neil777
- 06 Nov 2006 16:20
Looks cheap at this price.
and the technology looks sound, one for the future perhaps.
neil777
- 17 Oct 2007 09:22
- 12 of 15
Inion Oy
17 October 2007
New Inion spinal implant system expands portfolio to cover applications across
the entire spine
Inion S-2(TM) biodegradable spinal fusion system receives European regulatory
clearance
Tampere, Finland and Guildford, UK. 17 October 2007...Inion (LSE: IIN.L), a
company focused on the development of novel biodegradable medical implants, has
received CE Mark* from the British Standards Institution (BSI) for its new Inion
S-2(TM) Anterior Lumbar Fusion System.
The new Inion S-2(TM) system is intended for use as a graft containment device
in spinal fusion procedures in the lumbar regions of the spine (lower back) in
combination with rigid fixation. It can also be used in thoracic regions
(mid-to-upper back) meaning that, in addition to the Inion S-1(TM) system (for
applications in the cervical or neck region), Inion now has biodegradable
implants for application over the whole spine.
Furthermore, the new system also incorporates Inion's new radiographic tracer
technology, which allows proper post-operative evaluation of healing at the
operated sites. The technology involves the incorporation of a radiographic
marker at the edges of the plates and on the tips of screws in the form of
dot-like markers, enabling surgeons to view the position of the implants in
post-operative x-ray without interfering with their assessment of the site of
surgery and its healing progress.
Chris Lee, Inion's CEO, said: 'This is an important new product approval for
Inion and significantly enhances our portfolio of biodegradable implants for
spinal applications. With full coverage of the spine for a range of surgical
procedures we believe we have an attractive product offering that will help us
build an increasing presence in the large and rapidly growing spinal implant
market.'
*CE Mark is issued by a number of accredited bodies to medical device
manufacturers prior to commercial distribution in the European Union.
-Ends-
neil777
- 23 Oct 2007 08:08
- 13 of 15
More good news!
Inion Oy
23 October 2007
Inion Receives Regulatory Clearance for Inion BioRestore(TM) Synthetic Bioactive
and Biodegradable Bone Filler Material
510(k) Clearance Received in the USA for Orthopaedic and Spinal Applications
Tampere, Finland and Guildford, UK. 23 October 2007...Inion (LSE: IIN.L), a
company focused on the development of novel biodegradable medical implants, has
received 510(k) regulatory clearance from the US Food and Drug Administration
(FDA) for its newest implant material, Inion BioRestore(TM), for use in
orthopaedic trauma and spinal applications, which represent key areas of focus
for the Company.
Inion BioRestore(TM), which was cleared for use in dental and
cranio-maxillofacial (CMF) applications in September 2007, is a synthetic
bioactive and biodegradable bone grafting substitute material made from
bioactive glass fibres. The material is designed to fill bony voids or gaps in
the skeleton that may result from surgery or from traumatic injury, a market
worth an estimated $158 million in the US in 2007 (see below).
Chris Lee, Inion's CEO, said: 'The bone graft substitute market we are targeting
with this new bioactive and biodegradable material is substantial and one where
innovative materials are increasingly accepted. This latest approval will allow
us to market Inion BioRestore(TM) for applications in spinal and orthopaedic
surgery, which represent by far and away the largest segments of the overall
market.'
Inion BioRestore(TM) is a state-of-the-art biomaterial that can be used alone or
in conjunction with Inion's other biodegradable products, offering many clinical
advantages to surgeons and patients, and will complement the Company's focused
product offering in the orthopaedic trauma and spine areas.
Inion BioRestore(TM) can be cut or shaped precisely to fit the defect and
provides a highly porous scaffold onto which the patient's new bone can grow,
allowing complete repair of the defect. A key property of Inion BioRestore(TM)
material is its bioactivity; in preclinical studies, it demonstrated
osteoconductive and osteostimulative properties, accelerating new bone formation
while gradually degrading over approximately six months to allow bone to fill
the void.
Inion BioRestore(TM) is designed to replace current bone grafting techniques in
certain surgical procedures, where it offers other important advantages,
primarily in that its synthetic origin excludes risks of disease transmission
and overcomes the limitations in quantity and quality of available bone graft.
Inion BioRestore(TM) is also under review in Europe for use in orthopaedic, CMF
and dental applications and Inion expects to receive decisions on these filings
during the second half of 2007. The Company plans to launch Inion BioRestore(TM)
in these markets as soon as possible thereafter.
According to Millennium Research Group and Knowledge Enterprises, the US market
for bone graft substitutes is estimated at $1.5 billion between 2007 and 2011.
The market for synthetic bone graft substitutes is approximately $158 million
and is growing at a compound annual rate of 10%. Bone graft substitutes are
used in the following application areas: spine (approximately 63% of market
value), orthopaedic trauma (17%), dental (17%), reconstructive surgery (i.e.
hips, knees, 2%), cranio-maxillofacial (CMF, 1%) (NB: numbers do not add to 100%
due to rounding). The market outside the US is estimated to be worth 36% of the
US market.
-Ends-
neil777
- 29 Oct 2007 08:25
- 14 of 15
Inion Oy
29 October 2007
Inion Receives Marketing Clearance for Inion BioRestore(TM) Synthetic Bioactive
and Biodegradable Bone Filler Material in Europe
Tampere, Finland and Guildford, UK. 29 October 2007...Inion (LSE: IIN.L), a
company focused on the development of novel biodegradable medical implants, has
received CE Mark* from the British Standards Institution (BSI) for its Inion
BioRestore(TM) bioactive and biodegradable implant material. Inion BioRestore
(TM) has been approved for use in orthopaedic trauma, spine,
cranio-maxillofacial and dental procedures, to fill bony voids or gaps in the
skeleton that may result from surgery or from traumatic injury.
Chris Lee, Inion's CEO, said: 'Inion BioRestore(TM) is now cleared for this wide
range of surgical procedures in both the USA and Europe, and is another
development milestone we have hit as planned during 2007. This new product will
complement and enhance our focused product offering in our core orthopaedic
trauma and spine areas. It is particularly important in the spine area as we
also recently received CE Mark for our Inion S-2(TM) spinal fusion and graft
containment system, which combined with the previously cleared Inion S-1(TM)
system, means we can market our innovative biodegradable implants for
applications over the entire spine.'
*CE Mark is issued by a number of accredited bodies to medical device
manufacturers prior to commercial distribution in the European Union.
About Inion BioRestore(TM)
Inion BioRestore(TM) is a state-of-the-art synthetic bioactive and biodegradable
bone grafting substitute material made from bioactive glass fibres. It is
designed for use alone or in conjunction with Inion's other biodegradable
products, offering many clinical advantages to surgeons and patients.
Inion BioRestore(TM) can be cut or shaped precisely to fit the defect and
provides a highly porous scaffold onto which the patient's new bone can grow,
allowing complete repair of the defect. A key property of Inion BioRestore(TM)
material is its bioactivity; in preclinical studies, it demonstrated
osteoconductive and osteostimulative properties, accelerating new bone formation
while gradually degrading over approximately six months to allow bone to fill
the void.
Inion BioRestore(TM) is designed to replace current bone grafting techniques in
certain surgical procedures, where it offers other important advantages,
primarily in that its synthetic origin excludes risks of disease transmission
and overcomes the limitations in quantity and quality of available bone graft.
According to Millennium Research Group and Knowledge Enterprises, the US market
for bone graft substitutes is estimated at $1.5 billion between 2007 and 2011.
The market for synthetic bone graft substitutes is approximately $158 million
and is growing at a compound annual rate of 10%. Bone graft substitutes are
used in the following application areas: spine (approximately 63% of market
value), orthopaedic trauma (17%), dental (17%), reconstructive surgery (i.e.
hips, knees, 2%), cranio-maxillofacial (CMF, 1%) (NB: numbers do not add to 100%
due to rounding). The market outside the US is estimated to be worth 36% of the
US market.
-Ends-
neil777
- 08 Jan 2008 09:38
- 15 of 15
Inion Oy
08 January 2008
Inion stengthens international patent position for Inion OptimaPLUSTM bioactive
materials technology
Tampere, Finland and Guildford, UK. 8 January 2008...Inion Oy (LSE: IIN.L) ('
Inion'), a company focused on the development of novel biodegradable medical
implants, has been granted a patent in Australia covering a method for creating
its Inion OptimaPLUSTM bioactive and biodegradable material. Inion OptimaPLUSTM
is a material consisting of a specific solid matrix of resorbable polymer in
which N-methyl-2-pyrrolidone (NMP) is dispersed in amounts sufficient to
stimulate bone growth. This material can be fashioned into medical implants to
support and enhance bone fracture healing.
The Australian patent (AU 2002346767) also covers other polymer compositions
containing NMP and strengthens Inion's international patent position in this
area of next-generation bioactive biomaterials. The equivalent patent is
already issued in the USA (US 6 926 906) and additional patent applications for
this novel technology are in progress in Europe, Brazil, Canada, China, Korea
and Japan.
Mr Chris Lee, Inion's Chief Executive Officer, commented: 'This new patent is an
important enhancement of our IP portfolio in the development of novel
biomaterials with bioactive qualities for creating next-generation medical
implants.'
- ends -