STRYKER TO ENTER U.S. HIP RESURFACING MARKET
Stryker has entered into an exclusive U.S. marketing and distribution agreement with UK-based Corin Group for the Cormet Hip Resurfacing System and Optimom, its large diameter articulation hip system.
The 10-year agreement with Corin, a manufacturer and supplier of orthopedic devices, enables Stryker to be one of the first companies to offer hip resurfacing technology to patients in the U.S. A premarket approval application for the Cormet Resurfacing Hip System has been filed with the FDA and is under consideration for approval.
"Hip resurfacing provides Stryker with yet another alternative to help younger patients return to more active lifestyles," said Stryker President Michael Mogul. "We are committed to providing this option to patients in the U.S. and our international markets."
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