Orthofix International, a provider of medical implant devices, has acquired technology for a device to combat lower leg and back pain caused by lumbar spinal stenosis.
The device, can InSWing, is a spacer for the spine. It can be implanted through a minimally invasive surgical procedure. The technology was developed at a European company by researchers in the U.S. and Belgium.
Financial details of the acquisition were not disclosed.
"Our acquisition of the innovative InSWing technology is an important addition to the broad array of products in our spine portfolio,” said Orthofix Chief Executive Officer Alan Millinazzo.
“It underscores the Company’s continuing commitment to make new minimally invasive devices available to surgeons and advance the treatment of spine conditions for patients around the world," he added.
