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Company Description (as filed with the SEC)
We are a medical device company focused on designing, developing and marketing minimally invasive products to treat degenerative conditions of the spine affecting the lumbar region. We participate in the minimally invasive spine segment which has been the fastest growing area of the spine business for the past 5 years. It is estimated that today it represents 30% of the total spine market but is expected to surpass 50% of the total spine market within the next 4 to 5 years based on its current growth trajectory. We are passionately committed to delivering innovative technologies to our surgeon customers that benefit their patients. On May 31, 2013, we, through our wholly-owned subsidiary Racer X Acquisition Corp. (“Merger Sub”), consummated our acquisition of Baxano Inc. (“Baxano”) pursuant to an Agreement and Plan of Merger (the “Merger Agreement”). ... More ...