TTK Healthcare, B P Trust ties-up for orthopedic implants

MUMBAI (makemystocks): India-based TTK Healthcare Ltd, ISIN: INE910C01018|BOM: 507747|NSE:TTKHEALTH, ortho division has a technical collaboration with B P Trust which is controlled by Dr Frederick F Buechel, the world-renowned orthopedic surgeon and Dr Micheal J Pappas who is an internationally recognized expert in advanced design.

TTK Healthcare, advanced by 4.39 per cent on previous close, on Bombay Stocks Exchange, after the company entered into a tie with an American collaboration to manufacture and market orthopedic implants.

TTK's ortho division uses state-of-the-art software for 3D modeling of complicated profiles and for accurate generation of articulating surfaces of knee implants. This is the only knee surgical implant manufactured in India with a US Food & Drug Administration (US FDA) approved design.

TTK Healthcare recently acquired the ortho business from a company at Chennai for manufacturing and marketing various orthopedic implants including the total knee replacement system.

TTK has also plans to take up the development of hip, ankle and shoulder replacements in a phased manner, it said in a statement with BSE.

The company operates in segments such as consumer product distribution, pharmaceuticals, medical devices, printing/maps and others. The company is also engaged in foods and publishing businesses.