GlobeNewswire 13-Oct-2017 12:08 PM
NEW YORK, Oct. 13, 2017 (GLOBE NEWSWIRE) -- OrthoPediatrics Corp. (Nasdaq:KIDS), the only medical device company focused exclusively on providing a comprehensive product offering to the pediatric orthopedic market in order to improve the lives of children with orthopedic conditions, rang the opening bell at the Nasdaq MarketSite in Times Square today in celebration of its initial public offering (IPO) on The Nasdaq Stock Market.
A photo accompanying this announcement is available at http://www.globenewswire.com/NewsRoom/AttachmentNg/b65be065-6879-4ee5-95ba-53cd53d683dc
OrthoPediatrics Corp. designs, develops and commercializes innovative orthopedic implants and instruments to meet the specialized needs of pediatric surgeons and their patients. They currently serve three of the largest categories in this market, and estimate that the portion of this market that they currently serve represents a $2.5 billion opportunity globally, including over $1.1 billion in the United States. Childrens skeletal anatomy and physiology differs significantly from that of adults, which affects the way in which children with orthopedic conditions are managed surgically. OrthoPediatrics Corp. sells the broadest product offering specifically designed for children with orthopedic conditions.
OrthoPediatrics Corp. addresses an unmet market need, said Nelson Griggs, President of the Nasdaq Stock Exchange. They have developed a deep understanding of the unique nature of childrens clinical conditions and surgical procedures and we are thrilled to work with a company making such disruptive changes in their industry.
The information contained above is provided for informational and educational purposes only, and nothing contained herein should be construed as investment advice, either on behalf of a particular security or an overall investment strategy. Information about the company is provided by the company or comes from the companys public filings and is not independently verified by Nasdaq. Neither Nasdaq nor any of its affiliates makes any recommendation to buy or sell any security or any representation about the financial condition of any company. Statements regarding Nasdaq-listed companies are not guarantees of future performance. Actual results may differ materially from those expressed or implied. Past performance is not indicative of future results. Investors should undertake their own due diligence and carefully evaluate companies before investing. ADVICE FROM A SECURITIES PROFESSIONAL IS STRONGLY ADVISED.
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