Navigation Links
VerteLoc™ Tops 500 Surgical Procedures, VGI Announces VerteLX™ and Seeks Potential Investors for Growth
Date:7/7/2009

The VerteLoc™ Minimally Invasive Spine Stabilization system has now been implanted in more than 500 patients across the United States. Surgeon acceptance of the surgical procedure continues to drive record growth. VGI will pursue its first FDA 510K on another device, VerteLX™, for the treatment of lumbar spinal diseases that require fusion.

Winston-Salem, NC (PRWEB) July 7, 2009: VG Innovations, Inc (VGI), announced today that its revolutionary VerteLoc™ Minimally Invasive Spine Stabilization system has now been implanted in more than 500 patients across the United States during its first year on the market.

VerteLoc™ is designed to address back pain, created by minor spinal instabilities, by effectively stabilizing the spinal facets, which are multi-directional joints of the spinal column.

"The VerteLoc™ system has now been utilized in more than 500 surgical cases," stated VGI's President and CEO, Dan Grayson. "It is making a significant difference in the way back pain is being addressed, allowing for earlier intervention to avoid more invasive surgical procedures. Surgeon acceptance of the VerteLoc™ system continues to experience a phenomenal rate of growth, especially through the conversion of competitive business. Through the end of Q2 2009, we have exceeded revenue projections by 156%."

VGI will enter into a new arena later in 2009, pursuing its first FDA 510K on another device, VerteLX™, for the treatment of various spinal diseases that require fusion of the lumbar spine.

"There are numerous systems / devices on the market that are inserted from an anterior, posterior or lateral surgical approach," Grayson elaborated. "Many current systems, that are classified as 'minimally invasive' still offer instrumentation that is bulky and sometimes difficult to use inter-operatively. VGI will introduce a system that utilizes just a few small instruments for the lateral surgical approach and insertion of a unique biomechanically superior implant."

The VerteLX™ implant is like nothing ever seen previously in the spine market. VGI will demonstrate the VerteLX™ system at the North American Spine Society meeting in November with a limited product launch planned for Q2 2010. "VGI is entertaining the idea of a potential investor or partner to expand distribution to a broader market," Grayson continued. "We believe surgeon demand for the VerteLX™ product will be so great that we may require additional resources to allow for rapid expansion."

Company Profile

VG Innovations, Inc, (VGI) is a privately held company and was formed in late 2007. The company is in the business of developing and commercializing proprietary, implantable devices with a specific focus on minimally invasive surgical products that could provide better surgical solutions over present technology. The products are designed to treat specific spinal disease indications that affect millions of people. More information on the company and its products can be found at: www.verteloc.com


###

Read the full story at http://www.prweb.com/releases/2009/07/prweb2603584.htm.


'/>"/>
Source: PRWeb
Copyright©2009 Vocus, Inc.
All rights reserved  

Related biology technology :

1. VGI Announces the Launch of DISMISS Instruments for the VerteLoc™ Minimally Invasive Spine Stabilization System
2. STAAR Surgical Receives FDA Clearance for the Epiphany(TM) Injector System
3. STAAR Surgical Receives CE Mark Approval for KS-X Preloaded Hydrophobic Acrylic Lens Injector System
4. MMR Offers Free Surgical Masks to Call Attention to Importance of Personal Health Records in Preparing for Possible Swine Flu Pandemic
5. STAAR Surgical Releases Afinity(TM) Collamer(R) Aspheric Single Piece NTIOL
6. STAAR Surgical Announces Fourth Quarter and Full Year 2008 Earnings Release Date and Conference Call
7. Pioneer(R) Surgical Technology, Inc. Wins Frost & Sullivans 2009 North American Orthopaedic Tissue Engineering Technology Innovation Award
8. CUREXO Technology Corporation Launches Its ROBODOC(R) Surgical System at Upcoming Orthopaedic Conference in Las Vegas
9. ATS Medical Announces Formation of Cryoablation Surgical Advisory Board
10. SurgiQuest Signs a Development and Supply Agreement with Intuitive Surgical for MIS Access Utilizing the AirSeal(TM) Technology
11. China Medicine to Distribute Dental and Surgical Instruments
Post Your Comments:
*Name:
*Comment:
*Email:
Related Image:
VerteLoc™ Tops 500 Surgical Procedures, VGI Announces VerteLX™ and Seeks Potential Investors for Growth 
(Date:6/23/2016)... , June 23, 2016 Houston ... with the Cy-Fair Sports Association to serve as ... the agreement, Houston Methodist Willowbrook will provide sponsorship ... and connectivity with association coaches, volunteers, athletes and ... with the Cy-Fair Sports Association and to bring ...
(Date:6/23/2016)... 23, 2016   EpiBiome , a precision microbiome ... in debt financing from Silicon Valley Bank (SVB). The ... to advance its drug development efforts, as well as ... "SVB has been an incredible strategic partner to ... traditional bank would provide," said Dr. Aeron Tynes ...
(Date:6/23/2016)... Apellis Pharmaceuticals, Inc. today announced positive ... its complement C3 inhibitor, APL-2. The trials were ... studies designed to assess the safety, tolerability, pharmacokinetics ... healthy adult volunteers. Forty subjects were ... dose (ranging from 45 to 1,440mg) or repeated ...
(Date:6/23/2016)... ... June 23, 2016 , ... ... at the Pennsylvania Convention Center and will showcase its product’s latest features from ... also be presenting a scientific poster on Disrupting Clinical Trials in The Cloud ...
Breaking Biology Technology:
(Date:4/26/2016)... -- Research and Markets has announced the ...  report to their offering.  , ,     (Logo: ... forecast the global multimodal biometrics market to grow ... 2016-2020.  Multimodal biometrics is being implemented ... healthcare, BFSI, transportation, automotive, and government for controlling ...
(Date:4/13/2016)... 13, 2016  IMPOWER physicians supporting Medicaid patients in ... new clinical standard in telehealth thanks to a new ... higi platform, IMPOWER patients can routinely track key health ... mass index, and, when they opt in, share them ... to a local retail location at no cost. By ...
(Date:3/22/2016)... March 22, 2016 ... Sensors Market for Consumer Industry by Type (Image, ... Application (Communication & IT, Entertainment, Home Appliances, ... Forecast to 2022", published by MarketsandMarkets, the ... to reach USD 26.76 Billion by 2022, ...
Breaking Biology News(10 mins):