Biomet Receives FDA Approval for Ceramic-On-Ceramic Hip System.WARSAW, Ind. -- Biomet Inc. (NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on :BMET BMET Biomedical Engineering Technology BMet Bachelor of Metallurgy BMET Bio-Medical Equipment Repair Technician ) announced today that the U.S. Food & Drug Administration has issued an approval order for the Company's C2a-Taper(TM) Acetabular acetabular /ac·e·tab·u·lar/ (as?e-tab´u-lar) pertaining to the acetabulum. acetabular pertaining to the acetabulum. acetabular dysplasia see hip dysplasia. System, featuring ceramic-on-ceramic articulation and Biomet's Porous Plasma Spray Plasma spraying, one of the thermal spraying family, is a materials processing technique for producing coatings and free-standing parts using a plasma jet. Deposits having thickness from micrometers to several millimeters can be produced from a variety of materials - metals, (PPS (Packets Per Second) The measurement of activity in a local area network (LAN). In LANs such as Ethernet, Token Ring and FDDI, as well as the Internet, data is broken up and transmitted in packets (frames), each with a source and destination address. (TM)) technology. The product launch will commence immediately. President and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. Dane A. Miller, Ph.D. stated, "We are pleased to announce receipt of the regulatory approval for Biomet's C2a-Taper(TM) Acetabular System. Biomet's ceramic-on-ceramic system offers surgeons a great alternative-bearing product, coupled with the Company's proven porous plasma spray coating technology for excellent long-term fixation." The C2a-Taper(TM) Acetabular System rounds out Biomet's hip bearing portfolio, which includes Biomet's broad line of M2a Metal-on-Metal Systems and the Company's metal and polyethylene constructs, featuring the second generation highly crosslinked ArComXL(TM) components, as well as the clinically-proven ArCom(R) products. With the addition of the ceramic-on-ceramic system, Biomet now offers one of the broadest ranges of hip articulation systems in the industry. Biomet, Inc. and its subsidiaries design, manufacture and market products used primarily by musculoskeletal musculoskeletal /mus·cu·lo·skel·e·tal/ (-skel´e-t'l) pertaining to or comprising the skeleton and muscles. mus·cu·lo·skel·e·tal adj. Relating to or involving the muscles and the skeleton. medical specialists in both surgical and non-surgical therapy. The Company's product portfolio encompasses reconstructive products, including orthopedic joint replacement devices, bone cements and accessories, and dental reconstructive implants; fixation products, including electrical bone growth stimulators, internal and external orthopedic fixation devices, craniomaxillofacial implants and bone substitute materials; spinal products, including spinal stimulation devices, spinal hardware and orthobiologics; and other products, such as arthroscopy Arthroscopy Definition Arthroscopy is the examination of a joint, specifically, the inside structures. The procedure is performed by inserting a specifically designed illuminated device into the joint through a small incision. products and softgoods and bracing products. Headquartered in Warsaw, Indiana, Biomet and its subsidiaries currently distribute products in more than 100 countries. For further information contact Greg W. Sasso, Vice President, Corporate Development and Communications at (574) 372-1528 or Barbara Goslee, Manager, Corporate Communications at (574) 372-1514. This press release contains certain statements that are "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, as amended. Although the Company believes that the assumptions, on which the forward-looking statements contained herein are based, are reasonable, any of those assumptions could prove to be inaccurate given the inherent uncertainties as to the occurrence or non-occurrence of future events. There can be no assurance that the forward-looking statements contained in this press release will prove to be accurate. The inclusion of a forward-looking statement herein should not be regarded as a representation by the Company that the Company's objectives will be achieved. All trademarks are owned by Biomet, Inc., or one of its subsidiaries. Note to Editors: The "2" in "C2a-Taper(TM) Acetabular System" and "M2a Metal-on-Metal Systems" should be superscript Any letter, digit or symbol that appears above the line. For example, 10 to the 9th power is written with the 9 in superscript (109). Contrast with subscript. . |
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