Full-Time
Posted on 10/3/2025
Designs and markets bunion correction systems
No salary listed
Pittsburgh, PA, USA
In Person
Treace Medical Concepts designs, manufactures, and markets orthopedic surgical systems for foot and ankle care, focusing on bunion correction and midfoot deformities. Its flagship Lapiplasty 3D Bunion Correction System uses patented instruments, implants, and a multi-plane approach with Biplanar plating to correct bunions at the root and enable faster weight-bearing. The company also offers Adductoplasty for coexisting midfoot deformities, Hammertoe PEEK Fixation, and SpeedPlate bone-fusion systems, selling kits through a direct sales force and distributors to physicians, ambulatory surgery centers, and hospitals. Treace aims to grow its portfolio and market leadership in foot-and-ankle devices by expanding adoption and improving surgical outcomes.
Company Size
201-500
Company Stage
IPO
Headquarters
Ponte Vedra Beach, Florida
Founded
2014
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Parental Leave
401(k) Company Match
Company Equity
Unlimited Paid Time Off
Treace Medical Concepts has completed the first surgical cases using its SuperBite Compression Screw System, marking an expansion beyond its core bunion and midfoot technologies. The screws feature variable thread pitch, self-drilling capabilities and beveled head design for both minimally invasive and open procedures, with diameters ranging from 2.5mm to 7.0mm. Dr Anne Holly Johnson of Hospital for Special Surgery performed the initial cases and praised the system's streamlined insertion and compression. The technology allows Treace to serve its 3,300-plus surgeon customers across additional foot and ankle procedures where compression screws are used. Full commercialisation is expected in the third quarter of 2026. Combined with the SpeedXM Midfoot Fusion System, the two products are projected to expand Treace's addressable market by approximately $300 million.
Treace announces first surgical cases with the SuperBite(TM) Compression Screw System. Rhea-AI Impact (Moderate) Rhea-AI Sentiment Rhea-AI summary. Treace Medical Concepts (Nasdaq: TMCI) announced first surgical cases using its new SuperBite(TM) Compression Screw System, designed for variable thread pitch, headless compression, self-drilling and countersinking for rapid insertion. Full commercialization is anticipated in Q3 2026. Treace said SuperBite and the SpeedXM midfoot system together increase its addressable market by an estimated $300 million. Positive. * Estimated TAM +$300M from two 2026 product launches * Full commercialization Q3 2026 for SuperBite compression screws * 3,300+ surgeon customers can be further serviced by the new product * Screw range 2.5mm-7.0mm supports forefoot, midfoot and hindfoot procedures Negative. News market reaction - TMCI. Key figures. Screw diameters (min): 2.5mm Screw diameters (max): 7.0mm Surgeon customers: 3,300+ +3 more Market reality check. Price: $1.4000 Vol: Volume 247,484 is below t... Peers on argus. Peers showed mixed, generally modest moves: BVS up 0.11%, CTKB up 0.22%, SRDX up... Historical context. 5 past events · Latest: Feb 27 (Negative) Pattern 5 events Market pulse summary. The stock moved -6.9% in the session following this news. A negative reaction despite this product n... Key terms. compression screws, osteotomy, minimally invasive, countersinking, +3 more AI-generated analysis. Not financial advice. 04/07/2026 - 09:04 AM New portfolio addition taps into incremental procedures throughout the foot and ankle; strengthens Treace's comprehensive suite of technologies for its growing customer base PONTE VEDRA, Fla., April 07, 2026 (GLOBE NEWSWIRE) - Treace Medical Concepts, Inc. ("Treace" or the "Company") (NasdaqGS: TMCI), a medical technology company driving a fundamental shift in the surgical treatment of bunions and related midfoot deformities, today announced the successful completion of the first cases utilizing its SuperBite(TM) Compression Screw System. SuperBite(TM) screws are engineered to deliver advanced compression through a variable thread pitch and optimized headless design, with its self-drilling and countersinking features enabling rapid screw insertion. The screw implants also incorporate a beveled head design with smoothed edges, making them ideal for both minimally invasive and traditional open surgical approaches. The SuperBite(TM) system offers comprehensive screw diameters ranging from 2.5mm to 7.0mm to address a broad range of foot & ankle surgical applications across the forefoot, midfoot, and hindfoot. Anne Holly Johnson, MD, of Hospital for Special Surgery (New York, New York) and a member of Treace's Surgeon Advisory Board, performed the first cases with the new SuperBite(TM) screws. She commented, "My first cases with the SuperBite(TM) screws were very successful. I was impressed with the streamlined insertion and great compression. Compression screws are the most common fixation used in foot and ankle surgery, and I plan to use the SuperBite(TM) screws in many different fusion and osteotomy applications." "The launch of SuperBite(TM) represents an important milestone in the expansion of our market-leading bunion & midfoot technology portfolio," said John T. Treace, CEO and Chairman of Treace. "SuperBite(TM) allows our direct sales team to more fully service our 3,300+ surgeon customers technology needs, not only in the procedures they perform with us today, but also a significant volume of incremental procedures throughout the foot and ankle where compression screws are utilized. We believe SuperBite(TM) screws will expand our addressable market, accelerate our case volumes, and grow our customer share of wallet, all while further advancing our position as a 1-stop-shop for our customers." Full commercialization of the SuperBite(TM) Compression Screw System is anticipated in the third quarter of 2026. Along with its other expected 2026 product launch, the SpeedXM(TM) Midfoot Fusion System, the two products are expected to increase Treace's total addressable market by an estimated $300 million. Forward-Looking Statements This press contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. All statements other than statements of historical fact are forward-looking statements, including, but not limited to, the Company's: anticipated future product launches and the timing of such product launches, and expectations regarding incremental procedure volumes, expanded customer wallet share, and increased addressable market. Forward-looking statements are based on management's current assumptions and expectations of future events and trends, which affect or may affect the Company's business, strategy, operations or financial performance, and actual results and other events may differ materially from those expressed or implied in such statements due to numerous risks and uncertainties. Forward-looking statements are inherently subject to risks and uncertainties, some of which cannot be predicted or quantified. Factors that could cause actual results or other events to differ materially from those contemplated in this press release can be found in the Risk Factors section of Treace's public filings with the Securities and Exchange Commission (SEC), including its Annual Report on Form 10-K for the year ended December 31, 2025, which was filed with the SEC on February 27, 2026, and Quarterly Reports on Form 10-Q or Current Reports on Form 8-K. Because forward-looking statements are inherently subject to risks and uncertainties, you should not rely on these forward-looking statements as predictions of future events. These forward-looking statements speak only as of their date, and, except to the extent required by law, the Company undertakes no obligation to update these statements, whether as a result of any new information, future developments or otherwise. About Treace Medical Concepts Treace Medical Concepts, Inc. is a medical technology company with the goal of advancing the standard of care for the surgical management of bunion and related midfoot deformities. Bunions are complex 3-dimensional deformities that originate from an unstable joint in the middle of the foot and affect approximately 67 million Americans, of which Treace estimates 1.1 million are annual surgical candidates. Treace has pioneered and patented the Lapiplasty(R) 3D Bunion Correction(R) System - a combination of instruments, implants, and surgical methods designed to surgically correct all three planes of the bunion deformity and secure the unstable joint, addressing the root cause of the bunion and helping patients get back to their active lifestyles. To further support the needs of surgeons and bunion patients, Treace offers its Adductoplasty(R) Midfoot Correction System, designed for reproducible surgical correction of midfoot deformities, two systems for minimally invasive osteotomy procedures, namely the Nanoplasty(R) 3D Minimally Invasive Bunion Correction System and the Percuplasty(TM) Percutaneous 3D Bunion Correction System, and the SpeedMTP(R) System. Treace continues to expand its footprint in the marketplace by extending its SpeedPlate(R) rapid compression implant platform to new applications, as well as providing surgeons with advanced digital solutions with its IntelliGuide(R) patient specific, pre-op planning and cut guide technology. For more information, please visit www.treace.com. Dr. Anne Holly Johnson is a paid consultant of the Company and will receive royalties on the SuperBite(TM) screws. Contacts: Treace Medical Concepts Mark L. Hair Chief Financial Officer [email protected] (904) 373-5940 Investors: Gilmartin Group Philip Trip Taylor [email protected] Faq. What is the SuperBite compression screw system announced by Treace (TMCI)? SuperBite is a headless compression screw system engineered for fast insertion and strong compression. According to the company, it features variable thread pitch, self-drilling and countersinking with diameters from 2.5mm to 7.0mm. When will Treace (TMCI) commercialize the SuperBite compression screws? Treace plans full commercialization in Q3 2026. According to the company, that timing precedes another expected 2026 launch and supports broader market rollout and sales training. How much does SuperBite expand Treace's addressable market (TMCI)? SuperBite plus SpeedXM are estimated to add about $300 million to addressable market. According to the company, both 2026 launches drive that cumulative market expansion estimate. How will SuperBite affect Treace (TMCI) surgeon coverage and case volume? Treace expects SuperBite to let its salesforce serve more procedures and surgeons. According to the company, SuperBite helps its team better service over 3,300 existing surgeon customers and increase case volumes. Which foot and ankle applications does the SuperBite screw range support for Treace (TMCI)? The screw range supports forefoot, midfoot and hindfoot surgical applications across fusion and osteotomy uses. According to the company, diameters from 2.5mm to 7.0mm cover a broad set of procedures.
Treace Medical Concepts has secured new financing arrangements with SLR affiliates, including a five-year term loan facility of up to $125 million and an asset-based revolving credit facility initially sized at $30 million, expandable to $50 million. The company drew $60 million on the term loan at closing, with remaining tranches tied to revenue milestones. Treace simultaneously repaid and terminated its previous credit agreements with MidCap, incurring $2.3 million in prepayment and exit fees. The ABL revolver's availability will be determined by receivables and inventory levels. Management stated the new facilities will enhance liquidity, support growth and provide greater financial flexibility for the medical device company.
New 5-Year Agreement Provides Continued Financial Strength & Flexibility...
Treace Medical has secured a five-year senior secured loan arrangement providing up to $175 million in debt financing. The package includes $60 million funded at close, $65 million in additional term loan availability, and a $50 million revolving credit facility, each subject to conditions. The Florida-based medical technology company used proceeds to prepay its previous $50 million term loan and $4 million drawn on its prior revolver. The term loan carries an interest rate of applicable SOFR with a 3% floor plus 5.05%, whilst the revolver is SOFR plus 4%. Following the refinancing with credit funds managed by SLR Capital Partners, Treace reports approximately $165 million in total liquidity. The term loan allows 48 months of interest-only payments, extendable by 12 months. Armentum Partners served as financial adviser on the transaction.