Tampa, FL, Jan. 20, 2023 (GLOBE NEWSWIRE) — Umbra Utilized Applied sciences Group, Inc. (OTC Pink: UATG) (UAT Group) announce at present that its subsidiary, Ossifix Orthopedics has begun a comparative examine with medical doctors throughout six totally different websites. The examine will examine beforehand obtainable conventional strategies and supplies versus The Ossifix Javelin allograft bone pin system.
Preliminary sufferers demonstrated early ambulation with sufferers driving the following day resulting in sufferers being medically launched an estimated 50% quicker. The Javelin pin has proven to totally incorporate and develop into a part of the present bone with out ossification. Sufferers have been launched across the 4-week mark versus 8-10 weeks sometimes want with conventional supplies and processes.
Constructed of choose, high-density, allograft, cortical bone, the proprietary design of the Ossifix Orthopedics Javelin pin ensures inflexible fixation with out pin slip or pirouetting. Ossifix will proceed to construct and increase upon this preliminary success by increasing to further surgical facilities.
Ossifix CEO, Mark Estrada, said: “We’re at present within the means of compiling and analyzing final result information from surgical procedures performed in the course of the latter a part of 2022. We are going to proceed gathering information for the following few months and predict to compile information on roughly 120 sufferers in whole. The examine will report these outcomes from roughly 12 surgeons and examine the Javelin to aggressive metallic product outcomes.”
Ossifix engineers and manufactures 100% allograft bone implants for small bone, extremities, and sports activities medication markets, however have functions within the craniofacial, spine and oral surgical procedure procedures. Resorbable implant expertise is quickly accepted and utilized in at present’s market, each domestically and globally. No regulatory approval is required for implantable fixation engineered from allograft bone. In consequence, limitations to entry into the marketplace for Ossifix Applied sciences implants are minimal.
Ossifixs’ distinctive manufacturing course of and patent pending designs yield an engineered cortical bone implant that gives safe fixation and just about eliminates any allergic or autoimmune reactions related to metallic or plastic/polymer implants. All Ossifix Orthopedics Pin, Screw and Plate Methods are single-use surgical kits with all vital devices for implantation and are based mostly on many years of medical expertise and use within the working room. Our instrumentation is constructed of an eco-friendly, bio-degradable polymer.
Ossifix merchandise are designed for use in hospitals, ambulatory surgical facilities, and specialty clinics. Distribution is scheduled all through North America, and globally in Latin America, Europe, Asia Pacific, in addition to the Center East and Africa. This international market is at present experiencing an estimated progress of 14% per 12 months and is anticipated to succeed in $4.696 billion in gross sales this 12 months.
Umbra Utilized Applied sciences Group Chief Government Officer, Alex Umbra, commented, “Now that the vacations are behind us, the Ossifix workforce has begun ramping up their gross sales and scheduled surgical procedures. I’m inspired with the progress they’ve made and stay up for the outcomes of the comparative examine”.
Ossifix Orthopedics will proceed to fulfill with hospital techniques, surgical facilities and orthopedic surgeons throughout the U.S. with worldwide gross sales slated to start later this 12 months.
For extra details about Ossifix Applied sciences go right here: https://ossifixtech.com/
About Umbra Utilized Applied sciences Group, Inc.
The agency is situated in Tampa Florida and focuses on superior applied sciences throughout many disciplines. UAT Group is a holding firm with pursuits in each private and non-private firms in the course of the early levels of growth in addition to progress levels of firms with a synergistic enterprise mannequin to UAT Group subsidiaries.
For extra data, go to: www.uatgroup.com
Investor and Media Contact: data@uatgroup.com
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