The Therapeutic Goods Administration of Australia approved AxioMed's Freedom Viscoelastic Disc Replacement technology.
Here are five points:
1. AxioMed may now market and sell its cervical and lumbar viscoelastic total disc replacement technology in Australia.
2. The approval takes effect, immediately.
3. The technology is a next-generation disc replacement system, restoring natural disc height, stability and motion of the spine.
4. AxioMed President Jake Lubinski is meeting with surgeons in Brisbane, Sydney and Melbourne to discuss the Freedom Disc's benefits in October.
5. The company possesses an exclusive viscoelastic material license on its proprietary Freedom Disc technology.