SI-Bone reports 58% jump in Q2 sales, seals payer agreement

Spinal Tech

SI-Bone posted significant revenue growth in the second quarter of 2021 compared to the same period last year.

Four notes:

1. Worldwide revenue in the second quarter hit $22.2 million, which was up 58 percent year-over-year.

2. U.S. sales were $20.2 million, up 53 percent compared to the same period last year. 

3. SI-Bone reached an exclusive coverage agreement with Anthem.

4. CEO Laura Francis said: "Our strong performance in the quarter reaffirms the underlying strength of our business and growing demand for our innovative solutions. With the exclusive coverage from Anthem, substantially all of the U.S insured population now has access to minimally invasive SI joint fusion."

 

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