Medical device company names former Laser Spine executive as CEO: 4 insights

Medovex Corp., named William Horne CEO and board of directors chairman. 

Here are four things to know:

1. Medovex develops the DenerveX System, a non-opioid solution designed to relieve facet joint syndrome related to chronic back pain.

2. Mr. Horne is a founder and former CEO and chairman of Tampa, Fla.-based Laser Spine Institute. Between 2005 to 2015, Mr. Horne expanded the organization from one facility with nine employees to seven surgery centers with more than 1,000 people across six states.

3. Mr. Horne was inspired to create the Laser Spine Institute because of his own experience with chronic back pain before undergoing minimally invasive spine surgery.

4. The DenerveX is the company's first pipeline product.

"My initial goal as CEO of Medovex will be to immediately pursue both synergistic and accretive opportunities that have the potential of achieving near-term greater scale, while best positioning us to leverage that increased scale with the intent of unlocking and maximizing the true value of the DenerveX System," said Mr. Horne.

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