Bone Solutions Inc., announces a private label licensing agreement with Onkos Surgical covering OsteoCrete® technology — the first FDA (510k) cleared magnesium-based bone void filler in the orthopedic marketplace, designed to assist with bone repair and regeneration
COLLEYVILLE, Texas, Aug. 28, 2019 /PRNewswire/ --Bone Solutions Inc., announces a private label licensing agreement with Onkos Surgical covering OsteoCrete® technology — the first FDA (510k) cleared magnesium-based bone void filler in the orthopedic marketplace, designed to assist with bone repair and regeneration. Onkos intends to distribute and market the products under the GenVie™ brand name. OsteoCrete® is an injectable, moldable solution assisting in the healing and regeneration of bone, with a robust composition that is three times stronger than cancellous bone.1 The FDA has cleared this orthopedic technology for use in bone-related surgical procedures ranging from complex injuries to all musculoskeletal extremities’ trauma cases. “For so many years, the orthopedics industry demonstrated a clear demand for osteogenic implants which mimic properties of the human bone. Prior to OsteoCrete®, calcium-based solutions contributed to bone healing, but with little extended mechanical support,” explains BSI President and CEO, Drew Diaz. “Not only is OsteoCrete® resorbable – it offers excellent bone remodeling during the window of healing with uncompromised strength.” “We are excited to partner with Bone Solutions and the OsteoCrete technology platform. The properties of this unique formulation provide an ideal strength and resorption profile that our customers are looking for. The demands of our patient population require a product that provides a consistent and predictable healing window. We believe the magnesium-based phosphate technology provides an elegant solution for use in certain tumor and complex revision cases and we will plan on launching this product in the coming months under our GenVie brand,” said Patrick Treacy, CEO and Co-Founder of Onkos Surgical. Moving forward, BSI is focused on further development of bioresorbable implants and will continue exploring innovative applications for this unprecedented orthobiologics technology. About Bone Solutions Incorporated About Onkos Surgical Cautions Concerning Forward-Looking Statements 1. Bone Solutions’ Report 755635-01 Rev A, “Static Axial Compression Testing of the OsteoCrete System.” Contact: Sean P. Curry View original content:http://www.prnewswire.com/news-releases/bone-solutions-inc-partners-with-onkos-surgical-for-private-label-licensing-agreement-utilizing-the-osteocrete-platform-technology-300907753.html SOURCE Bone Solutions Inc. |