Nanotechnology Now

Our NanoNews Digest Sponsors





Heifer International

Wikipedia Affiliate Button


android tablet pc

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

Nano Ruffles in Brain Matter: Freiburg researchers decipher the role of nanostructures around brain cells in central nervous system function October 31st, 2014

Production of Biocompatible Polymers in Iran October 30th, 2014

Amorphous Coordination Polymer Particles as alternative to classical nanoplatforms for nanomedicine October 30th, 2014

'Electronic skin' could improve early breast cancer detection October 29th, 2014

Announcements

Nano Ruffles in Brain Matter: Freiburg researchers decipher the role of nanostructures around brain cells in central nervous system function October 31st, 2014

Gold nanoparticle chains confine light to the nanoscale October 31st, 2014

'Nanomotor lithography' answers call for affordable, simpler device manufacturing October 31st, 2014

Device invented at Johns Hopkins provides up-close look at cancer on the move: Microscopic view of metastasis could give insight about how to keep cancer in check October 31st, 2014

Alliances/Partnerships/Distributorships

'Electronic skin' could improve early breast cancer detection October 29th, 2014

European Commission opens the gate towards the implementation of Nanomedicine Translation Hub October 16th, 2014

IRLYNX and CEA-Leti to Streamline New CMOS-based Infrared Sensing Modules Dedicated to Human-activities Characterization October 15th, 2014

New VDMA Association "Electronics, Micro and Nano Technologies" founded: Inaugural Meeting in Frankfurt/Main, Germany October 15th, 2014

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







© Copyright 1999-2014 7th Wave, Inc. All Rights Reserved PRIVACY POLICY :: CONTACT US :: STATS :: SITE MAP :: ADVERTISE