Florida Patent of the Month
It is not uncommon for bones to be anatomically misaligned and surgical intervention is sometimes the best way to realign the bones. These realignments are meant to reduce discomfort or improve the quality of life. Treace Medical Concepts, Inc. has been developing a bone cutting guide to try and improve this realignment process. This guide focuses on the bones of the human foot.
The guide system includes a main component that will help to position it relative to the foot. The main body will house a shaft that can be moved into position. The shaft will contain a cutting member which can be changed depending on the type of cut needed. They also designed the structure to use positioning pins which can hold the bone in place or bones together. This type of system is useful in surgery to temporarily hold bones in a set position for cutting. Treace expects it to help in resetting broken or fractured bones as well as in bone fusing procedures. In surgery, the bone can be cut to make other components accessible, while the bone is held in position and then moved back into place.
About Treace Medical Concepts
Treace Medical Concepts is a foot and ankle company focused on strategic product development activities that improve surgical efficiencies and patient outcomes, while reducing healthcare costs.
Are you developing new technology? Did you know your development work could be eligible for the R&D Tax Credit and you can receive up to 14% back on your expenses? Even if your development isn’t successful your work may still qualify for R&D credits (i.e. you don’t need to have a patent to qualify). To find out more, please contact a Swanson Reed R&D Specialist today or check out our free online eligibility test.
Who We Are:
Swanson Reed is one of the U.S.’ largest Specialist R&D tax advisory firms. We manage all facets of the R&D tax credit program, from claim preparation and audit compliance to claim disputes.
Swanson Reed regularly hosts free webinars and provides free IRS CE and CPE credits for CPAs. For more information please visit us at www.swansonreed.com/webinars or contact your usual Swanson Reed representative.