Founded December 2014
Stage Business development
Investors The Trendlines Group
CEO Oren Cohen
The OrthoSpin strut and control box are part of a smart external fixation system.
OrthoSpin is developing a smart external fixation system to allow real-time physician follow-up and to reduce dependency on patient compliance.
Comprised of a strut powered by a lightweight motor and a control box placed on top of the circular, hexapod fixation frame, OrthoSpin’s system automatically and continuously adjusts and lengthens the struts according to the prescribed treatment regimen — without patient involvement.
With OrthoSpin’s smart system, physicians are assured that the prescribed course of treatment is being followed. The Company’s proprietary software program allows physicians to chart patient progress and, if required, to easily change the treatment schedule.
Accurate and continuous lengthening throughout the treatment period is expected to reduce damage to soft tissues.
OrthoSpin CEO Oren Cohen holds a prototype of the Company’s smart external fixation system.
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The market seeks an easy-to-use, automatic, external fixation device to increase patient compliance, provide physicians with real-time data, and improve treatment outcomes.
More than 10 years’ experience with medical devices and communications companies; previously, senior positions at Neuronix, Medtronic, Spectrum Dynamics, Karmel Sonics, Qualcomm, Primesense; BSc, electrical engineering, Technion-Israel Institute of Technology
Managerial and R&D experience in medical device companies; founder, In-Vio Medical, specializing in mechanical design of medical devices; MBA, Technion-Israel Institute of Technology; BSc, biomedical engineering, Ben-Gurion University of the Negev
Co-founder and CEO, Anchora Medical; former co-founder and CEO, InnoLap Surgical, acquired by Teleflex (NYSE: TFX); General Manager of Emergency Medicine business unit, Deep Breeze; Marketing Director; advocate; MBA (magna cum laude) Hebrew University of Jerusalem
CEO, Trimaco Surgical, major Israeli orthopedic device distributor; partner, Carevature, development of smart tools and procedures for orthopedic surgery
Practicing orthopedic surgeon with more than 13 years of experience in the medical device industry; founded OrthoSpace and NeatStitch; leading role in various early-stage companies; MD, Hebrew University of Jerusalem
Assistant Professor, Orthopaedic Surgery, Loma Linda University Medical Center, California
Director, Department of Orthopedics A and Pediatric Orthopedics, Galilee Medical Center, Israel
Director, Limb Deformity Correction and Lengthening Service, Tel Aviv Medical Center, Israel
Director, Pediatric Orthopedics, Sinai Hospital, and Director, ICLL; directly trained on limb lengthening with Professor Ilizarov in Russia
External fixation devices are often the first line of treatment for lengthening bone, setting complex fractures, and correcting deformities. Major drawbacks of these devices are the lack of patient compliance and real-time data for improved physician follow-up during the lengthy rehabilitation period.
For treatment to be effective, patients need to adjust the frame on a daily basis. This requires manually turning the struts (rods) up to four times per day to promote bone distraction (moving two segments of a bone slowly apart), growth, and healing. Manual adjustments and complicated patient training often result in misuse and non-compliance that leads to increased pain, poor clinical outcomes, and repeat surgeries.
According to company estimates, OrthoSpin addresses the $450 million circular and hexapod fixation frame and other external fixation devices that use adjustable struts.
