Orthopedic devices maker
Wright Medical Group
) recently reported the release of its Ortholoc 3Di Reconstruction
Plating System for ankle and foot operations. The system may be
procured later in July 2012 from the company's U.S.-based foot and
ankle sales team and, in certain regions outside U.S., from its
distributorship and direct sales force.
According to a medical specialist, the Ortholoc 3Di
Reconstruction System provides doctors a broad selection of plates.
This range facilitates performance of frequently occurring
operations carried out by foot and ankle specialists, including
fusion of the toe. By providing for variations in screw size and
position, the system constructs a strong implant that is critical
for the mending of the bone.
The Ortholoc 3Di Reconstruction Plating System comprises screws,
surgical instrumentation and plates which are utilized for healing
fractures of the foot. The system integrates the company's Ortholoc
3Di polyaxial locking know-how, which permits the medical
practitioner to make adjustments with screws to enhance bone
Wright's focus on niche technologies lends some support amid
economic cyclicality. Moving forward, revenue growth will be
supported by new product launches. Moreover, new deals in
extremities are expected to bolster growth in this segment. The
company's restructuring initiatives should also boost future
Our views on the company are moderated by intense competition
from larger players and pricing pressure. Wright Medical
competes with much bigger names such as
Smith & Nephew
). Moreover, the company remains exposed to procedure volume
headwind. Our Neutral recommendation is supported by a short-term
Zacks #3 Rank (Hold).
SMITH & NEPHEW (SNN): Free Stock Analysis
STRYKER CORP (SYK): Free Stock Analysis Report
WRIGHT MEDICAL (WMGI): Free Stock Analysis
ZIMMER HOLDINGS (ZMH): Free Stock Analysis
To read this article on Zacks.com click here.