News | August 18, 2014

Oxford Performance Materials Named Best Global Company for 3-D Healthcare Innovation

August 18, 2014 — Additive manufacturing (3-D printing) company Oxford Performance Materials (OPM) was named the "Best Global Company for 3-D Healthcare Innovation" by The New Economy Awards. The New Economy Awards, presented by The New Economy magazine, identify and celebrate innovative companies that are breaking new ground in the areas of technology, energy, business and strategy.

OPM received The New Economy Award for the company's development of additive manufacturing techniques with the ultra-high performance polymer poly-ether-ketone-ketone (PEKK). OPM's ability to print patient-specific functional and biocompatible prosthetic implants is proving to be disruptive technology in the healthcare industry. In February 2013, OPM received U.S. Food and Drug Administration (FDA) 510(k) clearance for its OsteoFab patient-specific cranial device, and became the first and only company with FDA clearance to manufacture 3-D printed polymeric orthopedic implants.

"We are honored to receive The New Economy Award for healthcare innovation," said Scott DeFelice, CEO and chairman of Oxford Performance Materials. "The rising cost of healthcare is a global issue that cannot be ignored. Hospitals are adopting our OsteoFab implant lines over metals and other polymer options because 3-D printed PEKK implants are the only solutions that combine low cost, biocompatibility, radiolucency and bone-like behavior. For the surgeon, OPM products are easier to implant, modify and observe, and studies have shown that our OXPEKK formulation is osteoconductive—meaning bone grows onto the surface of our implants—and this leads to better fixation to the patient's own bone."

OPM technology is also designed to reduce the overall "cost of ownership" to the customer, by decreasing operating room time, hospital length of stay and procedure complications. In addition, OsteoFab customers do not pay a premium for the 3-D printed implant.

"What is exciting about our technology is that additional complexity does not necessarily increase manufacturing cost," said Severine Zygmont, president of OPM Biomedical. "As a result, we believe that additive manufacturing has the potential to not only improve patient outcomes, but fundamentally provide improved healthcare in orthopedics on a global scale for developed and developing countries. These are disruptive changes that will allow the industry to provide healthcare to more people at a lower cost."

For more information: www.oxfordpm.com

Related Content

Hospital for Special Surgery Invests in Sectra Orthopedic 3-D Planning Software
News | Orthopedic Imaging | January 18, 2018
January 18, 2018 – International medical imaging IT and cybersecurity company Sectra announces that Hospital for Spec
Sponsored Content | Videos | Enterprise Imaging | January 16, 2018
Built on an over 25-year pioneering legacy in the advanced visualization industry, Vital continues to expand on three
RSNA 2017 Celebrates Innovation in Radiology
News | Imaging | January 15, 2018
January 15, 2018 — The Radiological Society of North America’s...
Minimally Invasive Treatment Provides Relief from Back Pain

Lumbar spine MRI showing disc herniation and nerve root at baseline and one month after treatment

News | Interventional Radiology | January 11, 2018
The majority of patients were pain free after receiving a new image-guided pulsed radiofrequency treatment for low back...

Size comparison between 3-D printed prosthesis implant and a penny.

News | 3-D Printing | January 11, 2018
January 11, 2018 — Researchers using...
Hip Steroid Injections Associated with Bone Changes

58-year-old woman with left hip pain. X-ray from one month prior to the steroid/anesthetic injection demonstrates moderate joint space narrowing (arrows) and bony proliferation (arrowheads).

News | Orthopedic Imaging | January 11, 2018
January 11, 2018 – Osteoarthritis patients who received a steroid injection in the hip had a significantly greater in
Weight Loss Through Exercise Alone Does Not Protect Knees
News | Orthopedic Imaging | January 11, 2018
January 11, 2018 – Obese people who lose a substantial amount of weight can significantly slow down the degeneration
Radiology Offers Clues in Cases of Domestic Abuse and Sexual Assault

Image of 21-year-old woman, who presented with a chronic nasal bone fracture and soft tissue swelling of the left lateral face. Review of electronic medical records revealed presentation to an outside hospital 9 months ago with oblique fracture of the right ring finger proximal phalanx, blowout fracture of the medial wall of the left orbit and similar soft tissue swelling of the left face. Traumatic findings separated in time suggest recurrent violence. Image courtesy of Elizabeth George, M.D.

News | Orthopedic Imaging | January 08, 2018
Radiologic signs of injury could help identify victims of intimate partner violence, according to a study presented at...
EchoPixel Showcases Next-Generation Surgical Planning With True 3-D Interactive Mixed Reality Software
News | Advanced Visualization | January 08, 2018
January 8, 2018 — EchoPixel showcased the latest version of True 3D, its interactive,...
FDA Announces Final Guidance and Webinar for Technical Considerations for 3-D-Printed Medical Devices
News | 3-D Printing | January 03, 2018
The U.S. Food and Drug Administration (FDA) issued the final version of the guidance, “Technical Considerations for...
Overlay Init