Orthofix Announces Commercial Partnership with MRIguidance

First radiation-free spine procedures utilizing pre-operative MRI accomplished with the 7D FLASH Navigation System and BoneMRI Expertise

LEWISVILLE, TEXAS, January 18, 2024–(BUSINESS WIRE)–Orthofix Medical Inc. (NASDAQ:OFIX), a number one world spine and orthopedics firm, immediately introduced it has entered into an settlement with MRIguidance to distribute its BoneMRI™ imaging software program within the U.S. The Firm additionally introduced the profitable completion of the world’s first eight instances using BoneMRI software program with 7D’s FLASH^™ Navigation System. BoneMRI creates an artificial CT from an MRI imaging examination with out using dangerous radiation. For the primary time, surgeons, their employees, and sufferers can now profit from utterly radiation-free preoperative imaging and spinal navigation utilizing BoneMRI with the 7D FLASH Navigation System.

“I can now present my sufferers a one-hundred % radiation-free expertise from their pre-op examination by means of the navigation imaging for his or her spine surgical procedure,” mentioned Dr. Jacob Rumley, an orthopedic surgeon with the Heart for Backbone and Orthopedics in Denver, CO. “The hazards of radiation publicity to sufferers, hospital employees and surgeons are very actual. Applied sciences just like the 7D FLASH Navigation System that allow radiation-free navigation are important as we proceed to advance affected person care.”

The 7D FLASH Navigation System makes use of seen gentle to create a three-dimensional picture for surgical navigation in seconds, enabling sooner and extra environment friendly spinal procedures. The one marketed image-guidance system that makes use of novel and proprietary camera-based expertise, coupled with machine-vision algorithms, the 7D FLASH Navigation System eliminates lots of the long-standing frustrations of legacy surgical navigation platforms. The velocity, accuracy and effectivity of machine-vision expertise is meant to offer vital financial worth and decrease radiation publicity for workers and sufferers throughout spinal fusion procedures.

“Our workforce is obsessed with optimizing medical workflows and decreasing radiation publicity to enhance affected person care and doctor security,” mentioned Dr. Beau Standish, President of International Enabling Applied sciences at Orthofix. “Along with eradicating the necessity for pre-operative radiation, this collaborative innovation additionally minimizes the variety of pre-operative scans right down to only one saving the healthcare system each money and time. That is actually revolutionary.”

“We’re excited and proud to see BoneMRI software program enabling and complementing the 7D FLASH Navigation System to supply a totally radiation-free pre- and intra-operative workflow for our sufferers and to guard the surgical workforce,” mentioned Marijn van Stralen, Chief Expertise Officer at MRIguidance. “That is the primary time we have now demonstrated the recurrent use of BoneMRI as an alternative choice to a CT scan. This marks the profitable begin to a fruitful collaboration with Orthofix to ship radiation-free spine surgical procedure.”

To study extra concerning the 7D FLASH Navigation System, please go to SeaSpine.com or 7DSurgical.com.

About Orthofix

Orthofix is a number one world spine and orthopedics firm with a complete portfolio of biologics, revolutionary spinal {hardware}, bone development therapies, specialised orthopedic options, and a number one surgical navigation system. Its merchandise are distributed in roughly 68 nations worldwide.

The Firm is headquartered in Lewisville, Texas and has main workplaces in Carlsbad, CA, with a concentrate on spine and biologics product innovation and surgeon schooling, and Verona, Italy, with an emphasis on product innovation, manufacturing, and medical schooling for orthopedics. The mixed Firm’s world R&D, business and manufacturing footprint additionally consists of services and workplaces in Irvine, CA, Toronto, Canada, Sunnyvale, CA, Wayne, PA, Olive Department, MS, Maidenhead, UK, Munich, Germany, Paris, France and Sao Paulo, Brazil.To study extra, go to Orthofix.com.

About MRIguidance

MRIguidance is a Dutch medical imaging software program firm based in 2016 that leverages the technological potentialities in medical imaging to learn value-based healthcare and to ship security for sufferers and healthcare professionals. The corporate allows radiologists and orthopedic surgeons by offering seamlessly built-in radiation free BoneMRI in common imaging workflows, to visualise and characterize the osseous and comfortable tissue buildings from one imaging examination.

Since 2023 MRIguidance expanded its presence from the EU to additionally serve the U.S. market by means of workplaces in New York and headquarters in Utrecht, the Netherlands.

Ahead-Trying Statements

This information launch could embrace forward-looking statements inside the which means of Part 21E of the Securities Alternate Act of 1934, as amended, and Part 27A of the Securities Act of 1933, as amended. In some instances, you may establish forward-looking statements by terminology comparable to “could,” “will,” “ought to,” “expects,” “plans,” “anticipates,” “believes,” “estimates,” “tasks,” “intends,” “predicts,” “potential,” “proceed” or different comparable terminology. Orthofix cautions you that statements included on this information launch that aren’t an outline of historic information are forward-looking statements which might be primarily based on the Firm’s present expectations and assumptions. Every forward-looking assertion contained on this information launch is topic to dangers and uncertainties that might trigger precise outcomes to vary materially from these expressed or implied by such assertion. Relevant dangers and uncertainties embrace, amongst others: the power of newly launched merchandise to carry out as designed and meant and to fulfill the wants of surgeons and sufferers, together with on account of the dearth of strong medical validation; and the dangers recognized below the heading “Danger Components” in Orthofix Medical Inc.’s Annual Report on Kind 10-Ok for the fiscal 12 months ended December 31, 2022, which was filed with the Securities and Alternate Fee (SEC) on March 6, 2023. The Firm’s public filings with the Securities and Alternate Fee can be found at www.sec.gov. You’re cautioned to not place undue reliance on forward-looking statements, which communicate solely as of the date when made. Orthofix doesn’t intend to revise or replace any forward-looking assertion set forth on this information launch to replicate occasions or circumstances arising after the date hereof, besides as could also be required by legislation.