Scottsdale 9/12/2012 10:45:00 PM
News / Finance

Bacterin International Holdings (BONE) Reports Positive First Clinical Results for OsteoSponge SC Product

QualityStocks would like to highlight Bacterin International Holdings, Inc. (NYSE: BONE). The company develops, manufactures, and markets biologics products in the United States and internationally. The company’'s products are used in various applications, including enhancing fusion in spine surgery, relief of back pain with a facet joint stabilization, promotion of bone growth in foot and ankle surgery, promotion of skull healing, and cartilage regeneration in knee and other joint surgeries.

In the company’s news yesterday,

Bacterin International Holdings announced that the first clinical results using the OsteoSponge SC product for regeneration of subchondral bone in complex lesions of the talus involving advanced subchondral bone damage have been published in the peer-reviewed journal, Foot & Ankle Specialist. The article reported on six month, post-operative outcomes on 7 patients which included pain and activity scales as well as radiographic findings. In each case, the patients reported a clinically significant reduction in pain and improvement in activity over the six month period. MRIs confirmed graft incorporation and restoration of an intact subchondral plate.

In addition, the company has begun a 75 patient registration for OsteoSponge SC, with the first patient enrolled in July, and has received approval to proceed in five of six sites so far. To date, OsteoSponge SC has been implanted in more than 250 patients and continues to produce excellent clinical results.

Bacterin estimates the current size of the market addressing subchondral defects in the foot, ankle, and knee to be approximately $1.7 billion annually. The market is expected to grow in future years as more advanced repair technologies become available. The company also believes that its OsteoSponge SC product may significantly change the standard of care globally for the treatment of damaged subchondral bone.

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Forward-Looking Statement:

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