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NuVasive acquires Vertera Spine
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NuVasive Inc. announced it has acquired Vertera Spine, according to a company press release.
Acquisition terms were not disclosed.
Through the acquisition, NuVasive reportedly is the only medical device company to offer porous technology for both polyetheretherketone (PEEK) and titanium materials.
“With the addition of porous PEEK technology, NuVasive takes the next step in building out its advanced materials science technology focused on delivering the highest level of scientifically driven properties for best spinal fusion rates, including porosity, visualization, surface and structure,” Gregory T. Lucier, chairman and chief executive officer of NuVasive, said in the release. “This in turn helps to create more predictable, improved outcomes for patients undergoing spine surgery. Our go-to-market plans include adding Vertera Spine’s FDA-cleared products to NuVasive’s commercial offerings, as well as applying the porous PEEK technology to our innovation roadmap as we further build out our pipeline of highly differentiated products to increase our market penetration.”
NuVasive will be adding Vertera Spine’s Cohere cervical interbody fusion device and Coalesce lumbar interbody fusion device to its portfolio for commercial sale and distribution in the United States.
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