New Spine Product from Exactech - Analyst Blog

Exactech ( EXAC ), which makes orthopedic implant devices, recently expanded its spine business with the full commercial launch of the Gibralt spinal system for posterior cervical fusion (a surgery performed to stabilize cervical spine). The launch of this new system represents an important milestone for the Gainesville-based company's spine franchise.

The Gibralt spinal system, which was recently unveiled at the Cervical Spine Research Society annual meeting, is designed to offer posterior stabilization and an adjunct to fusion of the cervical and upper thoracic spine.

The versatile, easy-to-use, Gibralt spinal system features polyaxial screws, hooks and connectors (offset and rod-to-rod) which can be built into multiple configurations according to the patient's anatomy. Th e product's low-profile pedicle screw with 80 degrees of motion is geared to mitigate the risk of tissue impingement in the thoracic spine.

The company said that the Gibralt spinal system can be connected with its lumbar pedicle screw systems including Proliant and Hydralok. The Proliant screw system was the first internally-developed spinal system by Exactech.

Exactech established its spine business through a couple of acquisitions. The company added spinal fusion products (including two pedicle screw fixation systems for lumbar fusion) through its acquisition of spinal implant devices maker Altiva Corporation in January 2008.

Moreover, Exactech, in August 2010, acquired multiple spinal product lines from VertiFlex Inc, which develops less intrusive spinal surgery technologies that help preserve motion.

Exactech develops and markets orthopedic implant devices. Its orthopedic products are utilized for the restoration of bones and joints that have degenerated due to diseases. Apart from the U.S. the company markets its products in more than 30 other markets globally.

Exactech competes with the likes of Wright Medical ( WMGI ), Stryker ( SYK ), Johnson & Johnson ( JNJ ) and Zimmer Holdings ( ZMH ), some of whom are much larger in terms of size and resources.

EXACTECH INC ( EXAC ): Free Stock Analysis Report

JOHNSON & JOHNS ( JNJ ): Free Stock Analysis Report

STRYKER CORP ( SYK ): Free Stock Analysis Report

WRIGHT MEDICAL ( WMGI ): Free Stock Analysis Report

ZIMMER HOLDINGS ( ZMH ): Free Stock Analysis Report

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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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