WARSAW, Ind., November 6, 2023 (GLOBE NEWSWIRE) — Orthopediatrics Corp. (“OrthoPediatrics”) (NASDAQ: KIDS), a company solely focused on advancing the field of pediatric orthopedics, today announced that the company has entered into an exclusive distribution agreement with Montreal-based Ora Medical to market Ora’s gait trainer. Medical, The Levity, a device designed for children with mobility problems.
The Levity supports a child with an innovative partial weight bearing mechanism. This allows the child to interact with the world using his arms, unlocking countless possibilities. Thanks to the unique design, each child can receive personalized treatment. The Levity comes with versatile features to meet a wide range of needs: body weight support, harness, speed and direction of the device are adjustable, and the foldable design offers easy transportation. The Levity is suitable for most children between the ages of 3 and 12.
The Levity supports a child at the waist, allowing for a unique hands-free experience that strengthens the muscles most important for optimal walking rehabilitation. This opens up a whole new experience for children and therapists, as the latter can now fully concentrate on patient engagement.
Joe Hauser, president of Trauma and Deformity Correction at OrthoPediatrics, added: “Our new partnership with the team at Ora Medical is an exciting step in our non-surgical business. By partnering with great organizations with world-class technology, we can help more children with orthopedic conditions worldwide. The Levity running trainer will be a great addition to our portfolio of mobility solutions under the Specialty Bracing brand.”
Sarah Lambert, CEO and co-founder of Ora Medical, said: “As we begin to expand beyond Canadian borders, our partnership with OrthoPediatrics is perfectly timed. Their established market presence and expertise will facilitate the distribution of our device, furthering our mission to improve the mobility of children worldwide.”
About OrthoPediatrics Corp.
Founded in 2006, OrthoPediatrics is an orthopedic company focused exclusively on advancing the field of pediatric orthopedics. As such, it has developed the most comprehensive product offering for the pediatric orthopedic market to improve the lives of children with orthopedic conditions. OrthoPediatrics currently markets 53 products serving three of the largest categories within the pediatric orthopedic market. This product offering includes trauma and deformity, scoliosis and sports medicine/other procedures. OrthoPediatrics’ global sales organization focuses exclusively on pediatric orthopedics and distributes its products in the United States and more than 70 countries outside the United States. For more information, please visit www.orthopediatrics.com.
Contact person for investors
Philip Trip Taylor
Gilmartin Group
philip@gilmartinir.com
415-937-5406
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