Implanet Opens German Subsidiary

BORDEAUX, France & BOSTON–(BUSINESS WIRE)–Regulatory News:

Implanet (Paris:ALIMP) (OTCQX:IMPZY) (Euronext Growth: ALIMP, FR0010458729, eligible for PEA-PME equity savings plans; OTCQX: IMPZY), a medical technology company specializing in vertebral and knee-surgery implants, today announces its establishment in Germany.

Following the opening of the Implanet UK sales branch in June 2018, Implanet continues direct operational expansion in the European market at a rapid pace with the opening of Implanet GmbH, in Frankfurt am Main. Implanet targets the German degenerative spine disease market, the largest in Europe, estimated at 300 million dollars¹, with approximately 1,000 potential surgeon customers. Like Implanet UK, this new German branch will capitalize on the success of Implanet’s strategy in France and the United States by setting up a mixed network of direct sales representatives and exclusive sales agents.

Implanet GmbH is headed by Jana Heuer, with 10 years of experience as a sales leader in the spinal surgery market, most recently at Paradigm Spine for four years and K2M for six years.

Ludovic Lastennet, Chief Executive Officer of Implanet, said: “After announcing Implanet UK in June, the opening of Implanet GmbH in Germany represents a new milestone in the implementation of our 2018-2019 strategic plan: this consists in promoting Implanet’s product range directly in key European markets and preparing to integrate the products of our partner L&K Biomed.”

Next press release: first-half 2018 results, Wednesday 19 September 2018

About IMPLANET
Founded in 2007, IMPLANET is a medical technology company that manufactures high-quality implants for orthopedic surgery. Its flagship product, the JAZZ® latest-generation implant, aims to treat spinal pathologies requiring vertebral fusion surgery. Protected by four families of international patents, JAZZ® has obtained 510(k) regulatory clearance from the Food and Drug Administration (FDA) in the United States and the CE mark. IMPLANET employs 46 staff and recorded 2017 sales of €7.8 million. For further information, please visit www.implanet.com.

Based near Bordeaux in France, IMPLANET established a US subsidiary in Boston in 2013.

IMPLANET is listed on Euronext™ Growth market in Paris. The Company would like to remind that the table for monitoring the BEOCABSA, OCA, BSA and the number of shares outstanding, is available on its website: http://www.implanet-invest.com/suivi-des-actions-80

¹ Company estimates