OrthoPediatrics Corp. and Mighty Oak Medical Extend Exclusive Partnership for FIREFLY Technology in Pediatric Orthopedics
August 04, 2021 at 07:00 AM EDT
WARSAW, Ind., Aug. 04, 2021 (GLOBE NEWSWIRE) -- OrthoPediatrics Corp. (“OrthoPediatrics” or the “Company”) (Nasdaq: KIDS), and Mighty Oak Medical, Inc. are pleased to announce the continuation of their navigation partnership, extending its current five-year deal another five years to August 2027. Since August 2017, OrthoPediatrics has been the exclusive distributor of Mighty Oak Medical’s FIREFLY Technology in children’s hospitals across the United States. This extended agreement will allow the Company to continue that exclusivity through August 2027.
Manufactured by Might Oak Medical, FIREFLY® Pedicle Screw Navigation Guides are 3D printed and patient-specific at each planned vertebral level. FIREFLY® Guides address the clear market need for a navigation solution that does not rely on intraoperative radiation, making the technology ideally suited for longer construct cases. OrthoPediatrics regards this partnership as a great synergy and has enjoyed working with Mighty Oak Medical to make scoliosis easier for surgeons, and surgery safer for KIDS.
“Our partnership with OrthoPediatrics is based on a shared mission and passion to help each child who is experiencing a medical challenge. Knowing how much is at stake, the Mighty Oak team has dedicated itself to providing the most detailed concierge presurgical plans, the most exact spine models, and the most accurate patient-specific spine guides available anywhere in the world. It is an honor to work with OrthoPediatrics’ talented sales team and with the pediatric spine surgeons who have embraced FIREFLY Technology in their pursuit of improved surgical outcomes for their young patients. With this extension, we look forward to many more successful years and many more children being positively impacted by FIREFLY,” stated Heidi Frey, President of Mighty Oak Medical.
OrthoPediatrics Chief Financial Officer, and Chief Operating Officer Fred Hite, said, “We are delighted to continue our partnership with Mighty Oak Medical. Together, we have helped children all over the world and look forward to supporting the ongoing needs of pediatric orthopedic surgeons with this technology!”
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