Exactech taps Zimmer Biomet veteran as new CFO

New CFO Tony Collins. [Image from Exactech]Exactech announced today that it appointed industry veteran Tony Collins as its new chief financial officer.

Collins joins Gainesville, Florida-based Exactech from medical device and data startup Xenter, Inc. He also served as CFO there.

Before Xenter, Collins spent 11 years at orthopedic implant giant Zimmer Biomet. He most recently held the position of group chief financial officer at Zimmer Biomet. His responsibilities included strategic and financial planning, business development, accounting and internal controls for the company’s global business units.

“I am excited to welcome Tony to our executive team,” said Exactech CEO Jeff Binder. “His expertise, including his deep domain knowledge, will be very beneficial to our business as we drive profitable growth and capitalize on the critical investments we are making in innovative products and advanced technologies.”

Collins also spent time as VP of f…

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Exactech launches total hip arthroplasty system

Exactech announced today that the first successful surgeries were completed with its Spartan Stem and Logical Cup systems.

Gainesville, Florida-based Exactech designed the systems for total hip arthroplasty.

The Spartan Stem features three offset options and a tapered, polished distal segment, while the Logical Cup, a modular acetabular system, enables an efficient surgical workflow in hospitals and ambulatory surgical centers, the company said in a news release.

“Our aim is to deliver what physician and institutional customers have been demanding, which is efficient instruments, clinical,ly-advanced implants and ASC-friendly solutions,” said Adam Hayden, chief marketing officer and SVP of large joints for Exactech. “The Spartan Stem and Logical Cup enhance the clinical breadth and depth of our Hip offering and—in combination with our Alteon hip system—reflect our mission to Improve the Proven and deliver a rich and differentiated portfolio of orthopaedi…

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Exactech launches new version of Equinoxe shoulder preoperative software

Exactech this week launched its Equinoxe Shoulder Planning App v2.1 in the U.S.

The preoperative planning software is designed for use with the company’s ExactechGPS navigation system in the operating room to connect the preoperative plan with implant placement. The Gainesville, Florida-based company designed the software to give surgeons increase flexibility to plan shoulder component placement and select implants and sizes for scapula and humerous made for a patient’s specific anatomy.

Equinoxe’s latest version has humeral planning with varying humeral stem components and sizes; views for stem anterior/posterior, medial/lateral and inclination positions; humeral head offset and position adjustment in anatomic procedures; patient neutral abduction position refinement and views of the total join and use of combined motions to assess shoulder range of motion and impingement.

In a recent study, the ExactechGPS navigation system provided v…

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Exactech announces first procedures with new instrumentation for Newton knee tech

[Image from Exactech]Exactech announced today that the first surgeries were performed using its Newton knee and new, user-friendly instrumentation.

Gainesville, Florida-based Exactech designed the Newton knee with soft tissue balancing technology for total knee replacements with a modernized graphical user interface to accompany the new instrumentation.

According to a news release, Stanford University’s Dr. James Huddleston, Cornerstone Orthopedic Institute’s Dr. Raul Marquez and Rush Memorial Hospital’s Dr. Jeffrey R. Ginther were the first to perform surgeries with the platform.

“Optimal soft tissue balance, combined with personalized implant placement, has the potential to improve on the historical outcomes of knee replacement,” Huddleston said in the release. “Exactech is yet again leading the way with the Newton Knee, merging well-thought-out design and leading-edge technology to deliver real-time operative insights for balanced knee …

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Exactech announces first U.S. surgeries with its nex-gen laser cage glenoid

Exactech this week announced the first successful surgeries using its Equinoxe Laser Cage Glenoid in a shoulder implant procedure.

The first procedures were completed in Jacksonville, Florida at the Mayo Clinic and in Fort Collins, Colorado at the Orthopedic and Spine Center of the Rockies. Two of the product’s design surgeons – Drs. Bradley Schoch and Sean Grey – performed the procedures using the new glenoid implant.

Gainesville, Florida-based Exactech designed Equinoxe to improve glenoid fixation in anatomic total shoulder arthroplasty. It has standard and augmented options and features a central bone cage and three peripheral cage pegs that are titanium, porous and 3D-printed.

“I am impressed by the mechanical strength of this unique hybrid design,” Grey said in a news release. “Mechanical bench testing has demonstrated the remarkable strength of the 3D printed porous cage pegs, which offer the potential for bone through-growt…

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Exactech announces breakthrough nod for JointMedica’s hip resurfacing system


[Image from Exactech]Exactech announced today that the FDA granted a breakthrough device designation to JointMedica’s Polymotion hip resurfacing system.

Gainesville, Florida-based Exactech, a minority shareholder of JointMedica, collaborates with the United Kingdom-based orthopedic device designer and manufacturer on next-generation hip resurfacing and holds exclusive global distribution rights to the product.

“This designation by the FDA is a validation of our core belief at JointMedica—that our hip resurfacing device addresses an acute unmet need of relatively younger, active hip arthritis patients,” JointMedica Managing Director Terence Smith said in a news release.

Polymotion features advanced polyethylene and titanium manufacturing technology, Exactech said. It was designed to offer the biomechanical benefits of hip resurfacing while eliminating metal-on-metal articulating surfaces.

“We are thrilled that Polymotion and JointM…

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Exactech launches humeral reconstruction prosthesis in Europe

[Image from Exactech]Exactech (Nasdaq:EXAC) announced today that it launched its Equinoxe humeral reconstruction prosthesis for clinical use in Europe.

Gainesville, Florida-based Exactech designed the humeral reconstruction prosthesis with intraoperative flexibility and patient-specific sizing to offer a number of options for achieving stability regardless of proximal humeral resection length.

According to a news release, the platform is the first modular device available in the U.S. for significant proximal humeral bone loss and reconstruction after tumor resections. It is used in primary or revision arthroplasty procedures as well as anatomic oncology procedures.

The humeral reconstruction prosthesis, which Exactech first introduced in the U.S. in 2015, has been used to treat more than 1,500 patients and has been made available in Italy, France, Spain, Germany and Great Britain.

“At Exactech we challenge our development teams to create products tha…

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RTI Surgical, Exactech form partnership to develop biologic bone substitutes

The FDA-cleared Optecure demineralized bone matrix [Image courtesy of RTI Surgical] RTI Surgical announced a long-term agreement with Exactech for the development and supply of biologic bone substitutes.

The deal, announced today, includes RTI Surgical acquiring Exactech’s FDA-cleared Optecure demineralized bone matrix, used as a bone graft extender in the spine, pelvis, and extremities. RTI Surgical officials think Optecure will complement their portfolio of bone graft substitutes. RTI Surgical offers a portfolio of tissue-based, synthetic and metal implants to OEM customers.

The financial terms of the deal were not disclosed.

“Biologic materials that support joint replacement surgery are an important facet of Exactech’s business,” Exactech CEO Darin Johnson said in a news release.

“This collaboration with RTI allows each company to focus on our unique strengths,” Johnson said. “RTI has specialized expertise…

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