OrthoPediatrics Corp. Enters Distribution Agreement with Ora Medical
06 Novembre 2023 - 2:05PM
OrthoPediatrics Corp. (“OrthoPediatrics”) (NASDAQ:
KIDS), a company focused exclusively on advancing the field of
pediatric orthopedics, announced today the Company has entered into
an exclusive Distribution Agreement with Ora Medical, based in
Montreal, to sell Ora Medical’s gait trainer, The Levity, a device
designed for children with walking difficulties.
The Levity supports a child with an innovative
partial weight bearing mechanism. This allows the child to interact
with the world using their arms, unlocking tons of possibilities.
Its unique design allows each child to receive a personalized
treatment. The Levity comes with versatile features to meet a wide
range of needs: body weight support, harness, speed and direction
of the device are adjustable, and its foldable design offers
ease of transportation. The Levity fits most children between the
ages of 3 and 12.
The Levity supports a child at the waist,
allowing a one-of-a-kind hands-free experience
that reinforces muscles that matter the most for optimal
walking rehabilitation. This opens an entirely new
experience for children and therapists, as the latter can
now fully focus on patient engagement.
Joe Hauser, President of Trauma and Deformity
Correction at OrthoPediatrics, added, “Our new partnership with the
team at Ora Medical is an exciting step in our non-surgical
business. By partnering with great organizations with
world-class technology, we can help more children with orthopedic
conditions around the world. The Levity gait trainer will be
a great addition to our mobility solutions portfolio in the
Specialty Bracing brand.”
Sarah Lambert, CEO and Cofounder of Ora Medical,
expressed, “As we begin to expand beyond Canadian borders, our
partnership with OrthoPediatrics is perfectly timed. Their
established market presence and expertise will facilitate the
distribution of our device, furthering our mission to improve the
mobility of children globally.”
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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