MEDICREA® Enhances Its Proprietary UNiD ASI™ Service Platform with the Addition of an FDA-Cleared Device Planning and Selection Service

LYON & NEW YORK–(BUSINESS WIRE)–The MEDICREA® Group (Euronext Growth Paris: FR0004178572 – ALMED; OTCQX
Best Market – MRNTF), pioneering the transformation of spinal surgery
through Artificial Intelligence, predictive modeling and patient
specific implants with its UNiD ASI™ (Adaptive Spine Intelligence)
proprietary software platform, services and technologies, announced
today that it has extended the FDA 510(k) clearance of its proprietary
surgical planning software, UNiD HUB™, to integrate a complete database
of the Company’s implant portfolio to directly simulate and select
implants during surgical planning provided for surgery, enabling
significant improvements in surgical efficiency.

Denys SOURNAC, President and Chief Executive Officer, stated, “In
addition to supporting the clinical workflow, assisting surgeons in
building their surgical plan and providing patient specific implants,
the UNiD ASI™ service platform provides radically improved implant
logistics in the operating room as every implant can be planned before
the surgery allowing the hospital and surgical staff to focus on the
interoperative care rather than excess of inventory. Currently,
manufacturers are providing a standard kit with up to 450 screws when
only 2 are used per instrumented vertebrae. By receiving FDA-clearance
to integrate Medicrea’s complete implant database within our software,
we are uniquely positioned to reform this antiquated delivery model by
optimizing the implants provided for each surgery, with novel device
selection services to deliver patient-specific implants, including
the only FDA-cleared patient-specific
on the market.”

Healthcare reform is built upon the premise that costs can be reduced
while improving clinical outcomes. The cost of reprocessing and
sterilization of a spine system increases as the number of trays which
comprise that set increases. Similarly, the time and effort required to
complete reprocessing and sterilization can impact the turnaround
between cases. The minimization of a system footprint provides hospitals
with an opportunity to reduce costs associated with inventory and
sterilization. Adding implant selection to the growing number of
services associated with MEDICREA®’s UNiD™ technology enables the
Company to optimize the implants provided for each surgery, meeting the
market needs.

Denys SOURNAC continues “In the situation of a set being loaned for a
specific surgery, less than 10% of the inventory shipped is implanted in
the patient. By pre-operatively measuring the patient’s pedicles
diameter and length, we were able to reduce by 70% the amount of
inventory being shipped during the beta phase. Similarly, in hospitals
where inventory is consigned, we were able to optimize the number of
implants and observed a reduction of inventory of 80% during the beta
phase. These results are very promising, and MEDICREA® anticipates even
greater reductions by the end of the beta phase.”

This recent FDA clearance makes MEDICREA® the only manufacturer able to
streamline inventory required to operate as well as provide
patient-specific devices, through intelligent pre-operative surgical
planning. It also enables MEDICREA®’s UNiD LAB™ team of biomedical
engineers to more efficiently generate comprehensive surgical plans,
using outcome-centered predictive modeling algorithms to optimize
surgical strategy. These documented UNID™ surgical plans also allow the
operating room staff to clearly anticipate when each implant will be
needed by the surgeon. This is a critical combination as it streamlines
the OR workflow with precise pre-selected implants and alignment of
staff to the patient specific surgical plan and as it makes the surgery
safer for the patient by reducing the chances for errors.

The integration of an implant database with MEDICREA®’s UNiD HUB™
enables the Company to perform a comprehensive patient-specific
preoperative planning that will more completely link implant selection
with post-operative analyses and increase the robustness and efficiency
of MEDICREA®’s proprietary predictive model. By substantially increasing
the clinical and logistical data integrated into UNiD ASI™ (Adaptive
Spine Intelligence), MEDICREA® continues to disrupt spine industry norms
and extends its leadership of the digital revolution in spine care.

Denys SOURNAC to conclude: “The entire spine industry is facing a major
and structural problem with a working capital requirement reaching 20%
and 25% of turnover due to the very high inventory weight in their
activity, between kits consigned in hospitals, products loaned to
distributors and agents, and implants in logistic centers to ensure
replenishment. This model is no longer sustainable as it generates high
costs and immobilizes incredible levels of cash.”

About MEDICREA® (www.medicrea.com)

Through the lens of predictive medicine, MEDICREA® leverages its
proprietary software analysis tools with big data and machine learning
technologies supported by an expansive collection of clinical and
scientific data. The Company is well-placed to streamline the efficiency
of spinal care, reduce procedural complications and limit time spent in
the operating room.

Operating in a $10 billion marketplace, MEDICREA® is a Small and Medium
sized Enterprise (SME) with 200 employees worldwide, which includes 50
who are based in the U.S. The Company has an ultra-modern manufacturing
facility in Lyon, France housing the development and production of 3D-
printed titanium patient-specific implants.

For further information, please visit: medicrea.com.

Connect with MEDICREA®

MEDICREA® is listed on
EURONEXT Growth Paris
FR 0004178572

Ticker: ALMED

MEDICREA® is traded on
OTCQX Best Market


Founder, Chairman and CEO
[email protected]

Chief Financial Officer
[email protected]
+33 (0)4 72 01 87 87


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