Cerapedics, a privately-held orthobiologics company, today announced that it has been selected as a winner in the 2018 MedTech Breakthrough Awards program. The award recognizes the company’s i‑FACTOR™ Peptide Enhanced Bone Graft as the best new surgical technology solution.
“We are pleased to be recognized as one of the top companies, technologies, and products in the global health and medical technology market,” said Glen Kashuba, chief executive officer of Cerapedics. “i‑FACTOR Peptide Enhanced Bone Graft is an innovative solution for orthopedic surgeons who are looking for a safe, clinically proven and cost-effective bone graft that is supported by Level 1 human data, and we are focused on gathering additional clinical evidence supporting its use and addressing the evidence gap around commercial bone grafts often used in spinal fusion procedures.”
i‑FACTOR Peptide Enhanced Bone Graft is based on proprietary biomimetic small peptide (P-15) technology that has a novel mechanism of action (attract, attach, and activate) that induces osteoblast cell proliferation and differentiation to accelerate new bone formation in patients with degenerative disc disease. This unique drug-device technology enhances the body’s natural bone healing process through cellular activity that is directional and predictable. i‑FACTOR Peptide Enhanced Bone Graft is only the second bone graft to receive Premarket Approval (PMA) in the spine, and it is supported by proven safety and efficacy data through an investigational device exemption (IDE) clinical trial.
“For the hundreds of thousands of people suffering from severe back pain, degenerative disc disease and need a spinal fusion, Cerapedics has developed an innovative therapy to enhance bone healing with i‑FACTOR Peptide Enhanced Bone Graft, a novel PMA-approved small peptide bone graft,” said James Johnson, managing director at MedTech Breakthrough. “We congratulate Cerapedics on developing an innovative, evidence-based technology that has the opportunity to become an industry standard of care, and we are thrilled to recognize them as a 2018 MedTech Breakthrough Award – Surgery winner.”
WESTMINSTER, Colo., June 13, 2018 /PRNewswire/