27 Aug Wenzel Spine Announces Acquisition of Statera Spine
AUSTIN, Texas–(BUSINESS WIRE)–Wenzel Spine, Inc., a medical technology company focused on providing minimally invasive solutions for the treatment of spinal disorders, today announced that it has completed the acquisition of Statera Spine, a pre-operative diagnostics and quantitative data software solution that improves treatment decisions for spine patients.
Statera Spine is a software enabled spine imaging analytics company dedicated to providing easy-to-use solutions that facilitate improved care for patients suffering from chronic and acute spine issues. Standard pre-operative imaging does not allow for consideration of overall spine biomechanics, including sagittal alignment. The ProfileESP (Expanded Spine Parameters Report), VMA (Vertebral Motion Analysis) technology and integrated Surgical Planning Solution will enhance Wenzel’s current spine fusion-related product portfolio by providing vital diagnostic and decision-making tools that are missing from today’s technology.
“Solutions in diagnostics and surgical planning tools play a critical role in the advancement of Wenzel Spine’s total solution offering in minimally invasive surgery,” said Chad Neely, CEO of Wenzel Spine. “We are very excited to have the experience, expertise and dedication of the Statera Spine team as part of Wenzel Spine. The addition of these unique diagnostic and planning solutions complement our existing minimally invasive implant technology and allow us to bring comprehensive solutions to spine surgeons and their patients. By combining diagnostics with our MIS implant portfolio, we can continue to advance minimally invasive spine surgery, while reducing overall cost.”
The new Wenzel Spine Diagnostics service offering will allow physicians to utilize full spine alignment data, plus motion (angulation and translation) and disc height data at each spine level to aid in the decision-making process alongside their patients. The diagnostic service results in standardized, comprehensive spinal motion and alignment data is conveniently packaged in a graphical, easy-to-read report. Profile ESP and VMA are commercially available in the US. The Surgical Planning Solution is planned to be launched and commercially available in the US in early 2021.
About Wenzel Spine, Inc.
Wenzel Spine, Inc. is a medical technology company focused on providing minimally invasive solutions for the treatment of spinal disorders. Headquartered in Austin, TX, Wenzel Spine is focused on delivering surgical solutions that improve the overall quality of spine care by simplifying procedures and reducing recovery time. Wenzel Spine seeks to improve patient quality of life by designing and producing devices of the highest quality to support our surgeon clients in the care and treatment of their patients. For more information about the company and our products, visit www.wenzelspine.com
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For further information, contact:
Chad Neely, Chief Executive Officer
SOURCE: Business Wire, 27th August 2020