Four insights:
1. Fitbone is designed for limb lengthening of the femur and tibia bones.
2. The device features a lengthening nail implanted in the bone. More than 3,500 cases have been performed with the system in over 15 countries.
3. The transaction includes the Fitspine system to treat early onset scoliosis.
4. Terms of the deal included $18 million in cash closing consideration and a manufacturing supply contract with Wittenstein SE.
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Dr. Neal ElAttrache defends orthopedic surgeries performed during COVID-19 crisis
‘The patients are deferred; they’re not going away,’ says Life Spine CEO on coronavirus
