Intellirod Spine Announces Key Licensing Milestone in Development of Novel Spinal Sensor
AKRON, Ohio, March 24, 2015 /PRNewswire-USNewswire/ -- Intellirod Spine, a medical device company developing novel wireless sensing technologies for use in spinal care, has entered into licensing and distribution agreements with X-spine Systems, Inc. to utilize X-spine Fortex® implants in conjunction with Intellirod's forthcoming LOADPRO™ disposable microelectronic sensor. The LOADPRO™ system is used during corrective spinal surgeries, and clamps onto a spinal rod at the time of implantation. The LOADPRO system enables surgeons to monitor rod strain levels as corrections are being made. This new data can help the surgeon balance left/right rod loads during corrective surgeries as well as indicate the level of strain in each rod.
Ric Navarro, CEO of Intellirod, expects this new data to lead to correlations between intra-operative rod loading and the incidences of screw loosening, implant breakage, and even fusion outcomes. "For the first time, surgeons will have guiding information to balance loads and bring consistency to their procedure which can lead to improved outcomes, fewer complications and lower post-operative care costs," said Navarro.
"We expect our collaboration with X-Spine and use of the Fortex system to lead to FDA approval of the LOADPRO this year." Intellirod also plans to begin pairing the LOADPRO with the Fortex system in initial alpha site launches later this year. An implantable version of the sensor, the ACCUVISTA™, is in development to aid surgeons in the post-operative wireless monitoring of rod strains.
Dr. David Kirschman, CEO of X-spine, states, "We are excited about our partnership with Intellirod Spine. The LOADPRO® system is truly unique in our industry, and we look forward to working with the Intellirod team to bring this valuable technology into the hands of spinal surgeons."
About Intellirod Spine, LLC
Intellirod Spine (www.intellirodspine.com), based in Akron, Ohio, is an emerging technology company dedicated to developing and commercializing sensor technologies to optimize operative and post-operative spine care.
About X-spine Systems, Inc.
X-spine (www.x-spine.com) is a global medical device manufacturer which provides class-leading products for the treatment of spinal disease. Based in Ohio, privately held X-spine Systems, Inc., distributes products to an expanding global market, including the Americas, Europe, the Middle East, Africa, Australia and Asia.
Contact:
Intellirod Spine, LLC
Ric Navarro, President and CEO
234-678-8965
[email protected]
X-spine Systems, Inc.
Meredith Gavlick, Director of Marketing and Surgeon Relations,
800-903-0640
[email protected]
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SOURCE Intellirod Spine
Related Links
http://www.intellirodspine.com/
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