Corin Group acquire Belgium & Luxemburg large joint business unit of MBA NV

18 October 2017

Corin Group, after the successful acquisition of the Tornier Hip and Knee business is announcing a further European expansion by acquiring the large joint business unit of MBA Belgium & Luxemburg NV.

Over the last 7 years MBA has successfully distributed the Corin portfolio. The team have gone from strength to strength, expanding and developing solid collaborative relationships with key surgeons throughout the countries. The combination of Corin technologies and the MBA team’s passion for orthopaedics will deliver greater value to the Belgium and Luxemburg Orthopaedic community.

Stefano Alfonsi, Chief Executive Officer of Corin commented “With MBA’s, responsive service and solid working relationships they are well placed to engage their attentive audience with Corin’s world leading innovative technologies. We are delighted to welcome the team who are transitioning to Corin from MBA and look forward to building an even stronger surgeon focused organisation.”

Paul Griffin, International Business Director, MBA, commented, “Building on MBA’s success in Belgium & Luxemburg in the recent past,  Corin’s involvement will streamline the representation from MBA and Tornier to a single Corin entity, simplifying the customer experience, and enabling more surgeons to engage with Corin’s Ecosystem of  ground breaking technologies’.”    

About Corin

Since its inception, Corin has led the way in orthopaedic innovation — providing a faster, positive and more assured return to quality of life for people all over the world. Today, as a dynamic, growing, global business, Corin’s approach is revolutionising orthopaedics.

We offer a unique combination of clinically-proven hip, knee, ankle and shoulder solutions and world-leading technologies that enable patients, surgeons and healthcare providers to connect more closely than ever.

The deep insight we gain, understand and share at every stage of the connected orthopaedic experience leads to advanced, patient-specific solutions that exceed expectations, maximise value in healthcare and positively impact lives.

About MBA

MBA is a leading company in the European medical and surgical technology field. Our objective is to create value for the specialist through technology, service and sharing knowledge.

MBA currently has two divisions:

MBA

The Company began by specialising in providing complete solutions for Orthopaedic and Neurosurgeons via a full range of product lines for the following specialities:

  • Knee
  • Hip
  • Shoulder
  • Other joints: Elbow, Hand, Wrist, Foot and Ankle.
  • Tumour and Extremity Reconstruction
  • Biomaterials
  • Spine
  • Trauma

BIOSER

This Division provides solutions for nine surgical specialties: Anaesthesiology, General Surgery, Cardiovascular Surgery, Thoracic surgery, Urology, Gynaecology, Obstetrics, ENT, Plastic Surgery and Emergency Medicine.

Relievant Medsystems Names Ray M. Baker, M.D. as Chief Medical Officer

SUNNYVALE, Calif, Oct. 18, 2017 (GLOBE NEWSWIRE) — Relievant Medsystems, a privately held medical device company that has developed the Intracept® Procedure, a minimally invasive and clinically proven approach for the treatment of chronic low back pain, today announced the appointment of Ray M. Baker, M.D., as Chief Medical Officer. Dr. Baker will report to Relievant’s Chief Executive Officer, Kevin Hykes.

“Ray is an internationally recognized, highly respected clinician bringing over 30 years of pain management expertise and industry leadership to Relievant,” said Kevin Hykes, President and Chief Executive Officer of Relievant Medsystems. “His deep experience as an interventional pain management specialist, and as past president of both the North American Spine Society and the Spine Intervention Society will be instrumental in shaping the commercial introduction of the Intracept® Procedure. We look forward to his contributions as the company enters its next phase of growth.”

As Chief Medical Officer, Dr. Baker will be an integral part of the executive team at Relievant, guiding technology development, clinical research strategy, and commercial initiatives. Prior to joining Relievant, Dr. Baker served as VP & Executive Medical Director at Evergreen Health in Kirkland, WA. He brings both academic and private practice experience to the position, having previously served as a Clinical Professor and Director of Interventional Pain Services at the University of Washington. In addition to presiding over the North American Spine Society and Spine Intervention Society, he has held a number of prominent board and leadership positions within the industry, including serving as the Founding Chairman of the CMS Multi-Society Pain Workgroup, and Chairman of the UnitedHealthcare National Spine Advisory Board.

“I have consulted for Relievant since the company’s inception – the depth, experience and talent of the executive leadership team are extraordinary, and I am thrilled to be on board,” said Dr. Baker. “Throughout my time as a practicing interventionalist, I have had the opportunity to be involved with the development of a number of novel technologies.  The FDA-cleared Intracept Procedure has been built on a foundation of level one evidence and clinical strength. I am acutely aware of how few options are open to these patients and am excited to be part of the team bringing this important new therapy to market.”

About Relievant Medsystems

Founded in 2006 and based in Sunnyvale, California, Relievant Medsystems is a privately held medical device company developing new solutions to improve the quality of life for millions of patients suffering from chronic low back pain. Relievant’s Intracept® System delivers targeted energy into the spine and blocks the transmission of pain signals from the basivertebral nerve (BVN).  This minimally invasive procedure provides orthopedic surgeons, neurological surgeons and interventionalists with a new way to provide clinically proven, lasting pain relief for chronic low back pain.  As with any surgical procedure, there are risks and considerations associated with the Intracept Procedure.  Please see www.relievant.com for a discussion of the risks, contraindications, warnings, precautions and a summary of the pivotal clinical trial data on the device.

FDA has cleared the Intracept System for the following Indications for Use: The Intracept Intraosseous Nerve Ablation System is intended to be used in conjunction with radiofrequency (RF) generators for the ablation of basivertebral nerves of the L3 through S1 vertebrae for the relief of chronic low back pain of at least 6 months duration that has not responded to at least six months of conservative care, and is also accompanied by either Type 1 or Type 2 Modic changes on an MRI.

* Surgical Multi-Center Assessment of RF Ablation for the Treatment of Vertebrogenic Back Pain (SMART)

Contact
Lynn Lewis or Carrie Mendivil
Gilmartin Group
415-937-5402
investors@relievant.com

American Surgical Team Successfully Completes First 3D Printed Titanium and Polymer Sternum Implant Procedure in the United States

October 18, 2017

NEW YORK: On August 2, 2017, an American surgical team conducted a surgery to replace the sternum and partial ribcage of a 20 year-old woman using a custom 3D-printed composite titanium/porous polyethylene implant. It is the first time this technology has been used in the United States and only the second time in the world that a 3D-printed composite sternum and ribcage has been implanted. 

The implant was designed and created for a patient named Penelope Heller by Anatomics, an Australian company that specializes in the manufacture of patient specific implants for surgeons around the world, and was made available to the patient via the United States Food & Drug Administration’s (FDA) Expanded Access (Compassionate Use) Program. Anatomics’ custom 3D printed implants do not have marketing approval in the US. The FDA’s Expanded Access Program provides a path to accessing devices for patients whom the treating physician believes may provide a benefit, but have not received FDA marketing approval.

The surgical team, led by Jeffrey L. Port M.D., attending cardiothoracic surgeon at NewYork-Presbyterian/Weill Cornell Medical Center and professor of clinical cardiothoracic surgery at Weill Cornell Medicine, undertook the operation to revise a prior sternum/ribcage removal and reconstruction conducted in 2014. The patient underwent the original procedure to remove a malignant bone tumor after she was diagnosed with chondrosarcoma, a rare cancer affecting the bones and joints that is resistant to chemotherapy and radiotherapy and requires surgical removal.

In the original resection surgery, the cancer was successfully removed and the previous surgeon created an implant for the patient, using off-the-shelf Gore-Tex (low-density porous polytetrafluoroethylene, or PTFE) and Bone Cement (methyl methacrylate, or MMC). Afterward, the patient was cancer-free but continued to experience pain and issues with breathing that did not improve with time. Online research led the patient to a similar surgery performed in Spain using a custom implant also developed by Anatomics. The patient and her family then worked with the staff at NewYork-Presbyterian/Weill Cornell Medical Center and Anatomics to access the implant under the FDA’s Expanded Access program.

The custom implant was designed using high-resolution CT scans of the patient’s chest that were sent to Anatomics engineers via the secure AnatomicsRx software platform. After Dr. Port reviewed and confirmed the design on-line with the engineers, a biomodel of the patient’s sternum and ribcage was created and a build code was sent to Australia’s Commonwealth Scientific & Industrial Research Organisation’s (CSIRO) 3D printing laboratory, Lab 22. The patient’s custom sternum implant is the second in the world to also use Anatomics’ PoreStar technology, a proprietary porous polyethylene material with bone-like architecture. PoreStar is currently awaiting FDA marketing approval.

The surgical team, led by Jeffrey L. Port M.D., attending cardiothoracic surgeon at NewYork-Presbyterian/Weill Cornell Medical Center and professor of clinical cardiothoracic surgery at Weill Cornell Medicine, undertook the operation to revise a prior sternum/ribcage removal and reconstruction conducted in 2014. The patient underwent the original procedure to remove a malignant bone tumor after she was diagnosed with chondrosarcoma, a rare cancer affecting the bones and joints that is resistant to chemotherapy and radiotherapy and requires surgical removal.

In the original resection surgery, the cancer was successfully removed and the previous surgeon created an implant for the patient, using off-the-shelf Gore-Tex (low-density porous polytetrafluoroethylene, or PTFE) and Bone Cement (methyl methacrylate, or MMC). Afterward, the patient was cancer-free but continued to experience pain and issues with breathing that did not improve with time. Online research led the patient to a similar surgery performed in Spain using a custom implant also developed by Anatomics. The patient and her family then worked with the staff at NewYork-Presbyterian/Weill Cornell Medical Center and Anatomics to access the implant under the FDA’s Expanded Access program.

The custom implant was designed using high-resolution CT scans of the patient’s chest that were sent to Anatomics engineers via the secure AnatomicsRx software platform. After Dr. Port reviewed and confirmed the design on-line with the engineers, a biomodel of the patient’s sternum and ribcage was created and a build code was sent to Australia’s Commonwealth Scientific & Industrial Research Organisation’s (CSIRO) 3D printing laboratory, Lab 22. The patient’s custom sternum implant is the second in the world to also use Anatomics’ PoreStar technology, a proprietary porous polyethylene material with bone-like architecture. PoreStar is currently awaiting FDA marketing approval.

“After my initial resection and reconstruction surgery, I continued to experience breathing issues and pain,” said Ms. Heller. “With a long, active life ahead of me, I wanted to participate in activities that I love fully and without pain. Electing to have this procedure was a big decision, and I’m coming forward to empower other people in the same position.”

Anatomics’ Executive Chairman Paul D’Urso, MBBS (Hons) Ph.D. FRACS said, “Anatomics is humbled by the strength of the thousands of patients we have helped over 25 years since inventing BioModeling technology. The patient’s story is one of many, but what makes it truly remarkable is how the patient and her family, Dr. Port and the staff at  NewYork-Presbyterian/Weill Cornell, Anatomics, and the FDA came together to make this story a reality. It was a group effort that began with the patient’s pursuit of information.”

About Anatomics

Anatomics is an Australian medical device company that has been manufacturing and marketing surgical products to surgeons locally and internationally since 1996. Anatomics pioneered CT scan derived surgical implant technology and was first to market with an innovative, quality product that assists surgeons to produce better surgical outcomes and reduce expensive operating time. For more information, visit http://www.anatomics.com and follow the company on twitter at https://twitter.com/anatomicsrx. 

 

For further information contact: 

(Media) Tiberend Strategic Advisors, Inc

Janine McCargo, Senior Vice President

Telephone: +1 (646) 604-5150

e-mail: jmccargo@tiberend.com

 

Anatomics United States

Dr. Dean Carson, Vice President US Operations

951 Mariners Island Blvd. San Mateo, CA 94404 (CSIRO Office)

Telephone: +1 (415) 806-2599

e-mail: dean.carson@anatomics.com

 

Anatomics Australia

Dr. Paul D’Urso, Executive Chairman

Suite 1, 23-27 Wellington Street, St Kilda, Victoria, 3182, Australia

Telephone: +61 3 9529-8088

e-mail: contact@anatomics.com

Life Spine Announces Alpha Release of the SENTRY™ ALIF Plating System

October 18, 2017

HUNTLEY, Ill.–(BUSINESS WIRE)–Life Spine, a medical device company that designs, develops, manufactures, and markets products for the surgical treatment of spinal disorders today announced the Alpha launch of the SENTRY ALIF Plating System.

SENTRY ALIF is a plating system designed to eliminate the need for posterior stabilization with anterior lumbar interbody fusion. The low profile plate design provides a rigidly stable construct without disturbing surrounding vasculature. An Anterior Lumbar Interbody Fusion prevents the need to disturb the muscles of the lower back potentially reducing post-operative pain and complications.

The SENTRY ALIF system incorporates a Cam style locking mechanism, which provides visual, tactical, and audible feedback to prevent screw back out. This innovative and proven feature allows for easy screw removal and repositioning of the plate for streamlined surgeon usage. SENTRY ALIF has an S1 anchor ledge feature to accommodate L5-S1 surgical procedures, which provides better guidance for proper positioning of the plate.

Mariusz Knap, Vice President of Global Marketing and Business Development noted, “We are thrilled to launch the SENTRY ALIF Plating System and add to our Anterior Lumbar solutions portfolio. We have had great success with predicate devices that incorporate the Cam style locking mechanism. It made perfect sense to add the same technology to an anterior lumbar plate. SENTRY ALIF’s low profile design and multiple plate options strengthen Life Spine’s commitment to providing differentiated products to surgeons and their patients.”

About Life Spine

Life Spine is dedicated to improving the quality of life for spinal patients by increasing procedural efficiency and efficacy through innovative design, uncompromising quality standards, and the most technologically advanced manufacturing platforms. Life Spine, which is privately held, is based in Huntley, Illinois. For more information, please visit: http://www.lifespine.com.

Life Spine is a registered trademark.

Contacts

Life Spine
Mr. Omar Faruqi
Chief Financial Officer
ofaruqi@lifespine.com
847-884-6117

Arthrex Announces Plans for New Surgical Device Manufacturing Facility

NAPLES, FL – October 16, 2017 – Arthrex announced plans Monday to build a state-of-the-art surgical device and implant manufacturing facility in Anderson County, South Carolina.

Construction on the $30 million, 200,000-square-foot facility is scheduled to begin in the first quarter of 2018 with completion by early 2019.

“This investment is part of Arthrex’s global expansion plan to support the growth and development of new and innovative products that help surgeons treat their patients better,” said Andy Owen, Arthrex Vice President of Manufacturing. “It also represents our continued commitment to manufacturing quality products in the United States.”

The Anderson facility will be Arthrex’s fourth U.S.-based manufacturing facility. The others are located in Ave Maria, FL, Santa Barbara, CA and City of Industry, CA.

Arthrex plans to work with Tri-County Technical College in Anderson to develop a strong pipeline of qualified manufacturing personnel, utilizing their in-depth programs and long-standing relationships with institutions like Clemson University that are dedicated to supporting the manufacturing industry.

“Arthrex is pleased to bring its innovative spirit and unique culture to South Carolina and we look forward to leveraging the outstanding work done in the area to prepare future employees for high-level manufacturing jobs,” Owen said.

The construction of the Anderson facility will not affect operations or employees in Southwest Florida or California, and Owen reiterated that Arthrex is committed to its future growth, job creation and investment in Southwest Florida. This includes a significant expansion project at its corporate headquarters in North Naples scheduled to begin in the first quarter of 2018, as well as partnering with community leaders to develop advanced manufacturing training programs in Collier County.

 

About Arthrex

Arthrex Inc., headquartered in Naples, FL, is a global leader in orthopedic product development and medical education for orthopedic surgeons. More than 11,000 products for arthroscopic and minimally invasive orthopedic surgical procedures have been developed by Arthrex and are currently marketed worldwide. For more information, visit www.Arthrex.com.

 

Category: Corporate Press Releases

American Academy of Orthopaedic Surgeons (AAOS) to launch family of orthopaedic registries

ROSEMONT, Ill.Oct. 17, 2017 /PRNewswire-USNewswire/ — The American Academy of Orthopaedic Surgeons (AAOS) today announced plans to create a national family of clinical data registries for a broad range of orthopaedic conditions and procedures. As part of this effort, the American Joint Replacement Registry (AJRR) is integrating into the AAOS effective immediately. The AJRR, a national hip and knee joint replacement registry with 970 participating U.S. hospitals and 40 ambulatory surgery centers, has captured and analyzed data on more than one million procedures since its creation in 2010.

The launch of the new registry program reflects the Academy’s strategic commitment to quality.

“A central group of orthopaedic registries, providing standardized and consistent data, will allow us to optimally measure performance and value, create and recommend informed reimbursement and treatment standards, develop education programs that address practice and treatment deficiencies, and most importantly, continually and collectively improve patient safety, treatment and outcomes,” said AAOS President William J. Maloney, MD.

“We welcome AJRR to our registry family,” added Dr. Maloney. “Their success and standards will serve as the cornerstone of our new program.”

“The Academy and AJRR share a commitment to helping orthopaedic surgeons provide the highest quality musculoskeletal care to patients,” said AJRR Board of Directors Chair Daniel J. Berry, MD.  “This new integration will allow us to expand and enhance our data collection capacity. We look forward to a continuing, seamless relationship with our partners and participating facilities as we move forward.”

Nathan Glusenkamp is the new AAOS director of orthopaedic registries. Glusenkamp previously served as president of provider solutions at FIGmd, a rapidly growing health information technology vendor delivering data liquidity interfaces to medical societies and boards. Prior to joining FIGmd, he oversaw the American College of Cardiology’s PINNACLE Registry, the largest observational outpatient cardiovascular registry in the world.

The AJRR will serve as the hip and knee registries for AAOS, continue to operate business as usual without interruption for existing participating sites, and retain the AJRR name. Additional AAOS registries will launch beginning in mid-to-late 2018, and over the next five years, covering a broad range of conditions and procedures and including data from outpatient and in-patient settings.

More Information about the AAOS
With more than 38,000 members, the American Academy of Orthopaedic Surgeons is the world’s largest medical association of musculoskeletal specialists. The AAOS provides educational programs for orthopaedic surgeons and allied health professionals, champions and advances the highest quality musculoskeletal care for patients, and is the authoritative source of information on bone and joint conditions, treatments and related issues.

Visit AAOS, at:
Newsroom.aaos.org for bone and joint health news, stats, facts, images and interview requests.
ANationinMotion.org for inspirational patient stories, and orthopaedic surgeon tips on maintaining bone and joint health, avoiding injuries, treating musculoskeletal conditions and navigating recovery.
Orthoinfo.org for patient information on hundreds of orthopaedic diseases and conditions. 
Facebook.org/AAOS1

Twitter.com/AAOS1

More information about AJRR
The American Joint Replacement Registry is a multi-stakeholder, independent organization for data collection and quality improvement initiatives for total hip and knee replacements. AJRR’s goal is to optimize patient outcomes through collection of data on all primary and revision total joint replacement procedures in the U.S. Today, the Registry contains more than 1,000,000 procedures from over 8,000 surgeons. For more information about AJRR, visit www.ajrr.net

SOURCE American Academy of Orthopaedic Surgeons

Related Links

http://www.aaos.org

Lamar Alexander and Patty Murray announce bipartisan Senate deal to prop up Obamacare

, USA TODAY/October 17, 2017

WASHINGTON — Democratic and Republican leaders in the Senate announced they have reached a bipartisan deal to shore up the Affordable Care Act health insurance markets for two years while Congress continues to grapple with GOP efforts to replace the law.

Sens. Lamar Alexander, R-Tenn., and Patty Murray, D-Wash., the leaders of the Senate health committee, said Tuesday they have struck a deal for a two-year extension of subsidies for insurance companies to cover low-income clients — subsidies that President Trump canceled last week.

Alexander told reporters the deal would also expand authority for states to experiment with alternative standards for insurance plans that deviate from federal requirements, but it would not do away with the requirement to cover people with pre-existing conditions. The deal would also not eliminate so-called essential health benefits — such as mental health and maternity care — that insurance plans must cover.

Republican efforts to repeal Obamacare ran aground in part because of concerns of both Democrats and Republicans that these provisions would be eliminated.

The agreement would involve a two-year extension of federal payments to insurers that Trump halted last week. Unless the money is quickly restored, insurers and others say that will result in higher premiums for people buying individual policies and in some carriers leaving unprofitable markets.

“This agreement avoids chaos,” Alexander said. “Over the next two years, I think, Americans won’t have to worry about the price of health (insurance) and being able to buy insurance in the counties where they live.”

 

READ THE REST HERE

MiMedx Notified By FDA That It Can Proceed With Phase 2B Investigational New Drug Clinical Trial For Osteoarthritis Of The Knee

MARIETTA, Ga.Oct. 17, 2017 /PRNewswire/ — MiMedx Group, Inc. (NASDAQ: MDXG), the leading biopharmaceutical company developing and marketing regenerative and therapeutic biologics utilizing human placental tissue allografts with patent-protected processes for multiple sectors of healthcare, announced today that the Company has been notified by the Food and Drug Administration (FDA) that its Investigational New Drug (IND) Phase 2B clinical study for osteoarthritis of the knee may proceed.

The clinical study consists of a Phase 2B, prospective, double-blinded, randomized controlled trial of MiMedx’s AmnioFix® Injectable (micronized dehydrated Human Amnion Chorion Membrane), compared to saline placebo in the treatment of knee osteoarthritis. The trial will enroll approximately 318 patients and the Company expects patient enrollment to commence in the next quarter.

In the Company’s press release of September 19, 2017, MiMedx announced that it had filed for this IND Phase 2 to be initiated. In that press release, the Company indicated the IND Phase 2 clinical study objective is to determine the safety and effectiveness of AmnioFix Injectable as compared to the 0.9% Sodium Chloride USP placebo injection control for the treatment of osteoarthritis of the knee. The primary efficacy endpoints of this study will be the change in Visual Analog Scale (VAS) score and the change in Western Ontario and McMaster Universities (WOMAC) osteoarthritis index for patients between baseline and Day 90 between the AmnioFix Injectable group versus the placebo-control group. The primary safety endpoint will be the proportion of product-related Adverse Events, Serious Adverse Events, and Unanticipated Adverse Events during 12 months following injection in the AmnioFix Injectable group versus the placebo-control group.

Parker H. “Pete” Petit, CEO, said, “This knee osteoarthritis study is the fourth IND trial conducted by MiMedx for our AmnioFix Injectable. We are pleased to receive the FDA’s notification that we can proceed with another IND study in the Orthopedic/Sports Medicine area. We are excited about our progress in moving our focus into the biopharmaceutical market, and we look forward to keeping our shareholders apprised on our future study results. Later this year, we will hold a meeting in New York that will include presentations by MiMedx executives and the physicians involved with our various IND studies to better inform analysts and our shareholders of these important activities.”

Bill Taylor, President and COO, stated, “The first two ‘Biologics License Application (BLA) indications for use’ we are currently targeting for AmnioFix Injectable are General Tendonitis and Osteoarthritic Knee Pain, which represent approximately 80% of the more than 15 million injections done each year to treat musculoskeletal pain. We believe the results of our BLA clinical trials and safety profile will demand a price per dose of $1,000 or more. This expands the musculoskeletal degeneration market for our first two BLA products to more than a $12 billion U.S. market opportunity. We believe the non-degenerative aspect and potential reduction in opioid use due to our Amniotic Injectable product will drive significant adoption. We expect the study results to be compelling, and we look forward to the prospects of clinicians utilizing AmnioFix Injectable in the treatment of these debilitating conditions.”

About MiMedx
MiMedx® is the leading biopharmaceutical company developing and marketing regenerative and therapeutic biologics utilizing human placental tissue allografts with patent-protected processes for multiple sectors of healthcare. “Innovations in Regenerative Medicine” is the framework behind our mission to give physicians products and tissues to help the body heal itself.  We process the human placental tissue utilizing our proprietary PURION® Process among other processes, to produce safe and effective allografts.   MiMedx proprietary processing methodology employs aseptic processing techniques in addition to terminal sterilization.  MiMedx is the leading supplier of placental tissue, having supplied over 1,000,000 allografts to date for application in the Wound Care, Burn, Surgical, Orthopedic, Spine, Sports Medicine, Ophthalmic and Dental sectors of healthcare. For additional information, please visit www.mimedx.com.

Important Cautionary Statement
This press release includes forward-looking statements, including statements regarding the Company’s belief that AmnioFix Injectable is an ideal treatment alternative for osteoarthritis of the knee, expectations as to pricing and market opportunity, and expectations that study results will be compelling.  These statements also may be identified by words such as “believe,” “except,” “may,” “plan,” “potential,” “will” and similar expressions, and are based on our current beliefs and expectations. Forward-looking statements are subject to significant risks and uncertainties, and we caution investors against placing undue reliance on such statements.  Actual results may differ materially from those set forth in the forward-looking statements. Among the risks and uncertainties that could cause actual results to differ materially from those indicated by such forward-looking statements include the risk that unexpected results or concerns may arise from data or analysis from our clinical trials; regulatory submissions may take longer or be more difficult to complete than expected; regulatory authorities may require additional information or further studies or may fail to approve or may delay approvals; reimbursement decisions by public and private payers may not occur as expected; and market opportunities may not materialize or may change in the future.  For more detailed information on the risks and uncertainties, please review the Risk Factors section of our most recent annual report or quarterly report filed with the Securities and Exchange Commission.  Any forward-looking statements speak only as of the date of this press release and we assume no obligation to update any forward-looking statement.

SOURCE MiMedx Group, Inc.

Related Links

http://www.mimedx.com

MiMedx Warns Of Fake Emails

MARIETTA, Ga.Oct. 17, 2017 /PRNewswire/ — MiMedx Group, Inc. (NASDAQ: MDXG), the leading biopharmaceutical company developing and marketing regenerative and therapeutic biologics utilizing human placental tissue allografts and patent-protected processes for multiple sectors of healthcare, warned today that certain individuals or entities not associated with the Company are establishing fake email accounts to impersonate executives at the Company.

The Company is aware of at least one instance in which emails were sent by someone using the CEO’s name and a Gmail account that had not, in fact, been set up by that Company executive.  The emails were sent to an analyst who reports on the Company.  The Company warns that any emails purporting to be from Company executives from non-MiMedx email accounts should be viewed skeptically.  The Company encourages anyone who has received a suspicious email to notify the Company.  This type of impersonation is quite unusual, and it is a crime.  The Company has turned the investigation over to the authorities.

Parker H. “Pete” Petit, Chairman and CEO, commented, “We believe this activity is related to the recent short seller attacks on the Company.  This particular group of short sellers continues to resort to ridiculous and unscrupulous means to attempt to do damage to MiMedx.  Of course, their ultimate goal is to depress the price of our stock.  However, by impersonating me in emails to our analysts, with comments that create insecurity relative to our Company’s performance or my ethics and integrity, is reprehensible and unlawful.  We have also seen other indications of unlawful activity.  The Company will continue to quietly go about its investigation of all these issues in a professional manner, and if and when we find violations of laws or regulations, they will be turned over to the proper authorities.”

Petit continued, “Within reason, we will continue to update our website with facts that refute some of the allegations.  However, as we stated, the allegations are becoming quite bizarre and are not relevant to any MiMedx related business processes or relationships.  Reasonable professionals trying to make points that regulators will review will present credible information from credible sources.  That has not happened in our case.”

About MiMedx
MiMedx® is the leading biopharmaceutical company developing and marketing regenerative and therapeutic biologics utilizing human placental tissue allografts with patent-protected processes for multiple sectors of healthcare. “Innovations in Regenerative Medicine” is the framework behind our mission to give physicians products and tissues to help the body heal itself.  We process the human placental tissue utilizing our proprietary PURION® Process among other processes, to produce safe and effective allografts.   MiMedx proprietary processing methodology employs aseptic processing techniques in addition to terminal sterilization.  MiMedx is the leading supplier of placental tissue, having supplied over 1,000,000 allografts to date for application in the Wound Care, Burn, Surgical, Orthopedic, Spine, Sports Medicine, Ophthalmic and Dental sectors of healthcare. For additional information, please visit www.mimedx.com.

Important Cautionary Statement
This press release includes forward-looking statements, including statements regarding the Company’s belief that there is a connection between the establishment of fake email accounts and short sell attacks.  These statements also may be identified by words such as “believe,” “except,” “may,” “plan,” “potential,” “will” and similar expressions, and are based on our current beliefs and expectations. Forward-looking statements are subject to significant risks and uncertainties, and we caution investors against placing undue reliance on such statements.  Actual results may differ materially from those set forth in the forward-looking statements. Among the risks and uncertainties that could cause actual results to differ materially from those indicated by such forward-looking statements include the risk that different or additional facts may be discovered that change conclusions.  For more detailed information on the risks and uncertainties, please review the Risk Factors section of our most recent annual report or quarterly report filed with the Securities and Exchange Commission.  Any forward-looking statements speak only as of the date of this press release and we assume no obligation to update any forward-looking statement.

SOURCE MiMedx Group, Inc.

Related Links

http://www.mimedx.com

Southern Spine Announces “Clinical and Biomechanical Advantages of Interspinous Process Fixation: A Review”

October 17, 2017

MACON, Ga.–(BUSINESS WIRE)–Southern Spine, LLC, an ISO 13485:2003 certified manufacturer of implants and instruments for spinal surgery, announced today the release of a current literature review on the “Clinical and Biomechanical Advantages of Interspinous Process Fixation.” This in-depth review covers the use of interspinous process fixation devices such as their StabiLink®MIS Interlaminar Spinal Fixation System that offer the benefits of fewer intraoperative complications, quicker recovery times and lower adjacent segment disease while providing comparable rigidity, fusions rates and patient-reported outcomes when compared to pedicle screw fixation.

Southern Spine is making this 10-page publication available to anyone who would like a copy. Please email your request to Southern Spine at info@southernspine.net and state that you would like either an electronic or hard copy of this comprehensive literature review and bibliography sent to your attention.

“We have confidence that our latest designs of the Dual Lamina and eZ Lamina StabiLink® Systems with our Laminar-LockTMtechnology offer surgeons and patients one of the best clinical choices for treating their pain and instability without limiting any of their future options,” stated David Field, CEO of Southern Spine. “We believe that choosing an Interspinous Process Fixation device is the best first option for many patients and that our StabiLink® MIS System is the ultimate interlaminar fixation system available.”

The StabiLink® MIS Spinal Fixation System is FDA Cleared and CE Marked and has been successfully used in thousands of clinical procedures. You can get a “Hands On” demonstration of the innovative StabiLink® MIS System at the upcoming 2017 North American Spine Society (NASS) in Orlando, FL, October 25-27 at Booth #229.

www.SouthernSpine.net

Patent Information at http://www.SS-IP.com

StabiLink is a registered trademark of Southern Spine, LLC

PG, Laminar-Lock and Southern Spine Logo are trademarks of Southern Spine, LLC

© 2017 Southern Spine, LLC All rights reserved

Contacts

Southern Spine, LLC
Calder Clay III, 1-478-745-0000
info@SouthernSpine.net