SANTA ROSA -- Sonoma Orthopedic Products Inc. today announced that it acquired "certain key assets" from Memphis-based NovaLign Orthopedics Inc.
The Santa Rosa-based medical device maker said it acquired intellectual property, assets and licenses for NovaLign's Intramedullary Fixation System, a minimally invasive procedure for healing fractures.
Terms of the acquisition were not disclosed.
The acquired assets will complement existing technology, the company said. Sonoma Orthopedic's WaviBody is a flexible-to-rigid science that permits implants to be inserted into bones and then locked to hold fractures in place while healing.
The new technology will be marketed under Sonoma Orthopedic's TaperBody brand, which is set for release in the second quarter.