L&K Bio Completes Patent Barrier for Height-Expandable Cage
[Asia Economy Reporter Hyungsoo Park] L&K Biomed has acquired a fundamental patent related to height-expandable interbody fusion devices (cages).
On the 21st, L&K Biomed announced that it has expanded the scope of patent rights to prevent patent circumvention through modifications of the fundamental technology of height-expandable cages. Additionally, the company secured a patent for the lateral insertion method of height-expandable cages, expecting to strengthen its competitiveness in the height-expandable cage market.
An L&K Biomed official stated, "Interest in height-expandable cages is growing in the spinal implant field," and added, "It was difficult for competitors to enter the market due to patents held by global companies."
He continued, "L&K Biomed devised a structure that can avoid patents held by leading companies," emphasizing, "Based on this new structure, we developed 10 types of height-expandable cages."
Previously, in September last year, L&K Biomed received FDA approval for the posterior insertion type height-expandable cage (AccelFix-XT), lateral insertion type height-expandable cage (AccelFix-XL), and lateral insertion type height-expandable cage (Accelfix-XTP). The posterior insertion type height-expandable cage has achieved approximately 600 surgical cases in the U.S. market, gaining recognition for product performance and safety.
The official said, "With the patent acquisition, L&K Biomed has secured all conditions for market dominance of height-expandable cages, including quality competitiveness, product approval, and patent rights."
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He added, "Having achieved both FDA registration and patent acquisition," and said, "While focusing on marketing to increase market share, we expect to conclude large-scale contracts."
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