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This is first step in a series of expected medical product regulatory submissions for the company.
April 8, 2016
By: Tyber Medical LLC
Morristown, N.J.-based Tyber Medical LLC, a medical device company focused on developing innovative orthopedic and spine devices for private label opportunities, announces U.S. Food and Drug Administration 510(k) clearance of Bioty, a modified surface treatment for use on their headless screw system. In addition, Tyber Medical has expanded their exclusive licensing agreement with Northeastern University to further enhance the Bioty proprietary technology and intellectual property. This initial FDA clearance is the first step in a series of regulatory submissions that are expected to enable the company to add Bioty to current and future products in the Tyber Medical product portfolio. In addition to Tyber Medical products, the company is currently exploring Bioty commercialization strategies with potential partners. The Bioty surface treatment is a nano-scale technology that features a unique proprietary process protected by multiple issued and pending patents. The technology modifies the surface characteristics of medical devices for advanced indications yet to be disclosed, but under development through the FDA review process. Tyber Medical, in collaboration with Northeastern University, is conducting multiple studies on BiotyTM to analyze cellular response with this technology. The company expects these results to support claims of a statistically significant decrease in bacterial adherence as compared to non-surface modified implants. “Based on initial results, we expect this technology to set the new market standard for orthopedic implants and will be applicable across the entire market” said Rui Ferreira, vice president of R&D at Tyber Medical. “We believe this partnership and technology demonstrates that Tyber Medical and Northeastern University are committed to not only developing orthopedic implants, but also scientific backed technologies that combine bioengineered surfaces and structural implants.” “With the excellent reputation of Northeastern University as a research institute, as well as Tyber Medical’s expertise in rapid device development and surface modification, the BiotyTM modified surface treatment technology and exclusive licensing agreement go hand in hand with Tyber Medical’s business model of providing rapid access to portfolio enhancing technologies” said Jeff Tyber, CEO and President of Tyber Medical. The FDA clearance, as well as the exclusive licensing agreement, are expected to continue to add game changing technology to the already unique products of Tyber Medical’s comprehensive portfolio of CE Marked and FDA approved private labeled implants. Tyber Medical’s portfolio now includes over 46,000 different product configurations within 22 different product lines, including the first available Modified Surface Treatment Technology. All of these technologies are available through Tyber Medical private label partnerships.
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