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Benvenue Medical Secures $25 Million Series D Financing
Date:6/28/2012

and Drug Administration (FDA). KAST is the largest randomized study to date versus the current standard of care, balloon kyphoplasty, in VCFs.   
  • The Blazer™ Vertebral Augmentation System, also used in treating VCFs, is the first clinical product in Benvenue Medical's portfolio to be commercially available in the U.S. Together, Kiva and Blazer will be able to address the majority of patients suffering from VCFs, which are common to osteoporosis.  The National Osteoporosis Foundation estimates that there are 700,000 osteoporosis-related vertebral compression fractures annually in the U.S. alone, yet 200,000 kyphoplasty procedures are done globally. 
  • Benvenue Medical's Luna™ Interbody Spacer System for spinal fusion procedures received CE Mark approval in 2010. It is currently enrolling patients in a European post-market study, the Luna Interbody System for Fusion Trial (LIFT). After the completion of enrollment in the LIFT study, the Luna Interbody Spacer System will be commercially available in the EU.  Currently this device is not available in the United States, and the company intends to submit a 510(k) in the US later this year.
  • About Benvenue Medical, Inc.
    Founded in 2004, Benvenue Medical, Inc. is advancing spine repair through the development of proprietary, minimally invasive surgical and interventional solutions. The company is privately held and funded by Versant Ventures, DeNovo Ventures, Domain Associates and Technology Partners.  Its first products are designed for the treatment of vertebral compression fractures and degenerative disc disease, which have combined revenues of $1.6 billion globally. For more information, visit www.benvenuemedical.com.

    MEDIA CONTACT:
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    Merryman Communications
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    SOURCE Benvenue Medical, Inc.
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