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.
"TaperBody implants can be inserted without violating surrounding joints and are especially useful for long bone structures," Sonoma Orthopedic said.
Privately held Sonoma Orthopedic develops and markets less-invasive, fracture-specific implant systems.
NovaLign Inc., formerly known as OsteoLign, Inc., received clearance from the Food and Drug Administration in March 2009 to market the Intramedullary Fixation System.