News

August 4, 2020

Treace Medical Concepts, Inc. Secures $50 Million Debt Facility and Expands Revolving Line of Credit

PONTE VEDRA, FLA. – August 4, 2020  – Treace Medical Concepts, Inc. (“Treace”), a medical device company focused on advancing the standard of care for hallux valgus (bunion) surgery, announced that it closed on a $50 million non-dilutive term loan agreement with CR Group L.P. (“CRG”), a healthcare focused investment firm.  The Company also announced that it now has up to $10 million available under its revolving line of credit with Silicon Valley Bank (“SVB”). Under the term loan with CRG, Treace received $30 million at closing and will have access to an additional $20 million in two tranches upon achieving certain milestones. The Company used […]
July 24, 2020

Bartlett woman inspires others, doesn’t let COVID-19 stop her from realizing goals

July 24, 2020 – In an interview with News Channel 3, Wanda Martin, a 73-year old senior Olympian from Bartlett, Tennessee, shared that receiving Lapiplasty® 3D Bunion Correction™ has changed her life. “My bone was sticking way out to the side of my foot. I always had to get wide shoes… I had to do gel pads, cotton balls, all kinds of things around my bunion because it hurt so much.” Wanda had been suffering from foot pain associated with a bunion for years. She was able to push through the discomfort for some time so that she could participate […]
July 17, 2020

3D Surgery Seeing High Success Rate for Those Who Suffer from Bunions

July 17, 2020 – In an interview with Scripps TV, a syndicated broadcast service distributed to 50 television stations in 43 markets, Jennifer A. shared her story of how the Lapiplasty® 3D Bunion Correction™ Procedure got her back on her feet and running again – literally. The Denver-based fitness enthusiast had noticed a bunion developing in her early 30s. Flash forward 12 years and the pain associated with her bunion had reached the point that simply putting on running shoes or hiking boots meant misery. As Jennifer began researching her treatment options, she learned there are 200 different types of […]
May 1, 2020

Treatment of Hallux Valgus Deformity Benefits from 3D ‘Revolution’

May 1, 2020 – authored by Robert D. Santrock, MD, FAAOS | WVU University – Today, recognition of hallux valgus as a 3D deformity has motivated the development of a third generation of the Lapidus procedure: the anatomic triplane first TMT arthrodesis. The technique incorporates the giant strides taken by Drs. Lapidus, Sangeorzan, and Hansen and adds the following: correction of the frontal plane rotation (triplanar correction), precision instrumentation for reproducibility, and multiplanar fixation. In that multiplanar fixation has been shown by the AO Institute to be extremely stable, the fixation change attempts to expedite weight-bearing. Because that portion of […]
March 4, 2020

Treace Medical Announces Publication of Additional Positive Clinical Data Supporting Lapiplasty® 3D Bunion Correction™

108 patient study published in The Journal of Foot & Ankle Surgery demonstrates 99.1% maintenance of correction in bunion patients treated with Lapiplasty® surgery Treace Medical Concepts, Inc., a medical device company focused on advancing the standard of care for hallux valgus (bunion) surgery, announces publication of new positive clinical data supporting Lapiplasty® 3D Bunion Correction™ in The Journal of Foot & Ankle Surgery.1  The objective of the study was to compare radiographic measurements of 3-plane bunion correction in patients before and after receiving triplane first tarsometatarsal arthrodesis procedure and to assess radiographic recurrence and healing rates.  Highlights of the […]
March 2, 2020

Life Changing Foot Surgery Helps Heal Southport Woman

March 2, 2020 – In an interview with Spectrum News in Coastal North Carolina, Dr. Joseph Kibler at Instride Brunswick Foot & Ankle Surgery in Supply, North Carolina said the Lapiplasty® Procedure “uses titanium plates to re-stabilize and secure the unstable joint in the middle of your foot” unlike a traditional bunionectomy which “shaves the joint down.” He shares “The way that we solidly fix the bone [in the Lapiplasty ® 3D Bunion Correction™] allows me to feel confident and get my patients back walking [in a walking boot],” said Kibler. “That’s important, especially for some of my older patients […]
January 29, 2020

New procedure treats the root cause of bunion deformity

January 29, 2020 – Podiatrist Dale Brink with Performance Foot and Ankle first “successfully performed a new approach to traditional bunion surgery called Lapiplasty® 3D Bunion Correction™ at UChicago Medicine Ingalls Memorial hospital in 2017” and two years later and dozens of Lapiplasty® Procedures completed, “Brink continues to perfect his technique and is involved with nationwide efforts to improve the surgery.” In the article written by Natalie Helms, Dr. Brink shares that he “attended an event in summer 2019 with the inventors of the Lapiplasty® technology, as well as podiatrists and surgeons from across the country, to analyze case studies, […]
January 16, 2020

Lapiplasty® 3D Bunion Correction can help alleviate bunions

January 16, 2020 – In an interview with ABC affiliate WFAA’s Good Morning Texas in Dallas, Texas, Dr. Mojgan Tavakoli at Foot and Ankle Center of Frisco and Plano says, “bunions are a hereditary, progressive disorder” When asked by Good Morning Texas host Alanna Sarabia about surgical options Dr. Horst Knapp, also at Foot and Ankle Center of Frisco, said that people should consider bunion surgery “once the bunion becomes painful in shoes and stops you from performing the activities you want to do or the activities that you must do, it’s time to consider having surgery.” Dr. Knapp explains […]
December 10, 2019

Remove bunions with Lapiplasty® 3D Bunion Correction™

December 10, 2019 – In an interview with ABC 15 in Phoenix, Arizona, Dr. Jeffrey McAlister at Phoenix Foot and Ankle Institute cleared up bunion misconceptions and explained that bunions are “a complex 3D deformity occurring at the middle of the foot, at an unstable joint” and that they are hereditary. In the segment, Dr. McAlister referred to a video demonstrating how the Lapiplasty® Procedure differs from a traditional 2D Osteotomy. He explains that the traditional approach to fixing a bunion was done by “cutting off the bump” but studies revealed “up to 70 percent of bunions corrected by traditional […]
December 2, 2019

My Health with Kristine

December 2, 2019 – In an interview on My Health with Kristine on ABC affiliate WLAJ in Lansing, Michigan, Dr. Karl Dunn at Mid-Michigan Orthopaedic Institute – Compass Health shared that “Traditional [bunion] procedures were two dimensional. Lapiplasty® [3D Bunion Correction™] is a new procedure which correct bunions in all [three] dimensions. We’re able to treat the deeper issues causing the bunions, like never before, which can reduce the risk of recurrence and get you back onto your feet much quicker.”1 When asked by segment host Kristine “If someone is suffering from bunion pain what should they do?”, Dr. Dunn […]