World News – CA – Materialise – Multiple Personal Medical Devices CE Mark Certified

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The company expects the CE marking to enhance the accessibility of dedicated devices to become more easily available

Leuven, Belgium, November 10, 2020 (GLOBE NEWSWIRE) – Materialize NV (Nasdaq: MTLS), a leader in 3D technology solutions in the industrial and medical markets, has announced that it has received CE Marking for most orthopedic procedures Maxillofacial (CMF)) solutions including 3D printed anatomical models, surgical guides and patient-compatible implants. Materialize is a leading and world leader in personalized solutions, helping patients and surgeons on six continents produce more than 350000 personal devices The company became one of the first companies to obtain this type of certification for a wide range of 3D printed and personalized medical devices This certification will make technology more accessible to surgeons

The approval of the CE mark indicates that the medical device meets the requirements of the European Medical Device Directive so far, Materialise’s custom devices have benefited from a specially designed procedure, which requires a prescription for each device. This procedure guarantees the quality of the devices and patient safety, but brings administrative obstacles to production In larger quantities

“When the European Medical Device Directive was issued in 1993, the use of personal devices was exceptional in the past 30 years, we developed planning and 3D printing to extend this technology to a much larger audience at Materialize, we’re talking about the thousands of devices being delivered. Around the world every year personal devices are no longer the exception. This CE marking certification demonstrates that these custom devices meet the same stringent quality requirements as regular devices, despite the challenges involved in getting each device to match the specific anatomy of a patient, ”says Brigitte. De Wit, Vice President and Managing Director of Matrials Medical

Materialize has a legacy of adhering to the highest possible safety standards and is one of the first companies to obtain a complete personal set with CE certification. The company believes that this type of certification will help raise the level of the industry to ensure patient safety and transparency in the production of personal devices

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The CE marking will also improve accessibility to make custom devices more readily available. With the implementation of the new process, surgeons will not need to sign a prescription for the devices they request and that means less paperwork and more flexibility for pharmacists who manage personal devices within the hospital.

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“The advantage of using dedicated devices is that it adds more predictability in the surgical setting and allows for any clinical condition to be handled, including the most difficult cases. Now, obtaining this CE mark for our largest business portfolio will help provide these personal devices to more numbers. Of patients, and removing some administrative restrictions for our clients, « adds Brigitte

Since its founding in 1990, custom solutions have been Realize Medical’s core business. Personalization begins with planning, the launch of Mimics in 1992 has enabled precision engineering based on 3D images, forming the basis for the advanced digital planning solutions available today. First company to introduce custom 3D printed solutions in the operating room with the launch of surgical knee guides in 2007 The launch of the personal CMF implant in 2009 introduced a design breakthrough with a titanium porous structure that allowed rebuilding of missing bone fragments

This CE certification is another milestone in achieving higher quality standards in personalized medicine. Although CE marking is a European concept, the system is widely accepted as evidence of compliance in other markets This certification joins other CE marks that have obtained Materialize already has them on medical software solutions, such as Mimics Innovation Suite and Mimics Enlight

Materialize integrates more than three decades of 3D printing experience into a suite of software solutions and 3D printing services, which together form the backbone of the 3D printing industry. Materialise’s open and flexible solutions enable players in a wide range of industries, including sponsorship. Health, automotive, aerospace, art and design and consumer goods, from creating innovative 3D printing applications aiming to make the world a better and healthier place Headquartered in Belgium, Materiales has subsidiaries all over the world, bringing together the largest group of software developers in the industry with one of the largest 3D printing facilities in the world

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Upside potential of 233% (To see Singh’s record, click here) Overall, other analysts echo Singh’s sentiments. 3 Buying, no holding or selling adds to the solid buy consensus rating with an average target price of $ 8, the potential upside comes at 272% (See SBBP stock analysis on TipRanks) Molecular Templates (MTEM) Molecular Templates are bringing the next generation of immunotoxins called Engineered Toxin Bodies (ETBs), a new class of therapies with unique biology and a different mechanism of action, to the market despite comments One of her clinical trials in part, except that Oppenheimer still believes that the narrative of long-term growth is robust. 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CE Mark, Materialize NV, Medical Device, Medicine

World News – CA – Materialise is CE certified for multiple personal medical devices
Related title :
MaterialiseObtains CE Marking Certification for multiple personal medical devices
Materialize is CE certified for its medical device solutions



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