Trinity Orthopedics Today Announced the Acquisition of Expanding Concepts LLC’s Patent Portfolio (OrthoSpineNews)
website... http://trinity-ortho.com/
Trinity Orthopedics, a spine technology company, today announced the acquisition of Expanding Concepts LLC’s patent portfolio. This is an essential step in completing the development of an expandable interbody technology offering.
The US Market for Spinal Implants expects the interbody fusion market to remain in the low single digits through 2019. The expandable sub-segment will see CAGRs approaching 30%. This surge in demand is largely attributed to the benefits of minimizing complications due to larger surgical sites and over distraction of involved nerves. In addition, time in the operating room and reducing postoperative pain for patients is sited as major contributors.
James F. Marino, M.D., CEO and founder of Trinity Orthopedics stated “we believe we have a very strong proprietary position in this area of intense industry interest.” As the former founder of NuVasive, Inc. (NASDAQ: NUVA), Dr Marino continues to pursue technology that assist in restoring and maintaining the natural biomechanics of the spine while ultimately...
