ANDOVER, Mass., April 9 /PRNewswire-FirstCall/-- Smith & Nephew, Inc.,
Endoscopy Division, a subsidiary of Smith & Nephew plc (NYSE: SNN) (London
Stock Exchange: SN), today announced the introduction of the FasT-Fix(TM) AB
Meniscal Repair System, a new implant that applies the latest advances in
medical technology to an established repair technique in the field of
The FasT-Fix System, first launched in April 2001, offers the strength of
the industry's "gold standard" -- a vertical or horizontal mattress suture
stitch -- but does not require the open incision traditionally associated with
meniscal repair. The new FasT-Fix AB System utilizes the same surgical
technique as the FasT-Fix System, but includes an absorbable implant material
that offers surgeons an important alternative in treating patients.
"Because of its ability to provide superior fixation strength without the
need for a posteromedial or posterolateral skin incision, the FasT-Fix System
remains at the forefront of meniscal repair," said William G. Clancy Jr.,
M.D., American Sports Medicine Institute, Birmingham, Ala. "Offering an
alternative with a bioabsorbable feature further illustrates Smith & Nephew's
focus on innovation."
The menisci are two half-moon shaped pads of cartilage located at the top
of the tibia. Usually, meniscal tears in younger adults are the result of a
forced twisting injury, often occurring during athletic activity. In older
adults, degeneration of the menisci traditionally leads to injury.
According to industry and company estimates, more than 225,000 people
worldwide underwent arthroscopic meniscal repair in 2002, and the number of
procedures is expected to have a compound annual growth rate (CAGR) of nearly
five percent through 2007.
"By eliminating the traditional open incision associated with meniscal
repair while maintaining the same strength and quality as suture repair, the
FasT-Fix System has led an important shift in focus for the needs of knee
arthroscopy patients," said Ron Sparks, president, Smith & Nephew Endoscopy.
The FasT-Fix AB Meniscal Repair System is manufactured with Poly-L-Lactide
Polymer (PLLA), a material of the polyhydroxy acid family that in clinical
applications, has been shown to absorb over time.
About Smith & Nephew Inc., Endoscopy Division
Smith & Nephew Endoscopy (www.endoscopy1.com) is a world leader in the
development and commercialization of endoscopic techniques. Within endoscopy,
Smith & Nephew is the recognized world leader in arthroscopy (endoscopic
procedures performed on articulating joints).
It is one of the core business units of Smith & Nephew plc, (NYSE: SNN)
(London Stock Exchange: SN), a leading worldwide medical devices company with
a highly successful track record in developing, manufacturing and marketing a
wide variety of innovative and technologically advanced tissue repair
products. These products are primarily in the areas of bone, joints, skin and
other soft tissue. Smith & Nephew has extensive marketing and distribution
capabilities, with established sales in more than 90 countries.
This press release contains forward-looking statements. The company
wishes to caution the reader that actual results may differ from those
discussed in the forward-looking statements and may be adversely affected by,
among other things, risks associated with new product development and
commercialization, clinical trials, intellectual property, regulatory
approvals, competitive offerings, the company's overall business strategy and
Smith & Nephew Endoscopy
SOURCE Smith & Nephew, Inc.