Treace Announces First Surgical Cases Utilizing The Speedakin™ Anatomic Compression Implant

(MENAFN- GlobeNewsWire - Nasdaq) PONTE VEDRA, Fla., Jan. 30, 2025 (GLOBE NEWSWIRE) -- Treace Medical Concepts, Inc. (“Treace” or the“Company”) (NasdaqGS: TMCI), a medical technology company driving a fundamental shift in the surgical treatment of bunions and related midfoot deformities through its flagship Lapiplasty® and Adductoplasty® Procedures, today announced the successful completion of the first cases utilizing its SpeedAkinTM Anatomic Compression Implant.

The SpeedAkinTM implant broadens the procedural versatility of Treace's flagship SpeedPlateTM fixation platform, which is advancing a new standard in bone fusion fixation. Akin osteotomies are corrective straightening procedures of the great toe commonly performed in conjunction with bunion surgery¹. SpeedAkinTM offers surgeons a unique anatomic implant that delivers dynamic titanium compression to stabilize the Akin osteotomy during healing.

“The SpeedAkinTM implant leverages our proprietary SpeedPlateTM technology in a differentiated Akin osteotomy solution, further expanding our best-in-class bunion focused portfolio.” said John T. Treace, CEO, Founder and Board Member of Treace.

Surgeon design team member, Amber Shane, DPM, FACFAS, Department Chair and Residency Faculty at AdventHealth commented,“The SpeedAkinTM titanium compression implant provides my patients the benefits of anatomically contoured fixation and eliminates the potential for nickel allergy reaction associated with nitinol staples. SpeedPlateTM technology is a gamechanger for my Lapiplasty® and Adductoplasty® procedures - and I'm excited to extend these benefits to my Akin osteotomies, a procedure I perform frequently with my bunion corrections.”

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About Treace Medical Concepts
Treace Medical Concepts, Inc. is a medical technology company with the goal of advancing the standard of care for the surgical management of bunion and related midfoot deformities. Bunions are complex 3-dimensional deformities that originate from an unstable joint in the middle of the foot and affect approximately 67 million Americans, of which Treace estimates 1.1 million are annual surgical candidates. Treace has pioneered and patented the Lapiplasty® 3D Bunion Correction® System – a combination of instruments, implants, and surgical methods designed to surgically correct all three planes of the bunion deformity and secure the unstable joint, addressing the root cause of the bunion and helping patients get back to their active lifestyles. To further support the needs of bunion patients, Treace has introduced its Adductoplasty® Midfoot Correction System, designed for reproducible surgical correction of midfoot deformities. The Company continues to expand its footprint in the foot and ankle market with the introduction of its SpeedPlateTM Rapid Compression Implants, an innovative fixation platform with broad versatility across Lapiplasty® and Adductoplasty® procedures, as well as other common bone fusion procedures of the foot. For more information, please visit

TMC Data on file

Dr. Amber Shane is a paid consultant of the Company.

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Contacts:
Treace Medical Concepts
Mark L. Hair
Chief Financial Officer
...
(904) 373-5940

Investors:
Gilmartin Group
Vivian Cervantes
...

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