SpineGuard obtains regulatory clearance to sell PediGuard in China
SpineGuard recently announced it has received regulatory clearance to market and sell its Classic PediGuard line of products in China, according to a company press release.
The China spine market is the second largest market after the United States, estimated to be worth more than $1 billion by 2019, according to IData Research. The market is expanding due to an aging population, improvement treatment rates and growing affordability, the release stated.
“This regulatory clearance is the result of a diligent collaborative process with
General Care International,” Pierre Jérôme, co-founder and CEO of SpineGuard, said in the press release. “It is a major milestone for Spine Guard and further validates the value of our Dynamic Surgical Guidance-based PediGuard device for making spine surgery safer.”
Reference: www.spineguard.com.