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.
More articles on devices:
6 industry layoffs, furloughs for physician leaders to know
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
At the Becker's 23rd Annual Spine, Orthopedic and Pain Management-Driven ASC + The Future of Spine Conference, taking place June 11-13 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.
