Foot and ankle implant developer Nextremity Solutions said last week it completed its acquisition of Del Palma Orthopedic‘s foot fusion technology assets
The purchase consists of multiple issued and in-prosecution utility and design patents and their associated intellectual property, as well as partially developed foot fusion devices, Warsaw, Ind.-based Nextremity Solutions said.
“The acquisition of the Del Palma technology is another step in Nextremity’s journey to being recognized as the leader in innovation within the foot and ankle market. Given the interest in this technology by others in the foot and ankle marketplace, Nextremity is excited about obtaining this IP and the opportunity to bring this technology to foot and ankle surgeons in order to improve their patient outcomes,” Nextremity CFO Frank Patton said in prepared remarks.