Zombie spine company of the week.

Congrats to Spineway !
Spineway was founded in 2005 in Lyon France.  Spineway is typical of hundreds of “me-too” spine companies that have no chance of success, ever. They have no financial leverage left. They cannot go public again. My guess is that this was an idea for better spine products at one time that never turned into a viable business.
Spineway’s just issued 2023 financials show that they sold $11M in gross revenue annually, in their 19th year of existence. But posted a loss of ($7M), so it costs them $18M in expenses to generate $11M in sales.

Seriously, you and I could do bett...


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