Solid start to 2017
aap Implantate has announced a solid start to 2017 with Q1 trauma sales increasing by 30% to €2.9m and total sales up 23% to €3.1m, slightly ahead of company guidance of €1.8m to €2.8m. This is significant as 2017 is the first year following the company’s transformation into a pure trauma player and suggests that traction is starting to develop following initiatives to drive sales in the established markets. Increasing market penetration in Europe and the US remains key to a sustained return to growth.AAP Implantate is engaged in the development, manufacture and marketing of trauma implants for healing fractures, and in biomaterials (bone cements and cementing devices). Co.'s main focus is on human bone and on healing or, if need be, replacing it. In the trauma area, Co. develops solutions to restore fractures (osteosynthesis). These trauma implants are used to fix and stabilize fractures, partly supported by bone graft substitutes. Specifically, Co. develops and manufactures plates and screws for osteosynthesis, while its subsidiary, aap Biomaterials GmbH, focuses on bone cements and cementing devices for arthroplasty and spine surgery and on bone substitutes.
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