Monday, Symmetry Medical Inc. (SMA) said it has entered into an exclusive five-year supply agreement with OrthoPediatrics Corp., a Warsaw, Indiana-based bio-science company that develops, designs and distributes anatomically appropriate orthopedic implants and solutions for pediatric and small stature patients.
Under terms of the agreement, Symmetry said it will serve as a manufacturer of implants, instruments and cases, and provide engineering resources, inventory management, warehousing and full supply chain management services through Symmetry's Total Solutions offering, which is ideal for companies like OrthoPediatrics. New product development services will be provided by Symmetry's Design and Development Center. Finished products and kitted sets will be shipped direct from Symmetry to distributors and hospitals.
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