OrthoPediatrics Corp. Expands Specialty Bracing Portfolio with Two New Products
06 December 2024 - 12:05AM
OrthoPediatrics Corp. (“OrthoPediatrics” or the “Company”) (Nasdaq:
KIDS), a company focused exclusively on advancing the field of
pediatric orthopedics today announced that the OrthoPediatrics
Specialty Bracing (OPSB™) division is expanding its product
offering with the launch of two new products including the OPSB
Sensor System and MOVE-D™.
The OPSB Sensor System represents the first
sensor solution in OrthoPediatrics’ portfolio and an important step
forward in the broader strategy around brace monitoring through the
use of advanced sensor technology. For over 10 years,
OrthoPediatrics’ wholly owned subsidiary, Boston Orthotics &
Prosthetics has been at the forefront of utilizing thermal sensors
in scoliosis braces based on published reports showing the direct
correlation between brace wear time and success and improved wear
time when a sensor is utilized in a brace. This game-changing
Bluetooth connecting sensor automatically uploads data to an
interactive App that awards stars and trophies for reaching wear
time goals. The data is stored in a password protected cloud-based
platform, allowing for remote monitoring by healthcare providers
with downloadable reports.
In addition, OPSB also announced it has entered
into license and supply and distribution agreements with Innovation
Lab to bring the MOVE-D™ brace to market. Move-D™ is a simple and
elegant mechanical elbow brace that stabilizes tremors in the
dominant upper extremity to improve the performance of Activities
of Daily Living (ADL) for pediatric patients with movement
disorders.
OrthoPediatrics Specialty Bracing division
President Joe Hauser commented, “We are excited that we continue to
introduce new products that better support children and further
expand the innovative solutions we offer through the OPSB channel.
The team has been working with key opinion leaders from the surgeon
community to identify new technologies that help children without
going into the Operating Room, and both the OPSB Sensory System and
MOVE-D represent opportunities to do so. Our partnership with
Move-D represents the newest collaboration with other remarkable
organizations focused on helping kids, advancing our shared
commitment to advancing the field of pediatric orthopedics.”
About OrthoPediatrics
Corp.Founded in 2006, OrthoPediatrics is an orthopedic
company focused exclusively on advancing the field of pediatric
orthopedics. As such it has developed the most comprehensive
product offering to the pediatric orthopedic market to improve the
lives of children with orthopedic conditions. OrthoPediatrics
currently markets over 70 products that serve three of the largest
categories within the pediatric orthopedic market. This product
offering spans trauma and deformity, scoliosis, and sports
medicine/other procedures. OrthoPediatrics’ global sales
organization is focused exclusively on pediatric orthopedics and
distributes its products in the United States and over 70 countries
outside the United States. For more information, please visit
www.orthopediatrics.com. For more information about the DF2® Brace
and OrthoPediatrics’ Specialty Bracing portfolio, please
visit https://opsb.com/.
Investor ContactPhilip Trip
TaylorGilmartin Groupphilip@gilmartinir.com415-937-5406
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