Ontario Community Newspapers

Waterloo Chronicle (Waterloo, On1868), 20 Aug 2014, p. 20

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i R'WAmqunl-Mnudaymzo, 2014 C O O . Intellqomt ready for the next stage with new oflice and FDA approval mutt-m g , 4 e A 3- a“ few“ (4 » f 9 72,1 si’x‘fi” t ha all the tapping orhome, ' we? a; ’* Iwithlwallnthefiommmptim .. Mfiur areathatindudesacopyofflie * s < 1 first cheque lntellijoint Surgical - ,_ it 33 if Whhmmbm - ;’ 943 ‘_ A”, lid. -»-' g . ‘ .~ if 4 Alsoimportantinthiscollection a" A ‘ f?" ofmermitfliliaistheacopyot'die ‘ k 7 j:- . recent approval of the us Food _' e, ‘ 1 _ 31. ‘ “MMministnn'ontoselllts ‘ “ . 6 ri- lntellijoint HIP product to a market 5 3 i 3 of more than 318 million people. ..‘ ”a 13; A; it all added to the festivities last : at?! Fridayasthelooalhighted’tstartup t {5 33.55“ offidallyopeneditsnewheadquar- - . » § “r j“ tmatsoBadturstDr.inWatedoo “ ‘_ l fl ‘ aftergmdtnnng' fromtheroelera- ;’.'Z:3"-',‘t"". ~ t _. . torCentreinlune. ' f “it " ~ ‘ A" ' Even the cake had a suitable t‘ t , ' = home, sweet home theme as the 1 “ "aim 36“ company's founders and 17 ~ g . ' v iia employees celebrated their suce _ f .. » ' A "a ' - t cesses with the people who helped ~ ~.. '- a " t iii-iii? ,. three friends turn an idea into a " 3,155.2 ‘ a 'i‘ fly-5&3; full~fledged biomechanical enter» 7 . 5: Kg; , , , . 3 if hag-r prise withanintemational reach. A ~ 1' y , i L g g . “i really say this time and time $25.12- 1 ' ,' ,:~"-_ again, but we really started from _; 3:31; f , , \ "mm“; said ‘n'e‘hlom‘ CE" and Team net-then of lntelli' ‘ iodudi CEO Armen Hakim, centre left, toss their caps in the air do ' m mics at Waterloo's (O'R’unde' we" “mm" mm Accelerator Centre in Juana compnagny held a grand opening ceremony for its new facility at 60 Sodium in Wm last Friday. mg the celebration. “We were three at more friends out of the University of Aeryon Labs. which builds from Waterloo MP Peter Braid, disposable lntellijoint HlP unit that gery “So we expect to see more of wafflm" and we‘ve bUi|‘_50"_‘e' unmanned aerial vehicles at its "Having regulatory approval in the saves both timeandmoneyin what them use the device in greater vo|~ ”1an great together, and “15 thing new 575 Kumpl' Dr. location. US, is very important and builds is normally an inmate procedure. umes going forward.” that we've built wouldn‘t be P055“ The 6.4“) square-foot Bathurst on our Canadian clearance and all “Now going into the US, as well we The potential is limitless, and h]? without every Sing“? person in Drive facility will allow lntelliioint the good clinical work we've done hope to increase our volumes and there are early estimates that it ”1's room. You've (“1“th our story Surya! to do production. fabrica- in Canada so far.“ said Bakinzian. expect more of the same as more could save the health care system i" ”“e way or another and we are tbmproductdevdopment and sale The lntellijoint HIP device. a surgeons use our device' $500 million. extremely apprectative “f every- and support under one roof. it's a miniaturized sensor system that lntelliioint hopes the device will "We've made some realistic and lhlng WU"? W!“ “57 big step up for than, especially in helps surgeons place orthopaedic take some of the guesswork out of achievable goals." said Bakirm’an 831371113" 53” "m"?! the leap light of the FDAlpprovlt implants during hip replacement surgery. while improving outcomes Whose team includes coâ€"founders from being pan Of the Accelerator “The last month has been very surgery, is already being used in and reducingoomplications Richard Parson andAndre Hladia program 10 opening ”5 office '" exciting for us having the four Ontario hospitalsand win also "We hope they really appreciate “Our goals are big and our Maywasa bill °""- But he was bd' announcement of the FDA beusedin fourhospitalsintheUS what it delivers for them," said dreams are big, but at the same stered by the knowledge that the approval being the biggest mile- “We're up to about 130 proce- Bakinzian who comes from a famiâ€" time they're achievable. and that's new 55“? has also hem a launching stone to date for our company.” dureu usingthedevice. and the vol- ly of doctors himself and was what's drivinguscverydaywhen we Pad for "V0 other ”(cc-“f“, M said Bakinn'an alter the ceremony umes have gone up pretty quickly,” inspired to develop the device come to the office. Like the cake high ”Ch companies. '"C'"din8 that included special recognition said Bakinzian about the low cost. while watching his dad during sur- says. it's home, sweet home"

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