|[February 25, 2013]
Ascendx Spine™ Receives Recognition from SEMDA for Its Ascendx VCF Repair System Designed to Help Spine Surgeons Treat Vertebral Compression Fractures (VCFs)
WINTER PARK, Fla. --(Business Wire)--
Ascendx Spine™, Inc., (www.ascendxspine.com)
has received the 'Spotlight' award from SEMDA (Southeast Medical
Device Association) as the best presentation at the Seventh Annual SEMDA
Conference last week. As a result, Ascendx was asked to be a featured
presenting company at AdvaMed
2013: The MedTech Conference, to be held September 23-25,
2013, in Washington, D.C.
In December 2012, Ascendx received FDA 510(k) clearance for its Ascendx
VCF Repair System. Previously, the company has received FDA
clearance for its Ascendx Acu-Cut Vertebral Augmentation System.
Both products, which are used to treat vertebral compression fractures
(VCF), are also approved for marketing in Europe.
"We now have Ascendx positioned strongly for strategic partneships and
full commercial launch of our products globally," said Julian M.
Mackenzie, President and CEO, Ascendx Spine™.
"We are grateful to SEMDA for this prestigious award," added Mackenzie.
"Additionally, we look forward to presenting our story at AdvaMed
2013: The MedTech Conference, an international event of thousands of
attendees, influential policymakers, strategic investors, CEOs, business
development executives and media. This opportunity is ours as a direct
result of winning the 'Presenting Company Spotlight' award during the
2013 SEMDA conference, and another great reason for emerging companies
to participate in the SEMDA organization."
"We have been traveling the country in pursuit of the most innovative
medical technology companies, and were highly impressed with the quality
of presentations at SEMDA," said Ray Briscuso, managing partner
and producer, AdvaMed 2013: The MedTech Conference. "Because they
received the Spotlight award, we're glad Ascendx Spine™ will join us at
A vertebral compression fracture forces a vertebra to collapse, and the
spinal column above it to assume an abnormal forward curve, resulting in
considerable back pain and a hunchbacked appearance. Current standard
procedures for treating VCFs are 'vertebroplasty' and 'kyphoplasty.' While
traditional technologies require passing on both sides of the
spinal cord to reach the entire vertebral body, the Ascendx products are
designed to achieve this through minimally invasive single-sided
access. More specifically, the Ascendx VCF Repair System is
designed to enable physicians, including spine surgeons and
interventional radiologists, to place a single bolus of bone
cement (PMMA) into the center of the vertebra with the balloon still
inflated. This important feature is unparalleled in the industry and is
designed to be a critically important competitive advantage for Ascendx
The Southeastern Medical Device Association (SEMDA) is a
non-profit trade association that supports and promotes medical device
companies in the Southeast.
About Ascendx Spine™
Based in Winter Park, Florida, Ascendx Spine™, Inc., is a medical device
company focused on the development and commercialization of innovative
orthopedic devices for the spine and trauma markets.
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