VertiFlex Gets Another $14 Million In Venture Money for Spine Device  
5/27/2011 9:01:30 AM

San Clemente-based VertiFlex Inc. has another $14 million in its coffers as it goes about bringing a medical device for less-invasive treatments of painful spine problems to market.

VertiFlex's main device is Superion Interspinous Spacing, which is used for treating lumbar spinal stenosis, or a narrowing of the spinal canal. The condition causes severe back and other pain and is diagnosed in about 1.2 million individuals each year in the U.S.