Nanotechnology Now

Our NanoNews Digest Sponsors

Heifer International

Wikipedia Affiliate Button

Home > Press > Pioneer(R) Surgical Technology Acquires Angstrom(TM) Medica, Inc.

Abstract:
Pioneer Surgical Technology (PST) today announced its acquisition of Angstrom Medica, Inc., headquartered in Woburn, MA. Angstrom is the first company to obtain Food and Drug Administration (FDA) approval for a nanotechnology device -- NanOss(TM). NanOss chemistries enable products that are highly osteoconductive and can remodel over time into human bone. NanOss has potential application in trauma, spine and general orthopaedic markets. Terms of the acquisition were not disclosed. Angstrom Medica, Inc. becomes a wholly-owned subsidiary of PST and is part of its orthobiologics division.

Pioneer(R) Surgical Technology Acquires Angstrom(TM) Medica, Inc.

MARQUETTE, MI | Posted on October 24th, 2007

"Angstrom Medica and its innovative technology represent a strategic addition to the Pioneer family," said Matthew N. Songer, M.D., Chairman and CEO of PST. "This latest orthobiologic acquisition complements our mission by developing technology that empowers surgeons to restore patients to normal function with products and methods not currently available."

NanOss, like human bone, is made of hydroxyapatite crystals. By controlling the material at the nanocrystalline level the resulting compound can have the strength of established polymer surgical implants. According to Angstrom''s CEO Edward Ahn, Ph.D., "This biomaterial provides an opportunity for changing orthopaedic technology by offering surgeons and their patients devices that have great strength upon implantation and may gradually be replaced by living human bone."

Also in 2007, PST acquired Encelle, Inc., a North Carolina firm that develops novel products for tissue regeneration including E-Matrix(TM), a sterile, injectable biopolymer designed to repair or regenerate diseased or damaged tissue.

Said Wesley McDermott, PST''s Vice President for New Business Development, "The Angstrom acquisition further expands Pioneer''s position and opportunity in a growing orthobiologic market."

####

About Pioneer Surgical Technology (PST)
Pioneer Surgical Technology, headquartered in Marquette, Michigan, is a leading innovator in the design and manufacture of spinal and orthopedic implants. Founded in 1992, Pioneer is a true surgeon-driven spinal device company that promotes responsiveness through customer intimacy, and a commitment to innovation. Pioneer has launched several spinal implant systems: Quantum(TM) Spinal Rod, Pioneer? Anterior Cervical Plate, and PEEK-Plus Vertebral Body Replacement Devices. Pioneer also has received the European CE mark for the NUBAC(TM) Disc Arthroplasty System.

About Angstrom Medica, Inc.

Angstrom Medica, Inc. (http://www.angstrommedica.com) is a biomaterials and medical device company engaged in the development and commercialization of its proprietary nanocrystalline calcium phosphate technology -- NanOss(TM). The company was founded in 2001 by Dr. Ahn and two fellow Massachusetts Institute of Technology (MIT) researchers. In 2005, Angstrom was the recipient of Frost and Sullivan''s ''Excellence in Technology Award''. The company is currently located in Woburn, MA.

For more information, please click here

Contacts:
Pioneer Surgical Technology
375 River Park Circle
Marquette, MI 49855
906-226-9909
906-226-4443 Fax

Sales & Marketing

Copyright © PR Newswire Association LLC.

If you have a comment, please Contact us.

Issuers of news releases, not 7th Wave, Inc. or Nanotechnology Now, are solely responsible for the accuracy of the content.

Bookmark:
Delicious Digg Newsvine Google Yahoo Reddit Magnoliacom Furl Facebook

Related News Press

Nanomedicine

Nanobiotix presented new clinical and pre-clinical data confirming NBTXR3ís significant potential role in Immuno-Oncology at SITC Annual Meeting November 14th, 2017

Arrowhead to Present at 29th Annual Piper Jaffray Healthcare Conference November 14th, 2017

A new way to mix oil and water: Condensation-based method developed at MIT could create stable nanoscale emulsions November 8th, 2017

Nanoshells could deliver more chemo with fewer side effects: In vitro study verifies method for remotely triggering release of cancer drugs November 8th, 2017

Announcements

ICN2 researchers compute unprecedented values for spin lifetime anisotropy in graphene November 17th, 2017

Math gets real in strong, lightweight structures: Rice University researchers use 3-D printers to turn century-old theory into complex schwarzites November 16th, 2017

The stacked color sensor: True colors meet minimization November 16th, 2017

Nanometrics to Participate in the 6th Annual NYC Investor Summit 2017 November 16th, 2017

Alliances/Trade associations/Partnerships/Distributorships

EC Project Aims at Creating and Commercializing Cyber-Physical-System Solutions November 14th, 2017

GLOBALFOUNDRIES, Fudan Team to Deliver Next Generation Dual Interface Smart Card November 14th, 2017

Leti Coordinating Project to Develop Innovative Drivetrains for 3rd-generation Electric Vehicles: CEA Techís Contribution Includes Litenís Knowhow in Magnetic Materials and Simulation And Letiís Expertise in Wide-bandgap Semiconductors October 20th, 2017

More 22 of 59,885 Print all In new window Leti to Present Update of CoolCube/3DVLSI Technologies Development at 2017 IEEE S3S: Future Developments and Tape-Out Vehicles to Be Presented during Oct. 17 Workshop October 12th, 2017

NanoNews-Digest
The latest news from around the world, FREE



  Premium Products
NanoNews-Custom
Only the news you want to read!
 Learn More
NanoTech-Transfer
University Technology Transfer & Patents
 Learn More
NanoStrategies
Full-service, expert consulting
 Learn More











ASP
Nanotechnology Now Featured Books




NNN

The Hunger Project