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Paragon 28 Launches TenoTac™ 2.0 Soft Tissue Stabilization System for Hammertoe and Soft Tissue Repair
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Rhea-AI Sentiment
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Rhea-AI Summary
Paragon 28, Inc. (NYSE: FNA) has announced the launch of its TenoTac™ 2.0 Soft Tissue Fixation System, enhancing its hammertoe and soft-tissue portfolio. The new system features a titanium threaded implant designed for improved capture of soft tissue, streamlined tensioning, and better fit. CEO Albert DaCosta emphasized the device's potential to enhance surgical control and patient outcomes. This launch adds to a diverse range of the company’s existing hammertoe solutions, including the Paratrooper™ Plantar Plate System and Mini-Monster® Screw System.
Positive
Launch of TenoTac™ 2.0 Soft Tissue Fixation System aimed at improving patient outcomes.
Enhanced functionality with titanium threaded implant for better soft tissue capture.
Expansion of product portfolio in the hammertoe segment, indicating growth potential.
Negative
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ENGLEWOOD, Colo.--(BUSINESS WIRE)--
Paragon 28, Inc. (NYSE: FNA), a leading medical device company exclusively focused on the foot and ankle orthopedic market, today announced further expansion of its hammertoe and soft-tissue portfolio with the launch of its TenoTac™ 2.0 Soft Tissue Fixation System. The TenoTac™ 2.0 Soft Tissue Fixation System uses a titanium threaded implant and was designed to allow for greater capture of soft tissue, streamlined tensioning, and improved fit to the bony surface.
TenoTac™ 2.0 Soft Tissue Stabilization System (Graphic: Business Wire)
Paragon 28’s CEO, Albert DaCosta, commented, “With the launch of TenoTac™ 2.0, we further refined our initial offering to allow surgeons greater control and precision to address the unique needs of each patient. TenoTac™ 2.0 adds to our growing portfolio of soft tissue products and the Hammertoe segment, with opportunities for significant improvements in patient outcomes.”
The addition of the TenoTac™ 2.0 Soft Tissue Fixation System bolsters Paragon 28’s hammertoe product offering, which includes the Paratrooper™ Plantar Plate System, HammerTube™ Hammertoe System, Mini-Monster® Screw System, and JAWS Staple System. With this comprehensive portfolio, Paragon 28® provides its customers innovative forefoot solutions to address flexible and rigid contractures of the lesser toes.
About Paragon 28, Inc.
Based in Englewood, CO., Paragon 28, is a leading medical device company exclusively focused on the foot and ankle orthopedic market and is dedicated to improving patient lives. From the onset, Paragon 28® has provided innovative orthopedic solutions, procedural approaches and instrumentation that cover a wide range of foot and ankle ailments including fracture fixation, hallux valgus (bunions), hammertoe, ankle, progressive collapsing foot deformity (PCFD) or flatfoot, charcot foot and orthobiologics. The company designs products with both the patient and surgeon in mind, with the goal of improving outcomes, reducing ailment recurrence and complication rates, and making the procedures simpler, consistent, and reproducible.
What is the TenoTac™ 2.0 Soft Tissue Fixation System by Paragon 28?
The TenoTac™ 2.0 is a new soft tissue fixation system that utilizes a titanium threaded implant, designed to enhance surgical control and improve patient outcomes.
When was the TenoTac™ 2.0 Soft Tissue Fixation System launched?
Paragon 28 announced the launch of the TenoTac™ 2.0 Soft Tissue Fixation System on May 19, 2022.
What company trades under the ticker symbol FNA?
Paragon 28, Inc. trades under the ticker symbol FNA on the NYSE.
How does the TenoTac™ 2.0 improve upon previous systems?
The TenoTac™ 2.0 offers greater capture of soft tissue, streamlined tensioning, and an improved fit to the bony surface compared to earlier versions.
What are the key products of Paragon 28 related to hammertoe?
Key products include the Paratrooper™ Plantar Plate System, HammerTube™ Hammertoe System, Mini-Monster® Screw System, and JAWS Staple System.
