First Ever Pedicle Screw System with Nanotechnology Designation
COLUMBIA CITY, Ind., April 19, 2022 /PRNewswire-PRWeb/ — Nanovis, a technology-driven company committed to discovering unmet clinical needs, developing innovative and enabling solutions, and validating new technologies for clinical and market acceptance, announces subsidiary, Nanovis Spine, achieved record sales for FY 2021, driven by their best-in-class nanotechnology portfolio of interbodies and pedicle screws. The company’s revenue growth has remained strong in 2022 with Q1 performance of 37% over the same period in 2021, the largest period growth in company history.
Following on the success in the spinal implant market with over 13,000 technology products implanted in over 10,000 patients, Nanovis is exploring opportunities to partner their best-in-class nanoVIS Ti Surface Technology™ across the entire $41 billion orthopedic market to include knee, hip, extremity, and trauma.
“nanoVIS Ti Surface Technology™ is our first technology where we discovered an unmet need in the market with implant fixation, developed an innovative and science driven technology to address it, and validated it successfully both clinically and commercially in the market,” said Brian More, Nanovis Chief Executive Officer.
“It is this strategy that helps bring our mission of Enable and Engage to fruition. Seeing the engagement, we have had with physicians and health care providers, that has allowed them to enable patients to engage life again, brings a strong sense of fulfillment to the Nanovis team.”
nanoVIS Ti Surface Technology™ at a glance:
“Nanotechnology enables growth. In an industry facing constant pricing pressures, vendor compression, and commoditization of implants, nanoVIS Ti Surface Technology™ has proven market share and price growth, hospital contract access, formulary carve outs, on label marketing campaigns, and surgeon and sales force excitement,” said Jeff Shepherd, Nanovis Chief Commercial Officer.
To request more information, or discuss specific opportunities, please contact Jeff Shepherd, Nanovis Chief Commercial Officer, at jeff.shepherd@nanovistechnology.com
About Nanovis Nanovis is a technology-driven company committed to discovering unmet clinical needs, developing innovative and enabling solutions, and validating new technologies for clinical and market acceptance. Founded in 2008, Nanovis has become the market leader in nanotechnology used to improve the biological response of orthopedic implants.
Through its subsidiary Nanovis Spine, Nanovis commercialized its proprietary and best-in-class nanoVIS Ti Surface Technology™ on a family of spinal implants to include Open and Minimally Invasive Pedicle Screws (Nano FortiFix®), and PEEK Titanium Hybrid Interbodies (Nano FortiCore®), enhanced with Osteosync, a technology licensed from Sites Medical.
The nanoVIS Ti Surface Technology® platform continues to show promise in pre-clinical studies to be upgraded to an antimicrobial surface in select markets. By combining the fixation and infection fighting benefits from the same surface, the nanoVIS TI Surface Technology platform continues to show promise in pre-clinical studies to be upgraded to an antimicrobial surface in select markets.
In addition to nanoVIS Ti Surface Technology™ for fixation and infection, Nanovis has invented and is developing a next generation antimicrobial technology to fight or prevent localized infections in skin, transcutaneous devices, and orthopedic implants.
Media Contact
Jeff Shepherd, Nanovis Technology, 1 8779076266, jeff.shepherd@nanovistechnology.com
SOURCE Nanovis Technology
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