WINTERTHUR, SWITZERLAND--Spinelab Ltd., a privately held company, that develops innovative spinal treatment concepts, specializing in motion preserving stabilization systems, and Biomet EMEA, a division of Biomet, Inc., a global leader in the manufacture of musculoskeletal medical products, announced today the signature of an exclusive distribution agreement. Under the agreement, Biomet will have exclusive distribution rights for Spinelab’s pedicle screw based posterior elastic stabilization system Elaspine™ in Spain and Portugal.
“The agreement with Biomet is a major step in the commercialization strategy of Spinelab. This exclusive contract gives us access to one of the largest and best sales forces in the market. We are excited to work with such a distinguished partner as Biomet to bring Elaspine™ to the Spanish and Portuguese market”, said Thomas Zehnder, President & CEO of Spinelab.
Johan Van Havermaet, Director Business Development, Biomet Spine EMEA said: “Building on our strong presence in Spain and Portugal, Elaspine™ allows us to complete our spine product portfolio and to extend our footprint in these markets.”
About Spinelab
Spinelab Ltd., based in Winterthur, Switzerland, develops and distributes innovative spinal treatment concepts. The flagship product is the elastic stabilization system Elaspine™, which has been CE marked and implanted since 2009 and is currently being evaluated in a European multicentre study.
Spinelab Ltd. is certified according to ISO 9001/12485 and strives to develop the best treatment concepts by using innovative materials and techniques in order to achieve the best clinical results for the patients.
www.spinelab.com
About Elaspine
The unique elastic characteristics of the Elaspine™ allow for compression and elongation of the polymer rod, preserving a symmetric range of motion of the spinal segment in flexion, extension and lateral bending.
The Elaspine™ screw-rod interface is designed to enable an elastic stabilization of the spinal segment without a hard stop, minimising stress between screw and bone. The system is intended to work like a damper, absorbing shocks, unloading the disc and facet joints.
www.elaspine.com
