OrthoPediatrics Corp. Launches MP+ Bar for Clubfoot
01 Novembre 2023 - 2:17PM
OrthoPediatrics Corp. (“OrthoPediatrics”) (NASDAQ:
KIDS), a company focused exclusively on advancing the field of
pediatric orthopedics, announced today the limited release of the
Mitchell Ponseti Plus Bar (“MP+”) as part of their Specialty
Bracing portfolio for kids with clubfoot. The new MP+ Bar features
several innovations from their traditional Bar, which was
originally launched in 2004. These enhancements include:
- Patented Modular Quick-Clip technology
- Elastomer bumpers on the heels
- An easy adjust bar-lock
- Engraved angle indicators
- Engraved bar measurements
- Increased width range for custom
fit
The company is currently developing the MP Lite
boots & bar system, which will be available in markets outside
the United States.
Joe Hauser, President of Trauma and Deformity
Correction at OrthoPediatrics, added, “I am excited by this launch
out of the OrthoPediatrics Specialty Bracing (“OPSB”) team in
Iowa. This product represents an enhancement over the already
gold-standard Mitchell Ponseti boots & bar system that was
developed by John Mitchell & Dr. Ponseti. I’m confident
our surgeon customers, patients and their parents will be pleased
with the new advantages of the MP+ bar and will look forward to
ongoing innovation from the OPSB team for many years to come.”
In 2022, OrthoPediatrics acquired Iowa-based MD
Orthopaedics, and their custom fit bracing system, which is based
on the Ponseti Technique - the gold standard treatment for
clubfoot. While the treatment of clubfoot will remain a major
focus, OrthoPediatrics plans to continue leveraging internal
resources to launch new innovative products that address the large
unmet needs for specialty bracing within the pediatric orthopedic
market – an expansion of the Company’s Total Addressable Market
which it estimates to be approximately $600 million.
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 53 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.
Investor ContactPhilip Trip
TaylorGilmartin Groupphilip@gilmartinir.com415-937-5406
OrthoPediatrics (NASDAQ:KIDS)
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