Bactiguard-coated Zimmer Biomet trauma implants

  • Home
  • Blog
  • Bactiguard-coated Zimmer Biomet trauma implants receive European regulatory clearance

Bactiguard-coated Zimmer Biomet trauma implants receive European regulatory clearance

Bactiguard-coated Zimmer Biomet trauma implants

Bactiguard-coated Zimmer Biomet trauma implants receive European regulatory clearance

Bactiguard-coated Zimmer Biomet orthopaedic trauma implants received European regulatory clearance and CE mark. Preparations for registering the implants in the U.S. market are also ongoing.

"I am very pleased that the CE mark has been secured for Bactiguard-coated Zimmer Biomet trauma implants. This clearance will pave the way for European market launch in 2021. At the same time, we are preparing for the submission of the U.S regulatory file," says Cecilia Edström, Bactiguard CEO.

The partnership with Zimmer Biomet has the potential to expand Bactiguard's current license business and make a substantial contribution to its recurring license revenues.

Background to Bactiguard's license agreement with Zimmer Biomet
In 2015, a partnership was initiated between Bactiguard and Vigilenz Medical Devices for Bactiguard coated orthopaedic trauma implants, covering the ASEAN region in South East Asia. The implants were CE marked in December 2018 and have been used as a reference in the process of obtaining regulatory clearance for Zimmer Biomet's trauma implants. Vigilenz Medical Devices was acquired by Bactiguard in 2020 and is now a wholly-owned subsidiary.

In September 2019, Bactiguard entered an exclusive, global license agreement for orthopaedic trauma implants with Zimmer Biomet. The agreement included an upfront license fee of USD 3 million, additional contingent payments of USD 2 million based on U.S. regulatory clearance and royalties on net sales following commercialization.

(STOCKHOLM, Jan. 21, 2021 /PRNewswire/Source: Bactiguard Holding AB {publ})



You May Also Like

Zimmer Biomet Names CEO of Dental/Spine Spin-Off: Zimmer Biomet Holdings, Inc. (NYSE and SIX: ZBH), a global leader in musculoskeletal healthcare, today announced that after an extensive search, Vafa Jamali has been appointed as CEO of "NewCo", the independent, publicly traded company that will be created by ... Read More

A new non-surgical treatment to lessen patient’s pain and get them back to their active lifestyles: Miller Orthopedic Specialists introduces MOS Regenerative Medicine Solutions, a non-surgical treatment that uses a patient’s own stem cells to promote healing within. MOS Regenerative Medicine Solutions has multiple types of treatments that... Read More

Driving Orthopaedic Procedure Costs Down: OIC Launches One Procedure, One Price(TM) Initiative: In orthopaedic procedures, commoditized implants are typically the most significant expense. Medical devices companies have put exorbitant price tags on implants and tools differentiated by sales and marketing expenses, not innovative technology... Read More

Syntellix Lauded by Frost & Sullivan for its Bioresorbable Orthopedic Implant: The innovation reduces surgical complications and time in the OR without any major changes to standard procedures - all while decreasing healthcare costs. The MAGNEZIX implant's unique capability of converting metal to bone makes it an ideal implant of the future ... Read More

Trauma Implants Market to Reach 10.14 Billion by 2026: The global Trauma Implants Market size is expected to reach USD 10.14 billion by 2026, exhibiting a CAGR of 4.3% during the forecast period. The increasing prevalence of sports injuries among children and teenagers will contribute significantly to the Trauma Implants Market share in the forthcoming years... Read More

The Coronavirus has increased the focus on healthcare and modern equipment: Globally, no sector has been placed under the magnifying glass more than the healthcare sector due to the Corona pandemic. Hospitals, outpatient clinics, practice-based physicians and care facilities have experienced a sudden increased demand for medical and laboratory technology... Read More

Video of the Week

Video helps you make a human connection with your viewers.