- Business
- Episurf Medical AB (publ) (Nasdaq Stockholm: EPIS B) develops, manufactures and commercializes patient-specific orthopedic implants and surgical instruments for minimally invasive treatment of joint injuries, targeting middle-aged patients with aging but not end-stage joints; core products include the Episealer Knee system for focal cartilage and bone defects in the knee, Episealer Talus for ankle lesions, Episealer Patellofemoral System for patellofemoral osteoarthritis, Episealer MTP implant for big toe joint injuries under FDA 510(k) review, Epioscopy for 3D lesion visualization, Epiguide surgical drill guides and the µiFidelity web platform for personalized design, pre-planning and order management. Founded in 2008 by Professor Leif Ryd and headquartered at Karlavägen 60 in Stockholm, Sweden, the company operates globally with sales representation in the United States, Europe and Asia, serving surgeons and healthcare institutions through a distributor-based model featuring exclusive partnerships with DePuy Synthes in the US and Joint Operations in Germany, Austria, the UK and Ireland since February 2025. Recent developments encompass a fully guaranteed rights issue of units in August 2025 raising up to SEK 29.4 million before costs to fund FDA clearance for Episealer MTP, US commercialization preparations and sales expansion of the Patellofemoral System and other products; a second cost-saving program announced in July 2025 targeting SEK 20 million in reductions following a prior 2024 initiative; transition to accelerated growth via distributor networks; change of liquidity provider to Mangold effective August 29, 2025; and publication of the 2024 annual report in April 2025.