OR AKIVA, Israel, April 3, 2012 /PRNewswire/ --
Expanding Orthopedics Inc. announced today that the United States Patent and Trademark Office (USPTO) has granted a Patent for its novel expandable device for the treatment of Vertebral Compression Fractures, based on the company's expanding platform technology.
Dr. Mark Levy, an orthopedic surgeon and Founder of Expanding Orthopedics, explained that "this new device will be a step forward in the treatment of vertebral compression fractures. The device is expected to offer numerous advantages over current devices and techniques with its multi-dimensional expansion, by enabling a unilateral, minimal invasive approach as well as anatomical fit for better load support and height maintenance. Dr. Levy said that "the versatility of the system will enable the surgeons an increased flexibility with different treatment options."
Mr. Ofer Bokobza, CEO, commented that "we are very pleased by this new addition to our extensive IP portfolio. We are committed to drive innovation in this space and our strong patent portfolio of 11 granted US patents so far and many others in the queue, underscores our vision and leadership in the space of expanding devices technology." Mr. Bokobza added that "we are developing our product pipeline and with this new device technology planning to launch multiple products in the near future following our success with the launch of the XPED Expanding Pedicle Screw System into the European market last year."
About Expanding Orthopedics Inc.
Expanding Orthopedics Inc. is a privately owned company whose mission is to develop innovative orthopedic products that augment the natural healing process of the body, preserve healthy bone and improve long-term patient outcome. The Company is spearheaded by seasoned management team with proven industry experience, and is backed by prominent spine surgeons from the US and Europe. EOI owns a broad patent portfolio covering the CE Marked XPED Expandable Pedicle Screw System and additional spine and orthopedic applications.
David Elkaim, VP Marketing and Sales
SOURCE Expanding Orthopedics Inc.