Here are four takeaways:
1. The company develops and markets a pipeline of magnetically adjustable implant systems, including the MAGEC-EOS spinal bracing and distraction system and PRECICE limb lengthening system.
2. The MAGEC system is intended for treatment of early onset scoliosis and the PRECICE system for treatment of limb length discrepancy.
3. Both systems incorporate the company’s proprietary MAGnetic External Control technology.
4. Ellipse Technologies estimates that the global addressable market opportunity for its products was approximately $1.2 billion in 2014.
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