TranS1 update – some good news and some bad news

Trans1’s Clearance, Paper Approvals and Guidance (OTW)

Good news and bad news for for TranS1:

+ New 510(k) clearance for its next-generation AxiaLIF 1L

+ Released two clinical papers highlighting the efficacy and safety of the AxiaLIF spinal fusion procedure have been approved for publication in leading spine peer-reviewed journals.

– Lowered Q1 guidance by $1.2M due to “general spine market conditions and ongoing AxiaLIF physician reimbursement pressure.”

 

 

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