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OrthoPediatrics Corporation |
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210 N Buffalo St Warsaw, IN 46580 USA phone:(574)-268-6379 fax:(574)-269-3692
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| Symbol |
Private |
| Founded |
2006 |
| Employees |
36 |
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| www.orthopediatrics.com
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| Research Sector |
Medical Devices & Tech |
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| Summary Description |
| Anatomically Appropriate Orthopedic Pediatric Implants, Instrumentation and Biologics |
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| Management |
| Nick A. Deeter, Chairman of the Board, President and Chief Executive Officer; Dr. Peter F. Armstrong, Chief Medical Officer; Terry Schlotterback, President of Spine; David Bailey, Executive Vice President; Greg Odle, General Manager; Gary Barnett, VP of Regulatory and Medical Affairs; Greg Downey, VP of Business Development; Isaac C. Mensah, Chief Financial Officer; Bob von Seggern, VP of Marketing; Thomas Slagle, VP of Quality and Facilities;David Daniels, Director of Design & Technology; Mark Landes, Director of Engineering; Aaron Jimenez, Certified Quality Engineer |
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| Keywords |
| Pediatrics, Bone Fractures, Sports Medicine, Implants, Fibrous Dysplasia, Orthopedics, Advamed |
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| Description |
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OrthoPediatrics Corporation is a bio-science company inventing, designing, developing, producing and distributing innovative and anatomically appropriate orthopedic devices for children and patients of small stature. |
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| Products / Services |
OrthoPediatrics launched 4 implant systems in 2008 and has plans to launch 6 more in 2009, including several that have been designed using the Company's proprietary Pediatric Skeletal Data Repository, which is the largest of its kind in the world. In addition, OrthoPediatrics will launch its much anticipated Quiet Cast Removal System (QCR) in 2009. Unlike current technology which resides in every hospital and surgery center in the United States and uses a loud oscillating blade that is known to burn skin, OrthoPediatrics' QCR generates no heat, virtually no noise and little debris and is considered a disruptive technology.
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| Technology / Differentiation |
| OrthoPediatrics is the first company of its kind solely dedicated to developing anatomically appropriate orthopedic implants, instrumentation and biologics for children suffering from orthopedic conditions. Headquartered in Warsaw, Indiana - "the orthopedic manufacturing capital of the world", OrthoPediatrics has assembled a team of industry experts, advisors and a world-class pediatric surgeon advisory board to accomplish its mission. The Company has innovative products in trauma, joint reconstruction, pediatric spinal deformity, sports medicine and biologics, including several technologies that have been called "game-changing" by the orthopedic community. |
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| Market / Customers |
The current state of the pediatric state of the pediatric orthopedic market is one of unmet needs and frustration among caregivers. Research has shown that roughly $500 million worth of implants go into children in the United States every year with the majority of these products originally designed for adults. In many cases, implants are either modified in the operating room or just made smaller without regard to the anatomical differences found in a growing child. Even in some instances, implants that are designed for the veterinary market are used due to a lack of an appropriate device.
The major orthopedic companies have remained focused on serving the $38.4 billion adult market, whereas the underdeveloped pediatric orthopedic market is $1.7B in the U.S. and roughly $3B globally.
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| Status |
| OrthoPediatrics is currently collaborating with numerous leaders in the pediatric orthopedic community in an effort to bring to market much needed innovation to treat children suffering from orthopedic conditions. The Company has raised significant funds through private investors and is experiencing significant growth. |
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