Exactech and Alkem MedTech To Launch Advanced Joint Implants In India

Alkem MedTech, a branch of Alkem Laboratories, has struck a deal with the international medical device firm Exactech to produce and distribute joint replacement implants in India. This partnership will allow Alkem MedTech to handle the manufacturing and marketing of Exactech’s knee and hip replacement products within the Indian market. Under this agreement, Alkem MedTech will gain access to Exactech’s advanced design and manufacturing capabilities, as well as the rights to market their brands in India, including Alteon, AcuMatch, Novation, Optetrak Logic, and Truliant.

Alkem MedTech CEO Kaustav Banerjee said in a statement, “The agreement between Alkem MedTech and Exactech represents a significant step forward for manufacturing medical devices in India. It aligns with the Government of India’s mission to promote the end-to-end manufacturing of high-precision medical devices within the country.”

Exactech chief marketing officer and large joints business unit senior vice-president Adam Hayden mentioned, “Partnering with Alkem MedTech gives Exactech a new opportunity to provide our advanced, comprehensive hip and knee implants to patients in India. We look forward to addressing one of the largest underserved and fastest growing patient populations in the world with our innovative solutions. Alkem, as an established and respected healthcare company with broad capabilities, will be instrumental in the process, and we are proud to be Alkem MedTech’s implant partner of choice to help propel their expansion into orthopaedics.”