ATEC Furthers Clinical Distinction with Launch of InVictus® OCT Posterior Fixation System for the Cervical and Thoracic Spin...
15 März 2021 - 2:00PM
Alphatec Holdings, Inc. (Nasdaq: ATEC), a provider of innovative
solutions dedicated to revolutionizing the approach to spine
surgery, announced today the launch of the InVictus®
Occipital-Cervical-Thoracic (OCT) Spinal Fixation System, which
extends the sophistication of the InVictus Posterior Fixation
Platform to the entire spine. The InVictus System is
engineered to provide adaptable, predictable surgical treatment of
a range of pathologies through open, MIS, or hybrid approaches.
“The speed by which we have created and fully
launched a comprehensive occiput-to-ilium fixation system with
InVictus is unprecedented,” said Pat Miles, Chairman and Chief
Executive Officer. “In less than two years, ATEC has orchestrated,
from design to commercialization, the largest system our teams have
ever released. This speaks to the prowess of the Organic Innovation
Machine. With the release of InVictus OCT, we are obviating the
last of the legacy Alphatec products and can now offer a clinically
distinct platform capable of seamlessly treating the entire
spine.”
The first new product to launch within ATEC’s
posterior cervical portfolio, InVictus OCT minimizes potential
tulip splay and cross-threading, utilizing helical flange
technology. The system uniquely gives surgeons the option of
utilizing single- or dual-rod tulips to create multi-rod constructs
that cross the occipito-cervical junction with increased
biomechanical stability. To address the challenges commonly
associated with crossing the cervico-thoracic junction, the system
features multiple favored-angle screws, a variety of rod-to-rod
connectors and seamlessly integrating transition rods. To enhance
predictability and optionality, the system is fully compatible with
the SafeOpTM Neural InformatiX System, Arsenal® Spinal Fixation
System, and the InVictus Spinal Fixation System.
“The commercial release of InVictus OCT cements
ATEC as the emerging leader in spine,” affirmed Dr. Timothy
Kuklo, principal spine surgeon and co-director at the Denver
International Spine Center at Presbyterian / St. Luke's Medical
Center. "InVictus OCT extends the InVictus Posterior Fixation
System, creating a single system that can address the entire spine
from occiput to ilium with the familiar and consistent instrument
design, color coding, and nomenclature that surgeons have become
accustomed to through the InVictus Thoracolumbar systems. Expertly
designed for ease of use, InVictus OCT offers a thread design that
simplifies screw insertion, visual and tactile feedback, proximal
thoracic transition options and a 4-rod occipital
module. ATEC has clearly developed a best-in-class
occipital-cervical solution.”
Key Features of the InVictus OCT Spinal
Fixation System
-
Integrates with SafeOp Neural InformatiX System to predictability
provide surgeons with real-time, actionable information to detect
and monitor the health of nerves at risk during posterior
fixation
-
Adapts intraoperatively to surgical requirements with robust
instruments and customizable implants designed to accept multiple
rod diameters and materials, which enables the treatment of more
advanced pathologies
-
Offers multiple favored-angle screws, a variety of rod-to-rod
connectors, and transition rods that work in combination to
facilitate crossing the cervico-thoracic junction
-
Integrates with InVictus Spinal Fixation System to achieve
additional levels of fixation
About Alphatec Holdings,
Inc.
Alphatec Holdings, Inc. (ATEC), through its
wholly-owned subsidiaries, Alphatec Spine,
Inc. and SafeOp Surgical, Inc., is a medical device
company dedicated to revolutionizing the approach to spine surgery
through clinical distinction. ATEC’s Organic Innovation Machine is
focused on developing new approaches that integrate seamlessly with
the SafeOp Neural InformatiX System to safely and reproducibly
treat spine’s various pathologies and achieve the goals of spine
surgery. ATEC’s vision is to become the Standard Bearer in Spine.
For more information, visit us at www.atecspine.com.
Forward Looking
Statements
This press release contains "forward-looking
statements" within the meaning of the Private Securities Litigation
Reform Act of 1995 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. The Company 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. Forward-looking statements include references to planned
commercial launches, product introduction and surgeon adoption
and the Company’s strategy in significantly repositioning the ATEC
brand. Important factors that could cause actual results to differ
significantly from those expressed or implied by such
forward-looking statements include, but are not limited to: the
uncertainty of success in developing new products or products
currently in the Company’s pipeline and the commercial success of
such products; failure to achieve acceptance of the Company’s
products by the surgeon community; and failure to obtain FDA or
other regulatory clearance or approval for new products, or
unexpected or prolonged delays in the process. The words “believe,”
“will,” “should,” “expect,” “intend,” “estimate,” “look forward”
and “anticipate,” variations of such words and similar expressions
identify forward-looking statements, but their absence does not
mean that a statement is not a forward-looking statement. A further
list and description of these and other factors, risks and
uncertainties can be found in the Company's most recent annual
report, and any subsequent quarterly and current reports, filed
with the Securities and Exchange Commission. ATEC disclaims 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/Media Contact:
Tina Jacobsen, CFAInvestor Relations (760)
494-6790 investorrelations@atecspine.com
Company Contact: Jeff Black
Chief Financial Officer
investorrelations@atecspine.com
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