Exactech was slightly higher in Thursday morning trade after it reported the first clinical use of recently approved shoulder, knee and hip replacement systems in Japan this quarter. These surgeries coincide with the series of new product introductions the company has reported in the U.S.
Exactech has gained regulatory approval to introduce additional products from each of its three product segments to the Japanese market. The first Optetrak Logic CR knee system was implanted on April 6 at Taketa Medical Association Hospital in Oita. The Novation Crown Cup acetabular component debuted on April 26 in Ukubo City. The first Exactech total hip replacement surgery in Japan took place on May 16 at the Taketa Medical Association Hospital when a surgeon implanted the Alteon Tapered Wedge Stem along with the Crown Cup. The first Equinoxe Reverse Shoulder system was implanted June 5 at Sano Memorial Hospital.