Company overview
Forma Medical is a privately held orthopedic-device company founded in 2021. Its current office is in Hummelstown, Pennsylvania, and its co-founder Andrew C. Davison serves as chairman, president and CEO. Its commercial model combines implants, instruments and surgeon education for minimally invasive forefoot procedures.
The portfolio includes OptimalMTP for first-MTP joint fusion, OptimalTMT for Lapidus/TMT fusion, OptimalAkin for Akin osteotomy and OptimalHT for hammertoe correction. Two FDA 510(k) decisions cover the Optimal Plating System and headless compression screws; these are device-family authorizations, not four separate branded-procedure clearances.
In January 2026, Forma announced a sharper focus on OptimalMTP and reported use in more than 650 patients. Ben Franklin Technology Partners confirms investment and business support, but a verified total funding amount and annual revenue remain unconfirmed. Published technique literature and general biomechanical evidence do not establish comparative clinical superiority of the full commercial procedure.
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Activity & Milestones
6 events2026-01-29 ยท StrategyOptimalMTP focus and board appointment announced
Company prioritized OptimalMTP, reported over 650 treated patients, announced methods patent 12,521,157 and appointed Aaron Smith. Patient count is company-reported use, not an independently audited efficacy outcome. [20]
2025-03-18 ยท CommercialOptimalTMT limited release announced
Company expanded its MIS portfolio with a Lapidus plating offering. [19]
2024-06-26 ยท RegulatoryOptimal Plating System cleared
FDA issued K234059; company announcement followed July 9. [16]
2024 ยท CommercialBroader OptimalMTP commercialization announced
Company reported completion of its initial 15-patient limited release and transition to broader commercialization. [18]
2023-07-18 ยท RegulatoryHeadless compression screws cleared
FDA issued K230945. [15]
2021 ยท CompanyForma founded
LinkedIn company profile identifies 2021 as founding year. [25]