OrthoPediatrics Corp. Announces Distribution Agreement with Thrive Orthopedics LLC
January 22 2025 - 8:05AM
OrthoPediatrics Corp. (“OrthoPediatrics” or the “Company”) (Nasdaq:
KIDS), a company focused exclusively on advancing the field of
pediatric orthopedics, announced today that the Company gained
distribution rights to bring additional bracing solutions to the US
market through its OrthoPediatrics Specialty Bracing (OPSB)
division.
OrthoPediatrics’ OPSB division has established a
distribution agreement with Thrive Orthopedics LLC focused on three
unique pediatric orthotic solutions. The Thrive Orthopedics F3 Hero
Pediatric AFO is a lightweight carbon fiber ankle foot orthosis
that provides the stability needed to improve walking while
allowing flexibility and energy return at the correct moments to
produce a more normalized, smooth, and dynamic walking pattern.
This type of AFO is indicated for children who have challenges
walking due to cerebral palsy, spina bifida, foot drop due to
chemotherapy, or many other diagnoses. The TruStretch Pediatric
Equinus Brace® is an innovative “above the knee” bracing
solution that provides optimal stretching of the gastroc-soleus
muscles for children with equinus deformity. The Thrive® Pediatric
X-Glide Carbon Fiber Insoles come in both rigid and flexible foot
plate styles and offer low profile and lightweight gait training
tools.
Joe Hauser, OrthoPediatrics Specialty Bracing
division President, commented, “The OPSB team is starting the new
year off with exciting news. I am so proud of everything we are
advancing to help more KIDS with non-operative care. The
distribution agreement with Thrive Orthopedics represents the next
phase of our planned growth, bringing more innovative solutions to
children around the world.”
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 to the pediatric orthopedic market to improve the
lives of children with orthopedic conditions. OrthoPediatrics
currently markets over 70 products that serve three of the largest
categories within the pediatric orthopedic market. This product
offering spans trauma and deformity, scoliosis, and sports
medicine/other procedures. OrthoPediatrics’ global sales
organization is focused exclusively on pediatric orthopedics and
distributes its products in the United States and over 70 countries
outside the United States. For more information, please visit
www.orthopediatrics.com. For more information about the
OrthoPediatrics Specialty Bracing portfolio, please
visit https://opsb.com/.
About Thrive OrthopedicsThrive
Orthopedics was founded on one simple premise; to help
practitioners and patients by designing and delivering the best
carbon fiber AFOs in the world. We believe our products
have the best function, craftsmanship, value, and warranty in the
entire industry. We are delivering health with compassion and
care.
Investor ContactPhilip Trip
TaylorGilmartin Groupphilip@gilmartinir.com415-937-5406
OrthoPediatrics (NASDAQ:KIDS)
Historical Stock Chart
From Dec 2024 to Jan 2025
OrthoPediatrics (NASDAQ:KIDS)
Historical Stock Chart
From Jan 2024 to Jan 2025