4WEB Medical reports record Q1 2017 revenue growth — 4 points

Written by Megan Wood | April 17, 2017 | Print  |

Boca Raton, Fla.-based 4WEB Medical reported record revenue growth in the first quarter of 2017.

4WEB develops 3-D printed implant technology. The company invested in three decades of topological dimension theory research to create the novel 4WEB geometry. The design serves as a building block for strong, lightweight web structures.

 

Here are four points:

 

1. The company saw substantial revenue growth due to demand for its Posterior Spine Truss System product line for transforaminal lumbar interbody fusions.

 

2. In Q1 2017, 4WEB expanded sales and distribution into dozens of hospitals, creating new investments in sales infrastructure.

 

3. U.S. surgeons are planning to use the company's Lateral Spine Truss System for the first time in Q2.

 

4. 4WEB's portfolio includes the Cervical Spine Truss System, Anterior Spine Truss System, Posterior Spine Truss System, Lateral Spine Truss System and Osteotomy Truss System.

 

More articles on devices:
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Zimmer Biomet, Medtronic, Stryker & more: 18 device company key notes
Medicrea reports Q1 sales of $7.43M — 3 takeaways

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