A Medical Device Daily
Orthocon (Irvington, New York), a privately-held therapeutic device company, reported the signing of an license agreement with Bezwada Biomedical (Hillsborough, New Jersey) to make Bezwada's technology for bone applications.
Bezwada Biomedical specializes in technology platforms comprised of bioabsorbable and biocompatible polyurethanes and polyamides derived from hydrolyzable isocyanates. This technology can be used to create absorbable surgical devices for a variety of applications including structural support, fixation, and drug delivery, with the potential to address significant limitations of existing therapeutic modalities.
John Pacifico, president/CEO of Orthocon, said, “This strategic partnership is another important milestone for ORTHOCON as it significantly enhances the company's technological capabilities and product pipeline. Bezwada Biomedical has invented new technology that clearly improves upon existing marketed products, and we are very pleased to be working with Dr. Bezwada and his team to develop and commercialize additional devices that address the needs of our surgeon customers.“
In other agreements/contracts news, Wolters Kluwer Health (Minneapolis), a provider of information for healthcare professionals and students, said Lancaster General Hospital (LGH; Lancaster, Pennsylvania) has selected its ProVation MD software for gastroenterology procedure documentation, coding and image integration.
ProVation MD replaces dictation and transcription and allows physicians to efficiently document procedures at the point of care. ProVation says its software streamlines the coding and billing process and enhances compliance by producing complete, coding-ready and image-enhanced procedure notes. The end result is greater efficiency, increased profitability and heightened clinician satisfaction.
LGH is a not-for-profit 623-bed Magnet-designated healthcare system. Wolters Kluwer Health's Clinical Solutions business unit provides evidence-based medical content, workflow based applications software and services that allow clinicians to diagnose and document patient care.