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Saturday, July 2, 2022

Conformis [NASDAQ: CFMS] Entered A Non-Exclusive agreement with SITES Medical

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Conformis Inc [NASDAQ: CFMS] revealed that the company inked a development and supply contract with sites medical. Both of the companies will work together to embed OsteoSync TI technology of SITES Medical into future cementless knee replacement products by Conformis.

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The Osteosync Ti technology is a highly permeable titanium bone ingrowth material. Moreover, Its design is to meet the needs of health stakeholders. Greg Stalcup  CEO and president of SITES Medical states “ We are glad to be collaborating with Conformis. Furthermore, We look forward to combining our respective technologies to deliver cost-effective and high-performance products to the market.”

John SLamin SVP Confromis said, “ We’re glad to sign this contract. Additionally we anticipate working with SITES Medical and applying their technology to our future cementless knee replacement product”.

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