Ozop Surgical Corp said Tuesday that it has been recognized as one of the Top 10 orthopedic products providers by Med Tech Outlook Magazine.
The West Palm Beach, Florida-based company is working on what it says is the next step in minimally invasive spine surgery. Its technology combines an endoscope with an inflatable implant placed inside the human body using a small incision.
"With our technology, the future of spine fusion surgeries would be through a puncture and then insertion of an inflatable interbody device," Ozop CEO Michael Chermak said in a statement.
The benefits of the technology, according to the company, are expected to include avoiding potential damage to critical anatomy, the necessity for full-body anesthesia and lengthy hospitalization.
Surgical costs and rehab time would be significantly reduced, according to Ozop.
"We take pride in honoring Ozop as one of the 10 companies,” Alex D'souza, managing Editor of MedTech Outlook, said.
Shares of Ozop dropped $0.04 to $0.66 in Monday’s OTC Markets trading.
Contact Dennis Fitzgerald at [email protected]