Start-Up Previews, January 2014
This Month's Profile Group, New Technologies Drive Growth In Orthopedic Extremities, features profiles of Cartiva, Conventus Orthopaedics, and Nextremity Solutions. Plus these Start-Ups Across Health Care: Arvinas, Flower Orthopedics, ImmunGene, and NeuroRecovery Technologies.
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The Cartiva synthetic cartilage implant from Cartiva Inc. is mostly water; hence, the hydrogel polymer mimics physical properties of human cartilage. The company is initially focusing on repairing cartilage defects in ankles and feet, specifically the metatarsophalangeal joint at the base of the great toe, to relieve arthritis pain.
Nextremity Solutions Inc. is focusing on devices for the forefoot – treatments for hammertoes and bunions, for example – which, with a projected growth rate of 13% is the fastest growing sector of the foot and ankle market and one of the fastest growing in orthopedic surgery.
Entering a market dominated by invasive metal plates and screws, the founders of Conventus Orthopaedics Inc., who came from the cardiovascular industry, have adapted the concept of minimally invasive self-expanding stents to the problem of treating distal radius fractures, the most common fracture of the forearm.