VARY SIGNIFICANTLY FROM OUR PREDICTIONS AND DEPEND ON KNOWN AND UNKNOWN RISKS.  CARMELL’S PRODUCTS ARE NOT CURRENTLY AVAILABLE FOR SALE OR USE AND HAVE NOT BEEN APPROVED BY THE U.S. FOOD AND DRUG ADMINISTRATION OR ANY COUNTRY’S REGULATORY AUTHORITY.

Logo – http://photos.prnewswire.com/prnh/20161004/415072LOGO

Contact:
Randy Hubbell
rhubbell@carmellrx.com
(215) 688-6196

SOURCE Carmell Therapeutics Corporation

Related Links

http://www.carmellrx.com

ChoiceSpine appoints Christy Cote as Vice President of Biologics

KNOXVILLE, TN, October 5, 2016 – ChoiceSpine, a Knoxville, TN based spinal implant company, today announced it has appointed Christy Cote as Vice President of Biologics. She is a business leader with 14+ years’ experience in stem cell technology, surgical implants, and regenerative therapies. She’s had an award winning sales career and brings with her technical expertise and strategic development focused on developing a Biologics portfolio for ChoiceSpine. Prior to joining, Christy served as Vice President of Biologics of Amendia and Biologics Regional Vice President of Orthofix. She has a Bachelor of Science in Applied Biology with focus in Microbiology from The Georgia Institute of Technology.

 

If you would like more information about ChoiceSpine’s biologics offering please email info@choicespine.com

About ChoiceSpine
ChoiceSpine is a privately held spine company located in Knoxville, TN, and prides itself on providing excellent products and exceptional service to meet the needs of their customers. ChoiceSpine offers a breadth of innovative and surgeon focused systems that are designed to be safe, efficient, and easy-to-use.

IPG and NEXGEN OsteoBiologics Create Innovative Tissue Management Solution

October 05, 2016

ATLANTA–(BUSINESS WIRE)–IPG, the industry-leading provider of Device Benefit Management solutions, today announced a partnership with NEXGEN OsteoBiologics, a medical biologics marketplace with a national distribution network. The agreement, effective October 1 will help provide cost-efficient biologics to partnering health plans, providers and members.

Currently procedures utilizing osteobiologics materials (sports medicine, spine, dermatology, and breast reconstruction, among others) are on the rise, as are the related costs. These cost increases are partially driven by the increasing complexity of these materials, where lack of transparency often creates highly variable and unjustified pricing across the board.

“NEXGEN is excited to partner with IPG. As the nation’s leading Device Benefit Management firm dedicated to improving quality of care while lowering the overall cost of care, IPG was the ideal partner for NEXGEN,” said Steve Carbonara, Co-Founder of NEXGEN. “Working with healthcare facilities, health plans, and providers, we can remove a tremendous amount of cost in the healthcare supply chain while automating much of the process.”

IPG partners with all of the major national and regional health plans across the country to bring transparency and high quality, cost efficient care to their members. As a participating manufacturer in IPG’s Device Benefit Management program, NEXGEN will serve as a direct vendor to IPG’s partnering providers. The relationship between IPG and NEXGEN will allow IPG to manage all aspects of the device acquisition process including purchasing, billing, provider education, manufacturer account management/negotiation etc. which relieves the cash outlay burden among IPG’s facility customers and streamlines the overall facility process therefore saving money and increasing facility profitability.

“IPG continues to partner with innovative companies like NEXGEN that increase value to clinicians and patients while containing escalating healthcare costs,” said Brian Holt, Chief Innovation Officer for IPG. “Relationships like this allow us to actively participate with our health plan partners to truly deliver value-based healthcare to their members.”

“We are unique in that our solutions help align health plans, providers, facilities, members and manufacturers in the delivery of high quality and cost efficient care. We are proud of the network we’ve built together to deliver on our mission,” said Vince Coppola, President & CEO of IPG.

About NEXGEN OsteoBiologics

NEXGEN is a Tissue Bank Intermediary that distributes a full portfolio of biologic products nationally, from Allograft to Synthetics, acting as a one stop shop to clients and partners while delivering state of the art products from human tissue processors and synthetic manufacturers. Through our proprietary 5 Pillars of Biologic Fingerprinting methodology, NEXGEN is providing transparency and removing ambiguity in the purchasing process. NEXGEN provides ‘spend efficiency consulting services’ for healthcare facilities, health plans and providers, locating areas that can be immediately impacted, reducing costs by 15-30% on total annual spend. This Spend Efficiency Product Analysis System (SEPAS) is provided to any facility for free prior to any contracting to ensure proper alignment and expectations for NEXGEN and their client and partners. For more information about NEXGEN, please visit our website atwww.NEXGENosteobiologics.com or call us at 844-639-4363.

About IPG

As the Device Benefit Management leader, IPG delivers a customized, data-driven approach to enable their health plan partners to manage their surgical and implant costs more effectively. Providing true end-to-end solutions for the healthcare industry, IPG serves as a strategic capability for health plans to manage cost and risk in a unique way that drives collaboration between the plan, their healthcare providers, manufacturers and physicians to ensure that patients receive increased access to affordable and innovative life-saving and life-enhancing device-intensive medical therapies. Additionally, IPG’s award-winning analytics platform for implantable procedures delivers transparency to impact the entire health care transaction process and all sites of care. Continued expansion of IPG’s surgical cost management platform will help health plans to deploy programs that will improve their ability to manage risk and deliver actionable information to everyone involved in a patient’s surgical procedure to drive lower costs and high-quality care for consumers. For more information about IPG, call us at 866.753.0046, or visit us on the web at www.ipg.com.

Contacts

IPG
Kerry Lee Perry, 866-753-0046
kperry@ipg.com
or
NEXGEN OsteoBiologics
Steve Carbonara, 844-639-4363 x102
steve@NEXGENosteobiologics.com

Extremity Reconstruction Market is Expected to Reach $3,041 Million by 2022, Globally – Allied Market Research

PORTLAND, Oregon, October 5, 2016 /PRNewswire

A new report published by Allied Market Research, titled,“Extremity Reconstruction Market by Type and Biomaterial – Global Opportunity Analysis and Industry Forecast 2014- 2022″, states that the global extremity reconstruction market was $1,833 million in 2015 and is expected to reach $3,041 million by 2022, growing at a CAGR of 7.5% from 2016 to 2022. Shoulder reconstruction segment, which accounted for more than 70% in 2015, is expected to dominate the global market throughout the forecast period. North America held the leading position in 2015, and is expected to maintain this trend throughout.

The key drivers of the market include increase in incidence of joint disorders such as osteoarthritis & rheumatoid arthritis coupled with growth in geriatric population and global rise in the prevalence of diabetes & obesity. In addition, increase in awareness among patients about the benefits of small joint reconstruction implants and improvement of technology such as development of stemless shoulder implants, reverse shoulder implants, and ankle reconstruction implants that assist in regaining ankle mobility are expected to propel the market growth. However, unfavorable reimbursement scenario and complications associated with extremity reconstruction surgeries hamper the market growth.

Upper extremity reconstruction implants (such as elbow, radius, hand & wrist, and shoulder) was the leading market segment in 2015, due to increase in the incidences of small joint disorders such as arthritis and fracture. She further added. Ankle replacement segment is expected to grow at a CAGR of 17.4%, owing to technological advancements in this segment. Technological innovations in ankle replacement implants have improved ankle motion in contrast to ankle fusion that restricts movement. Natural biomaterials segment is expected to grow rapidly due to their biocompatible and biodegradable properties.

Key Findings of the extremity reconstruction market Study:

  • The shoulder replacement segment generated the highest revenue in 2015, and is projected to grow at a CAGR of 7.3%.
  • Stemless shoulder implants segment is projected to grow rapidly registering a CAGR of 20.0%.
  • Metallic biomaterial dominated the world extremity reconstruction devices market.
  • Total ankle replacement segment is expected grow at a CAGR of 17.4%.
  • In 2015, the U.S. led in the global extremity reconstruction market, accounting for more than 67% share in the overall market.
  • Germany accounted for about one-third share of the European extremity reconstruction market in 2015.
  • Indian extremity reconstruction devices market is expected to grow at a CAGR of 13.7%.

North America accounted for a major share in 2015, and is expected to maintain this trend throughout the forecast period. This is attributed to rise in prevalence of joint disorders coupled with increase in geriatric population, high awareness regarding the benefits of extremity reconstruction devices, favorable reimbursement rates, presence of innovative technologies, and quest for better quality of life in this region. However, the Asia-Pacific region is expected to grow rapidly owing to the presence of ample growth opportunities in terms of unmet medical needs for the treatment of small joint disorders, increase in awareness about the benefits of extremity reconstruction surgeries, and rise in acceptance of advanced technologies.

Some of the key players profiled in the report include DePuy Synthes (a wholly owned subsidiary of Johnson & Johnson), Stryker Corporation, Zimmer Biomet Holdings, Inc., Smith & Nephew plc., Integra Lifesciences Holdings Corporation, Wright Medical Group N.V., Acumed, Inc., Arthrex, Inc., CONMED Corporation, and Skeletal Dynamics LLC.

 

Summary of Similar Reports can be viewed athttps://www.alliedmarketresearch.com/life-sciences/medical-devices-market-report 

 

About Us: 

Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of “Market Research Reports” and “Business Intelligence Solutions”. AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.

We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.

 

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Pankaj Kumar
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United States
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© 2016 PR Newswire

US $5 million granted to spinal cord injury robotics research project

5th October 2016

Studies have shown that activity-based interventions can offer a promising approach to the improvement of motor function following spinal cord injury. Sunil Agrawal, professor of mechanical engineering and of rehabilitation and regenerative medicine at Columbia Engineering (New York City, USA) is at the forefront of research efforts to improve recovery through the development of novel robotic devices and interfaces that help patients retrain their movements.

One of Agrawal’s current projects, “Tethered pelvic assist device (TPAD) and epidural stimulation for recovery of standing in spinal cord injured patients,” has recently won a five-year US$5 million grant from the New York State Spinal Cord Injury Board. The project is a collaboration with co-principal investigator, Susan Harkema, and Claudia Angeli in the Department of Neurological Surgery at the University of Louisville, USA, and Joel Stein, chair of the Department of Rehabilitation and Regenerative Medicine, and Ferne Pomerantz , assistant professor of rehabilitation and regenerative medicine in the Department of Rehabilitation and Regenerative Medicine, both at Columbia University Medical Center (New York City, USA). Agrawal’s focus is on improving the effectiveness of stand/balance training during spinal cord injury rehabilitation by using a unique robotic system—Tethered Pelvic Assist Device (TPAD)—invented in his Robotics and Rehabilitation (ROAR) Laboratory at Columbia Engineering.

Agrawal’s TPAD is a wearable, light-weight cable-driven robot that can be programmed to provide both motion perturbations to the pelvis as well as corrective forces to stabilise it. The Agrawal and Harkema groups will combine their expertise and technologies for balance training of SCI patients during standing.

Harkema’s group at the University of Louisville has pioneered the use of activity-based rehabilitation for spinal cord injury patients and, more recently, the use of epidural stimulation of the lumbosacral spinal cord during stand training of spinal cord injury subjects. Their results show the effectiveness of stand training of spinal cord injury patients by combining epidural stimulation and principles of motor learning. The group has successfully shown this strategy to work with the most severely injured individuals.

Even though these patients are able to stand, they are unable to maintain balance. As a result, they have difficulty in transferring this skill to the activities of daily life.

“We are using this technology for the first time to enhance the effectiveness of balance recovery during stand training of spinal cord injury survivors,” says Agrawal, who has, in the past, received funding from the US National Institutes of Health to work extensively on gait training of stroke survivors by designing robotic exoskeletons that can be worn by patients during training in the rehab clinics. “Robotic exoskeletons are typically designed to assist in training of human movements during the swing phase of the gait, but there are currently no robotic devices that can effectively be used for posture and balance training during standing.”

Agrawal’s TPAD consists of a pelvic belt with multiple cables connected to motors, a real-time motion capture system, and a real-time controller to regulate the tensions in the cables. The device is programmed to provide pelvic forces in any direction and respond to motions of the human body. Its tethers can also be configured to apply symmetric or asymmetric forces on the pelvis, as needed by an intervention. The system design allows placement of motors and pulleys on a frame to achieve cable configurations to be able to apply corrective or perturbative forces on the pelvis in any direction, whether these be up, down, or sideways.

“Our TPAD, along with its extensions, can be used in a variety of interventions during walking or standing,” adds Agrawal, who is also a member of Columbia’s Data Science Institute. “So sensory input, repetition, and challenged behaviour can drive the spinal networks to adapt appropriately and generate functional activation across the level of injury. This functional load bearing and acquisition of balance can have a tremendous impact on the continued health and quality of life of individuals with spinal cord injury.”

In addition to the TPAD grant, Agrawal was honored recently by the American Society of Mechanical Engineering with its Machine Design Award for his “seminal contributions to the design of robotic exoskeletons for gait retraining of stroke patients.”

Ekso Bionics® Launches Ekso GT with Smart Assist

RICHMOND, Calif., Oct. 04, 2016 (GLOBE NEWSWIRE) — Ekso Bionics Holdings, Inc. (EKSO), a robotic exoskeleton company, today announced it recently has shipped the first device incorporating SmartAssist, its next generation gait therapy software, allowing the company to expand the range of patients who can participate in robotic therapy.

The SmartAssist technology, which is currently available for Ekso GT devices in Europe, offers new options to therapists for customizing training in gait and balance. The SmartAssist software allows physical therapists to vary the support of the device for each leg independently – from full power to free walking – and thereby meet the specific needs of patients.  This capability enables the Ekso GT to rehabilitate a larger range of patients, from those too weak to walk to those who are nearly independent.

“SmartAssist has definitely made a change to how we use the exoskeleton and broadened the spectrum of conditions we can use it for,” commented Louis Martinelli, Neurological Physiotherapist at Hobbs Rehabilitation in Winchester, England. “The therapists can now adjust the settings to vary the support we give, not only to the swing phase but the stance phase of gait, giving the participant access to an optimal walking pattern.”

The Ekso GT with SmartAssist is a comprehensive gait therapy tool that can support a broad spectrum of patients.  The technology allows patients to be more actively engaged in their rehabilitation than ever before, enabling more activity with higher intensity than previously possible.

“Ekso GT with SmartAssist software was developed to expand the applications for use within clinics.  The addition of pre-gait exercises have facilitated earlier mobility for some patients who could not have otherwise been mobile and our new FreeGait advanced mode can help patients progress to community ambulation,” commented Thomas Looby, chief executive officer of Ekso Bionics.  “We are excited to offer this as another life changing solution for patients who use our exoskeletons for rehabilitation.”

The SmartAssist software is not yet available in the United States.

About Ekso Bionics®
Ekso Bionics is a leading developer of exoskeleton solutions that amplify human potential by supporting or enhancing strength, endurance and mobility across medical, industrial and defense applications. Founded in 2005, the company continues to build upon its unparalleled expertise to design some of the most cutting-edge, innovative wearable robots available on the market. Ekso Bionics is the only exoskeleton company to offer technologies that range from helping those with paralysis to stand up and walk, to enhancing human capabilities on job sites across the globe, to providing research for the advancement of R&D projects intended to benefit U.S. defense capabilities. The company is headquartered in the Bay Area and is listed on the Nasdaq Capital Market under the symbol EKSO. For more information, visit: www.eksobionics.com.

About Ekso™ GT
Ekso GT is the first FDA cleared exoskeleton cleared for use with stroke and spinal cord injuries from L5 to C7. The Ekso GT with smart Variable Assist™ (marketed as SmartAssist outside the U.S.) software is the only exoskeleton available for rehabilitation institutions that can provide adaptive amounts of power to either side of the patient’s body, challenging the patient as they progress through their continuum of care. The suit’s patented technology provides the ability to mobilize patients earlier, more frequently and with a greater number of high intensity steps. To date, this device has helped patients take more than 55 million steps in over 120 rehabilitation institutions around the world.

Forward-Looking Statements
Any statements contained in this press release that do not describe historical facts may constitute forward-looking statements. Forward-looking statements may include, without limitation, statements regarding (i) the plans and objectives of management for future operations, including plans or objectives relating to the design, development and commercialization of human exoskeletons, (ii) a projection of financial results, financial condition, capital expenditures, capital structure or other financial items, (iii) the Company’s future financial performance and (iv) the assumptions underlying or relating to any statement described in points (i), (ii) or (iii) above. Such forward-looking statements are not meant to predict or guarantee actual results, performance, events or circumstances and may not be realized because they are based upon the Company’s current projections, plans, objectives, beliefs, expectations, estimates and assumptions and are subject to a number of risks and uncertainties and other influences, many of which the Company has no control over. Actual results and the timing of certain events and circumstances may differ materially from those described by the forward-looking statements as a result of these risks and uncertainties. Factors that may influence or contribute to the inaccuracy of the forward-looking statements or cause actual results to differ materially from expected or desired results may include, without limitation, the Company’s inability to obtain adequate financing to fund the Company’s operations and necessary to develop or enhance our technology, the significant length of time and resources associated with the development of the Company’s products, the Company’s failure to achieve broad market acceptance of the Company’s products, the failure of our sales and marketing organization or partners to market our products effectively, adverse results in future clinical studies of the Company’s medical device products, the failure to obtain or maintain patent protection for the Company’s technology, failure to obtain or maintain regulatory approval to market the Company’s medical devices, lack of product diversification, existing or increased competition, and the Company’s failure to implement the Company’s business plans or strategies. These and other factors are identified and described in more detail in the Company’s filings with the SEC. To learn more about Ekso Bionics please visit us at www.eksobionics.com. The Company does not undertake to update these forward-looking statements.

SI-BONE, Inc. Continues Leadership in Clinical Evidence Transparency Initiative Adding INSITE 2-Year RCT Results to Yale University Open Data Access Program

SAN JOSE, Calif., Oct. 5, 2016 /PRNewswire/ — SI-BONE, Inc., a medical device company that pioneered the use of the iFuse Implant System® (“iFuse”), a minimally invasive surgical (MIS) device indicated for fusion for certain disorders of the sacroiliac (SI) joint, announced it has submitted INSITE (Investigation of Sacroiliac Fusion Treatment – NCT01681004) 2-year randomized controlled trial (RCT) data to Yale University’s Open Data Access (YODA) program as part of its ongoing effort to promote data transparency regarding its clinical trials. INSITE is a RCT of MIS SI joint fusion with iFuse compared to non-surgical management.  The trial enrolled 148 subjects at 19 centers in the U.S.  Earlier this year, SI-BONE initiated a partnership with YODA and released 2 year results from a sister study, SIFI (Sacroiliac Joint Fusion With iFuse Implant System), a prospective multicenter clinical trial of SI joint fusion that included 172 subjects treated at 26 U.S. centers.  The goal of the partnership between SI-BONE and YODA is to make data from key clinical trials of sacroiliac joint fusion available to approved researchers to allow secondary analyses of clinical trial data and set a new standard for transparency of clinical evidence in medical devices.

SI-BONE’s iFuse is the only SI joint fusion device with a patented triangular profile that resists joint motion and is supported by more than 45 peer-reviewed publications.  No other SI joint fusion device has peer-reviewed published evidence supporting safety and effectiveness, and iFuse is the only such device commercially available in the United States with an indication statement that includes claims regarding improved pain, patient function and quality of life.

“Interest in clinical trial data-sharing has increased markedly, with several recent editorials in the New England Journal of Medicine on the topic. SI-BONE welcomes independent analysis of its clinical trial data, as it may shed new light on aspects of the treatment procedure. SI-BONE encourages its colleagues in both industry and academia to share their clinical trial data,” said Daniel Cher, MD, Vice President of Clinical Affairs, SI-BONE.

About SI-BONE, Inc.

SI-BONE, Inc. (San Jose, California) is a leading sacroiliac joint medical device company dedicated to the development of tools and products for patients with low back issues related to certain SI joint disorders.  The company develops, manufactures and markets minimally invasive products for the SI joint.  SI-BONE, Inc. received original 510(k) clearance in November 2008 from the Food and Drug Administration (FDA) to market its iFuse Implant System. The CE mark for European commercialization was obtained in November 2010.

The iFuse Implant System is a minimally invasive surgical option that uses titanium implants with a porous surface creating an interference fit designed to help decrease joint motion, and allow for biological fixation to support long-term fusion.  iFuse is the only commercially available SI joint fusion device in the United States with published evidence that demonstrates safety, effectiveness and economic benefits, including three large multicenter prospective studies, two of which are randomized controlled trials (RCTs). Currently, there are more than 45 peer-reviewed publications supporting positive clinical outcomes, safety, biomechanics, and the economic value of iFuse (www.si-bone.com/results).  It is the only SI joint fusion product with a unique FDA clearance recognizing that clinical studies demonstrate improved pain, patient function and quality of life.

The iFuse Implant System is intended for sacroiliac fusion for conditions including sacroiliac joint dysfunction that is a direct result of sacroiliac joint disruption and degenerative sacroiliitis. This includes conditions whose symptoms began during pregnancy or in the peripartum period and have persisted postpartum for more than 6 months.  Clinical studies have demonstrated that treatment with the iFuse Implant System improved pain, patient function, and quality of life.  There are potential risks associated with the iFuse Implant System.  It may not be appropriate for all patients and all patients may not benefit.  For information about the risks, visit: www.si-bone.com/risks

SI-BONE and iFuse Implant System are registered trademarks of SI-BONE, Inc. ©2016 SI-BONE, Inc. All Rights Reserved. 9734.100516 

SOURCE SI-BONE, Inc.