SHELTON, CT–(Marketwired – July 11, 2016) – Spine Wave, Inc. is committed to the commercialization of high-quality, innovative medical devices for the treatment of spinal disorders. Spine Wave’s commitment was demonstrated by its previously announced acquisition of rights in the True Position® Pivoting Spacer System from Atlas Spine on February 23, 2016. Since then, Spine Wave has executed a successful limited market release of the device and produced inventories to support its full commercial launch. Spine Wave now announces the full commercial launch of the True Position® Pivoting Spacer System in the United States.
The True Position® Pivoting Spacer System is a pivoting “crescent-style” interbody fusion device that is implanted with the widely used TLIF technique. Its patented Center Pivot Point Technology provides a powerful and controlled mechanical advantage, allowing the surgeon to more easily and accurately insert and then position the interbody spacer. This capability is especially useful for surgeons implanting “crescent” type devices with posterior approaches as an important part of their effort to restore sagittal balance. Additionally, the True Position® Pivoting Spacer System can be implanted using minimally invasive techniques. This innovative platform also includes the True Position® XL implant, a device designed for posterior procedures but with an implant “footprint” more comparable to that of lateral and anterior devices.
“We were very pleased with the feedback from clinicians during the limited release and we are excited to now be in a position to fully launch and support the technology,” said Mark LoGuidice, Spine Wave’s Chief Executive Officer. “The commercial launch of the True Position®Pivoting Spacer System significantly strengthens our broadening line of unique and proprietary spinal implant solutions and represents the first of several major product launches Spine Wave expects to deliver over the next twelve to eighteen months.”
Evalina Burger, M.D., Professor and Vice Chair of Orthopedics at the University of Colorado Hospital in Aurora Colorado said, “As a deformity surgeon, the restoration of sagittal balance is always a primary clinical objective. Placing a crescent shaped spacer in the far anterior column can be an important part of a comprehensive surgical strategy designed to improve sagittal balance. In my experience, the powerful True Position®Pivoting Spacer System makes accurate placement of the implant easier and more reproducible. This device has been an important addition to my armamentarium.”
About Spine Wave
Spine Wave’s product portfolio features many highly differentiated technologies including the StaXx® IB Expandable Interbody Device and the StaXx® XD Expandable Device, which has a seven year proven track record in posterior surgery. The Leva® Interbody Device is an expandable titanium implant that is optimized for ease of insertion and for maximum post expansion bone graft capability. The StaXx® IBL Expandable Interbody Device, the Abacus® Lateral Spacer System and the XLR® II Lateral Access System represent Spine Wave’s offering for the lateral surgical approach. In addition to the expandable spacer technologies, the Sniper® Spine System has developed a reputation as a leading MIS screw system and is now complemented with its Sniper® Spine System XT® extended tab screws and the the Annex® Adjacent Level System. Spine Wave provides the simple yet versatile CapSure® PS3 Spine System which is proving to be a high quality, user friendly, traditional screw system. Spine Wave is dedicated to continuously delivering a robust and highly differentiated product pipeline, with a strong emphasis on minimally invasive solutions that will meet and exceed the expectations of our spine surgeon customers.
The Company is growing rapidly and continues to recruit new sales managers and independent distributors to fuel the growth. For further information on all of the Spine Wave products please visit the Company’s website at www.SpineWave.com.
CONTACT INFORMATION
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Contact:
Terry Brennan
Chief Financial Officer
Email contact
203-712-1810
