NeuroTherm Buys ArthroCare Devices (press release)
Arthrocare has reportedly divested its Parallax and Contour product lines used in interventional spine surgeries to leading pain management products maker NeuroTherm, Inc. The Parallax products are used in a number of orthopedic procedures, including treatments for vertebral compression fractures (“VCF”), while Contour has been designed for vertebral body void (or space) creation.
VCF is a condition characterized by the collapse of the vertebral bone. It may occur due to trauma or a weakened vertebra in patients with osteoporosis or metastatic cancer.
Massachusetts-based NeuroTherm is a leading provider of radio frequency generators and related disposables used in chronic pain management. The company markets its products to interventional pain, interventional radiology, orthopedic and foot and ankle specialists globally.
The acquisition of the Parallax and Contour products fits well with NeuroTherm’s expertise in interventional pain management and is highly complementary to its existing product range. It enables the company to expand its customer base into the fast-growing and lucrative VCF treatment market. The acquisiti...
