Alphatec Spine Gross Profits Increase 2.9% in Q1

Carlsbad, Calif.-based Alphatec Spine reported a $32.7 million gross profit in the first quarter, up 2.9 percent from the $31.8 million gross profit during the same period last year.

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Alphatec Spine reports increased first quarter profitsThe company’s total revenue also increased 4.1 percent, from $48.5 million in the third quarter of 2012 to $50.4 million. However, 2013’s third quarter net loss came in at $2.6 million, up from 2012’s $1.3 million.

Alphatec has several devices lined up for this year, including the Pegasus anchored, anterior cervical interbody device; Alphatec Solus anterior lumbar interbody fusion device; and ILLICO Multilevel minimally invasive system.

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Wenzel Spine Launches Cervical Interbody Fusion Implant

At the Becker's 23rd Annual Spine, Orthopedic and Pain Management-Driven ASC + The Future of Spine Conference, taking place June 18–20 in Chicago, spine surgeons, orthopedic leaders and ASC executives will come together to explore minimally invasive techniques, ASC growth strategies and innovations shaping the future of outpatient spine care. Apply for complimentary registration now.

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