Integra Spine Acquires Products of Failed Innovative Spinal Technologies

Integra Spine in Plainsboro, N.J., has acquired substantially all assets of Innovative Spinal Technologies, according to a release from its parent, Integra LifeSciences Holdings Corp.

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Innovative Spinal Technologies, which ceased operations in Jan. 2009, made spinal implant products focused on minimally invasive surgery and motion preservation techniques.

In this transaction, Integra Spine acquired the Paramount MIS, an open system for percutaneous lumbar fusion procedures, the Paramount interbody fusion system, the Cordant anterior cervical plating system, and product development assets for the Axient product line for posterior dynamic stabilization.

Read Integra LifeSciences’ release about acquiring the assets of Innovative Spinal Technologies.

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