Treace Medical Concepts, Inc. announced the recent limited market release of several new complementary technologies for treating bunions and bunion-related procedures. These products will be available in limited market release in the U.S. through Treace's bunion-focused sales team with a full market release expected in the fourth quarter of 2023. The Company's new Hammertoe PEEK Fixation System is designed to address hammertoe, claw toe and mallet toe deformities.

Comprised of a convenient sterile-packed implant and instrument kit, the PEEK implant offers radiolucency and mechanical properties comparable to bone1,2, as well as a cannulated system to facilitate streamlined insertion and allow for accurate implant placement. Hammertoes often present concomitantly with bunions and are one of the most prevalent deformities in the foot resulting in approximately 700,000 surgical repairs per year in the U.S. In addition to the Hammertoe PEEK Fixation system, the LapiTome and RazorTomeOsteotomes are two new sterile, single-use instruments that are designed to facilitate more efficient removal and release of bone slices and soft tissues in Lapiplasty and Adductoplasty cases. These new devices expand the Company's current offering of SpeedRelease and TriTome sterile instruments, which were commercialized last year.