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ReCerf® Hip Resurfacing Arthroplasty, from MatOrtho® Becomes the World’s First All-Ceramic Hip Resurfacing Approved by a Regulatory Authority

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Groundbreaking Innovation Receives TGA Approval in Australia

LEATHERHEAD, England, Dec. 2, 2024 /CNW/ — MatOrtho, the UK-based global innovator of hip and knee replacement devices, today announced that the ReCerf® Hip Resurfacing Arthroplasty has become the world’s first all-ceramic hip resurfacing system to receive regulatory approval. Approval from the Therapeutic Goods Administration (TGA) in Australia marks a transformative moment for joint replacement technology and patient care.

“This is a monumental achievement not only for MatOrtho but for the field of orthopaedic surgery,” said Oriol Millet-Lopez, Interim CEO at MatOrtho. “ReCerf represents the culmination of years of innovation and dedication to improving patient outcomes. TGA approval underscores the system’s proven early performance and potential to redefine hip replacement globally.”

Exceptional Clinical Outcomes

The ReCerf Hip Resurfacing System has been delivering exceptional outcomes for patients since September 2018. With over 1,200 patients having received the device, fewer have required further operation than usually anticipated with traditional hip replacement and preexisting hip resurfacing devices at this timepoint1. Both male and female patients, many who are relatively young and engage in high-level sports, are returning to their active lives without limitations1. In this year’s Annual Report, the Australian Orthopaedic Association National Joint Replacement Registry (AOANJRR) has reported ReCerf to have a revision rate of just 0.3% (95% confidence intervals 0.0% to 2.1%) at three years2.

A World-First Achievement with Global Implications

TGA approval for ReCerf marks the first regulatory authorisation of its kind globally, setting the stage for further advancements in hip resurfacing technology. MatOrtho continues to work with the Australia Prosthesis List Advisory Committee (PLAC) to have ReCerf included on the next prosthesis list. They are also actively engaged in regulatory approvals in other key markets, to bring the benefits of Ceramic-on-Ceramic Hip Resurfacing with ReCerf to many more patients with the appropriate indications.

Mike Tuke, Founder of MatOrtho (formerly Finsbury), added: “ReCerf’s all-ceramic ‘delta’ composition avoids concerns over metal implants, offering a safe and effective alternative to patients who can maintain more of their native hip and potentially avoid needing a conventional stemmed total hip replacement at all. ReCerf is highly attractive to surgeons specialising in the demanding hip resurfacing operative technique. Both surgeons and patients can pursue this with confidence, knowing it comes from the company recognised as the home of modern hip resurfacing.”

Looking Ahead

ReCerf is the result of over a decade of research and development by MatOrtho Ltd., combining clinical insights with advanced materials. Its approval signifies a turning point in the industry to provide surgeons and their patients a commitment to the very best long-term patient-centred care.

For more information about the ReCerf Hip Resurfacing System and MatOrtho’s commitment to orthopaedic innovation, please visit www.recerf.com.

Media Contact:
Name: Dr Michael Watson PhD MCIM
Title: Senior Product Manager
Company: MatOrtho
Contact Tel: 01372 224200
Email: ReCerf@MatOrtho.com

Website: www.MatOrtho.com

About MatOrtho:

MatOrtho is a global leader in orthopaedic innovation, dedicated to advancing hip and knee joint replacement technologies that improve patient outcomes and set new industry benchmarks. With a commitment to clinical excellence and patient care, MatOrtho continues to revolutionise the future of orthopaedic solutions worldwide.

References:

1.  MatOrtho Limited. Data on file 01 December 2024.
2.  Lewis PL et al. Hip, Knee and Shoulder Arthroplasty: 2024 Annual Report, Australian Orthopaedic Association National Joint Replacement Registry, AOA: Adelaide, South Australia. 2024.

Logo – https://mma.prnewswire.com/media/2570792/MatOrtho_logo.jpg

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SOURCE MatOrtho

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2026 Canton Fair Design Award Winners Showcase China’s Innovation Strength

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GUANGZHOU, China, Oct. 19, 2026 /PRNewswire/ — As the 140th Canton Fair opens, the winners of the 2026 Canton Fair Design Award (CF Award) have also been announced. Winning products are now on display in Area D of the Canton Fair Complex, offering visitors a closer look at some of the latest advances in Chinese manufacturing and industrial design.

Among this year’s top honorees, a domestically developed high-performance sport motorcycle and an intelligent navigation capsule robot gastric endoscopy system received the Best of the Best Award, the competition’s highest recognition.

The Canton Fair also enhanced the visitor experience with a themed showcase area within the award exhibition. Built around four application-oriented concepts, namely Outdoor Pleasure, Smart Living, Cozy Home and Kitchen Elegance, the immersive displays demonstrate how innovative designs can be integrated into everyday life, helping visitors better understand the practical value behind these award-winning products.

This year, 4,218 products from 2,112 companies competed for the award. Following multiple rounds of evaluation, 222 products from 174 companies were selected.

The award-winning products reflect several key trends shaping the next stage of Chinese manufacturing. Innovation remains a defining theme, with breakthrough technologies ranging from upper limb motor function assistance and enhancement system to exoskeleton robots, underscoring the growing momentum of high-end manufacturing.

Meanwhile, intelligent technologies continue to gain traction across industries. Smart products account for more than 30% of this year’s winners, with AI-powered glasses, intelligent conference terminals and smart healthcare devices extending AI applications across home, office, medical and outdoor environments.

Sustainability is also becoming increasingly embedded throughout the product lifecycle. Green products represent over 40% of the winning entries, while innovations such as integrated energy-saving panels and sugarcane paper demonstrate how environmentally conscious practices are being incorporated into product design, materials selection and manufacturing processes.

Established in 2013, the Canton Fair Design Award is widely regarded as a benchmark for design innovation in China’s foreign trade sector. The award recognizes products that combine design excellence with commercial value, promoting the transformation and upgrading of Chinese manufacturing and supporting high-quality trade development. Entries are evaluated across five dimensions: innovation, quality, functionality, aesthetics and sustainability.

For more convenient attendance, please click here for pre-registration:
https://buyer.cantonfair.org.cn/register/buyer/email?source_type=16

 

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SOURCE Canton Fair

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InstaMall Launches Same-Day Fashion Delivery Experience, Bringing 80+ Brands to Shoppers’ Doors in Miami

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First-of-its-kind shopping app pairs artificial intelligence with same-day delivery, bringing luxury
and contemporary brands directly to customers’ doorsteps 

Featured luxury and contemporary brands include AllSaints, John Varvatos and Aritzia

MIAMI, Oct. 19, 2026 /PRNewswire/ — InstaMall, a first-of-its-kind shopping app offering same-day delivery and access to real-time inventory across luxury and contemporary fashion, launches today in Miami, Florida. Now available via iOS and Android, InstaMall provides access to more than 80 contemporary and luxury fashion brands across Miami’s five premier retail clusters, including Balmain, Louis Vuitton, Bottega Veneta, Ganni, Coach, Diesel, Reformation, Aritzia, Cult Gaia, Prada and more. InstaMall will add more brands within the app in the coming weeks and seasons. 

Sitting at the intersection of fashion, technology and commerce, InstaMall brings inspiration and purchase together through a more dynamic way to discover and shop for fashion. The experience combines access to luxury and contemporary brands with the convenience of same-day delivery, bringing the speed customers have come to expect across categories like food and groceries to fashion while maintaining the brand experience retailers and shoppers expect.

Within the app, customers will have access to InstaMall’s AI-powered stylist and virtual try-on features, making it easier to browse, discover and shop styles online. InstaMall’s AI Stylist serves as an intelligent shopping assistant that responds to customers’ preferences in real time. Customers can use the AI Stylist to receive product recommendations, build outfits, ask questions and discover new styles, while its virtual try-on feature allows them to visualize select items on themselves before making a purchase.

“InstaMall was founded on the belief that the convenience customers have come to expect from same-day delivery should extend to the way they shop for fashion,” said Elliot Aboud, Founder and CEO of InstaMall. “As fashion and technology continue to evolve together, we saw an opportunity to create a more seamless shopping experience that brings customers closer to the brands they love, combining a curated assortment, AI-powered styling and virtual try-on with the ease and convenience of same-day delivery.”

Prior to founding InstaMall, Elliot Aboud helped build the Aroma360 and Hotel Collection brands, overseeing the launch of the first retail store and expanding the retail footprint to more than 30 stores across the United States and two in Dubai. InstaMall is bringing fashion and luxury to the next generation with its seamless shopping experience and wide selection of brands.

Customers can download InstaMall through the Apple App Store or Google Play, or by going to instamall.co.

About InstaMall 

InstaMall is a same-day fashion shopping and discovery app reimagining how consumers shop for luxury and contemporary brands. Sitting at the intersection of fashion, technology and commerce, InstaMall brings inspiration and purchase together in an experience that gives consumers a more dynamic way to discover and shop. Where on-demand delivery has long existed for categories like food and groceries, InstaMall brings that same convenience to luxury fashion for the first time, delivering the same day without compromising the brand experience fashion retailers and their customers expect. The company launched publicly in Miami on October 16, 2026, and plans to expand nationally. For more information, please visit instamall.co.

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SOURCE InstaMall

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PTC to Announce Fourth Fiscal Quarter and Full Year 2026 Results on Wednesday, November 4, 2026

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BOSTON, Oct. 19, 2026 /PRNewswire/ — PTC (NASDAQ: PTC) will release its fiscal 2026 fourth quarter and full year results on Wednesday, November 4th after the stock market closes. As previously announced on October 5th, 2026, PTC entered into a definitive agreement to be acquired by Schneider Electric. In light of the pending transaction, PTC is suspending quarterly earnings conference calls and is no longer providing quarterly or annual guidance.

The earnings press release and accompanying financial data tables will be accessible on the Investor Relations section of the company’s website at PTC Investor Relations.

About

PTC (NASDAQ: PTC) is a global software company that enables manufacturers and product companies to digitally transform how they design, manufacture, and service the physical products the world relies on. Headquartered in Boston, Massachusetts, PTC employs over 7,000 people and supports more than 30,000 customers globally. For more information, please visit www.ptc.com.

Investors

Michael Maguire
mmaguire@ptc.com
investor@ptc.com

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SOURCE PTC Inc.

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