Double-digit growth for Precision Spine in 2014 — 5 key updates

Spinal Tech

Precision Spine reported double-digit growth for the fifth consecutive year in 2014.

"To achieve double-digit growth for five consecutive years is a testament to our ability to consistently provide advanced, high quality products that successfully bring efficiency and cost-effectiveness to the treatment of a variety of spinal pathologies," says Precision Spine President Rich Dickerson.

 

Here are five quick facts about the company:

 

• Fourth quarter 2014 sales increased 45 percent over the same period in 2013
• Full year sales were up 26 percent
• The company expanded sales distribution and released several new products
• The FDA recently granted Precision Spine's Reli SP Spinous Plating System clearance
• The Reform Pedicle Screw System received expanded indications coverage

 

"The Reform Pedicle Screw System has been well-received in the surgeon community and we're confident that the system's expanded indications will broaden both its use and popularity," said Mr. Dickerson.

 

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