Vertos Medical raises $28m for Mild spine treatment
Vertos Medical said yesterday that it closed a $28 million financing round for its Mild treatment for lumbar spinal stenosis.
The round was led by new investor MVM Life Science Partners, joined by prior backers Leerink Revelation Partners, Pitango Venture Capital, ONSET Ventures and Aweida Venture Partners. MVM partner Hugo Harrod is joining the Vertos board as part of the transaction, according to a press release.
Aliso Viojo, Calif.-based Vertos said it plans to use the proceeds to expand the commercial footprint for Mild, a minimally invasive procedure the company says requires no stitches, general anesthesia, implan...
Source: Mass Device - June 13, 2017 Category: Medical Devices Authors: Brad Perriello Tags: Funding Roundup Orthopedics Spinal Wall Street Beat Vertos Medical Source Type: news
Vertos Medical Secures $28 Million In Latest Round Of Funding
Proceeds Will Be Used to Expand Access to Safe, Clinically Proven Solution for Millions Suffering from Lumbar Spinal Stenosis
ALISO VIEJO, Calif., June 12, 2017 -- (Healthcare Sales & Marketing Network) -- Vertos Medical Inc., a leader in the minimally... Devices, Orthopaedic, Neurosurgery, Venture Capital Vertos Medical, lumbar spinal stenosis (Source: HSMN NewsFeed)
Source: HSMN NewsFeed - June 12, 2017 Category: Pharmaceuticals Source Type: news
Lumbar Spinal Stenosis: How Is It Classified? Lumbar Spinal Stenosis: How Is It Classified?
A unified classification system for lumbar spinal stenosis is needed to help guide appropriate treatment for the condition.Journal of the American Academy of Orthopaedic Surgeons (Source: Medscape Today Headlines)
Source: Medscape Today Headlines - May 24, 2017 Category: Consumer Health News Tags: Orthopaedics Journal Article Source Type: news
Vertiflex raises $25m
Vertiflex has raised $25.3 million in a new round equity financing, according to an SEC filing released this week.
Money in the round came from 8 unnamed investors, and Vertiflex has not yet said how it plans to spend funds raised so far. he company is looking to raise an additional $15 million before closing the round, with the 1st sale recorded on March 6.
Approximately $10 million of the funds raised are new money, while $15.3 million come from conversion of debt, according to the SEC filing.
Earlier this month, Vertiflex said it closed a $40 million round of financing to support its Superion indirect decompression syst...
Source: Mass Device - March 13, 2017 Category: Medical Equipment Authors: Fink Densford Tags: Business/Financial News Spinal VertiFlex Inc. Source Type: news
MassDevice.com +5 | The top 5 medtech stories for March 8, 2017
Say hello to MassDevice +5, a bite-sized view of the top five medtech stories of the day. This feature of MassDevice.com’s coverage highlights our 5 biggest and most influential stories from the day’s news to make sure you’re up to date on the headlines that continue to shape the medical device industry.
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5. Court clears Caldera’s $12.3m transvaginal mesh settlement
A California federal judge last week approved a $12.3 million deal to settle a number of insurance claims over injuries allegedly caused by Caldera Medical’s transv...
Source: Mass Device - March 8, 2017 Category: Medical Equipment Authors: MassDevice Tags: News Well Plus 5 Source Type: news
VertiFlex closes $40m round to support expanded Superion commercialization
VertiFlex said today it closed a $40 million round of financing to support its Superion indirect decompression system designed to treat moderate lumbar spinal stenosis.
The round was led by newly invested Endeavour Vision and H.I.G. BioHealth Partners, and was joined by existing investors New Enterprise Associates, Thomas, McNerney & Parnters and Alta Partners.
“Vertiflex has seen tremendous early success in the commercialization of the Superion System. With favorable long-term clinical outcomes, a new Category I AMA CPT code and broad reimbursement in place, adoption of Superion has continued at a rapid and stea...
Source: Mass Device - March 8, 2017 Category: Medical Equipment Authors: Fink Densford Tags: Business/Financial News Spinal VertiFlex Inc. Source Type: news
MassDevice.com +5 | The top 5 medtech stories for March 7, 2017
Say hello to MassDevice +5, a bite-sized view of the top five medtech stories of the day. This feature of MassDevice.com’s coverage highlights our 5 biggest and most influential stories from the day’s news to make sure you’re up to date on the headlines that continue to shape the medical device industry.
Get this in your inbox everyday by subscribing to our newsletters.
5. Vertos Medical wins CMS reimbursement for Mild procedure
Vertos Medical said today it won national coverage for its Mild procedure designed to treat lumbar spinal stenosis from the Centers for Medicare & Medicaid Services.
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Source: Mass Device - March 7, 2017 Category: Medical Equipment Authors: MassDevice Tags: Blog News Well Plus 5 Source Type: news
Vertos Medical wins CMS reimbursement for Mild procedure
Vertos Medical said today it won national coverage for its Mild procedure designed to treat lumbar spinal stenosis from the Centers for Medicare & Medicaid Services.
The Mild procedure won coverage through a recently approved study as part of CMS’ Coverage with Evidence Development Program, the Aliso Viejo, Calif.-cased company said.
Access to the procedure was granted via a CMS-approved claims-analysis study which will passively collect and analyze real-world data on the procedure.
“Patient and physician demand for the Mild procedure has grown a great deal, and I’m excited to hear that my patients a...
Source: Mass Device - March 7, 2017 Category: Medical Equipment Authors: Fink Densford Tags: Business/Financial News Spinal Vertos Medical Source Type: news
Premier Pain and Spine is Now Offering a Revolutionary Outpatient...
Top Chicago pain management center, Premier Pain and Spine, is now offering the Superion indirect decompression system for lumbar spinal stenosis. The procedure is performed by the expert, Board...(PRWeb January 16, 2017)Read the full story at http://www.prweb.com/releases/premier-pain-spine/chicago-illinois/prweb13982542.htm (Source: PRWeb: Medical Pharmaceuticals)
Source: PRWeb: Medical Pharmaceuticals - January 16, 2017 Category: Pharmaceuticals Source Type: news
Surgery for Lumbar Spinal Stenosis in Those Aged 80 or Older Surgery for Lumbar Spinal Stenosis in Those Aged 80 or Older
There may be reluctance to performing surgery for lumbar spinal stenosis in patients over 80, but this study demonstrates that they can experience improvement similar to that of younger patients.Journal of the American Geriatrics Society (Source: Medscape Today Headlines)
Source: Medscape Today Headlines - November 28, 2016 Category: Consumer Health News Tags: General Surgery Journal Article Source Type: news
IPD Reoperation Rates Still Hamper Benefit in Spinal StenosisIPD Reoperation Rates Still Hamper Benefit in Spinal Stenosis
The latest randomized trial again shows similar outcomes to surgery with a percutaneous interspinous process device in patients with lumbar spinal stenosis, but with increased reintervention. Medscape Medical News (Source: Medscape Neurology and Neurosurgery Headlines)
Source: Medscape Neurology and Neurosurgery Headlines - May 10, 2016 Category: Neurology Tags: Neurology & Neurosurgery News Source Type: news
Fusion Adds Little to Laminectomy for Lumbar Stenosis Fusion Adds Little to Laminectomy for Lumbar Stenosis
Adding spinal fusion to decompression laminectomy did not improve outcomes for patients with lumbar spinal stenosis, even if they also had degenerative spondylolisthesis. Medscape Medical News (Source: Medscape Orthopaedics Headlines)
Source: Medscape Orthopaedics Headlines - April 14, 2016 Category: Orthopaedics Tags: Orthopaedics News Source Type: news
VertiFlex drums up $27m for spinal implants
VertiFlex reported raised nearly $27 million in an equity and options offering this month, according to a regulatory filing.
San Clemente, Calif.-based VertiFlex, which won pre-market approval from the FDA for its Superion interspinous spacer last May for treating moderate lumbar spinal stenosis, said the round consisted of $10.5 million in new cash, a $16.2 million debt conversion and another $105,000 in warrants. Eight unnamed investors participated, according to the filing.
The Superion device is designed to be implanted in the spine with a minimally invasive procedure to relieve spinal stenosis, a narrowing of the ...
Source: Mass Device - January 15, 2016 Category: Medical Equipment Authors: Brad Perriello Tags: Funding Roundup Orthopedics Spinal VertiFlex Inc. Source Type: news
The effects of aquatic walking and jogging program on physical function and fall efficacy in patients with degenerative lumbar spinal stenosis - Lee JH, Sung E.
The purpose of this study was to evaluate the effects of 12-week aqua walking and jogging program on muscle function, ankle range of motion (ROM), balance and fell efficacy in degenerative lumbar spinal stenosis (DLSS) patients. Six patients (2 males, 4 fe... (Source: SafetyLit: All (Unduplicated))
Source: SafetyLit: All (Unduplicated) - November 8, 2015 Category: Global & Universal Tags: Ergonomics, Human Factors, Anthropometrics, Physiology Source Type: news
Body Mass Index and Risk for Clinical Lumbar Spinal StenosisBody Mass Index and Risk for Clinical Lumbar Spinal Stenosis
Is obesity associated with a higher risk of developing lumbar spinal stenosis? A new study looks at the role BMI may play in the development of this condition. Spine (Source: Medscape Today Headlines)
Source: Medscape Today Headlines - October 2, 2015 Category: Consumer Health News Tags: Orthopaedics Journal Article Source Type: news
