Posterior dynamic stabilization systems for use in spine surgery can be roughly divided into interspinous fixation devices and transpedicular fixation devices. Both categories include some devices that have been on the market (sometimes only in the EU) for some time, as well as new devices either still under development or under clinical testing in the US. [...]
Xconomy Boston reported today that Innovative Spinal Technologies of Mansfield, MA, has closed its doors following an unsuccessful bid to be acquired by Biomet Spine. The company previously secured roughly $75 million in venture capital funding since its inception in 2002. IST had been working on the AXIENT™ Dynamic Fixation system and the PARAMOUNT™ Lumbar Fusion [...]
Spinal fusion is still considered the gold standard for treatment of LBP due to DDD, but it may not hold that title for much longer. Holding spinal fusion as the optimal treatment was based on the assumption that a degenerated spinal segment is either unstable or moves outside of the normal range of motion. Both [...]
The spinal surgery industry has been around for several decades, but during the last few years new products and technologies have been introduced at a more rapid rate than has been seen for many years. See exhibit below (from MedMarket Diligence report #M510) illustrating the recent burst in new company formation focused on spine surgery. [...]
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