Ossium Health, a bioengineering company that established a first-of-its-kind bone marrow banking platform, has entered into a collaborative agreement with Extremity Medical, an orthopedic device company that develops innovative fixation and fusion implants and motion preservation systems for surgeons to treat challenging reconstructions of the hand, wrist, foot, and ankle. This collaborative venture combines Ossium’s expertise in cellular therapeutics with Extremity Medical’s extensive expertise in the orthopedics product sector and a robust network of orthopedic surgeons, hospitals and ambulatory surgery centers.
OssiGraftTM, a revolutionary viable bone matrix (VBM) allograft, is derived from the vertebral bones of organ donors and is intended for use in orthopedic surgery to support the reconstruction or repair of musculoskeletal defects or injuries. Donors for OssiGraft must meet the stringent criteria for both cell therapies and tissue products. The product is derived from a younger donor demographic than other bone allografts on the market and is characterized by a high cancellous bone ratio for optimal bone healing.
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Ossium Health employs rigorous screening, testing, and processing controls, exceeding regulatory requirements. Ossium’s commitment to patient safety extends to the use of a best-in-class decontamination process for the finished product.
“Extremity Medical shares Ossium’s ambition to apply engineering principles in developing creative solutions that enhance human health. With the development of OssiGraft, we’re expanding the impact of each donor’s gift even further and advancing patient care solutions,” remarked Kevin Caldwell, CEO, Co-Founder and President of Ossium Health.
“Extremity Medical has over a decade of experience in providing innovative solutions for the orthopedic surgeon and this partnership with Ossium builds on our tradition of continuously offering the most advanced products to help drive better clinical outcomes,” added Matthew Lyons, CEO of Extremity Medical.
SOURCE : BusinessWire