ArthroCare SpeedFix Suture Anchor system granted FDA clearance

ArthroCare Corp. (NASDAQ: ARTC), a leader in developing state-of-the-art, minimally invasive surgical products, has announced that it has received clearance from the U.S. Food and Drug Administration (FDA) for its SpeedFix Suture Anchor system (SpeedFix™). SpeedFix, a push-in anchor made of PEEK (polyether-etherketone) polymer, is designed for the repair of certain tears of the labrum in a shoulder.

SpeedFix anchors, which are double-loaded with ArthroCare's high-strength MagnumWire® suture, provide surgeons with independent bone locking, suture tensioning and suture locking to ensure tissues are securely attached to the glenoid. SpeedFix is expected to complement ArthroCare's broad line of suture anchors and ArthroCare's suture passing technology, including FirstPass™.