Expanding Orthopedics has announced the grant of a Chinese patent for its XPED system, the unique expandable pedicle screw and related instrumentation.
Mark Levy, an orthopaedic surgeon, founder and chief technical officer of Expanding Orthopedics, says, “I am very proud of this achievement as this rewards our extensive research and development efforts and confirms the uniqueness of the XPED system and the innovation brought by our team to the medical community.” Levy adds, “This is the sixth granted Chinese patent for our extensive expanding devices platform, which demonstrates our focus and commitment to this market for several years now.”
Ofer Bokobza, chief executive officer of Expanding Orthopedics says, “The Chinese market is one of the fastest growing markets in the world with large concentration of the ageing population (over 65) which is expected to reach 25% of population by the year 2050. EOI is setting itself for the Chinese market by designing and delivering innovative products at an affordable price, to access both the higher and lower ends Chinese healthcare markets. We intend to execute this strategy, starting with the XPED expandable pedicle screw technology platform, which addresses the growing need of the ageing population for enhanced anchoring solutions in low bone quality.”