Tyber Medical Acquires ADSM-Synchro Medical

Tyber Medical has acquired 100 % f the capital of ADSM-Synchro Medical, developer of implants that treat forefoot pathologies. Founded in 2010, ADSM’a products include the ToeGrip Classic, the first hammer toe implant of its kind developed with PEEK material.

The acquisition will strengthen Tyber Medical’s international presence and support its global growth strategy with a wider range of product options in the MIS bunion, PEEK hammertoe and screw fixation arenas. With the integration of ADSM’s EXray, ToeGrip and TigerTrack platforms into its private label spine, extremity and trauma portfolio, Tyber Medical can better serve its partners in Europe. The purchase of ADSM adds another EU notified body, providing multiple pathways to accelerate certification of Tyber Medical’s full product portfolio under Europe’s new Medical Device Regulation.

“The addition of ADSM’s product lines to our portfolio will create new avenues of growth within our overall product offering for our OEM partners,” said Tyber Medical Chief Commercial Officer James Abraham. “The wealth of expertise and product innovation delivered by the ADSM team extends our international market opportunity with our OEM customers and greatly accelerates our MDR product approval strategy.”

“Tyber Medical is excited to welcome the ADSM team, as well as the incorporation of the ADSM products into our rapid-access private label model for the spine, extremity and trauma markets,” said Tyber Medical Chief Executive Officer Jeff Tyber. “ADSM’s strong experience and existing Class I, Class IIa and Class IIb MDR approval of their screw-based technology is key to accelerating our global market access strategy.”

Source: Tyber Medical LLC