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Martin Bionics Merged into Orthocare Innovations
OKLAHOMA CITY, March 13 – Martin Bionics, LLC, a prosthetics research and development company based in Oklahoma City, is pleased to announce that it has merged its assets with nationally recognized leader in biotechnology development, Orthocare Innovations. The entire Martin Bionics staff will be joining Orthocare Innovations, resulting in the formation of the largest independent orthotics and prosthetic research and development group in the United States.
“Jay Martin and his group have proven themselves adept at developing creative technologies and products that improve not only the quality of prosthetic devices, but also the quality of life for consumers,” commented Orthocare Innovations’ CEO Doug McCormack. “We are confident that coupling this ingenuity with our existing research capabilities under the scientific leadership of Chief Technology Officer David Boone, will quickly make Orthocare a significant catalyst for innovation in the field.”
Jay Martin, CP, President of Martin Bionics, who will be joining Orthocare Innovations as Director of Technical Services, commented, "This is a monumental time for our field. The assemblage of many great minds, focused together to tackle major outstanding issues, will have a dramatic effect on the lives of countless orthotics and prosthetics users. I am excited to be joining Orthocare Innovations to accelerate this progress."
With this acquisition, Orthocare Innovations will assume the Martin Bionics facilities and expand its operations in Oklahoma City. The Oklahoma City facility will be added to Orthocare’s existing operations in Seattle and Washington, D.C. “This merger will enable us to have a significantly greater impact on the field,” says Jay Martin.
The Oklahoma City group also gains a number of strategic assets through this transaction, including the strengths of several top researchers within the orthotics and prosthetics field, numerous biotechnology patents and technologies under development, and significant federal funding and collaborations through the National Institute of Health, Department of Veterans Affairs, and Johns Hopkins University Applied Physics Laboratory. This will result in new jobs for Oklahoma, as the creation of a world-class center of excellence in prosthetics is established.
Orthocare Innovations is a medical device research and product development company. We focus on commercializing advanced technologies to improve clinical efficiency and enhance the quality of patient care services in the rehabilitation and elder care markets. Orthocare is located in Washington, D.C., Seattle and Oklahoma City. For more information, go to www.orthocareinnovations.com
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Contact:
Jay Martin, CP, FAAOP
800.672.1710
Orthocare Innovations, LLC