February 12, 2019—FREMONT, CA-(BUSINESSWIRE)—PrinterPrezz, Inc., a trailblazer in combining metal 3D printing, nanotechnologies and surgical expertise to design and manufacture next generation medical devices, today announced that it has signed a customer agreement with SI-BONE, Inc. (NASDAQ: SIBN), a medical device company that pioneered the minimally invasive surgical treatment of the sacroiliac joint with the iFuse Implant System®. As part of the agreement, PrinterPrezz will provide SI-BONE with development and build services for potential future 3D-printed advanced medical devices and implants.
“Our surgeons are asking for more metal 3D-printed medical solutions to help their patients, and we continue to push forward our R&D to deliver solutions for those who can benefit from surgical treatment of SI joint disorders,” said Scott Yerby, Chief Technology Officer of SI-BONE. “Working with PrinterPrezz’s local Bay Area Innovation Center enables extremely fast turnarounds for our engineering team. This allows us to test prototypes more quickly and iterate using 3D-printed models in pursuit of better patient outcomes.”
“Every year the percentage of people being impacted by injuries from sports and a growing aging population increases. We’re expecting the orthopedic market size to increase from $5 billion to $50 billion dollars,” said Shri Shetty, CEO of PrinterPrezz. “SI-BONE is at the forefront of providing minimally invasive surgical products for the sacroiliac joint, seeking to help patients around the world who are suffering from low back pain caused by SI joint dysfunction. We’re working closely with SI-BONE to accelerate ground-breaking development of high-performance devices to meet the demands of this large and underserved market. Leveraging our multidisciplinary team of clinicians and engineers as well as our suite of 3D printers, 3D manipulation software, and 3D scanners, PrinterPrezz helps customers bring life-changing orthopedic devices to market faster.”
PrinterPrezz’s unique Medifacturing™ approach provides expertise and advanced production capabilities to customers in areas where they need help most. For medical device designers, this means expert knowledge in both the operating room and the manufacturing floor. PrinterPrezz’s expertise in additive manufacturing and nanotechnology assists customers on both sides of the spectrum, helping them to meet the rapidly changing orthopedics landscape.
About SI-BONE, Inc.
SI-BONE is a medical device company that pioneered the iFuse Implant System, a minimally invasive surgical system for fusion of the sacroiliac joint to treat sacroiliac joint dysfunction. The SI joint is believed to be the last major joint with a clinically proven surgical treatment. The iFuse Implant, commercially available since 2009, is believed to be the only SI joint fusion device supported by multiple prospective clinical studies showing improved pain, patient function and quality of life resulting from treatment. There are over 60 peer-reviewed publications supporting the safety, effectiveness, and biomechanical and economic benefits unique to the iFuse Implant (www.si-bone.com/results). This body of evidence has enabled multiple government and private insurance payors to establish coverage of the SI joint fusion procedure exclusively when performed with the iFuse Implant System.
The iFuse Implant System is intended for sacroiliac fusion for conditions including sacroiliac joint dysfunction that is a direct result of sacroiliac joint disruption and degenerative sacroiliitis. This includes conditions whose symptoms began during pregnancy or in the peripartum period and have persisted postpartum for more than 6 months. There are potential risks associated with the iFuse Implant System. It may not be appropriate for all patients and all patients may not benefit.
SI-BONE and iFuse Implant System are registered trademarks of SI-BONE, Inc. ©2019 SI-BONE, Inc. All Rights Reserved.
About PrinterPrezz, Inc.
PrinterPrezz’s mission is to bring more ideas for innovative medical devices to market faster, connecting medicine and manufacturing to become the first Medifacturing™ company in the world. By developing advanced medical devices using processes that combine expertise in 3D printing, orthopedics, semiconductor and nanotechnologies, PrinterPrezz’s ultimate goal is to provide medical solutions that enable people to enjoy active lives longer. PrinterPrezz’s ecosystem aims to solve challenges for various parts of the medical innovation value chain by providing prototyping, development, and manufacturing services to create life-enhancing medical devices. PrinterPrezz provides customers with access to a variety of 3D printing machines, 3D manipulation software, and 3D scanners as well as advanced manufacturing processes, and surgeon education programs. Medical solutions created by PrinterPrezz are designed to enable more people to live happier and more gratifying lives. For additional information about the company, please visit www.printerprezz.com.
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