Nextremity Solutions, Ignite Orthopedics Form Business Alliance
July 6, 2017 at 3:48 p.m.
By Staff Report-
The two medical device companies will be leveraging space, resources and capital.
Ignite Orthopedics, an emerging start-up, plans to develop and commercialize a portfolio of products in areas complimentary to Nextremity Solutions, according to a news release from Nextremity. Having recently appointed its board of directors and completed its first round of funding, Ignite is 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,” said 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 said, “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 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, said, “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 at 210 N. Buffalo St., Warsaw. To learn more about the Ignite Orthopedics’ story, the team or how to engage and connect, visit www.igniteorthopedics.com.
For more information, visit www.nextremitysolutions.com.
The two medical device companies will be leveraging space, resources and capital.
Ignite Orthopedics, an emerging start-up, plans to develop and commercialize a portfolio of products in areas complimentary to Nextremity Solutions, according to a news release from Nextremity. Having recently appointed its board of directors and completed its first round of funding, Ignite is 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,” said 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 said, “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 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, said, “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 at 210 N. Buffalo St., Warsaw. To learn more about the Ignite Orthopedics’ story, the team or how to engage and connect, visit www.igniteorthopedics.com.
For more information, visit www.nextremitysolutions.com.
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