Nextremity Solutions, Inc. and Ignite Orthopedics, LLC Form Business Alliance

Thursday, July 6, 2017 Corporate News
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WARSAW, Ind., July 5, 2017 /PRNewswire-iReach/ -- Nextremity Solutions, Inc., a musculoskeletal product development company

located in "The Orthopedic Capital of the World" Warsaw, IN, has announced a business alliance with Ignite Orthopedics, LLC. The two medical device companies will be leveraging space, resources and capital. 

Ignite

Orthopedics, an emerging start-up that shares the same exclusive focus on surgeon specialists, plans to develop and commercialize a unique portfolio of products in areas complimentary to Nextremity Solutions.  Having recently appointed its Board of Directors and completed its first round of funding, Ignite is currently building the infrastructure of the company and will be launching development programs in the near future.

"The Nextremity team is excited about the opportunity to co-labor with Ignite Orthopedics as they start this new venture.  Co-locating, sharing key resources, and providing a bit of capital is a great way for Nextremity to support a talented, like-minded team and help accelerate their strategy.  I've worked with co-founders Brian Hodorek and Matt Purdy in the past and have tremendous respect for what they've been able to achieve. We are excited to watch what they accomplish and see tremendous long-term value through this alliance, for both our shareholders and for our industry partners," commented Ryan Schlotterback, Chief Commercial Officer for Nextremity Solutions.

"The alliance with Nextremity creates a very unique opportunity for Matt and I to focus on what we do best with minimal disruption from day to day operational tasks," said Hodorek.  Purdy added, "In essence, it allows us to dedicate our attention to the needs of our surgeon partners and the patients they serve."

Nextremity Solutions has historically focused on the Lower Extremity market and is currently working closely with surgeon specialists to develop and commercialize Revenue Ready™ products and solutions focused on musculoskeletal care through its recently launched i3™ Strategic Solutions strategy.

Rod K. Mayer, President and CEO of Nextremity Solutions added, "Nextremity Solutions has always had a very strong product development focus. Since our company was founded, we committed to developing innovative solutions alongside surgeons to develop products that meet unmet needs and improve patient health. Ignite Orthopedics shares this vision and mission. It made perfect sense for our two companies to work together to continue to provide surgeons and patients with products that will meet their musculoskeletal needs."

Ignite Orthopedics is located within the current Nextremity Solutions offices located at 210 N. Buffalo Street, Warsaw, IN. To learn more about the Ignite Orthopedics' story, the team or how to engage and connect, visit www.igniteorthopedics.com.

About Ignite Orthopedics, LLC.

Ignite Orthopedics, LLC. Is a privately held musculoskeletal product development company committed to partnering with those who share a passion to fuel motion whether it be through new ways to innovate, clinical advancements, or improved patient experiences and outcomes.

About Nextremity Solutions, Inc.

Nextremity Solutions, Inc. is a privately held medical device company offering innovative solutions and approaches to foot and ankle surgical intervention. The Company's procedure-ready, sterile implant systems for the correction of foot and ankle pathologies include uniquely precise, proprietary technology designed to achieve repeatable and superior clinical outcomes.

Media Contact: Dave Temple, Nextremity Solutions, Inc., 574-635-3023, [email protected]

News distributed by PR Newswire iReach: https://ireach.prnewswire.com

SOURCE Nextremity Solutions, Inc.



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