Matrix Surgical USA, a manufacturer of craniomaxillofacial implants, announced on Tuesday the establishment of its first international wholly owned subsidiary under Matrix Surgical Holdings LLC in Brazil.

The company currently serves over 50 countries around the world through a distribution network. This latest move represents a key step in the company's strategy to serve the global healthcare market. It extends regulatory jurisdiction and enables the company to offer improved support to clinicians utilising its products in Brazil, Argentina, Bolivia, Chile, Paraguay and Uruguay.

Founder and CEO John O'Shaughnessy said: "The creation of our Brazilian subsidiary, our first outside the USA, represents a tremendous milestone for our young company. Matrix Surgical do Brasil will allow us to increase penetration for our implantable devices not only inside Brazil but also throughout the entire Southern Cone of South America by having inventory, personnel and other assets in the region. Furthermore, having a local presence allows us to work more closely with our distributor network and surgeon partners on enhancing medical education, product development, and bringing other innovative ideas to fruition."