Here are three key thoughts from the article:
1. Entrepreneurs take risks, and Titan Spine jumped into the risk-sharing model last year by offering a five-year warranty on the Endoskeleton device. Patients who need the device replaced will receive the replacement for free.
2. Entrepreneurs are focused, and Titan Spine just focuses on spine surgeries. The company has seven spinal devices and proprietary surface technology.
3. Speed is important and smaller companies are nimble enough to make changes depending on the market.
More articles on orthopedic devices:
Mayo Clinic researchers develop expandable polymer grants
28 orthopedic & spine devices receive FDA 510(k) clearance in February
AxiaLIF’s value-based advantage: Key thoughts on TranS1’s spinal technology
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