Osteopore Ltd Wins Neurosurgery Approval at Major Bangkok Teaching Hospital

By Josua Ferreira -

Osteopore wins neurosurgery product approval at a major Bangkok teaching hospital

Osteopore (ASX: OSX) has secured approval for its neurosurgery products at Thammasat University Hospital (TUH), a major medical centre in Bangkok, Thailand. The milestone opens a leading academic hospital to the Company’s regenerative implant technology.

The development follows the appointment of Peakmed Co., Ltd (Peakmed) as Osteopore’s exclusive distributor in Thailand, announced on 6 May 2025.

Osteopore is an Australian-Singaporean regenerative medicine company described as a “global leader in 3D-printed biomimetic and bioresorbable implants.” For investors, hospital approval is the gateway to clinical adoption and ongoing product use within an institution’s surgical workflows.

No revenue or order value has been disclosed in connection with this approval.

Why Thammasat University Hospital matters

TUH is a high-level tertiary care hospital and referral centre serving Pathum Thani, Bangkok and the wider central region of Thailand. Its scale and accreditation establish the significance of this access point.

Key credentials of the hospital include:

  • A high-level tertiary care hospital and referral centre serving Pathum Thani, Bangkok and central Thailand

  • Established by royal decree and granted Advanced Healthcare Accreditation by Thailand’s Healthcare Accreditation Institute

  • Averages approximately 4,000 outpatient visits per day

  • Operates more than 800 inpatient beds, with capacity expanding toward 1,000 beds as it transitions into a “Super Tertiary University Hospital” and hub of specialised Centres of Excellence

  • Serves as the teaching hospital of Thammasat University’s Faculty of Medicine, training specialists across all major disciplines

  • Houses a dedicated neurosurgery division accredited by the Royal College of Neurological Surgeons of Thailand

Adoption within the Department of Surgery’s neurosurgery division was supported by Dr Vich Yindeedej, a Thammasat-trained neurosurgeon with international fellowships in epilepsy, functional and paediatric neurosurgery from Osaka Metropolitan University and Osaka City General Hospital, Japan.

This combination of institutional scale, clinical accreditation and specialist expertise provides a strong foundation for the broader adoption of Osteopore’s technology within one of Thailand’s leading academic medical centres.

Understanding Osteopore’s neurosurgery technology

Osteopore’s neurosurgical implants are described as one of the Company’s more mature product lines. They are focused on treating a range of brain surgeries where bone tissue is removed, such as burr hole and craniotomy procedures.

The technology centres on patented, 3D-printed, bioresorbable scaffolds. A bioresorbable scaffold is an implant made from a material that naturally dissolves in the body over time.

As the scaffold dissolves, it allows natural and healthy bone tissue to regenerate in its place. According to the Company, this significantly reduces the post-surgery complications commonly associated with permanent bone implants. Osteopore states that its 3D printing technology is “unique to Osteopore.”

For investors, a mature and differentiated product line is well positioned for adoption within established surgical procedures.

The Thailand market opportunity

Thailand’s craniomaxillofacial (CMF) market is a primary focus for Osteopore due to the significant number of neurosurgical procedures performed. Neurosurgery represents one segment within the broader CMF market.

The table below summarises key data points framing the market context.

Metric Figure Source / Period Relevance to Osteopore
Brain tumour patients admitted 93,810 NHSO data, 10 years (2005–2014) Indicates neurosurgical procedure volume
Medical device market trade value US$19.93 billion Thailand BOI, 2020 Scale of the addressable device market
Medical device import value US$5.99 billion Thailand BOI, 2020 Ranks second only to Singapore (US$9.94 billion)

Market context

Based on published data from Thailand’s National Health Security Office (NHSO), 93,810 brain tumour patients were admitted over the 10 years from 2005 to 2014.

These figures point to a substantial neurosurgical patient base and a medical device market that ranks among the largest in the region. For Osteopore, a sizeable and growing market provides a meaningful runway for its CMF-focused product lines.

Thailand Medical Device & Neurosurgery Market Context

What this means for investors and what’s next

The hospital approval follows the recent appointment of Peakmed and creates a foundation for broader adoption within one of Thailand’s leading academic medical centres. With a distributor in place and hospital approval secured, the pathway now points toward potential repeat clinical use within the institution.

Osteopore’s approach in Thailand mirrors the capital-efficient distributor model the Company applied in China, where a partnership with Majeton secured access to 13,500 hospitals without requiring an independent in-country salesforce.

No specific revenue targets or timelines have been disclosed for this approval, and the broader adoption of the technology remains subject to clinical uptake.

The Company is steadily building market access in Thailand, with a differentiated, mature product line now embedded in one of Thailand’s leading academic medical centres.

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Frequently Asked Questions

What is Osteopore's neurosurgery product and how does it work?

Osteopore's neurosurgical implants are patented, 3D-printed bioresorbable scaffolds that dissolve naturally in the body over time, allowing healthy bone tissue to regenerate in place — reducing the complications associated with permanent bone implants used in procedures like burr hole and craniotomy surgeries.

What does hospital approval mean for Osteopore's commercial prospects in Thailand?

Hospital approval at Thammasat University Hospital means Osteopore's products are now cleared for use within the institution's surgical workflows, creating the foundation for repeat clinical use and broader adoption across one of Thailand's leading academic medical centres.

Who is Peakmed and what role do they play in Osteopore's Thailand strategy?

Peakmed Co., Ltd is Osteopore's exclusive distributor in Thailand, appointed in May 2025, and is responsible for driving commercial access to Thai hospitals — allowing Osteopore to expand without building an independent in-country salesforce.

How significant is Thammasat University Hospital as a market entry point?

Thammasat University Hospital is a royal decree-established tertiary referral centre averaging 4,000 outpatient visits per day, operating over 800 inpatient beds, and housing a neurosurgery division accredited by the Royal College of Neurological Surgeons of Thailand — making it one of the most credentialed entry points in the Thai healthcare system.

Has Osteopore disclosed any revenue from the Thailand hospital approval?

No — Osteopore has not disclosed any revenue figures, order values, or specific financial targets in connection with the Thammasat University Hospital approval, and broader adoption remains subject to clinical uptake.

Josua Ferreira
By Josua Ferreira
Partnership Director
Josua Ferreira holds a Bachelor of Commerce in Marketing and Advertising and brings a background in publication, business development, and ASX market storytelling. He has worked with listed companies across the resource sector and broader market, combining sharp commercial instincts with a genuine commitment to keeping investors informed.
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