Healthcare Industry News: Spinal Fixation
News Release - March 8, 2010
X-spine Announces Exclusive License with Gamma Spine for Minimally-Invasive Spinal Technology
MIAMISBURG, Ohio--(HSMN NewsFeed)--X-spine Systems, Inc., a global manufacturer of implants and instruments for spinal surgery, announced today that it has entered into an exclusive license agreement with Gamma Spine for the development and distribution of its minimally invasive Spinal Fixation technology. Gamma Spine, founded by Dr. Vijay Goel, Ph.D., will participate in the development process with X-spine. “I am thrilled be working with Dr. Goel, who is one of the world’s most renowned and published experts in spinal biomechanics, to develop this unique and valuable technology,” stated Dr. David Kirschman, President and CEO of X-spine. The patent-pending device allows for the fixation of adjacent vertebral segments with minimal tissue disruption while attaining the biomechanical advantages of a traditional full-exposure system.“X-spine is the ideal partner to bring this technology to the worldwide marketplace; the company has an excellent track record of bringing innovative technology to fruition through its top-down emphasis on engineering, research, and development,” stated Dr. Goel. In addition to his duties as principal of Gamma Spine, Dr. Goel is the Endowed Chair & McMaster-Gardner Professor of Orthopaedic Bioengineering at the University of Toledo, Ohio.
By entering into this license agreement, X-spine furthers its strategy to address the continuing market trend towards smaller, cost-effective procedures in spinal surgery. “Surgeons are demanding procedure options which are less invasive for patients, less costly for payers, but maintain the ease, safety and efficacy of traditional full-exposure procedures,” states Dr. Kirschman. “We feel that the Gamma technology effectively addresses that demand.”
About X-spine Systems, Inc
Based in Ohio, privately-held X-spine (www.x-spine.com) manufactures and markets implants and instrumentation worldwide for the treatment of a wide range of spinal pathologies. X-spine is an emerging leader in the design and development of novel technologies for the benefit of spinal patients and practitioners.
About Gamma Spine
Based in Toledo, Ohio, Gamma Spine, founded by Vijay Goel, Ph.D., is a developer of proprietary technologies based upon the advanced analysis of spinal biomechanics.
Source: X-spine Systems
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