What Allegra Orthopaedics does

Allegra Orthopaedics Limited (ASX: AMT) is an Australian medical device company founded in 1994 (originally as Advanced Surgical Design and Manufacture Limited) and headquartered in Lane Cove West, Sydney. The company designs, manufactures, and distributes orthopaedic implants and surgical instruments spanning knees (Active Knee, Endo-Model® series, MEGASYSTEM-C® for tumour and revision cases), hips (femoral stems, acetabular cups, ceramic and CoCrMo heads), upper limb solutions (Alians plating, clavicle fixation), foot and ankle products (Hintegra® total ankle), hand/wrist devices (KLS Martin systems), and consumables (EZBlades®, K-wires, pins). Its proprietary innovation program centres on the Sr-HT-Gahnite synthetic bone substitute, licensed from the University of Sydney in 2014 and progressing toward FDA approval as a spinal cage device, with pilot animal studies completed at SAHMRI in 2021.

The business model combines proprietary product manufacturing (Active Knee, K-wires, clavicle systems, CustomLINK bespoke implants) with exclusive Australian distribution of international brands including Waldemar LINK, Arthrosurface, Spierings Orthopaedics, Osteotec, KLS Martin, and Komet Medical. The company sells directly to orthopaedic surgeons and hospitals primarily in Australia, with stated expansion targets in USA, UK and key European markets. Pricing is not publicly disclosed and is negotiated on a contract basis with healthcare providers. Products are certified to TGA, EU/CE, and FDA standards, with FDA registration for the posterior stabilised knee achieved in 2010.

Recent corporate activity materially reshapes the operating profile. In August 2023, Allegra completed the sale of its Orthopaedic Division, its historical core revenue-generating business, alongside a pro-rata non-renounceable entitlement offer to fund the residual Innovation Division. In May 2024, a recommended cash takeover offer was received, followed by suspension from ASX quotation and changes to directors and the non-executive chairman in October 2024. The company currently operates with 11-50 employees focused on the Sr-HT-Gahnite development pipeline and residual operations, with multiple capital raisings since 2013 indicating reliance on equity funding rather than operating cash generation.

Name

Allegra Orthopaedics

Legal name

Allegra Orthopaedics Limited

Website

https://allegraorthopaedics.com

Company type

Public

Founded year

1994

Operating status

Operating

Headcount range

11–50 employees

Short description

Allegra Orthopaedics (ASX: AMT) is an Australian medical device company founded in 1994 that designs, manufactures, and distributes orthopaedic implants and surgical instruments to hospitals and orthopaedic surgeons, primarily in Australia, with proprietary products plus exclusive distribution of international brands.

Ownership category

akta.pro rank

Product category

Orthopaedic Implants

NAICS

Surgical Appliance and Supplies Manufacturing (339113), Surgical and Medical Instrument Manufacturing (339112), Medical Equipment and Supplies Manufacturing (3391)

SIC

Orthopedic, Prosthetic & Surgical Appliances & Supplies (3842), Surgical & Medical Instruments & Apparatus (3841)

akta.pro primary industry

Orthopedic Joint Reconstruction Implants (Hip/Knee/Shoulder/Elbow/Ankle) (HLAHAEAA)

akta.pro secondary industries

Orthopedic Trauma & Extremities Fixation (Plates/Screws/Nails/External Fixation) (HLAHAEAB), Bone Graft Substitutes & Orthobiologics (Synthetic/Allograft/DBM) (HLAHAEAG), Hip & Knee Reconstruction (Arthroplasty) (HLAKALAH), Orthotics & Bracing (Spinal/Lower/Upper Extremity Orthoses) (HLAHAEAI), Single-Use Surgical Devices & Procedure Packs (Disposable instruments, drapes, kits) (HLAHADAM)

Keywords

• Orthopaedic implants
• Medical device manufacturing
• Knee replacement prostheses
• Surgical instruments
• Spinal devices

Headquarters

HQ city

Sydney

HQ country

Australia

HQ region

Oceania

Offices1 record

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Supply Chain, Operations, Personnel, Technology or R&D, Marketing or Sales

Revenue model

1. Medical Device and Implant Sales: Revenue from selling orthopaedic implants, surgical instruments, and related medical devices. Principal products have clinical histories exceeding fifteen or more years. Products are sold to hospitals and orthopaedic surgeons primarily in Australia.

Go-to-market motion1 record

Distribution channels3 records

Marketing channels4 records

Core offering

Allegra Orthopaedics designs, manufactures, and distributes orthopaedic implants and surgical instruments used in joint replacement, tumour and revision surgery, fracture fixation, and spinal procedures. Its principal proprietary products include the Active Knee primary knee replacement prosthesis, the MEGASYSTEM-C modular tumour and revision system, and CustomLINK bespoke implants, complemented by exclusive Australian distribution of international brands such as Waldemar LINK, Arthrosurface, KLS Martin, Komet Medical, Spierings Orthopaedics, and Osteotec.

Product overview

Allegra Orthopaedics is an Australian listed company (ASX: AMT) established in 1994, distributing and manufacturing orthopaedic implants and surgical instruments. The portfolio includes knee replacement systems (Active Knee, Endo-Model® series, MEGASYSTEM-C® for tumour/revision cases), hip replacement components (femoral stems, acetabular cups, prosthesis heads in ceramic and CoCrMo), upper limb solutions (Alians plating systems for humerus and elbow, clavicle fixation), foot and ankle products (Hintegra® Total Ankle Replacement, HTO Activmotion S DTO), hand and wrist devices (KLS Martin systems), and surgical instruments (saw blades, wires, pins). The company also develops proprietary innovation projects including the Sr-HT-Gahnite synthetic bone substitute for spinal applications. Products are distributed primarily through distribution agreements with Waldemar LINK GmbH, Arthrosurface, Spierings Orthopaedics, Komet Medical, and KLS Martin. Certifications include TGA (Australia), CE marking (EU), and FDA registration (USA).

Differentiator

Problem solved

Functional benefit

Products and services

• Active Knee Primary knee replacement prosthesis used by orthopaedic surgeons for total knee arthroplasty, recognised as a leading design in the Australian market per the 2007 Australian Orthopaedic Association's Joint Registry.
• MEGASYSTEM-C Modular Tumour and Revision System Modular tumour and revision system with high modularity that allows partial bone replacements in proximal and distal femur in small increments as well as total femoral replacement; compatible with MP Reconstruction Prosthesis and Endo-Model SL Knee Prosthesis System.
• Endo-Model SL Rotational and Hinge Knee Rotational and hinge knee prosthesis system for complex knee reconstruction cases.
• Endo-Model Knee Established knee prosthesis system with over 40 years of clinical history globally, distributed in Australia by Allegra.
• Endo-Model Partial Pelvis Replacement Cemented pelvis replacement option with artificial hip acetabular cup for acetabular fixation in patients with destructive bony conditions.
• MP Reconstruction Prosthesis Reconstruction prosthesis system compatible with MEGASYSTEM-C for tumour and revision surgeries.
• CustomLINK Bespoke implant solutions for orthopaedic cases where commercially available systems are not an option.
• Alians Proximal Humerus Plating System Anatomically pre-contoured plates for proximal humerus fractures with 25° polyaxial locking screw fixation and fixed-angle divergent blunt-tipped screws.
• Alians Elbow Plating System Distal humerus and olecranon plating system with anatomically pre-contoured and bendable plates and 20° polyaxial locking screw fixation.
• Clavicle Fixation System (CFS) Adult and adolescent range for midshaft and 1/3 lateral clavicle fractures with low-profile design and Nitinol trials.
• EZBlades Premium saw blade range for Total Knee Arthroplasty with honeycomb structured surface and optimized tooth geometry, compatible with common power systems.
• KMS Saw Blades Broadly diversified range of saw blades (micro, sternal, oscillating, reciprocal) suitable for commonly used power system connections.
• Noviomagus Cup Resector Instrument designed to remove uncemented acetabular cups while minimising acetabular bone loss at the bone-prosthesis interface during revision hip surgery.
• ChiroKlip Self-fixing butterfly-shaped clip that prevents needle stick injuries for patients and staff, complementing Allegra's k-wire range.
• Allegra K Wires and Pins Kirschner wires and Steinmann pins for securing bone fragments, supplementing Allegra's knee products.
• HTO Activmotion S DTO Precontoured implants for bone reconstruction of the ankle joint in adults and adolescents, including fixation of fractures and osteotomies.
• Hintegra Total Ankle Replacement Total ankle replacement system for ankle joint reconstruction in adult and adolescent patients.
• Signature Evolve Cemented Femoral Stem Cemented femoral stem component for primary hip replacement procedures.
• Signature Origin Femoral Stem Femoral stem component for primary hip replacement.
• Signature Logical G Series Cup Acetabular cup component for primary hip replacement.
• Ceramic Prosthesis Heads Ceramic femoral head components for hip replacement procedures.
• CoCrMo Prosthesis Heads Cobalt chrome molybdenum alloy femoral head components for hip replacement procedures.
• CombiCup PF Acetabular Cup Acetabular cup system for primary hip replacement.
• Combi-Cup R Revision Cup Acetabular revision cup system for complex hip revision cases.
• IP Acetabular Cup Acetabular cup component for hip replacement.
• Standard C Cementless Stem Cementless femoral stem for primary hip replacement.
• St Georg SLED (Uni Knee) Unicompartmental knee replacement system for partial knee arthroplasty.
• Arthrosurface HemiCAP Femoral Condyle Partial femoral condyle resurfacing implant for knee preservation procedures.
• Arthrosurface HemiCAP Shoulder Shoulder resurfacing implant system for joint preservation.
• Arthrosurface NanoFX Nanofracture Nanofracture system for cartilage repair through subchondral bone stimulation.
• KLS Martin Linos Hand Fracture System Plate and screw system for hand fracture fixation.
• KLS Martin IXOS Distal Radius System Distal radius fixation system for wrist fracture management.
• KLS Martin Herbert Ulna Head Prosthesis (UHP) Ulnar head replacement prosthesis for distal radioulnar joint reconstruction.
• KLS Martin HBS2 Compression Screw Compression screw system for fracture fixation.
• StripEase Surgical tool for surgeons to strip veins from forearms for use in other parts of the body.
• Sr-HT-Gahnite Spinal Cage Device Proprietary synthetic bone substitute spinal cage device under development by Allegra, with technology licensed from the University of Sydney (April 2014) and progressing toward FDA approval via the SAHMRI animal study route.
• Post-surgery Rehabilitation Devices Range of post-surgery rehabilitation devices including finger splints, knuckle splints, toe splints, and eye patches.

Quantifiable outcome

• Active Knee recognised amongst leading designs in Australian market according to 2007 Australian Orthopaedic Association's Joint Registry
• +1 more outcomes

Named customers1 record

Segments1 record

Ideal customer profiles2 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Partnerships

Eight partnerships are on record, tiered strategic and core.

• Swinburne University of Technology (ARC Training Centre for Surface Engineering for Advanced Materials - SEAM)strategicStrategic or Co-development Partner · 9 August 2021Partnership between Swinburne's ARC Training Centre for Surface Engineering for Advanced Materials (SEAM), RMIT University and Allegra Orthopaedics to explore a novel coating manufacturing process to deposit proprietary coatings on orthopaedic implants.
• SAHMRI (South Australian Health and Medical Research Institute)coreStrategic or Co-development Partner · 6 April 2021Successful completion of 8-week pilot animal study for Sr-HT-Gahnite Spinal Cage Device at SAHMRI. Results marked a pivotal milestone toward FDA approval route.
• Waldemar LINK GmbH & CocoreChannel Partner/ Reseller/ Distributor · 14 December 2017Allegra Orthopaedics entered into an agreement with Waldemar LINK GmbH & Co to exclusively distribute their complete range of medical device implant products within Australia. LINK has products which have set new standards and has a respected name among the orthopaedic community. Products include MEGASYYSTEM-C modular tumour and revision system, Endo-Model knee systems, and various hip and knee prostheses.
• The University of SydneycoreStrategic or Co-development Partner · 2 April 2014License agreement for synthetic bone substitute technology. This forms the basis of the Sr-HT-Gahnite bone project and spinal cage device development.
• Arthrosurface InccoreChannel Partner/ Reseller/ Distributor · 11 October 2010Distribution agreement for Arthrosurface products including HemiCAP femoral condyle, HemiCAP PF Wave, NanoFX Nanofracture, and other joint surface solutions.
• Spierings OrthopaedicscoreChannel Partner/ Reseller/ DistributorDistribution partnership for Noviomagus Cup Resector kit. The instrument is designed to remove uncemented acetabular cups while minimising acetabular bone loss at the bone-prosthesis interface.
• Osteotec Ltd (UK)coreChannel Partner/ Reseller/ DistributorExclusive Australian distributor for ChiroKlip, a butterfly-shaped clip that prevents needle stick injuries for patients and staff. Described as a natural fit to complement Allegra's k-wire range.
• RMIT UniversitystrategicStrategic or Co-development PartnerCollaborating with Swinburne SEAM and Allegra to develop novel coating manufacturing processes for orthopaedic implants.

Scale indicators4 records

Recent moves7 records

Expansion highlights5 records

Emerging players

• Corin Group: Corin is a UK-based mid-market orthopaedic implant company focused on hip, knee, and ankle solutions. Comparable emerging player with similar niche-positioning in high-value orthopaedic segments and comparable scale to Allegra.
• Osteotec Ltd: Osteotec is a UK-based orthopaedic device company specializing in niche orthopaedic products including ChiroKlip (which Allegra distributes in Australia). A peer in the niche orthopaedic distribution and manufacturing space with comparable scale.

Broad incumbents

• Smith+Nephew: Smith+Nephew is a global medical device company with a significant orthopaedics franchise (knee, hip, trauma) directly competing with Allegra's product portfolio across multiple geographies. A broad incumbent in the same orthopaedic device space.
• Stryker Corporation: Stryker is one of the largest global orthopaedic device companies with knee, hip, trauma, and surgical instrument product lines that directly overlap with Allegra's portfolio. A broad incumbent in the orthopaedic implant space.
• Zimmer Biomet: Zimmer Biomet is a global leader in musculoskeletal healthcare with a comprehensive orthopaedic implant portfolio (hips, knees, surgical instruments) that competes with Allegra's products across multiple geographies.
• Johnson & Johnson (DePuy Synthes): DePuy Synthes, part of J&J MedTech, is a dominant global orthopaedic and neurosurgery implant and instrument company. A broad incumbent with overlapping product lines in knee, hip, trauma, and surgical instruments.
• Enovis Corporation (DJO): Enovis (formerly DJO) is a medical device company with significant orthopaedic and surgical implant franchises. A broad incumbent in orthopaedic devices and surgical instruments that competes with Allegra's product portfolio.

Direct peers

• KLS Martin Group: KLS Martin manufactures surgical implants and instruments for hand/wrist, maxillofacial, and orthopaedic surgery. They are a direct peer and distribution partner of Allegra, with comparable orthopaedic implant and surgical instrument portfolios.
• Arthrosurface Inc: Arthrosurface develops joint surface restoration products (HemiCAP, NanoFX) and partners with Allegra for Australian distribution. Direct peer in the orthopaedic device category, with overlapping focus on knee, shoulder, and joint preservation technology.
• Waldemar LINK GmbH & Co: Waldemar LINK is a German manufacturer of orthopaedic implants and surgical instruments whose products (MEGASYSTEM-C, Endo-Model knee, hip systems) Allegra exclusively distributes in Australia. LINK is a direct peer in orthopaedic implant design, manufacturing, and distribution with overlapping product portfolios.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks7 records

Key highlights7 records

Customer concentration

Compliance3 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles2 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Allegra Orthopaedics