{"id":402342,"date":"2020-12-17T16:18:26","date_gmt":"2020-12-17T21:18:26","guid":{"rendered":"http:\/\/www.marketnewsdesk.com\/?p=402342"},"modified":"2020-12-17T16:18:26","modified_gmt":"2020-12-17T21:18:26","slug":"conformis-announces-u-s-commercial-launch-of-cordera-match-hip-system","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/conformis-announces-u-s-commercial-launch-of-cordera-match-hip-system\/","title":{"rendered":"Conformis Announces U.S. Commercial Launch of Cordera\u2122 Match Hip System"},"content":{"rendered":"<h2>\nCordera\u2122\u00a0Match Hip System combines the proven Cordera\u2122 hip stem with Conformis\u2019 state-of-the-art, personalized pre-operative plans and patient-specific instruments.<br \/>\n<\/h2>\n<div class=\"mw_release\">\n<p>BILLERICA, Mass., Dec.  17, 2020  (GLOBE NEWSWIRE) &#8212; Conformis, Inc.\u00a0(NASDAQ: CFMS) announced today the U.S. commercial launch of the Company\u2019s new Cordera\u2122\u00a0Match Hip System. The Company previously announced 510(k) clearance by the\u00a0U.S. Food and Drug Administration for the Cordera\u2122\u00a0Hip System on September 29, 2020, and Cordera\u2122\u00a0Match represents one of multiple planned product extensions featuring the proven Cordera\u2122 Hip System.<\/p>\n<p>The Cordera\u2122\u00a0Match Hip System is an uncemented, primary total hip replacement system composed of femoral (thigh) and acetabular (socket of the hip bone) components. It is implanted utilizing a surgeon-approved, personalized surgical plan (iView\u00ae) and patient-specific instrumentation (PSI or, specifically, iJigs\u00ae). A Cordera\u2122 Match hip replacement procedure can be performed with just one reusable instrument tray. All implants and patient-specific instruments are delivered sterile to hospitals and ambulatory surgery centers (ASCs).<\/p>\n<p>\u201cOur new Cordera\u2122\u00a0Match Hip System begins the expansion of our growing total hip portfolio. The system, which is inserted using either an anterior or posterior surgical approach, is designed to allow more surgeons to treat a wider range of hip patients effectively,\u201d said\u00a0Mark Augusti, President and CEO. \u201cOver the next year, we plan to launch multiple product extensions featuring the Cordera\u2122 stem. With this first offering, surgeons who like to operate with the Cordera\u2122 stem will benefit from the significant value provided by Conformis\u2019 personalized surgical plan and best-in-class PSI guides, all delivered through a safe, sterile, and efficient model for hospitals and ASC sites of care.\u201d<\/p>\n<p>Conformis engineers design the Cordera\u2122 Match iView\u00ae surgical plan and iJigs\u00ae based on each patient\u2019s unique anatomy. Surgeons have the option to then adjust the surgical plan before approving the order.<\/p>\n<p>The iView\u00ae also provides a Digitally Reconstructed Radiograph (DRR). The DRR is a simulated full pelvis image created from the CT scan. The image is aligned parallel to the anterior superior iliac spine\u00a0(ASIS), reducing the possibility of a tilted pelvis and thus providing more precise measurements. Leg length measurements are then taken referencing the patient\u2019s anatomical landmarks to provide the surgeon with data needed to help make intraoperative decisions.<\/p>\n<p>According to OrthoWorld, the global hip joint reconstruction market is projected to exceed\u00a0$8 billion, with nearly 500,000 hip replacements to be performed in\u00a0the\u00a0United States\u00a0next year.<\/p>\n<p>\n        <strong>About\u00a0Conformis, Inc.<\/strong><br \/>\n        <br \/>Conformis\u00a0is a medical technology company that uses its proprietary iFit Image-to-Implant technology platform to develop, manufacture, and sell joint replacement implants and instruments that are individually sized and shaped, which we refer to as personalized, individualized, or sometimes as customized, to fit and conform to each patient\u2019s unique anatomy.\u00a0\u00a0Conformis\u00a0offers a broad line of sterile, personalized knee and hip implants and single-use instruments delivered to hospitals.\u00a0\u00a0In clinical studies, the\u00a0Conformis\u00a0iTotal CR knee replacement system demonstrated superior clinical outcomes, including better function and greater patient satisfaction, compared to traditional, off-the-shelf implants.\u00a0 Conformis owns or exclusively in-licenses issued patents and pending patent applications that cover personalized implants and patient-specific instrumentation for all major joints.<\/p>\n<p>For more information, visit\u00a0<a href=\"https:\/\/www.globenewswire.com\/Tracker?data=faAA880natZgAZAD3WQ98m38z3I_e86CcumI6C9nhm4lYSuQRAph60qiMREXY597Q841P4kZ3hzyB-t81zR_S49uJrWPAO63nhfesrCjVH4=\" rel=\"nofollow noopener noreferrer\" target=\"_blank\">www.conformis.com.<\/a>\u00a0 To receive future releases in e-mail alerts, sign up at\u00a0<a href=\"https:\/\/www.globenewswire.com\/Tracker?data=jcnMXMYgbd9cIKVqETNq-oh6nig5I5sWzVJoNR2ZPfgNJIlVSbiWgmFq1gk3WmhzUpweE47YwxpXuCzgbmhCh-uQWxZRtXa9-TocW2h1JiI=\" rel=\"nofollow noopener noreferrer\" target=\"_blank\"><u>http:\/\/ir.conformis.com<\/u><\/a>.<\/p>\n<p>\n        <strong>Cautionary Statement Regarding Forward-Looking Statements<\/strong><br \/>\n        <br \/>Statements in this press release about our future expectations, plans and prospects, as well as other statements containing the words \u201canticipate,\u201d \u201cbelieve,\u201d \u201ccontinue,\u201d \u201ccould,\u201d \u201cestimate,\u201d \u201cexpect,\u201d \u201cintend,\u201d \u201cmay,\u201d \u201cmight,\u201d \u201cplan,\u201d \u201cpotential,\u201d \u201cpredict,\u201d \u201cproject,\u201d \u201cshould,\u201d \u201ctarget,\u201d \u201cwill,\u201d or \u201cwould\u201d and similar expressions, constitute forward-looking statements within the meaning of the safe harbor provisions of The Private Securities Litigation Reform Act of 1995. You should not place undue reliance on our forward-looking statements. Actual results could differ materially from the projections disclosed in the forward-looking statements we make as a result of a variety of risks and uncertainties, including risks and uncertainties described in the \u201cRisk Factors\u201d sections of our public filings with the\u00a0Securities and Exchange Commission. In addition, the forward-looking statements included in this press release represent our views as of the date hereof. We anticipate that subsequent events and developments may cause our views to change. However, while we may elect to update these forward-looking statements at some point in the future, we specifically disclaim any obligation to do so. These forward-looking statements should not be relied upon as representing our views as of any date subsequent to the date hereof.<\/p>\n<p>For more information, visit\u00a0<a href=\"https:\/\/www.globenewswire.com\/Tracker?data=faAA880natZgAZAD3WQ98rBZrVcIZNscPswtz1GWYzfEtisaMezF-YLqmtI4FfnqtvmCCuAlHUmU7nbiV0XeBBolwDjB7FBwmmxM7UrniDU=\" rel=\"nofollow noopener noreferrer\" target=\"_blank\"><u>www.conformis.com<\/u><\/a>.\u00a0 To receive future releases in e-mail alerts, sign up at\u00a0<a href=\"https:\/\/www.globenewswire.com\/Tracker?data=JU0j8smorUargccOHhrMJFtb67CY4MKGL7bxKpmK1d5234seFTFeTlJPF6SOTDyzHgenw3r8twOoNR180XK7yQ==\" rel=\"nofollow noopener noreferrer\" target=\"_blank\"><u>ir.conformis.com<\/u><\/a>.<\/p>\n<p>\u00a0<\/p>\n<p>      <img loading=\"lazy\" decoding=\"async\" class=\"__GNW8366DE3E__IMG\" src=\"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=ODExNDM2NiMzODg3MjgxIzIwMTg3MjU=\" width=\"1\" height=\"1\" \/><br \/>\n      <br \/>\n      <img loading=\"lazy\" decoding=\"async\" class=\"__GNW8366DE3E__IMG\" src=\"https:\/\/ml.globenewswire.com\/release\/track\/a17a4fab-42ea-48a4-b19c-c4d130a2ea72\" width=\"1\" height=\"1\" \/>\n    <\/div>\n<div class=\"mw_contactinfo\">\n<pre>CONTACT:\r\nInvestor contact\r\nir@conformis.com\r\n(781) 374-5598<\/pre>\n<\/p><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Cordera\u2122\u00a0Match Hip System combines the proven Cordera\u2122 hip stem with Conformis\u2019 state-of-the-art, personalized pre-operative plans and patient-specific instruments. BILLERICA, Mass., Dec. 17, 2020 (GLOBE NEWSWIRE) &#8212; Conformis, Inc.\u00a0(NASDAQ: CFMS) announced today the U.S. commercial launch of the Company\u2019s new Cordera\u2122\u00a0Match Hip System. The Company previously announced 510(k) clearance by the\u00a0U.S. Food and Drug Administration for the Cordera\u2122\u00a0Hip System on September 29, 2020, and Cordera\u2122\u00a0Match represents one of multiple planned product extensions featuring the proven Cordera\u2122 Hip System. The Cordera\u2122\u00a0Match Hip System is an uncemented, primary total hip replacement system composed of femoral (thigh) and acetabular (socket of the hip bone) components. It is implanted utilizing a surgeon-approved, personalized surgical plan (iView\u00ae) and patient-specific instrumentation (PSI or, specifically, iJigs\u00ae). A Cordera\u2122 &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/conformis-announces-u-s-commercial-launch-of-cordera-match-hip-system\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Conformis Announces U.S. Commercial Launch of Cordera\u2122 Match Hip System&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-402342","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.3 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Conformis Announces U.S. Commercial Launch of Cordera\u2122 Match Hip System - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/conformis-announces-u-s-commercial-launch-of-cordera-match-hip-system\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Conformis Announces U.S. Commercial Launch of Cordera\u2122 Match Hip System - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"Cordera\u2122\u00a0Match Hip System combines the proven Cordera\u2122 hip stem with Conformis\u2019 state-of-the-art, personalized pre-operative plans and patient-specific instruments. BILLERICA, Mass., Dec. 17, 2020 (GLOBE NEWSWIRE) &#8212; Conformis, Inc.\u00a0(NASDAQ: CFMS) announced today the U.S. commercial launch of the Company\u2019s new Cordera\u2122\u00a0Match Hip System. The Company previously announced 510(k) clearance by the\u00a0U.S. Food and Drug Administration for the Cordera\u2122\u00a0Hip System on September 29, 2020, and Cordera\u2122\u00a0Match represents one of multiple planned product extensions featuring the proven Cordera\u2122 Hip System. The Cordera\u2122\u00a0Match Hip System is an uncemented, primary total hip replacement system composed of femoral (thigh) and acetabular (socket of the hip bone) components. It is implanted utilizing a surgeon-approved, personalized surgical plan (iView\u00ae) and patient-specific instrumentation (PSI or, specifically, iJigs\u00ae). A Cordera\u2122 &hellip; Continue reading &quot;Conformis Announces U.S. Commercial Launch of Cordera\u2122 Match Hip System&quot;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/conformis-announces-u-s-commercial-launch-of-cordera-match-hip-system\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2020-12-17T21:18:26+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=ODExNDM2NiMzODg3MjgxIzIwMTg3MjU=\" \/>\n<meta name=\"author\" content=\"Newsdesk\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Newsdesk\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"4 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/conformis-announces-u-s-commercial-launch-of-cordera-match-hip-system\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/conformis-announces-u-s-commercial-launch-of-cordera-match-hip-system\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"Conformis Announces U.S. Commercial Launch of Cordera\u2122 Match Hip System\",\"datePublished\":\"2020-12-17T21:18:26+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/conformis-announces-u-s-commercial-launch-of-cordera-match-hip-system\\\/\"},\"wordCount\":761,\"image\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/conformis-announces-u-s-commercial-launch-of-cordera-match-hip-system\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.globenewswire.com\\\/newsroom\\\/ti?nf=ODExNDM2NiMzODg3MjgxIzIwMTg3MjU=\",\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/conformis-announces-u-s-commercial-launch-of-cordera-match-hip-system\\\/\",\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/conformis-announces-u-s-commercial-launch-of-cordera-match-hip-system\\\/\",\"name\":\"Conformis Announces U.S. Commercial Launch of Cordera\u2122 Match Hip System - 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BILLERICA, Mass., Dec. 17, 2020 (GLOBE NEWSWIRE) &#8212; Conformis, Inc.\u00a0(NASDAQ: CFMS) announced today the U.S. commercial launch of the Company\u2019s new Cordera\u2122\u00a0Match Hip System. The Company previously announced 510(k) clearance by the\u00a0U.S. Food and Drug Administration for the Cordera\u2122\u00a0Hip System on September 29, 2020, and Cordera\u2122\u00a0Match represents one of multiple planned product extensions featuring the proven Cordera\u2122 Hip System. The Cordera\u2122\u00a0Match Hip System is an uncemented, primary total hip replacement system composed of femoral (thigh) and acetabular (socket of the hip bone) components. It is implanted utilizing a surgeon-approved, personalized surgical plan (iView\u00ae) and patient-specific instrumentation (PSI or, specifically, iJigs\u00ae). 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