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PRESS RELEASES
Contacts: Anthony G. Viscogliosi, Viscogliosi Bros, LLC (212) 583-9700
ext. 101
Chris Storer, Creative Partners (203) 952-6403
SMALL BONE INNOVATIONS LAUNCHES ITS UNVERSAL HAND SYSTEM™ –
A MULTI-USE, MODULAR HAND FIXATION SYSTEM
New York, NY: November 8, 2005 - Small Bone Innovations, LLC (SBI) announced
the market launch today of its SBI Universal Hand System™ that
earlier this year received 510(k) pre-market notification approval from
the U.S. Food and Drug Administration (FDA).
The SBI Universal Hand System™ (UHS) is the first proprietary
product system introduced by the company’s Internal Fixation Business
Unit and was unveiled together with a new wrist plating technology at
presentations given to surgeons attending the annual convention in San
Antonio of the American Society for Surgery of the Hand.
The UHS was organically developed by surgeons in conjunction with the
engineering staff of the former Envision Manufacturing, Inc., one of
three manufacturing companies acquired by SBI during the past year.
The UHS materials platform is ‘cold-worked’ 316L stainless
steel, consisting of three implant modules (1.5 mm, 2.0 mm, and 2.4mm)
with full instrumentation and a K-wire module with color coded titanium
wires in various sizes and styles. The system features low profile plates
in a wide variety of anatomically designed sculptured plates, including
three different “ladder” or H-plates in each of the three
modules and scalloped compression straight L-, T-, and Y-plates that
provide improved contouring ability.
The UHS is designed for use in a wide spectrum of trauma and reconstructive
procedures for the hand. It includes two notable innovations, a low
profile 2.0 mm condylar tined plate for fractures near the joints and
a ‘zigzag’ plate for comminuted phalangeal fractures.
William Seitz, MD – Director of the Cleveland Orthopaedic and
Spine Hospital at Lutheran said: “These technologies represent
a significant advance in the fit and functionality of internal plating
systems due to their ability to reduce capture and hold specific, post-traumatic
hand and wrist fractures.”
Anne Ouellette, MD – Chief of Division of Hand Surgery, University
of Miami Leonard M. Miller School of Medicine said: “I believe
we are entering a new era in internal fixation of the hand. The major
improvements include the use of low profile stainless steel and anatomically
designed implants that add a greater degree of comfort and functionality
than the previous gold standard in fixation.”
Michael J. Simpson, President & COO at SBI, said: “The system
is the first truly modular hand set on the market. With a comprehensive
set of low profile, malleable stainless steel plates and screws, the
system’s anatomical design and caddy packaging respond directly
to surgeon demands for fit, function, convenience and economy.
“Stainless steel is becoming an overwhelming preference among
surgeons that advised SBI during the UHS development phase. Their view
is that the performance of our stainless steel is superior to titanium
in terms of removal and soft tissue reaction, and just as easy to work
with,” he added.
Anthony G. Viscogliosi, Chairman & CEO of SBI, said: “The
SBI Universal Hand System™ is the first major innovation resulting
from our integration of the four companies we acquired. We believe that
this system of plates and screws is technologically superior and represents
the first step in our strategy to make SBI a tightly focused, single
source for surgeons addressing a more astute, demanding patient in their
medical care.”
The UHS is being launched as the signature product of SBI’s internal
fixation range and was presented to surgeons attending last month’s
annual American Society for Surgery of the Hand (ASSH) convention in
San Antonio, Texas (Sept. 22-24).
The company also featured its external fixation, arthroplasty and tissue
technology products at the event, including the sponsorship of four
product demonstration workshops.
The workshops featured demonstrations of the Artelon® CMC-I Spacer
for basal thumb repair; the Avanta rHead™ and rHead™ Recon
with a new radio-capitellum
prosthesis; and a developmental product, the SBI Wrist FIT™ distal
radius plating system.
About SBI
Small Bone Innovations, LLC (SBI) was founded in 2004 by Viscogliosi
Bros. LLC., (VB), the New York-based merchant banking firm that specializes
in the musculoskeletal /orthopedic sector. VB created SBI as the first
company to focus purely on small bone & joint science. By integrating
established companies and professionals in the field, SBI today offers
a broad, clinically proven portfolio of products and technologies to
treat trauma and diseases in small bones & joints.
VB’s acquisitions and technology licenses include: Avanta
Orthopaedics (hand/wrist/elbow arthroplasty and trauma products
– USA); Envision (implant manufacturing –
USA); Actipore™ (porous metal technology –
Canada); Artelon® (biologically active & biodegradable
technology – Sweden); Xtremi-T (resorbable trauma
technology – USA); Fixano, S.A.S. (orthopedics,
trauma and spine products - France).
For more information on SBI visit: www.totalsmallbone.com
About Viscogliosi Bros., LLC
Established by Marc R. Viscogliosi, John J. Viscogliosi and Anthony
G. Viscogliosi in New York City in 1999, VB was the first venture capital/private
equity and merchant banking firm dedicated to the musculoskeletal/orthopedics
sector of the health care industry. Today, VB is a leading independent
firm with a mission to create, build and finance companies founded on
innovations developed by surgeons and uniquely focused on "life
changing" musculoskeletal/orthopedic technologies. VB has worldwide
surgeon, industry and trade relationships and significant financial
expertise in the musculoskeletal/orthopedic sector.
As principals of VB, the Viscogliosi brothers have a combined total
of more than 35 years experience analyzing and investing in the musculoskeletal/orthopedics
sector. The have pioneered innovative financial, strategic and management
initiatives for companies in the sector, from start-up, seed and development
stage all the way to exit, while helping thousands of people lead better
lives through the orthopedic and spinal products marketed and sold by
the companies they have assisted in developing and financing.
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