BioTech/Drugs - Belmar, NJ, US
Vertical Spine is a commercial stage medical device company with a unique patented system providing intra-procedural collection and preparation of autologous Platelet Rich Fibrin Matrix (PRFM) membrane grafts that facilitate intra-vertebral placement in the spine to guide and accelerate new bone formation during fusion. Vertical Spine has licensed patents from Cascade Medical, LLC which has commercialized this technology for bone and soft tissue applications in markets including; orthopedic sports medicine, dermatology, wound care, cranial maxillofacial surgery, periodontics and veterinary medicine. Over 130,000 patients have been treated successfully in these procedure areas. Vertical Spine is seeking funding to support the sales launch of its spinal biologic products, to conduct additional marketing studies to expand clinical indications, and to demonstrate superior economic outcomes. The company expects to develop additional claims of improved enhancement of bone formation in posterior lumbar arthrodesis, anterior cervical and minimally invasive indications.The Company's PRFM technology has been cleared to market under FDA 510K broad orthopedic applications. CE Mark certification has also been granted for the Company's FIBRINET technology.
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