PONTiS Orthopaedics On Track to Double Sales in 2016
PONTiS Orthopaedics reported that 1H16 revenues grew >150% vs. 1H15. Performance is attributed to increasing acceptance of the PONTiS Flexor Tendon Repair system.
The company claims that its system for repair of flexor tendons in the hand addresses a market with >150,000 potential procedures annually in the U.S. alone. In June 2016, it launched a system for Achilles tendon repair.
Sources: PONTiS Orthopaedics, LLC; ORTHOWORLD Inc.