Anika plans to launch multiple sports medicine products in Q3

Orthopedic Sports Medicine

Anika Therapeutics plans to launch multiple products for orthopedic and sports medicine surgeons in the third quarter.

What you should know:

1. The company received FDA approval for six minimally invasive surgical devices and instruments.

2. The devices will be used to repair rotator cuffs, perform arthroscopic knee repairs and treat arthritis damage in the hand and wrist.

3. Anika will use its expanded sales and marketing team to commercialize the products in the third quarter.

4. The products stem from Anika's acquisition of Parcus Medical and Arthrosurface, which was completed earlier in the year.

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