RTI Surgical Inc
RTIX
Real-time BATS EXCHANGE - 08/15 10:00:00 pm
4.525USD
-2.15%

RTI Surgical Inc : Wired News – RTI Surgical Commercially Launches Fortilink(R)-TS and -L IBF Systems with TETRAfuse 3D Technology

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06/14/2018 | 01:21 pm

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LONDON, UK / ACCESSWIRE / June 14, 2018 / If you want access to our free research report on RTI Surgical, Inc. (NASDAQ: RTIX), all you need to do is sign up now by clicking the following link www.active-investors.com/registration-sg/?symbol=RTIX as the Company's latest news hit the wire. On June 12, 2018, the Company announced that it has commercially launched Fortilink®-TS and -L IBF Systems, adding to a growing series of interbody fusion devices featuring proprietary TETRAfuse® 3D Technology. The Fortilink-TS and -L Systems are intended for use in lumbar interbody fusion procedures at one or two adjoining levels in patients with degenerative disc disease. Register today and get access to over 1,000 Free Research Reports by joining our site below:

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Fortilink-L IBF System is Designed to Participate in Fusion without Compromising Mechanical Integrity or Radiographic Visibility

The Fortilink-L IBF System is intended for a lateral transpsoas approach to the lumbar spine, also known as lateral lumbar interbody fusion (LLIF) surgeries. The Fortilink-TS System is intended for traditional posterior approaches known as transforaminal lumbar interbody fusion (TLIF) or bilateral posterior lumbar interbody fusion (PLIF) surgeries. TETRAfuse 3D Technology features a nano-rough surface with antibacterial characteristics, and is designed to participate in fusion without compromising mechanical integrity or radiographic visibility.

Fortilink-L System is the First Osteointegrative, Radiolucent Cage

Joseph O'Brien, Founder of the Washington Spine & Scoliosis Institute at OrthoBethesda, and one of the first surgeons to implant the Fortilink-L device, stated that the Fortilink-L System is the first osteointegrative, radiolucent cage. O'Brien added that while other companies are focusing on titanium, TETRAfuse 3D Technology offers ingrowth features that help the implant to fully integrate with the fusing bone. It also has best-in-class X-ray compatibility, which allows to track patients' progress with more confidence.

RTI Surgical Launched its First Implant Using TETRAfuse 3D Technology in October 2017

On October 25, 2017, the Company commercially launched Fortilink-C IBF System with TETRAfuse® 3D Technology. The Fortilink-C system is the first in a family of devices to incorporate RTI Surgical's TETRAfuse 3D Technology. The Fortilink-C IBF System is the first 3D printed polymer-based, cervical interbody device to incorporate macro, micro, and nano-rough features on the entire implant surface, not just on the endplate surfaces. The Fortilink-C device is designed to allow bony ingrowth on all implant surfaces while maintaining radiolucent and bone-like mechanical properties that surgeons expect.

All Fortilink implants have received 510(k) clearance from the US Food and Drug Administration (FDA).

About TETRAfuse 3D Technology

TETRAfuse 3D Technology is the first 3D printed polymer-based interbody fusion device to incorporate a nano-rough surface that has demonstrated, in a pre-clinical study, more notable trabecular bone ingrowth compared to PEEK and titanium-coated PEEK. TETRAfuse 3D Technology was developed to offer surgeons an interbody material that participates in the fusion process while maintaining bone-like mechanical properties and radiolucent imaging.

About Degenerative Disc Disease (DDD)

DDD describes the natural breakdown of an intervertebral disc of the spine. DDD is not considered a disease, nor is it progressively degenerative. On the contrary, disc degeneration is often the effect of natural daily stresses and minor injuries that cause spinal discs to gradually lose water as the anulusfibrosus, or the rigid outer shell of a disc, weakens. As discs weaken and lose water, they begin to collapse. This can result in pressure being put on the nerves in the spinal column, causing pain and weakness.

About RTI Surgical, Inc.

Headquartered in Alachua, Florida, RTI Surgical is a leading global surgical implant organization providing surgeons with safe biologic, metal, and synthetic-based implants around the world. RTI Surgical's implants are used in sports medicine, general surgery, spine, orthopedic, and trauma procedures, and are distributed in nearly 50 countries. RTI Surgical has four manufacturing facilities throughout the US and Europe.

Stock Performance Snapshot

June 13, 2018 - At Wednesday's closing bell, RTI Surgical's stock dropped 2.08%, ending the trading session at $4.70.

Volume traded for the day: 115.84 thousand shares, which was above the 3-month average volume of 108.95 thousand shares.

Stock performance in the last month ? up 4.44%; previous six-month period ? up 8.05%; and year-to-date - up 14.63%

After yesterday's close, RTI Surgical's market cap was at $298.12 million.

Price to Earnings (P/E) ratio was at 114.63.

The stock is part of the Healthcare sector, categorized under the Medical Appliances & Equipment industry. This sector was flat at the end of the session.

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