KIDS Stock Gains From Its New Enabling Technologies Division Launch
OrthoPediatrics Corp. (NASDAQ: KIDS) recently launched its Enabling Technologies division, which will leverage the company’s core mission of addressing unmet pediatric needs in orthopedics.
The advancement with the latest launch positions OrthoPediatrics at the forefront of the pediatric digital health and enabling technologies sectors.
Following the announcement, shares of OrthoPediatrics rose 2.15% to $32.38 on Friday. The company continues to gain a high level of synergies from its various latest developments within the pediatric digital health space. Accordingly, we expect market sentiment to continue to remain positive around this announcement.
More on OrthoPediatrics’ Enabling Technologies Division
Led by industry veteran Kevin Unger, this new division is set to differentiate OrthoPediatrics’ core business, generate sustainable revenue growth, and gain access to new markets and specialties beyond orthopedics.
The company has made significant strides in the field through its distribution of the 7D Flash Navigation System. Additionally, it collaborated with 3D Side, S.A. for patient-specific cutting guides. These innovations have laid a strong foundation for the Enabling Technologies division.
OrthoPediatrics’ Business Advancements
Given the success of the above-mentioned developments, KIDS is all set to launch its two groundbreaking technology platforms. First, Playbook is a cutting-edge surgical workflow and outcome optimization platform. It is designed to enhance surgical planning, collaboration and intraoperative workflow. Playbook is aimed at revolutionizing how surgeries are planned and executed, potentially resulting in …
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