“This is an important step for Promimic” says Ulf Brogren, CEO of Promimic. “The FDA approval means that we are able to sell our surface to implant companies in the U.S.”
Over 100 million Americans lack one or several teeth, which result in that the U.S. dental implant market is worth about 1 billion dollars per year. In addition, the demand for orthopedic implants is estimated to reach a market value of 23 billion dollars during 2011.
“Coating of implants with HA NANO™ Surface leads to better integration of the implant in the patient's bone. We see several areas of application within the medtech and biosensor industry for Promimic’s products. We believe that applications within dental implants can be launched commercially by next year, but we are also seeing an increased interest for our surface on new implant materials, such as PEEK, ceramics and porous structures” Ulf Brogren continues.
The shift towards an older population will most likely lead to an increase in the demand for new medical treatments for example in spinal vertebrae, hip and wrist fractures. Within these areas, the use of bone grafts will grow substantially and hence, the demand for surfaces with improved osseointegrative properties.
“We will during the spring focus on market visibility in the U.S. and exhibit at several implant fairs” says Ulf Brogren who will travel to the annual orthopedics fair, American Academy of Orthopaedic Surgeons, to find new partners next week.
Promimic is a Swedish ompany that develops and commercializes products within the area of biomaterials. Promimic products, HA NANO™ Surface, belong to a new generation of implant surfaces. The nanometer-thin surface is based on the substance hydroxyapatite (HA), which by size, shape, structure and chemistry mimics the living bone tissue. The similarity with human bone facilitates the integration of the implants. Since the HA NANO™ Surface can be applied as an extremely thin layer (20 nanometers) it will effectively covers all parts of the implant surface, even on highly porous implant materials.