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2019 September 10

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Syntellix wins German Innovation Award in Gold

The winners of the German Innovation Award were honoured for the second time yesterday evening, 28 May 2019, at a festive gala in the Technology Museum in Berlin. More than 350 invited guests from business, politics and the media accepted the exclusive invitation. The Innovation Prize is awarded by the German Design Council, which was founded in 1953 on the initiative of the German Bundestag.

One of the winners of the evening was Syntellix AG. The medical technology company excelled with its magnesium implant MAGNEZIX® Pin and received the German Innovation Award in "Gold" in the category "Excellence in Business to Business - Medical Technologies".

MAGNEZIX® Pins - like Syntellix's entire range of products made from the innovative magnesium alloy MAGNEZIX® - have been developed to provide surgeons and patients with leading-edge implants with an unprecedented combination of metallic stability, degradability and biocompatibility. In recent publications on various clinical applications, MAGNEZIX® implants have been rated by physicians as advantageous and even clinically superior to conventional titanium implants.

"MAGNEZIX® Pin, a bioabsorbable metal implant based on magnesium, dissolves completely in the bone. This saves the patient the second operation, in which conventional metal implants are removed. MAGNEZIX® Pins, are absorbed by the body and converted into the body's own bone tissue. In this way, the healing process is even supported. Magnesium also has an anti-infective effect and is well tolerated. A quantum leap in implantology," stated the jury of the German Innovation Award.

With the German Innovation Award, the German Design Council honours forward-looking innovations that have a lasting effect and offer added value for the user. A total of 695 submissions were received, including entries from industry giants such as Samsung, Bosch, Deutsche Telekom and the Swiss ABB group, as well as from hidden champions and start-ups.

"The evaluation of the submitted innovations focuses on user centricity. It is the differentiating feature of the German Innovation Award," explains Andrej Kupetz, Managing Director of the German Design Council. The evaluation criteria of the German Innovation Award cover topics such as innovation level, user benefits and cost-effectiveness. The innovation strategy should consider aspects such as social, ecological, economic sustainability and the consumption of energy and resources. The winners were chosen by a top-class jury - including physicists, patent consultants, IT specialists, financing specialists, product designers, technology historians and marketers. "We thus guarantee an individual, neutral and professional evaluation," emphasises Kupetz.

"The German Innovation Award is a great honor and a great obligation for us," said Prof. Dr. Utz Claassen, CEO of Syntellix, on the evening of the award ceremony. "We see it as a further confirmation that our magnesium technology has the potential to replace conventional titanium, steel or polymer implants in the long term. But there is still a challenging way to go to ensure that patients all over the world can benefit from it - today's award will therefore be a further incentive for us to consistently continue and successfully complete our path for the benefit of patients around the globe".

 

About the German Design Council:

The German Innovation Award is initiated and implemented by the German Design Council, which was established by the German Bundestag in 1953 and donated by the Federation of German Industries (BDI). For 66 years now, the foundation has pursued the goal of promoting the competitiveness of German companies.

With its competitions, exhibitions, conferences, seminars and publications, it makes a decisive contribution to the transfer of knowledge about design, innovation and brands. More than 300 domestic and foreign companies with more than three million employees are currently members of the circle of founders of the German Design Council.

https://www.german-innovation-award.de/en/winners/preis/gewinner/magnezixr-pin/