Spinal Elements acquires assets from California spine device company

Spinal Tech

Spinal Elements acquired certain assets from Benvenue Medical, which develops minimally invasive lumbar fusion implants.

The transaction includes Benvenue's Luna XD expandable interbody and the Orbit system, which comprises discectomy instrumentation designed to facilitate the removal of disc tissue while preparing endplates for fusion.

 "We have an exceptional opportunity to advance these novel Luna XD and Orbit technologies as part of our MIS Ultra platform of products and procedures," Spinal Elements President and CEO Jason Blain said in a Dec. 16 news release.

The technologies align with the company's goals of enabling "fundamental shifts in MIS spine surgery, including site of care in both hospital and ASC settings," he added.

Spinal Elements also acquired Benvenue's manufacturing production equipment, which it will relocate to its headquarters in Carlsbad, Calif.

The company plans to relaunch the products by the second quarter of 2021.

Terms of the transaction were not disclosed.

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