Orthopaedic Company, BioPoly LLC, Announces Issuance of Patent
Posted: Feb 18th, 2010
FORT WAYNE, IN — BioPoly LLC, a local orthopaedic device manufacturer and Schwartz Biomedical subsidiary, announces that one of its key patents has issued. The issuance of this patent protects the BioPoly™ material claims and provides the company with a unique competitive advantage. This patent is one of an entire family of patents that have been filed to protect this technology. BioPoly LLC obtained an exclusive license for this technology from Colorado State University.
The BioPoly™ material is being used by the company in a host of orthopaedic implant applications. The unique characteristics of the BioPoly™ material allow it to interface optimally with orthopaedic tissues; thus, allowing direct contact between BioPoly™ and cartilage and/or bone. The first product being released to the market takes advantage of this attribute by the partial resurfacing of the knee joint; therefore, only the damaged portion of the knee surface is replaced, leaving the remaining healthy tissue intact.
According to the company’s Chief Financial Officer, Sabra Rowley CPA, “The issuance of this patent supports the investments made into this technology. We are excited to be able to offer the forthcoming implants to patients soon.”
About Schwartz Biomedical
Schwartz Biomedical is a tissue engineering company located in Fort Wayne, Indiana. With its engineers and scientists, the company innovates, researches, and develops novel tissue engineering and biologically based solutions to orthopaedic problems. Web site: www.schwartzbiomedical.com
BioPoly LLC is an orthopaedic research, design and manufacturing company also located in Fort Wayne, Indiana. The company is developing and manufacturing products for use in the sports medicine, orthopaedics, and spinal markets.