PEEK

Anika Reports Fourth Quarter and Year-End 2023 Financial Results

Retrieved on: 
Wednesday, March 13, 2024
Type, Growth, Webcast, PEEK, Sale, Acquisition, Pain management, MDR, Therapy, PMA, Rationalization, Workforce, Sports medicine, FDA, Anika, Elective surgery

BEDFORD, Mass., March 13, 2024 (GLOBE NEWSWIRE) -- Anika Therapeutics, Inc. (NASDAQ: ANIK), a global joint preservation company in early intervention orthopedics, today reported financial results for its fourth quarter and full year ended December 31, 2023.

Key Points: 
  • Revenue in the fourth quarter of 2023 was $43.0 million, up 8% compared to $39.6 million in the fourth quarter of 2022.
  • Adjusted EBITDA1 was $5.8 million, compared to $1.4 million in the fourth quarter of 2022.
  • “We are pleased to report strong fourth quarter and full year results, including a record year in OA Pain Management.
  • In 2023, Anika launched multiple meaningful new products and made considerable progress addressing the new MDR regulatory requirements in Europe.

Vance Street's Wytech Strengthens Precision Grinding Capabilities with Silvertip Acquisition

Retrieved on: 
Wednesday, April 3, 2024
Partnership, Q3, Polymer, Associate, Fastlane, Titanium, PEEK, Growth, Stainless steel

These companies seek supply chain partners knowledgeable in materials and processes who can engineer solutions to improve their internal production efficiencies.

Key Points: 
  • These companies seek supply chain partners knowledgeable in materials and processes who can engineer solutions to improve their internal production efficiencies.
  • Silvertip expands Wytech and Mountain Manufacturing's capability for new ground mandrels and ensures fast response to the market's R&D needs," said Michael Janish, Managing Partner at Vance Street Capital.
  • Silvertip and Dale Peterson's team have also demonstrated unique know-how for grinding advanced materials, complementing Mountain Manufacturing and Wytech's expertise in stainless and Nitinol grinding.
  • We are very excited to leverage this partnership with Silvertip to expand our FastLane material store and offer these advanced materials by Q3," said Tom Berg, President of Mountain Manufacturing.

DRAKE AND DEMGY FORM TRANS-ATLANTIC ALLIANCE IN HIGH-PERFORMANCE POLYMER SOLUTIONS

Retrieved on: 
Thursday, March 21, 2024
Partnership, Liberty Alliance, PEEK, Plastic, Engineering

The Liberty Alliance opens our mutual products and services to customers in France, and to international customers.

Key Points: 
  • The Liberty Alliance opens our mutual products and services to customers in France, and to international customers.
  • Designated the "Liberty Alliance," the partnership draws its name from the close historic ties between the two countries.
  • DRAKE and DEMGY are leaders in high-performance polymer solutions in their regions.
  • DEMGY will also offer turnkey solutions in these materials for mutual customers.

Strong Fourth Quarter Powers 2023 Kelyniam Financials

Retrieved on: 
Sunday, March 17, 2024
Patient, Surgeon, Growth, PEEK, Investment, OTC, Video game

CANTON, Conn., March 17, 2024 /PRNewswire/ -- Kelyniam Global (OTC:KLYG), a maker of custom cranial implants, today announced results for its year ended December 31, 2023.

Key Points: 
  • CANTON, Conn., March 17, 2024 /PRNewswire/ -- Kelyniam Global (OTC:KLYG), a maker of custom cranial implants, today announced results for its year ended December 31, 2023.
  • "The company set a quarterly unit sales record in the fourth quarter which contributed to achieving slight unit volume growth over 2022," said Ross Bjella, Kelyniam's CEO.
  • Events that significantly affected the year and 4th quarter included:
    Unit growth was up 40% over the previous quarter.
  • Together with the OsteoStripä and Osteoplugä product lines from Osteopore, Kelyniam is well positioned to become the leader in regenerative options for U.S.

3D Printing High-Performance Plastics Market to Reach $520.0 Million by 2028: BCC Research

Retrieved on: 
Friday, March 8, 2024
3D printing, Aircraft, FDM, PEKK, Medicine, PEEK, Research, Traction, Aluminium, Ageing, Transport, Infection, 3D, Electronics, Original equipment manufacturer, HPP, Conditional sentence, BCC, Carbon, Risk, Polyphenylsulfone, Safety, Prevalence, Polyetherimide, Glass, Metal, Fatigue, Instrument, College of Engineering (KNUST), Plastic, Printing, SLS, Robotics, Titanium, PEI, Row

BOSTON, March 8, 2024 /PRNewswire/ -- "According to the latest BCC Research study, the demand for Global 3D Printing High-Performance Plastics Market is estimated to increase from $163.6 million in 2022 to reach $520.0 million by 2028, at a compound annual growth rate (CAGR) of 21.4% from 2022 through 2028."

Key Points: 
  • BOSTON, March 8, 2024 /PRNewswire/ -- "According to the latest BCC Research study, the demand for Global 3D Printing High-Performance Plastics Market is estimated to increase from $163.6 million in 2022 to reach $520.0 million by 2028, at a compound annual growth rate (CAGR) of 21.4% from 2022 through 2028."
  • This comprehensive report focuses specifically on high-performance plastics within the expansive 3D printing industry, highlighting key materials such as polyamide, polyetherimide, polyetheretherketone, polyetherketoneketone, polyvinylidene difluoride, and polyphenylsulfone.
  • The forecasted revenue projections from 2022 to 2028 encompass each type, technology, end-user, and regional segment, offering a comprehensive outlook on the evolving landscape of the 3D printing high-performance plastics market.
  • The intersection of digitalization, robotics, and the growing demand for personalized, point-of-care medical solutions is fueling a surge in high-performance plastics (HPP) adoption in 3D printing.

MCRA Assists Curiteva Inc. with FDA 510(k) Clearance for Inspire 3D Printed Trabecular PEEK Lumbar Interbody Fusion System

Retrieved on: 
Tuesday, February 20, 2024
Engineering, Architecture, PEEK, FDA, Food, 3D, Spine, Contract research organization, Health, Fused filament fabrication, MCRA, 3D printing

MCRA aids Curiteva with 510(k) clearance from FDA for Inspire 3D Printed Trabecular PEEK Lumbar Interbody Fusion System.

Key Points: 
  • MCRA aids Curiteva with 510(k) clearance from FDA for Inspire 3D Printed Trabecular PEEK Lumbar Interbody Fusion System.
  • Curiteva partnered with MCRA previously on Inspire Trabecular PEEK Cervical Interbody Fusion System in February 2023, which also received FDA clearance.
  • MCRA's Spine Regulatory team engaged with Curiteva for the Inspire 3D Printed Trabecular PEEK Lumbar Interbody Fusion System for use in anterior, transforaminal, posterior, and lateral lumbar interbody fusion procedures.
  • Justin Eggleton, Vice President, Head of Musculoskeletal Regulatory Affairs at MCRA, said "MCRA is honored to have collaborated on the pioneering project of Curiteva's Inspire 3D Printed Trabecular PEEK Lumbar Interbody Fusion System with HAFUSE Technology and the resulting FDA clearance.

Alpine Forms Strategic Alliance With Allegheny Performance Plastics

Retrieved on: 
Tuesday, February 6, 2024
Automotive Manufacturing, Aerospace, Technology, Manufacturing, Other Technology, Other Manufacturing, Software, Nanotechnology, Engineering, Hardware, Chemicals, Plastics, PEEK, Plastic, HX5, Alpine, PEI, 3D printing

Alpine Advanced Materials has formed a strategic alignment with Allegheny Performance Plastics, a pioneer in manufacturing high temperature, high performance and specialty thermoplastics.

Key Points: 
  • Alpine Advanced Materials has formed a strategic alignment with Allegheny Performance Plastics, a pioneer in manufacturing high temperature, high performance and specialty thermoplastics.
  • Specializing in the design, prototype and supply of custom-engineered parts, Alpine has worked closely with Allegheny on projects using its flagship multi-scale reinforced polymer HX5®, and the two companies are jointly pursuing opportunities with customers which leverage HX5 and Alpine’s design and prototype expertise with Allegheny’s manufacturing excellence.
  • “Aligning with Allegheny, which sets the standard for the high-end injection molding and manufacturing of technically advanced parts, further streamlines how we can deliver lightweight engineered parts,” said David Brantner, chief executive officer of Alpine Advanced Materials.
  • “With the strength-at-temperature properties typically associated with semi-crystalline materials such as PEEK, HX5 gives the best of both worlds.”

Able Medical Announces 510(k) Clearance of New RIB System Indicated for Thoracic Repair

Retrieved on: 
Thursday, January 25, 2024
Medical Supplies, Health, Medical Devices, Surgery, General Health, Cardiology, Biotechnology, Patient, Trauma, Fracture, Multimedia, U.S. FDA, Medical device, Elective surgery, Risk, PEEK, Valkyrie

Able Medical Devices has received U.S. FDA 510(k) clearance for its Valkyrie RIB System further enhancing its cardiothoracic and trauma portfolio.

Key Points: 
  • Able Medical Devices has received U.S. FDA 510(k) clearance for its Valkyrie RIB System further enhancing its cardiothoracic and trauma portfolio.
  • View the full release here: https://www.businesswire.com/news/home/20240125747360/en/
    Able Medical received 510(k) clearance for its single-use, PEEK-based Valkyrie RIB System.
  • (Graphic: Business Wire)
    “The Valkyrie RIB Thoracic Fixation System creates an adaptive fit to the bone, promoting closer contact with the underlying rib without the need for plate bending tools,” said Wade DePas, Senior Director of RAQA and R&D.
  • All of this, makes the Valkyrie RIB system a highly desirable product to the market.”
    The Valkyrie RIB System is an exclusive member of the Valkyrie Thoracic Fixation family.

Global Automotive Carbon Thermoplastic (PA, PEEK, PPS, PC, PP) Industry Report 2023-2028: Opportunities Emerging with OEMs Looking for Complete Solution from Suppliers - ResearchAndMarkets.com

Retrieved on: 
Wednesday, January 24, 2024
Chemicals, Plastics, Manufacturing, Carbon, PP, Asahi Kasei, Interior (topology), CFRP, Celanese, Growth, Interior, Inorganic polymer, Avient Corporation, PEEK, MEA, Urbanization, Safety, PC, Original equipment manufacturer, USD, SGL Carbon, PPS, UTH, Chassis, BASF

CF/PA also is being deployed in exterior and interior automotive parts.

Key Points: 
  • CF/PA also is being deployed in exterior and interior automotive parts.
  • These include door modules, body-in white components, steering wheel components, seat structures, exterior mirrors, front-end grilles, and trim.
  • Asia-Pacific is projected to dominate the automotive carbon thermoplastic market, particularly with regard to electric vehicle production.
  • The ecosystems of these adjacent industries are more likely to act in favor of the growth of the automotive carbon thermoplastic market.

Carbon Fiber Market worth $23.2 billion by 2033 - Exclusive Report by MarketsandMarkets™

Retrieved on: 
Wednesday, January 17, 2024
Carbon, Kureha Corporation, Nylon, ABS, Electronics, Hexcel, PEEK, SGL Carbon, PLA, Transport, Light, PETG, Carbon fibers

Virgin carbon fiber type segment accounted for the largest market share of carbon fiber market in 2022.

Key Points: 
  • Virgin carbon fiber type segment accounted for the largest market share of carbon fiber market in 2022.
  • The carbon fiber market is segmented based on the fiber types into virgin carbon fiber and recycled carbon fiber.
  • Recycled carbon fiber enables cost savings and energy savings as compared to virgin carbon fiber.
  • Continuous carbon fiber is a type of carbon fiber that is produced in a form that allows for the creation of continuous strands or fibers.