Kuros Biosciences Receives US FDA 510K Clearance for MagnetOs Granules for Interbody Use and Regulatory Clearance of MagnetOs Granules and MagnetOs Putty in New Zealand
- Kuros Biosciences receives FDA clearance for MagnetOs Granules for interbody use.
- MagnetOs Granules and MagnetOs Putty also receive regulatory clearance in New Zealand.
- Kuros expands MagnetOs franchise with exclusive distribution agreement in New Zealand.
Kuros Biosciences AG / Key word(s): Regulatory Admission/Market Launch
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Schlieren (Zurich), Switzerland, January 31, 2024 – Kuros Biosciences (“Kuros” or “the Company”), a leader in next generation bone graft technologies, today announced clearance of a 510(k) submission from the U.S. Food and Drug Administration (FDA) related to its MagnetOs Granules.
The Company also announced clearance to market in New Zealand for MagnetOs Granules and MagnetOs Putty. The products are now commercially available through Vortek Spine Limited (“Vortek”), a high-tech orthopedic and biologics company specializing in healthcare solutions for surgeons and patients. This further expands the MagnetOs portfolio in terms of application and accessibility.
Earlier in January, Kuros announced the FDA clearance of MagnetOs Easypack Putty for interbody use and MagnetOs Putty for standalone use in the posterolateral spine, meaning it can now be used without the need for autograft (patient’s own bone).
“We are very pleased that MagnetOs Granules has received marketing clearance for interbody use given the Granules technology is the foundation of the MagnetOs platform,” commented Chris Fair, Chief Executive Officer of Kuros Biosciences. “This clearance, coupled with the MagnetOs Flex Matrix and MagnetOs Easypack Putty formulations, provides our surgeons the widest variety of advanced biologic formulations available for use in the interbody space. We are also very excited to expand our international presence through a partnership with Vortek in New Zealand and to begin working with their team to introduce our clinically proven technology to this territory.”