The company began selling the allograft product in 2012, and it decided that it will donate 100 percent of the profits from the sale of the product to charities benefiting children with life-threatening medical conditions.
The company expects the funds to triple in 2014, with donations exceeding over $1 million dollars by the end of the calendar year.
More Articles on Devices:
Mazor Robotics 2013 Net Loss Shoots to $20M
Advancement in Lateral Spine Technology: Q&A with Vertebral Technologies, Inc. CEO Dr. Jeffrey Felt
EDGE Orthopaedics Receives FDA 510(k) Clearance for BITE Compression Screws
