TELA Bio, Inc. (NASDAQ: TELA), a commercial-stage medical
technology company focused on providing innovative soft-tissue
reconstruction solutions, today announced the European launch of
OviTex Inguinal Reinforced Tissue Matrix, the only reinforced
tissue matrix specifically engineered for laparoscopic and
robotic-assisted inguinal hernia repair.
This milestone follows the successful U.S.
launch of OviTex Inguinal in 2024, where it has achieved over $1
million in sales in its first year and has seen growing adoption by
surgeons seeking a tailored, more natural alternative to synthetic
mesh for inguinal hernia procedures.
OviTex Inguinal is available in two
configurations in Europe, consisting of a three- or four-layer
anatomically shaped device, to provide surgeons with a variety of
options to address unique patient, technique or procedure-related
characteristics. Each configuration has been designed for
trocar-compatibility to enhance use of these products in
laparoscopic and robotic procedures.
OviTex Inguinal builds on the existing OviTex
portfolio, a next generation reinforced tissue matrix that utilizes
layers of ovine (sheep) rumen interwoven with just enough polymer
for added strength, designed to minimize permanent polymer
footprint. OviTex has over 8 years of clinical experience with
more than 69,000 implantations and over 40 published or presented
works globally demonstrating its clinical efficacy in hernia
repair, based on sales and internal data.
This data includes a prior retrospective study,
Minimizing Retained Foreign Body in Hernia Repair Using a Novel
Technique: Reinforced Biologic Augmented Repair (ReBAR), examining
OviTex Core Permanent in a variety of hernia repair techniques and
indications. The study, led by Dr. Paul Szotek, Medical Director of
the Indiana Hernia Center, included the analysis of 259 patients
who underwent robotic inguinal hernia TAPP repair using the ReBAR
technique and demonstrated a low 1.2% recurrence rate with an
average follow up of 1.5 years.
“As the adoption of robotic-assisted procedures
continues to expand across Europe, there is great opportunity for
naturally derived devices that support healing and have strong
clinical data,” said Bill Allan, President of TELA Bio’s Europe
Operations. “OviTex Inguinal is purpose-built to address that need.
In the European market—where shared decision-making between
surgeons and patients is a hallmark of surgical planning, this
product is an ideal fit. We believe it offers European surgeons a
compelling option that is designed to deliver on both clinical
performance and patient expectations.”
OviTex Inguinal will be showcased this week at
the European Hernia Society (EHS) Annual Congress in Paris, France,
where the TELA Bio team will highlight the product’s design
features and clinical history.
To learn more about OviTex Inguinal, visit
www.telabio.com.
About TELA Bio, Inc.TELA Bio,
Inc. (NASDAQ: TELA) is a commercial-stage medical technology
company focused on providing innovative technologies that optimize
clinical outcomes by prioritizing the preservation and restoration
of the patient's own anatomy. The Company is committed to providing
surgeons with advanced, economically effective soft-tissue
reconstruction solutions that leverage the patient's natural
healing response while minimizing long-term exposure to permanent
synthetic materials. For more information, visit
www.telabio.com.
About OviTex and OviTex
Inguinal DevicesOviTex Reinforced Tissue
Matrix is intended for use as a surgical mesh to reinforce and/or
repair soft tissue where weakness exists. Indications for use
include the repair of hernias and/or abdominal wall defects that
require the use of reinforcing or bridging material to obtain the
desired surgical outcome. OviTex Inguinal is intended for use as a
surgical mesh to reinforce and/or repair tissue where weakness
exists. Indications for use include the repair of inguinal hernias
that require the use of reinforcing material to obtain the desired
surgical outcome.
Do not use OviTex/OviTex Inguinal in patients
with a known sensitivity to materials of ovine (sheep) origin. Use
of OviTex/OviTex Inguinal in this patient population may result in
an allergic or immunological reaction.
The following adverse events have been reported
for surgical repair of hernias (with or without a surgical mesh):
pain, infection, dysphagia, hernia recurrence, dehiscence, abscess,
adhesion, bowel obstruction, bleeding, fistula, seroma,
perforation, mesh migration, and mesh contraction.
Caution Regarding Forward-Looking
StatementsThis press release contains forward-looking
statements within the meaning of The Private Securities Litigation
Reform Act of 1995. Words such as "may," "might," "will," "should,"
"believe," "expect," "anticipate," "estimate," "continue,"
"predict," "forecast," "project," "plan," "intend" or similar
expressions, or statements regarding intent, belief, or current
expectations are forward-looking statements and reflect the current
beliefs of TELA's management, including with respect to the launch
of OviTex Inguinal Reinforced Tissue Matrix in Europe. These
statements are not guarantees of future performance and are subject
to certain risks, uncertainties and other factors that could cause
actual results and events to differ materially and adversely from
those indicated by such forward-looking statements including, among
others: the impact to our business from macroeconomic conditions,
including recessionary concerns, banking instability, increasing
market interest rates, monetary policy changes, changes in trade
policies, including tariffs and trade protection measures, and
inflationary pressures, potentially impacting our ability to market
our products; demand for our products related to changes in volumes
or frequency of surgical procedures, including due to outbreak of
illness or disease, cybersecurity events impacting hospital
operations, potential hospital closures, labor and hospital
staffing shortages, supply chain disruptions to critical surgical
and hospital supplies, pricing pressures or any other applicable
adverse healthcare economic factors; our ability to achieve or
sustain profitability; our ability to gain market acceptance for
our products and to accurately forecast and meet customer demand;
our ability to compete successfully; that data from earlier studies
related to our products and interim data from ongoing studies may
not be replicated in later studies or indicative of future data;
that data obtained from clinical studies using our product may not
be indicative of outcomes in other surgical settings; our ability
to enhance our product offerings; product development and
manufacturing problems; capacity constraints or delays in
production of our products; maintenance of coverage and adequate
reimbursement for procedures using our products; and product
defects or failures. These and other risks and uncertainties are
described more fully in the "Risk Factors" section and elsewhere in
our filings with the Securities and Exchange Commission and
available at www.sec.gov, including in our Annual Report on Form
10-K and Quarterly Reports on Form 10-Q. Any forward-looking
statements that we make in this announcement speak only as of the
date of this press release, and TELA assumes no obligation to
update forward-looking statements whether as a result of new
information, future events or otherwise after the date of this
press release, except as required under applicable law.
Investor ContactLouisa
Smithir@telabio.com
TELA Bio (NASDAQ:TELA)
Historical Stock Chart
From Jun 2025 to Jul 2025
TELA Bio (NASDAQ:TELA)
Historical Stock Chart
From Jul 2024 to Jul 2025