CHESTERFIELD, Mo.–(BUSINESS WIRE)–lt;a href=”https://twitter.com/hashtag/acquisition?src=hash” target=”_blank”gt;#acquisitionlt;/agt;–SpineSource, Inc. has acquired the intellectual property assets of two
spinal implant systems from Kisco International (France). The
acquisition includes the L-VARLOCK® Expandable Lumbar Cage
which SpineSource has marketed, sold and distributed in the United
States since 2016. The acquisition also includes other unique medical
devices that SpineSource plans to submit to FDA for potential clearance
later this year.
With the use of supplemental fixation, the L-VARLOCK®
Expandable Lumbar Cage provides spine surgeons an interbody fusion
device which can be expanded from any range of zero to 24.5° of angle,
and from zero to 7.1 mm of expansion within the disc space.
“Since SpineSource re-introduced the Ulrich Medical (Germany) expandable
VBR into the United States in 2004, up to the introduction of PEEK
expandable and articulating interbody devices from AMT (Germany) in 2009
and through today, we have always been a responsible and successful
FDA-registered initial importer and exclusive U.S. distributor,” said
Tom Mitchell, Founder and President/CEO of SpineSource. “I am looking
forward now to the challenge and satisfaction of having our own products
where we own sole control and decision-making on quality, safety,
performance and marketability, all based right here in America.”
SpineSource was founded in 2004, becoming the exclusive distributor for
Ulrich Medical GmbH and then was a founder of Ulrich Medical USA in
2007. In 2008, SpineSource launched expandable PEEK and articulating
interbody fusion devices from Advanced Medical Technologies, AG which
was acquired by Medtronic in 2012.
The Mission of SpineSource is to provide the highest level of quality
products and service based upon clinical and industry expertise and
ethics while delivering intelligent technology promoting the well-being
of patients with spinal disorders.