Life Spine Announces Record 2011 Results
Published: Jan 25, 2012
HOFFMAN ESTATES, Ill., Jan. 24, 2012 /PRNewswire/ -- Life Spine, a medical device company that designs, develops, manufactures and markets products for the surgical treatment of spinal disorders, announced record revenues and double digit growth of 29% following 14 new product introductions in 2011.
The record revenue reflects a series of significant milestones achieved by the Company during 2011. "This has been an outstanding year for Life Spine. Our rapid growth is driven by the increasing demand for our Centric MIS Platform (Minimally Invasive Solutions) and our expansion into 10 international markets, including our most recent involving ANVISA Clearance in Brazil," said Michael Butler, President and Chief Executive Officer. "Our core strategy continues to revolve around maintaining a broad intellectual property portfolio globally. In 2011, 11 new patents were issued, bringing the company's total portfolio to 30 with an additional 90 applications on file."
The complete line of the Company's products will be on display at the upcoming AAOS meeting in San Francisco, February 7 11, 2012.
About Life Spine
Life Spine is dedicated to improving the quality of life for spinal patients by increasing procedural efficiency and efficacy through innovative design, uncompromising quality standards, and the most technologically advanced manufacturing platforms. Life Spine, which is privately held, is based in Hoffman Estates, Illinois. For more information, please visit http://www.lifespine.com.
Life Spine is a registered trademark, and Centric is a trademark of Life Spine, Inc.
SOURCE Life Spine