NUREMBERG/BREMEN — Bio-Gate AG (ISIN DE000BGAG981), a leading provider in the field of innovative health technologies, has concluded a contract with a leading multinational medical device manufacturer for the coating of orthopaedic implants in human medicine. As part of the cooperation and the joint project management, Bio-Gate is responsible for the application engineering and the production of the HyProtect coating and also supports the regulatory approval of the implants.
Infections with multi-resistant germs continue to be a major threat to people worldwide. The number of newly approved, more effective antibiotics has fallen by over 80 % since the 1980s, and at the same time the incidence of multi-resistant germs in hospitals has risen massively. Currently, the WHO speaks of 700,000 deaths annually in connection with antibiotic-resistant germs. If nothing is done in this context, the WHO predicts 10 million deaths and costs for the health system of 76 trillion euros for the year 2050.
Especially in the field of implant revisions, complications in the form of implant-associated infections and inflammations are associated with sometimes life-threatening consequences for the patient and extremely high costs for the healthcare system.
According to market researchers Frost & Sullivan, orthopaedics was the third largest sub-segment in medical technology worldwide in 2021. According to scientific publications (e.g. Projections of Primary and Revision Hip and Knee Arthroplasty in the United States, Steven Kurtz et al.), the revision sector in the USA is expected to grow by at least 100 % by 2030, starting from 2022. This means about 260,000 knee revisions and 100,000 hip revisions in 2030.