Loci Orthopaedics Showcases Innovations at Surgery Conference

Innovative Medical Solutions at ASSH Annual Meeting

Loci Orthopaedics Ltd, a pioneering clinical stage orthopaedic medical device company, is excited to announce its participation in the esteemed 79th Annual Meeting of the American Society for Surgery of the Hand (ASSH). This prominent event will be held in the vibrant setting of Minneapolis, bringing together experts dedicated to the field of hand and upper extremity surgery.

Engaging with Surgical Experts

Professor Filip Stockmans, who serves as a Scientific Advisory Board member and Primary Clinical Trial Investigator, is set to present at the International Wrist Investigators Workshop. This forum is a critical opportunity for discussions surrounding the latest advancements and methodologies within hand surgery. The ASSH is recognized for its dedication to enhancing surgical practices through education, advocacy, and research.

Transformative Approaches to Thumb Arthritis

Professor Stockmans highlighted the global challenges of treating thumb base-joint arthritis. He explained that resection arthroplasty of the trapezium remains a widely performed procedure. However, total joint arthroplasty provides a potentially more effective solution to prevent thumb shortening, which is a common consequence of the traditional method. Understanding the intricacies of these surgical options is essential for improving patient outcomes.

The InDx Implant System from Loci Orthopaedics stands out in this landscape as a revolutionary half-joint replacement device. By preserving the trapezium, it aims to model the natural biomechanics of thumb movement. The dual mobility design seeks to address the significant risks associated with dislocations and cup loosening that commonly affect traditional implants, thereby promising enhanced surgical success.

Promise for Future Patient Care

Barry Russell, CEO of Loci Orthopaedics, expressed enthusiasm about the promising early results from their clinical investigations. He emphasized that their InDx Implant System has the potential to significantly improve the lives of many patients afflicted with thumb base-joint arthritis, a condition that can severely impact quality of life.

Experts and key stakeholders from the surgical community will gather to share insights and advancements at the ASSH meeting. Loci’s presence at this prestigious event reflects its commitment to innovation and collaboration, fostering relationships that can lead to improved patient care.

Addressing a Global Health Need

Loci Orthopaedics aims to tackle significant unmet clinical needs in orthopaedic extremities. With an increasing number of individuals affected by thumb joint arthritis—estimated to impact around 5% of the US and EU populations, resulting in approximately 100 million individuals globally—the company recognizes the urgent need for effective treatments. The InDx Implant is intricately designed to facilitate natural motion and alleviate discomfort for patients, representing a significant advancement in orthopaedic solutions.

Recent Milestones and Future Goals

The company has recently achieved major funding milestones, successfully concluding an oversubscribed €12.8 million Series A financing round. This accomplishment marks the largest medical technology fundraising in Ireland for the current year, demonstrating strong investor confidence in the company's vision and innovations.

Led by key investors, including Seroba, Johnson & Johnson Innovation, and the European Innovation Council Fund, this fundraising brings Loci’s total financing to over €22 million. This investment will enhance its operational capabilities, expand clinical research efforts, and facilitate regulatory approvals, positioning Loci Orthopaedics for future commercial success.

About Loci Orthopaedics

Founded by Mr. Gerry Clarke and Dr. Brendan Boland, Loci Orthopaedics emerged as a spin-out from esteemed academic institutions. The company's mission focuses on developing cutting-edge orthopaedic solutions that address critical clinical needs. Through evidence-based design, Loci aims to ensure optimal functionality and restoration of natural movement, thereby improving clinical outcomes for patients.

With ongoing progress and commitment to innovation in the orthopaedic sector, Loci Orthopaedics is poised to be a leader in advancing patient care and transforming treatment options for those suffering from disabling conditions like thumb base-joint arthritis.

Frequently Asked Questions

What is Loci Orthopaedics known for?

Loci Orthopaedics is renowned for its innovative medical device solutions targeting orthopaedic conditions, especially thumb base-joint arthritis.

What is the InDx Implant System?

The InDx Implant System is an advanced hemi-arthroplasty implant designed to replicate the natural biomechanics of the thumb joint, aimed at preventing dislocation and enhancing surgical outcomes.

What recent funding milestone did Loci Orthopaedics achieve?

Recently, Loci Orthopaedics closed a €12.8 million oversubscribed Series A financing, marking it as the largest fundraising effort in medical technology in Ireland for the year.

Who will present at the ASSH Annual Meeting?

Professor Filip Stockmans, a key member of Loci Orthopaedics' Scientific Advisory Board, will present information regarding advancements in surgical methods for thumb arthritis.

What is the significance of the ASSH Annual Meeting?

The ASSH Annual Meeting serves as a critical platform for global experts to share insights, advancements, and techniques in the field of hand surgery, fostering collaboration and education.

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