MESA, Ariz.--(BUSINESS WIRE)--Jan 3, 2025--
Fusion Orthopedics USA, LLC (“Fusion”) announced today that it has expanded its robust product portfolio with the addition of the Metalogix External Fixation Systems. A seamless transition of Metalogix’s operations, distribution, and hospital accounts to Fusion is already substantially complete.
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The addition of Metalogix expands Fusion’s offering in external fixation solutions including Circular Static Frames, Dynamic Frames, Delta Frames, and a soon to be released novel Mini-Rail System. Metalogix is commonly known for its popular product known as the Revolution EPS as pictured below. The Revolution EPS is a new generation of external fixation systems designed for long bone fractures, limb lengthening and correction of bone.
The Revolution EPS and Revolution Trauma products are available now for all current Fusion and former Metalogix qualified distributors in their respective markets throughout the United States.
This groundbreaking technology features innovative designs engineered for strength and comfort. The Revolution EPS’ proprietary open back concept frame allows for improved limb access for surgeons and hospital staff, reduces swelling complications and allows for the use of smaller plates for more stability.
One of the many key components to the Revolution EPS, is the patented Revolution Cold Forged Wire Tips, specifically designed with a drill/flute configuration for easier insertion, which may reduce thermal necrosis. In testing, the Cold Forged Tip Technology maintained precision sharpness OVER 50 uses. Keeping with Fusion’s aim to provide patient specific solutions, the Revolution EPS also features 180-Degree Lockable Swivel Struts which give the surgeon the ability to attach one ring plate to another at any reasonable angle needed to fit a specific patient’s limb.
Another key element of the Revolution EPS is the Revolution Trauma System, containing the Revolution T Multi-Pin Clamp and the Revolution T Z-Post, which both utilize the patented pin-to-pin super struts and patented multi-pin clamp. The Revolution Trauma System allows for a wide variety of pin-to-pin super strut configurations for various surgical conditions, including but not limited to, distal tibial fractures, and ankle fractures. These patented pin-to-pin super struts can be attached directly to half-pins as well as assorted Steinmann Pins to simplify the frame’s assembly, as well as be acutely adjusted and subsequently fine-tuned for micro-compression and distraction. Additionally, the patented multi-pin clamp can accommodate up to 3 half pins, which can be inserted at a divergent angle or perpendicular to the bone, with the 30° angled horns being adjusted and locked into any desired angle a surgeon may need.
Fusion is excited about this highly anticipated announcement.
“The Metalogix milestone is a symbol of Fusion’s commitment to dominance within Foot and Ankle as we continue to realize hyper-growth as a profitable business.” – Adam Cundiff, CEO - Fusion Orthopedics.
“Fusion Orthopedics shares our values and commitment to excellence, and I am confident they will achieve great things.” – Ben Coburn, CEO - Metalogix.
“The Metalogix devices align with Fusion’s dedication to provide ‘Everything Better’ in effort to improve patients’ lives. These frames are incredible!” – Nathan Peterson, President - Fusion Orthopedics.
“Metalogix is one of the most Innovative, external fixators. It will continue to revolutionize external fixation with its simplistic and efficient application.” – Dr. Rich Derner, DPM.
"I am excited about Fusion Orthopedics and Metalogix, combining cutting-edge surgical technology to advance care in foot, ankle, and trauma surgery. I look forward to working with the engineers and skilled surgical teams, to drive continuous improvements and deliver the best possible outcomes for our patients." – Dr. Alan Yan, MD.
About Fusion Orthopedics
Fusion Orthopedics USA, LLC ( www.FusionOrthopedics.com ) is a medical device company founded on the notion to make “Everything Better.” Fusion’s focus is to produce innovative and disruptive medical devices that address the under-served needs of the foot and ankle orthopedic surgical community. Fusion bridges the gap between surgeons and engineers, creating innovative implant systems that solve industry problems and aim to improve patient outcomes. Fusion’s relational-based design process aims for the development of products that strive to improve patient surgical outcomes and decrease time in the operating room, while maintaining cost competitiveness.
(Graphic: Business Wire)
NEW YORK (AP) — U.S. stocks on Thursday are giving back some of their historic gains from the day before as Wall Street weighs a global trade war that has cooled in temperature but is still threatening the economy.
The S&P 500 was down 2.3%, a day after surging 9.5% following President Donald Trump’s decision to pause many of his tariffs worldwide. The Dow Jones Industrial Average was down 700 points, or 1.7%, as of 9:35 a.m. Eastern time, and the Nasdaq composite was 2.7% lower.
Even a better-than-expected report on inflation Thursday morning wasn’t enough to get U.S. stocks to add to their surges from the day before, including the S&P 500’s third-best since 1940. Economists said the data wasn’t useful because it offered a view only of the past, when inflation may rise in coming months because of tariffs. A better-than-expected report on joblessness didn’t help much either, with Wall Street’s focus entirely on what’s to come.
“Trump blinks,” UBS strategist Bhanu Baweja said about the president’s decision on tariffs, “but the damage isn’t all undone.”
Trump has focused more on China, raising his tariffs on products coming from the world’s second-largest economy to 125%. Even if that were to get negotiated down to something like 50%, and even if only 10% tariffs remained on other countries, Baweja said the hit to the U.S. economy could still be large enough to hurt expected growth for upcoming U.S. corporate profits.
China, meanwhile, has been reaching out to other countries around the world in hopes of forming a united front against Trump. The European Union, though, on Thursday said it will put its trade retaliation measures on hold for 90 days and leave room for a negotiated solution.
Trump and his Treasury secretary, Scott Bessent, sent a clear message to other countries Wednesday after announcing their tariff pause: “Do not retaliate, and you will be rewarded.”
That has many on Wall Street prepared for still more wild swings to come in the market, after the S&P 500 at one point nearly dropped into a “bear market” by almost closing 20% below its record. Often, the whipsaw moves had come not just day to day but also hour to hour. The S&P 500 still remains below where it was when Trump announced his sweeping set of tariffs last week on “Liberation Day.”
“Everything is still very volatile, because with Donald Trump, you don’t know what to expect,” said Francis Lun, chief executive of Geo Securities. “This is really big uncertainty in the market. The threat of recession has not faded.”
One encouraging signal, though, is coming from the bond market where stress seems to be easing a bit.
Big jumps for Treasury yields earlier this week had rattled the market, so much that Trump said Wednesday he had been watching how investors were “getting a little queasy.”
Several reasons could have been behind the sharp, sudden rise, including hedge funds having to sell their Treasurys in order to raise cash or investors outside the United States dumping their U.S. investments because of the trade war. Regardless of the reasons behind it, higher yields on Treasurys crank up pressure on the stock market and push rates higher for mortgages and other loans for U.S. households and businesses.
But the 10-year Treasury yield has calmed over the last day and was sitting at 4.31%. That’s after it had shot up to nearly 4.50% Wednesday morning from just 4.01% at the end of last week.
In stock markets abroad, indexes rallied across Europe and Asia in their first chances to trade following Trump’s pause. Japan’s Nikkei 225 surged 9.1%, South Korea’s Kospi leaped 6.6% and Germany’s DAX returned 5.6%.
AP Business Writers Yuri Kageyama and Matt Ott contributed.
People walk by the New York Stock Exchange, Thursday morning, April 10, 2025. (AP Photo/Richard Drew)
People walk by an electronic board showing Japan's Nikkei 225 index at a securities firm in Tokyo Thursday, April 10, 2025. (Kyodo News via AP)
A person walks past an electronic stock board at a securities firm in Tokyo Thursday, April 10, 2025. (Kyodo News via AP)
A currency trader walks by the screens showing the Korea Composite Stock Price Index (KOSPI), left, and the foreign exchange rate between U.S. dollar and South Korean won at a foreign exchange dealing room in Seoul, South Korea, Thursday, April 10, 2025. (AP Photo/Lee Jin-man)
A currency trader watches computer monitors at a foreign exchange dealing room in Seoul, South Korea, Thursday, April 10, 2025. (AP Photo/Lee Jin-man)
A currency trader walks by the screens showing the Korea Composite Stock Price Index (KOSPI), left, the foreign exchange rate between U.S. dollar and South Korean won and the Korean Securities Dealers Automated Quotations (KOSDAQ) at a foreign exchange dealing room in Seoul, South Korea, Thursday, April 10, 2025. (AP Photo/Lee Jin-man)
A currency trader prepares to work near the screens showing the Korea Composite Stock Price Index (KOSPI) and the foreign exchange rate between U.S. dollar and South Korean won at a foreign exchange dealing room in Seoul, South Korea, Thursday, April 10, 2025. (AP Photo/Lee Jin-man)
A currency trader watches computer monitors near the screen showing the foreign exchange rate between U.S. dollar and South Korean won at a foreign exchange dealing room in Seoul, South Korea, Thursday, April 10, 2025. (AP Photo/Lee Jin-man)
President Donald Trump is displayed on a television on the floor at the New York Stock Exchange in New York, Wednesday, April 9, 2025. (AP Photo/Seth Wenig)
A traders works on the floor at the New York Stock Exchange in New York, Wednesday, April 9, 2025. (AP Photo/Seth Wenig)