ROCKY HILL, Conn. - (Business Wire) Applied Spine Technologies, Inc. (www.appliedspine.com), a medical device company focused on motion preservation of the lumbar spine, today announced their selection as a "Best New Technology for 2009" in the Motion Preservation category at the 2009 Spine Technology Awards held in San Francisco on November 9th. The technologies were judged according to their likelihood to advance the care of back patients using cost-effective innovation. The 30 judges were selected for their clinical experience and independence. Sponsored by Orthopedics This Week, the largest circulation weekly publication in the industry, the 2009 Spine Technology Awards received submissions from 83 outstanding technologies representing more than 300 individual engineers, inventors and surgeons.
“We are pleased to receive this award, especially with so many interesting new technologies in the motion preservation category”, said Craig Corrance, CEO of Applied Spine Technologies.
About Applied Spine Technologies Inc., and Stabilimax®
Applied Spine Technologies Inc., headquartered in Rocky Hill, Connecticut, is developing Stabilimax, a posterior dynamic stabilization device designed to support an injured or degenerated spine without eliminating motion. Stabilimax is expected to offer numerous advantages over current spinal fixation products and even new artificial disc products—including a much less invasive and less traumatic implant procedure, maintenance of spine motion and disc function, and the potential to prevent or slow adjacent-segment disc disease.
Applied Spine is currently conducting a multi-center, randomized, controlled clinical trial to compare posterior dynamic stabilization using the Stabilimax Dynamic Spine Stabilization System to traditional spinal fusion stabilization to treat degenerative lumbar spinal stenosis. Applied Spine has enrolled more than 100 patients to date.
Stabilimax is an investigational device in the United States. It is limited by United States (U.S.) Federal Law for investigational use only.
Applied Spine Technologies
Terry Brennan, CFO
866-594-3116
tbrennan@appliedspine.com
