Intellijoint Surgical signed a distribution agreement with Corin Group.
Here are three key notes:
1. The agreement gives Corin distribution rights for Intellijoint's flagship product intellijoint HIP in Australia.
2. intellijoint HIP provides surgeons with intraoperative measurements in real time, helping enable proper establishment of cup position, equalization of leg length and restoration of hip offset.
3. The deal also paves the way for broader distribution and co-development between the two companies.
"We are pleased to partner with Corin to offer intellijoint HIP to surgeons in Australia. The broader capability of Corin's organization and their commitment to innovation will expand access to the latest technology available for 3D surgical measurement to the growing Australian hip replacement market where surgeons currently perform about 45,000 procedures annually. We look forward to the beginning of a meaningful relationship between our two companies and are excited about future opportunities," says Armen Bakirtzian, CEO and co-founder of Intellijoint Surgical.