Medical Device Maker Licenses Spinal Surgery Technology

(NIH)

Integra LifeSciences in Plainsboro, New Jersey says it has agreed to license and further develop technology made by Stout Medical Group in Perkasie, Pennsylvania to improve spinal surgery. Integra estimates the market value for these kind of devices to exceed $750 million.

Under the agreement, Integra will develop a device that surgeons can implant into a patient’s disc space using minimally invasive techniques, which can allow surgeons to perform potentially safer, simpler procedures. The technology for these procedures, called interbody fusion, is designed to allow a surgeon to adjust the height of the disk space according to the patient’s needs.

Stout Medical Group develops minimally invasive medical devices, including cardiovascular, spinal, reconstructive and sports medicine products. The company has licensed other of its products to medical technology companies Alphatec Holdings and Orthofix International.

Read more: NFL Grant Funds Bioengineered Spinal Disc Research

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