What is now Orthofix Medical Inc. began in Verona, Italy, from the work of orthopedic researcher Giovanni De Bastiani, of the University of Verona. Toward the end of the 1970s, De Bastiani proposed the concept of "dynamization," based on the natural ability of bone to repair itself. He developed a modular system of external axial frame devices that could be fitted to a bone, allowing micromovement at the fracture site to stimulate bone healing. Together with a group of surgeons and an industrial engineer, De Bastiani founded Orthofix in 1980 in order to continue the development of these devices and to bring them to market. By the 1990s, our products were sold in more than 60 countries.
Today, Orthofix is a global medical device company focused on musculoskeletal healing products and value-added services. The Company’s mission is to improve patients' lives by providing superior reconstruction and regenerative musculoskeletal solutions to physicians worldwide. Headquartered in Lewisville, Texas, the Company has four strategic business units: BioStim, Extremity Fixation, Spine Fixation, and Biologics. Orthofix products are widely distributed via the Company's sales representatives and distributors. In addition, Orthofix is collaborating on research and development activities with leading clinical organizations such as MTF Biologics, the Orthopedic Research and Education Foundation and the Texas Scottish Rite Hospital for Children.
For more Orthofix milestones, please view the timeline below.
Launched Centurion POCT System.
Launched Galaxy UNYCO*.
FDA 510K clearance and CE Mark approval of LONESTAR™ Cervical Stand Alone System.
Secured exclusive licensing and distribution agreement for the Samba-Screw® SI Fixation System.
Launch of Trinity ELITE® Allograft with Viable Cells to enhance bone fusion in patients with musculoskeletal defects. This tissue has the unique feature of being fully moldable.
Full market release for VersaShield™
Launched Galaxy Wrist Fixator*, Contours VPS®-3 and Contours PHP.
Launched Galaxy Fixation in International Markets (U.S. excluded).
Launched TL-HEX (TrueLok Hexapod System) in International Markets (U.S. excluded).
Full market release of Collage™ synthetic bone graft substitute.
Launched Ankle Compression Nail.
Launched Firebird® Deformity System.
Launched Phoenix® Minimally Invasive Spinal Fixation System.
Launched quad-Plate - Guided Growth System.
Launched Firebird® Spinal Fixation System (SFS).
Launched LRS ADVanced and Prefix II Fixator*.
Entered in co-development agreement with the Musculoskeletal Transplant Foundation as tissue processor to launch Trinity Evolution® Allograft with Viable Cells.
Entered into licensing with Texas Scottish Rite Hospital for Children. Launched the TrueLok™ Ring Fixator.
Launched Calcaneal Fixator.
Acquired privately-held spinal implants and biologics technology firm, Blackstone Medical, Inc.
Launched three new internal systems for upper and lower trauma indications: Centronail System, Veronail System and Contours VPS (Volar Plating System).
Acquired Breg, Inc., a bracing and pain management manufacturer adding $60 million in annual revenues.
Cervical-Stim® bone growth stimulator receives PMA approval as the only cervical spine fusion enhancement system.
Acquired and launched the eight-Plate Guided Growth System.
Launched Prefix Fixator.
Launched Gotfried PC.C.P. (Percutaneous Compression Plating for Pertrochanteric Hip Fractures).
Launched XCaliber Fixator, XCaliber Screws, ISKD* and Sheffield Ring Fixator.
Acquired Kinesis Medical, Inc. and the Orthotrac Pneumatic Vest technology.
Launched Small Blue DAF
Launched Radiolucent Wrist Fixator, Hydroxyapatite Coated Screws and Pertrochanteric Fixator.
Launched Hybrid Fixation System.
Acquired American Medical Electronics Inc., U.S. manufacturing and distribution network, including Spinal-Stim® and Physio-Stim® bone growth stimulation technology.
Launched Pennig II Fixator, Stainless Steel Nailing System, ProCallus Fixator and Fragment Fixation System.
Launched Pennig Minifixator and Elbow Fixator.
Acquired Orthosonics and OSCAR Ultrasonic Cement Removal technology.
Launched Pelvic Fixator.
Orthofix listed on NASDAQ as OFIX.
Acquired Novamedix Ltd. and A-V Impulse System technology.
Launched Pennig I Fixator.
Launched IOWA Pelvis.
Launched Limb Reconstruction System.
Launched MiniRail System.
Launched Small Fixator (30000 series).
Launched Limb Lengthener (20000 series).
Orthofix founded in Verona, Italy as a manufacturer of modular external fixation devices.
*This device is not cleared by the FDA for distribution in the United States.