Globus Medical has acquired all of the assets of Facet Solutions for an undisclosed sum. The leading product in the Facet Solutions portfolio is ACADIA, an unconstrained pedicle screw-based total facet replacement system.
ACADIA is currently under phase III IDE studies for symptomatic spinal stenosis. David Paul, chairman and CEO of Globus, said in the release that the acquisition will allow Globus to address an array of clinical indications and treatment scenarios.
Read the Globus Medical release on the acquisition.
Read other coverage on Globus Medical:
– Globus Medical Launches COALITION ACDF Spacer System
– NuVasive Initiates Patent Infringement Lawsuit Against Globus Medical
