# Osteonic completes KRW 5 billion expansion of metal implant production line

Osteonic, a South Korean orthopedic implant company, completed a KRW 5 billion expansion of its metal implant production line. The new automated line can produce 1.25 million units per year of CMF, trauma, and spine implants, and will begin operation at the end of September 2023.

- Type: Expansion
- Announced: 2023-09-18
- Where: South Korea, South Korea
- Value: $3.75M (5.00B KRW)
- Starts operating: Sep 2023
- Status: completed
- Capacity: 1.25 million implants per year
- Products: CMF implants, trauma implants, spine implants
- Sectors: [Medical Devices](https://endata.com/sectors/medical-devices.md)

## Companies

- [OSTEONIC](https://endata.com/companies/15619.md)

## Sources

- [pharmnews.com](https://www.pharmnews.com/news/articleView.html?idxno=230767), 2023-09-18: "오스테오닉이 올해 초부터 약 50억원을 투입해 진행한 신규 공장 증설을 완료했다고 18일 밝혔다."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.