Healthcare Industry News: compression fracture
News Release - September 26, 2006
Medtronic to Aid Treatment of Older Adults Through Aging Spine Care ProgramMEMPHIS, Tenn.--(HSMN NewsFeed)--Medtronic, Inc. (NYSE:MDT ) announced today a comprehensive program aimed at facilitating spinal care for older adults. The program, encompassing the development of new technologies and sponsorship of research and education initiatives, acknowledges the growing global population and unique care needs of patients in the so-called "aging spine" segment. As part of this Aging Spine Care effort, Medtronic will feature certain new treatments through display at the 2006 North American Spine Society (NASS) meeting in Seattle, September 26 - 29. Medtronic will also sponsor a surgeon education course entitled "Management of Osteoporotic Spinal Deformity" during the meeting.
In the United States alone, it is estimated that more than 11.5 million older adults have degenerative spinal conditions, including stenosis, spondylolisthesis, kyphosis, and scoliosis. Surgery may be the elected treatment option for some of these individuals; indeed, more than 50,000 underwent spinal fusion therapy in 2005. Care requirements for patients are in some cases influenced by other health factors, such as softer bone (i.e., osteopenia or osteoporosis), cardiovascular disease and frailty.
Medtronic's Aging Spine Care platform will provide surgeons with advanced treatments for older adults seeking a return to more active and fulfilling lifestyles. New technologies will offer capabilities enabling or addressing:
- Sustained fixation and decompression.
- Reduced invasiveness (through Minimal Access Spinal Technology (MAST(TM)) and Interventional Spine treatments).
- Adjacent level health.
CD HORIZONŽ LEGACY(TM) PEEK Rod System, a semi-rigid technology for reduced stress on the bone/screw interface.
- CRESCENT(TM) Instrument Set, a MAST(TM)-friendly system for insertion of implants more compatible with soft bone.
- TSRH-3DŽ PLUS MPA(TM) Spinal System, for highly controlled manipulation of the spine.
- MAST(TM) and Interventional Spine technologies, including the ARCUATE(TM) and ARCUATE(TM) XP Systems for patients with vertebral compression fractures.
Beyond technology development, Medtronic is also committed to continued support of research and medical education related to the aging spine. The surgeon education course, entitled Management of Osteoporotic Deformity, is the latest in an ongoing series of surgeon forums dedicated to discussion of techniques for optimal care of older adults.
"Given population segment growth, high prevalence of degenerative spinal disease and the expressed needs of surgeons and other caregivers, we are pleased to introduce the Aging Spine Care platform," said Peter Wehrly, senior vice president and president of the Spinal and Navigation businesses at Medtronic. "We look forward to bringing our customers new technologies and to helping further advance the standard of care for older adults."
About the Spinal Business at Medtronic
Medtronic's spinal business, based in Memphis, Tenn., is the global leader in today's spine market and is committed to advancing the treatment of spinal conditions. Medtronic's spinal business collaborates with world-renowned surgeons, researchers and innovative partners to offer state-of-the-art products and technologies for neurological, orthopedic and spinal conditions. Medtronic is committed to developing affordable, minimally invasive procedures that provide lifestyle friendly surgical therapies. More information about the company and its spinal treatments can be found at www.medtronicspinal.com and its patient-education Web sites, www.back.com, www.iscoliosis.com, www.maturespine.com and www.necksurgery.com.
Medtronic, Inc. (www.medtronic.com), headquartered in Minneapolis, is the global leader in medical technology - alleviating pain, restoring health, and extending life for millions of people around the world
Any forward-looking statements are subject to risks and uncertainties such as those described in Medtronic's Annual Report on Form 10-K for the year ended April 28, 2006. Actual results may differ materially from anticipated results.
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