CARLSBAD, Calif., Feb. 6, 2008 (PRIME NEWSWIRE) -- Alphatec Holdings, Inc. (Nasdaq:ATEC), a medical technology company focused on the design, development, manufacturing and marketing of products for the surgical treatment of spinal disorders, announced that the company’s wholly owned subsidiary, Alphatec Spine, Inc. (“Alphatec Spine”), and Progressive Spinal Technologies LP., (“Progressive”) entered into an exclusive worldwide license agreement that provides Alphatec Spine the right to commercialize Progressive’s dynamic anterior cervical plate technologies. The technologies incorporate a unique self ratcheting mechanism that enables the dynamic anterior cervical plate to allow for axial settling in order to increase load sharing with the graft and thereby improve fusion rates. Similar to Alphatec’s TRESTLE(tm) anterior cervical plate, the new dynamic plate combines a large window that enables graft site and end plate visualization with a slender profile for an aesthetic and anatomical union. Progressive, which was formed in early 2006, specializes in spinal implants and technologies for the orthopedics industry.
