New System Further Redefines Surgical Fixation Techniques for
Reconstruction Procedures of the Foot
ARLINGTON, Tenn., Mar 01, 2012 (BUSINESS WIRE) --Wright Medical Group, Inc. (NASDAQ: WMGI), a global orthopaedic medical
device company, today announced the full commercial launch of the CLAW(R)
II Polyaxial Compression Plating System featuring ORTHOLOC(TM) 3DSi
Polyaxial Locking Screw Technology. The system will be available this
month in the U.S. through Wright Medical's foot and ankle sales force,
as well as in select countries outside the U.S. through Wright's direct
and distributor-based sales organization.
The CLAW(R) II system combines the stability and adjustable
compression features of the Company's patent-pending CLAW(R)
plating system with enhanced surgical flexibility afforded by new shape
configurations and polyaxial screw positioning.
"Since 2006, the CLAW(R) plating system has combined stable,
rigid fixation with controlled joint compression, which are essential
when performing fusions in the foot and ankle. The advancements offered
with the new CLAW(R) II system, such as variable-angle locking
screws and anatomically contoured plates for fusions and osteotomies of
the forefoot and midfoot, will enable surgeons to chose the appropriate
implants to meet the patient's unique circumstances," noted W. Hodges
Davis, MD, a foot and ankle orthopedic surgeon with OrthoCarolina Foot
and Ankle Institute in Charlotte, NC.
"The CLAW(R) II Polyaxial Compression Plating System builds
upon our successful CHARLOTTE(R) CLAW(R) plating
system and further expands our market leading foot and ankle product
portfolio," said Robert Palmisano, President and Chief Executive Officer
of Wright Medical. "We are now able to offer foot and ankle surgeons
expanded plate offerings for specific midfoot fusions that utilize our
ORTHOLOC(TM) 3DSi polyaxial technology in a stainless steel compression
plate."
The CLAW(R) II Polyaxial Compression Plating system and other
foot and ankle product solutions will be on display at Wright's exhibit
booth (#253) from February 29 to March 3 at the American College of Foot
and Ankle Surgeons (ACFAS) 2012 Annual Meeting taking place at the Henry
B. Gonzales Convention Center in San Antonio, TX.
More information on Wright Medical's foot and ankle products, including
CLAW(R) II Polyaxial Compression Plating System, can be found
at www.wmt.com/footandankle/.
About Wright Medical
Wright Medical Group, Inc. is a global orthopaedic medical device
company and a leading provider of surgical solutions for the foot and
ankle market. The Company specializes in the design, manufacture and
marketing of devices and biologic products for extremity, hip and knee
repair and reconstruction. The Company has been in business for more
than 60 years and markets its products in over 60 countries worldwide.
For more information about Wright Medical, visit the Company's website
at www.wmt.com.
CAUTIONARY NOTE REGARDING FORWARD-LOOKING STATEMENTS
This press release contains "forward-looking statements" as defined
under U.S. federal securities laws. These statements reflect
management's current knowledge, assumptions, beliefs, estimates, and
expectations and express management's current views of future
performance, results, and trends and may be identified by their use of
terms such as "anticipate," "believe," "could," "estimate," "expect,"
"intend," "may," "plan," "predict," "project," "will," and other similar
terms. Forward-looking statements are subject to a number of
risks and uncertainties that could cause our actual results to
materially differ from those described in the forward-looking statements.
Such risks and uncertainties include the impact of Wright's
settlement of the federal investigation into Wright's consulting
arrangements with orthopaedic surgeons relating to its hip and knee
products in the United States, including Wright's compliance with a
Deferred Prosecution Agreement through September 2012 and a Corporate
Integrity Agreement through September 2015, and those risks and
uncertainties discussed in our filings with the Securities and Exchange
Commission (including those described in Item 1A of our Annual Report on
Form 10-K for the year ended December 31, 2011, under the heading, "Risk
Factors"). Readers should not place undue reliance on
forward-looking statements. Such statements are made as of the
date of this press release, and we undertake no obligation to update
such statements after this date.
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SOURCE: Wright Medical Group, Inc.
Wright Medical Group, Inc.
Investors & Media:
Julie D.
Tracy, 901-290-5817
Sr. Vice President, Chief Communications Officer
julie.tracy@wmt.com