Alphatec Names Bret B. Abshire, M.D., MS to Its Scientific Advisory Board
15 September 2006 - 2:30PM
PR Newswire (US)
CARLSBAD, Calif., Sept. 15 /PRNewswire-FirstCall/ -- Alphatec
Holdings, Inc. (NASDAQ:ATEC), a medical device company that
provides customized products and a broad suite of spine fusion
solutions, announced today that it has named noted neurosurgeon
Bret B. Abshire, M.D., MS to its Scientific Advisory Board. The
appointment reinforces Alphatec's commitment to becoming a leader
in spinal technology through collaboration with leading surgeon
partners and is the sixth appointment the Company has made to its
Scientific Advisory Board. Dr. Abshire's area of special expertise
includes disorders of the cervical, thoracic, and lumbar spine, and
he is skilled in complex re-operative spine surgeries with spinal
instrumentation. He is a member of the neurosurgical faculty at the
University of California, San Diego serving as Assistant Clinical
Professor of Surgery; Vice Chair of the Surgery Department at the
Southwest Healthcare System in Southern California; has
participated in several clinical studies involving the treatment of
spinal disorders and has had a number of papers published in
scientific journals. Dr. Abshire is a member of the American
Association of Neurological Surgeons and he maintains a private,
general neurological practice performing surgery for brain tumors
and cerebrovascular disease. Dr. Abshire joins other distinguished
surgeons and thought leaders on Alphatec's Scientific Advisory
Board including Stephen H. Hochschuler, M.D.; Frank Eismont, M.D.;
Steven Garfin, M.D.; Frank Phillips, M.D.; and James J. Yue, M.D.
Ronald Hiscock, President and Chief Executive Officer, said, "We
are honored that Dr. Abshire, an esteemed member of the
neurosurgical community, has agreed to serve on our Scientific
Advisory Board. Dr. Abshire's experience and reputation as an
innovative thought leader in neuro/spinal surgery will be a real
asset in helping shape the development of our products. His
involvement in our product development process underscores
Alphatec's commitment to surgeon-driven product innovation." Dr.
Abshire received a Bachelors of Science degree in animal physiology
from the University of California, San Diego, and then went to the
University of Health Sciences at The Chicago Medical School where
he received both a Masters of Science degree in applied physiology
and a medical degree. He completed his surgical internship and
neurosurgery residency at The Cleveland Clinic Foundation and had a
spine fellowship at the University of South Florida / Tampa General
Hospital. About Alphatec Alphatec is a medical device company
focused on the design, development, manufacturing and marketing of
products for the surgical treatment of spine disorders. Alphatec's
principal product offerings are primarily focused on the U.S. spine
fusion market, which is estimated to approach $3 billion in 2007,
through its wholly-owned subsidiary, Alphatec Spine, Inc., and
include a variety of spinal implant products and systems comprised
of components such as spine screws, spinal spacers, and plates that
offer multiple solutions to address patients' needs. In addition to
Alphatec's U.S. presence, it also participates in the Japanese
spine fusion and orthopedic trauma markets through its subsidiary,
Alphatec Pacific, Inc. Our mission is to be a value based leader in
the spinal device market by providing unmatched service to and
taking scientific direction from our surgeon customers. We do so
through our unique in-house manufacturing facility in Carlsbad,
California that allows us to respond quickly to surgeon needs and
to customize innovative products needed for spine fusion surgery.
Forward Looking Statements This press release may contain
forward-looking statements that involve risks and uncertainty. Such
statements are based on management's current expectations and are
subject to a number of risks and uncertainties that could cause
actual results to differ materially from those described in the
forward-looking statements. Alphatec cautions investors that there
can be no assurance that actual results or business conditions will
not differ materially from those projected or suggested in such
forward-looking statements as a result of various factors,
including, but not limited to, the following: Alphatec's ability to
maintain its level of previously reported sales growth, Alphatec's
ability to develop and expand its spine fusion business in the
United States and Japan, Alphatec's ability to expand and maintain
a successful sales and marketing organization, continuation of
favorable third party payor reimbursement for procedures performed
using our products, unanticipated expenses or liabilities or other
adverse events affecting cash flow or Alphatec's ability to achieve
profitability, uncertainty of additional funding, uncertainty of
success in developing any new products, failure to successfully
introduce and develop new products, including products related to
license agreements, failure to obtain FDA clearance or approval for
particular devices, Alphatec's ability to compete with other
competing products and with emerging new technologies within and
outside of spinal fusion, product liability exposure, patent
infringement claims and claims related to our intellectual
property. Please refer to the risks detailed in Alphatec's Form S-1
on file with the SEC, as well as the risks detailed from time to
time in Alphatec's SEC reports, including quarterly reports on Form
10-Q, reports on Form 8-K and annual reports on Form 10-K. We
disclaim any intention or obligation to update or revise any
forward-looking statements, whether as a result of new information,
future events, or otherwise, unless required by law. Investor
Relations: Alphatec Holdings, Inc.: Matt Clawson Stephen T. D.
Dixon Allen & Caron, Inc. CFO and Vice President (949) 474-4300
(760)-431-9286 DATASOURCE: Alphatec Holdings, Inc. CONTACT: Matt
Clawson of Allen & Caron, Inc., +1-949-474-4300, , for Alphatec
Holdings, Inc.; or Stephen T.D. Dixon, CFO and Vice President of
Alphatec Holdings, Inc., +1-760-431-9286 Web site:
http://www.alphatecspine.com/
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