Reno, NV- Businesswire
The Orthopaedic Implant Company (“OIC”) announced today the launch of its Clavicle Plate Solution; the first of several upcoming locking plate and screw sets. The set consists of midshaft, neutral and distal anatomic clavicle plates designed to meet the needs of virtually all fracture patterns of the clavicle. The plates leverage the same locking and cortical screw designs as upcoming OIC upper extremity plates to reduce hardware redundancy while promoting set readiness and efficiency.
The system provides for lag screw fixation for comminuted patterns, non-locking screws to obtain compression across simple patterns and locking fixation in osteopenic bone and multi-fragmentary fracture patterns.
“The clavicle plates are a landmark launch for both OIC and the orthopaedic device market in general. What’s remarkable is despite our sunk cost in R&D, these plates provide the same savings to our customers as our generic trauma products offer- over 50% less than conventional vendors’ pricing,” states Steve Lichtenthal, VP of Business Development. “Yet again, OIC has proven that quality does not need to be compromised in order to lower costs.”
OIC plans on launching their Distal Radius and Proximal Humerus plates in the next couple of months.
OIC entered the medical device market in 2010 with an innovative approach to delivering the highest quality implants at the lowest possible price. OIC implants cost 50 to 60 percent less than the average market price of premium implants, saving health care systems millions of dollars a year. OIC’s high-quality, low-cost implants and products can be used for a variety of procedures, including treatment of orthopaedic trauma and spinal injuries. All OIC products are FDA approved and manufactured in FDA approved facilities. For more information about The Orthopaedic Implant Company please visitwww.orthoimplantcompany.com.