FinancialSpine

Life Spine Announces Continued Revenue Growth of SIMPACT® Sacroiliac Fixation System

April 30, 2019 

HUNTLEY, Ill.–(BUSINESS WIRE)–Life Spine, a medical device company that designs, develops, manufactures and markets products for the surgical treatment of spinal disorders, announced today that they exited Q1 of 2019 at a month-over-month sales growth rate of 73% in 2019 for the SIMPACT Sacroiliac Joint Fixation system.

“Sacroiliac Joint dysfunction is a debilitating condition and I wanted a solution that would help my patients to increase their quality of life as quickly and safely as possible,” said Dr. Ali Mesiwala of the Southern California Center for Neuroscience and Spine. “The SIMPACT system helps me to achieve that goal with an implant design that saves the patient from drilling, tapping or malleting an implant into place as has been done in earlier procedures. Additionally, the system offers intuitive instrumentation that helps to reduce my operating time which can in turn decrease recovery time. Since introducing the system into my practice, my patients have had outstanding results, so it is no surprise to me that there have been such rapid adoption rates.”

About Life Spine

Life Spine is dedicated to improving the quality of life for spinal patients by increasing procedural efficiency and efficacy through innovative design, uncompromising quality standards, and the most technologically advanced manufacturing platforms. Life Spine, which is privately held, is based in Huntley, Illinois. For more information, please visit: http://www.lifespine.com.

Contacts

Mr. Omar Faruqi
Chief Financial Officer
ofaruqi@lifespine.com
847-884-6117

Chris J. Stewart

Chris currently serves as President and CEO of Surgio Health. Chris has close to 20 years of healthcare management experience, with an infinity to improve healthcare delivery through the development and implementation of innovative solutions that result in improved efficiencies, reduction of unnecessary financial & clinical variation, and help achieve better patient outcomes. Previously, Chris was assistant vice president and business unit leader for HPG/HCA. He has presented at numerous healthcare forums on topics that include disruptive innovation, physician engagement, shifting reimbursement models, cost per clinical episode and the future of supply chain delivery.

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