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Spinal Concepts Inc.

Orthopedic Implants. Spinal Concepts hopes to offer a complete line of spinal implant products, with an internally-developed posterior lower back fixation device which simplifies in-wound assembly, an interbody fusion cage which can be adjusted after implantation with multiple degrees of freedom and an on-the-market product for small bone fixation which may potentially be used for posterior cervical fixation.

Over the last several years, the market for spinal implants has come into its own. Sales in the US alone in 1995 exceeded $200 million, as growth of the procedures has been driven by an increase in the number of surgeons specializing in spine surgery and a commensurate increase in the number of spinal fusions performed; the development of good clinical data which has fueled market acceptance of the procedure; and a notable lack of other technologies and approaches to reduce lower back pain and stabilize degenerative and traumatized spinal segments.

Yet this tremendous opportunity has, for product companies, had its downside. Given the highly invasive nature of the product and...

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