Orthovita, Inc. (Nasdaq: VITA) today announced that it will be hosting
an investor breakfast from 7:00 A.M. to 9:00 A.M. PST on Wednesday,
November 11, 2009, at the W Hotel in San Francisco, CA. This event will
coincide with the annual meeting of the North American Spine Society
(NASS) and will feature presentations by prominent surgeons on the
practice of managing vertebral compression fractures (VCFs), including
the role of Cortoss™, Orthovita’s novel biomaterial for the treatment of
VCFs. Orthovita’s senior management will also provide an update on the
commercialization of Cortoss.
Institutional buy side investment professionals and sell side analysts
are invited to attend in person. The event will be available to the
public via live Webcast at http://www.orthovita.com/investors/.
To listen to the live event and view the corresponding presentation,
please go to the Web site at least 15 minutes early to register,
download and install any necessary audio software. A replay of the event
will be available within 24 hours after the event. A replay of the
webcast will be available for 90 days at the same location.
Pre-registration for the event is required. To pre-register, please
contact Robert Stanislaro at (212) 850-5657 or robert.stanislaro@fd.com.
Location and event details will be e-mailed to eligible professionals
who pre-register. To enable Orthovita to make the necessary
arrangements, pre-registration will close on November 9, 2009.
About the Company
Orthovita is an orthobiologics and biosurgery company that develops and
markets novel medical devices. Our orthobiologics platform offers
products for the fusion, regeneration, and fixation of human bone. Our
biosurgery platform offers products for controlling intra-operative
bleeding, also known as hemostasis. Our current fusion and regeneration
products are based on our proprietary VITOSSTM Bone Graft
Substitute technology and address the non-structural bone graft market
with synthetic, bioactive alternatives to patient- and cadaver-derived
bone tissue. CORTOSSTM Bone Augmentation Material, an
injectable, polymer composite that mimics the structural characteristics
of human bone, provides the basis for our fixation portfolio. CORTOSS
received FDA clearance in June 2009 for vertebral augmentation. Our
hemostasis portfolio includes VITAGELTM Surgical Hemostat, a
unique, collagen-based matrix that controls bleeding and facilitates
healing, and VITASURE™ Absorbable Hemostat, a plant-based product that
can be deployed quickly throughout surgery.
Disclosure Notice
This press release may contain forward-looking statements regarding
Orthovita’s current expectations of future events that involve risks and
uncertainties, including, without limitation, the demand and market
acceptance of our products, including CORTOSS, our ability to
successfully launch Cortoss, our ability to achieve our sales and net
loss forecast for 2009, and other aspects of our business. Such
statements are based on management’s current expectations and are
subject to a number of substantial risks and uncertainties that could
cause actual results or timeliness to differ materially from those
addressed in the forward-looking statements.
Factors that may
cause such a difference are listed from time to time in reports filed by
the Company with the U.S. Securities and Exchange Commission (SEC),
including but not limited to risks described in our most recently filed
Form 10-K under the caption "Risk Factors.”
Further
information about these and other relevant risks and uncertainties may
be found in Orthovita’s filings with the SEC, all of which are available
from the SEC as well as other sources. Orthovita undertakes no
obligation to publicly update any forward-looking statements.