-- Acknowledging the differences between the US and European markets, BONESUPPORT uses different commercial strategies for these regions

MOUNTAIN VIEW, California, May 12, 2015 /PRNewswire/ -- Based on its recent analysis of the orthopedic biomaterial market, Frost & Sullivan recognizes BONESUPPORT Holding AB (BONESUPPORT) with the 2015 Europe Frost & Sullivan Award for Growth Capital Investment Opportunity. BONESUPPORT is an emerging company specializing in injectable bone substitutes for orthopedic trauma, bone infections, and instrument augmentation related to orthopedic surgery. The company is gradually making its way up the ranks by fully addressing the challenges in the orthopedic biomaterials market with its patented technology platform, CERAMENT™. This technology aids the sustained release of antibiotics, and resolves key issues such as infection management and delays in bone healing.

Logo - http://photos.prnewswire.com/prnh/20150508/214852LOGO

BONESUPPORT's CERAMENT™ is an osteoconductive biomaterial with a biphasic action that enables controlled resorption of the material with parallel bone ingrowth and remodeling. It successfully achieves rapid new bone growth in the majority of patients.

Currently, CERAMENT™ has four product lines: CERAMENT™|G, CERAMENT™|V CERAMENT™|BONE VOID FILLER, and CERAMENT™|SPINE SUPPORT. CERAMENT™|G and CERAMENT™|V are the only approved injectable osteoconductive scaffolds with technology for sustained antibiotic release. They are CE-marked and currently marketed only in select international markets and Europe; however, Frost & Sullivan expects CERAMENT™|G to be approved for sale in the US in the near future.

As the US is both the largest and most mature market for synthetic bone fillers, the company focuses on market access and reaching mass customers. To support this strategy, it signed a partnership agreement with Biomet, Inc. for exclusive supply and distribution rights in the United States. This agreement was recently extended to continue after the close of the Zimmer acquisition, thereby securing the distribution channel in the future.

Meanwhile, in the European and select international markets, BONESUPPORT sells all CERAMENT™ products. BONESUPPORT has gained traction in countries such as the United Kingdom, Germany, Italy, Switzerland, and Austria, where its emphasis is on market development. In these countries, sales personnel outreach directly to doctors and hospitals to help drive a shift from auto graft procedures and other traditional fillers to synthetic bone substitutes.

"BONESUPPORT has a focused strategy for the next 12–18 months to achieve milestones in both product development and geographic expansion," said Frost & Sullivan Senior Research Analyst Dr. E Saneesh. "Significantly, it has planned its investment strategy around its intellectual property."

In January of this year, the company closed a $14 million cross-over financing round that was largely oversubscribed and led by the cornerstone investor AP3 Swedish Pension fund with participation from the previous investors.

"Although the company estimates the global market for orthobiologics to be worth almost $5 billion, it believes its product platform can address a market worth $7 billion globally," noted Dr. E Saneesh. "Apart from the auto graft and allograft market, BONESUPPORT's products are making inroads into the infection management market in orthopedic surgery."

BONESUPPORT strongly believes CERAMENT™ could expand its scope to oncology and other indications where sustained elution/delivery of a pharmaceutical would give benefit. Frost & Sullivan notes that BONESUPPORT has witnessed 100 percent revenue growth year over year, right from the day of commercialization, in both the United States and Europe.

Each year, Frost & Sullivan presents this award to the company that demonstrates outstanding operation and execution capabilities, backed by a management team with a successful track record, ability to execute, and considerable industry experience. The award recipient has in place a solid expansion and positioning strategy, and outperforms its rivals in funding history as well as the strength and quality of additional investors.

Frost & Sullivan Best Practices Awards recognize companies in a variety of regional and global markets for demonstrating outstanding achievement and superior performance in areas such as leadership, technological innovation, customer service and strategic product development. Industry analysts compare market participants and measure performance through in-depth interviews, analysis and extensive secondary research to identify best practices in the industry.

About BONESUPPORT Holding AB

BONESUPPORT is an emerging leader of injectable bone graft substitutes for orthopedics, and trauma focusing on bone infection, instrument augmentation and spinal applications. CERAMENT™ is an injectable, synthetic bone substitute that mimics the properties of cancellous bone, allows for controlled resorption to support future bone ingrowth and is injectable under local anesthesia for minimally invasive surgery. CERAMENT™|G and CERAMENT™|V are the first CE-marked injectable antibiotic eluting ceramic bone graft substitutes indicated to promote and protect bone healing in the management of osteomyelitis, (bone infections). CERAMENT's unique biologic properties deliver a consistent, pre-packed and ready-to-use formulation to facilitate optimal delivery. CERAMENT™|G and CERAMENT™|V are not available in the United States.

CERAMENT™ is a fully developed product platform that is commercially available in the U.S., Europe, SE Asia and the Middle East. CERAMENT™ is revolutionizing the treatment of fragility and other fractures caused by disease and trauma. Scientific research of CERAMENT spans more than eleven years. Over forty-five pre-clinical, clinical and animal studies have been conducted and more than 10,000 patients have been treated with CERAMENT. The company was founded in 1999 and is based in Lund, Sweden with subsidiary locations in the US and Germany. To learn more about BONESUPPORT please visit www.bonesupport.com.

About Frost & Sullivan

Frost & Sullivan, the Growth Partnership Company, works in collaboration with clients to leverage visionary innovation that addresses the global challenges and related growth opportunities that will make or break today's market participants.

Our "Growth Partnership" supports clients by addressing these opportunities and incorporating two key elements driving visionary innovation: The Integrated Value Proposition and The Partnership Infrastructure.

• The Integrated Value Proposition provides support to our clients throughout all phases of their journey to visionary innovation including: research, analysis, strategy, vision, innovation and implementation.
• The Partnership Infrastructure is entirely unique as it constructs the foundation upon which visionary innovation becomes possible. This includes our 360 degree research, comprehensive industry coverage, career best practices as well as our global footprint of more than 40 offices.

For more than 50 years, we have been developing growth strategies for the global 1000, emerging businesses, the public sector and the investment community. Is your organization prepared for the next profound wave of industry convergence, disruptive technologies, increasing competitive intensity, Mega Trends, breakthrough best practices, changing customer dynamics and emerging economies?

Contact Us: Start the discussion

Join Us: Join our community

Subscribe: Newsletter on "the next big thing"

Register: Gain access to visionary innovation

Contact:

Mireya Espinoza
P: +1.210.247.3870
F: +1.210.348.1003
E: mireya.espinoza@frost.com

Related Links

http://www.frost.com

SOURCE Frost & Sullivan