Wednesday, April 10, 2024
Smith+Nephew (LSE:SN, NYSE:SNN), the global medical technology company, announced an agreement with NAVBIT to exclusively distribute the NAVBIT SPRINT™ in Australia during the recent Australian Orthopedics Association COE Meeting in Sydney. A single-use, sterile navigation system with everything provided in a small carton, NAVBIT SPRINT™ is designed to suit busy surgeons - and its convenient product format makes it extremely practical and cost efficient for hospitals and day surgery environments. This exclusive distribution builds upon the agreement Smith+Nephew announced for Japan in April 2023.
Lynette Walter, NAVBIT’s CEO said, “We are absolutely delighted to expand our partnership with Smith+Nephew into the Australian market. We are committed to supporting and serving our great Australian surgeons with smart, useful technologies - and we look forward to complementing the Smith+Nephew implant range with this very neat navigation technology.”
“We are seeing the positive impact that NAVBIT SPRINT™ offers our customers in Japan and look to experience the same results in the Australian market” noted Kenneth Garcia, Senior Vice President and General Manager, International for Smith+Nephew. “Many customers are seeking innovative solutions for THA planning and execution and NAVBIT will help us serve that specific market segment.”
Post-operative dislocation remains the second most common reason for revision of a total hip replacement in registries around the world1-5 as data suggests only 49% of acetabular cups are accurately aligned when using manual instrumentation.6 Simran Sabharwal, Vice President Global Hip Marketing for Smith+Nephew explained that, “NAVBIT SPRINT offers an innovative enabling technology solution that has been proven to address inaccuracies in cup placement, thereby reducing the risk of dislocation while providing efficiencies in the episode of care.”
“In the past, surgery was more art than science. Today we have higher expectations around the accuracy and precision of our surgery,” said Professor Bill Walter, Orthopaedic Surgeon and Founder of NAVBIT. “Outliers are becoming less acceptable to surgeons and to patients. Surgeons will have to answer the question: If there is a technology available that can make you more accurate, why are you not using it?"
NAVBIT SPRINT™ is available through Smith+Nephew in Japan and Australia and has two product variants: for supine patient position and for lateral patient position; making is suitable for a range of surgical approaches, including the direct anterior approach and the posterior approach.
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About Smith+Nephew
Smith+Nephew is a portfolio medical technology business focused on the repair, regeneration and replacement of soft and hard tissue. We exist to restore people’s bodies and their self-belief by using technology to take the limits off living. We call this purpose ‘Life Unlimited’. Our 18,000 employees deliver this mission every day, making a difference to patients’ lives through the excellence of our product portfolio, and the invention and application of new technologies across our three global business units of Orthopaedics, Sports Medicine & ENT and Advanced Wound Management.
Founded in Hull, UK, in 1856, we now operate in more than 100 countries, and generated annual sales of $5.5 billion in 2023. Smith+Nephew is a constituent of the FTSE100 (LSE:SN, NYSE:SNN). The terms ‘Group’ and ‘Smith+Nephew’ are used to refer to Smith & Nephew plc and its consolidated subsidiaries, unless the context requires otherwise.
For more information about Smith+Nephew, please visit www.smith-nephew.com and follow us on X, LinkedIn, Instagram or Facebook.
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