May 15 2012
The Orthopaedic Implant Company (OIC) has announced the launch of its
Pedicle Screw System. The new product line is used for stabilization and
fixation during posterior spinal fusion procedures.
"Our pedicle screw product line represents a simple, intuitive system
that can save hospitals and surgery centers up to $3,000 per fusion
level," said OIC's VP of Business Development Mark Medina. "This is
another demonstration of how we deliver high quality implants at
cost-effective levels while strengthening our position in the
marketplace."
The new system provides surgeons with a full range of implants with
reliable and reproducible results. The system includes poly-axial
pedicle screws, rods and cross connectors for posterior lumbar fusions.
The system's unique set screw design prevents cross threading, and
components are color-coded by size for easy identification.
OIC entered the medical device market in 2010, pledging to save more
than a billion dollars in health care costs by 2015. The company will be
exhibiting at the 10th Annual Orthopedic, Spine and Pain
Management-Driven ASC
Conference June 14 - 16 in Chicago. President Itai Nemovicher will
be presenting the company's new product line and will be available to
discuss OIC's cost-effective approach to working with hospitals and
insurers.
OIC's implants are 50 to 60 percent of the average market price of
premium implants, potentially saving health care systems millions of
dollars a year. High-quality, low-cost implants and products can be used
for a variety of procedures, including treatment of broken bones, lumbar
fusions and joint replacements. All OIC products are FDA approved and
manufactured in ISO 13485 facilities.
Source:
The Orthopaedic Implant Company