USA – DePuy Synthes, a division of Johnson & Johnson has announced the acquisition of OrthoSpin through its Synthes GmbH affiliate.
OrthoSpin, based in Israel, creates a robot-assisted external fixation system for orthopedic treatments. The platform is used in conjunction with the Maxframe multi-axial correction system from DePuy Synthes, which is an external ring fixation system.
In January of this year, OrthoSpin received FDA clearance for its second generation, robotic, digitally-enabled G2 external fixation system.
According to a press release, the acquisition exemplifies J&J’s efforts to advance medtech innovation, with the company having kept an eye on OrthoSpin for several years.
In a Series A funding round led by J&J in July 2018, OrthoSpin raised US$3 million for the external fixation system. In March 2020, the company also led OrthoSpin’s Series B.
DePuy Synthes introduced its Maxframe system in 2017, and it has recently introduced new frame innovations and next-generation software.
According to company officials, the OrthoSpin acquisition positions DePuy better to serve healthcare professionals and patients during the complex post-surgery recovery period.
Following the completion of the acquisition, DePuy Synthes intends to integrate OrthoSpin and build a supply chain before making the product widely available in the “near future.” The acquisition’s financial terms were not disclosed.
“DePuy Synthes is deeply committed to patients who are in need of deformity correction surgery,” DePuy Synthes Worldwide President of Trauma, Extremities, Craniomaxillofacial and Animal Health, Oray Boston said in the release.
“The acquisition of OrthoSpin clearly demonstrates our strong desire to help these patients navigate their recovery with more confidence and less uncertainty with their strut adjustments.”
Meanwhile, DePuy Synthes has introduced the UNIUM power tool system, which can be used in spine, thorax, and small bone procedures.
The system is designed with ergonomics, dependability, and efficiency in the Trauma setting in mind, and it can be used for small bone, sports medicine, spine, and thorax procedures.
Small bone and trauma surgery rates and complexity have risen over the years, necessitating the development of new devices to address fundamental requirements such as dependable, robust, compact, and ergonomic systems.
Funda Haine, worldwide vice president, power tools, at DePuy Synthes, said: “The UNIUM system significantly enhances our power tools portfolio. We listened closely to input from surgeons and staff, and designed the UNIUM system to meet their precise needs.”
The UNIUM System is made up of two handpieces – a modular device and a dedicated reciprocating saw – as well as a large selection of attachments and cutting tools.
The System comes with an innovative power unit that includes a high-capacity Li-ion battery and an electronic control unit that powers both handpieces.
The power unit is designed to withstand more than 1,000 charging and discharging cycles, extending its lifespan and lowering the cost of repair and waste.
Furthermore, care teams can use an aseptic transfer technique to insert the power unit into the handpieces, limiting its exposure to the stress of cleaning and sterilization processes and promoting a longer lifetime, greater reliability, and improved sustainability.