SAN DIEGO, CA--(Marketwired - April 14, 2014) - NuVasive, Inc. (NASDAQ: NUVA), a medical device company focused on developing minimally disruptive surgical products and procedures for the spine, announced that today marks the one-year anniversary since it opened its NuVasive Japan office in Tokyo, which has been greatly successful in providing outstanding customer and patient support.
Since receiving regulatory Shonin approval for several products supportive of the eXtreme Lateral Interbody Fusion (XLIF®) surgical procedure in April 2013, NuVasive has trained many surgeons on the minimally disruptive procedure. Thousands of patients have been treated with the Company’s comprehensive portfolio of procedurally integrated solutions for the spine.
Headed by Executive Vice President of Asia Pacific, Takaaki Tanaka, NuVasive Japan is a key driver of the Company’s global market share expansion and has continued to strengthen the Company’s ability to bring game-changing products, procedures, and services to patients in the second largest spine market in the world.
“In addition to XLIF, we continue to experience significant Japanese case volume growth with a number of NuVasive products, including our Precept® and Armada® posterior fixation systems and CoRoent® implants, as we train surgeons and drive deep penetration of the market,” said Russell Powers, NuVasive Executive Vice President of International. “We are changing spine surgery in Japan and I applaud all of the NuVasive teams who have worked tirelessly to bring our game-changing technology to Japan. It is an exceptional start to our strong future in an exciting market. We are clearly building momentum in Japan and furthering the shift towards minimally disruptive approaches globally.”
Today, NuVasive® has a presence in more than 25 countries, driving the Company’s culture of Speed of Innovation® and Absolute Responsiveness® across the globe.
About NuVasive
NuVasive is an innovative global medical device company that is changing spine surgery with minimally disruptive surgical products and procedurally integrated solutions for the spine. The Company is the 4th largest player in the $8.7 billion global spine market.
NuVasive offers a comprehensive spine portfolio of more than 90 unique products developed to improve spine surgery and patient outcomes. The Company’s principal procedural solution is its Maximum Access Surgery, or MAS® platform for lateral spine fusion. MAS provides safe, reproducible, and clinically proven outcomes, and is a highly differentiated solution with fully integrated neuromonitoring, customizable exposure, and a broad offering of application-specific implants and fixation devices designed to address a variety of pathologies.
Having pioneered the lateral approach to spine fusion, NuVasive continues to be at the forefront of the spine industry’s shift toward less invasive solutions. The Company’s dedication to innovation continues to spawn game changing technology such as the PCM® motion preserving disc for the cervical spine, XLIF® Corpectomy for tumor and trauma, and Armada®, which treats adult degenerative scoliosis in a less invasive fashion. The Company has also developed procedural solutions that completely redefine and improve upon traditional procedures like TLIF, PLIF, Posterior Fixation, and ALIF. NuVasive’s solutions are increasingly being adopted internationally, as the Company lays the groundwork to continue growing as a global business and to offer industry-leading, Absolutely Responsive customer service to surgeons world-wide. NuVasive® is focused on becoming a $1 Billion Start-up™; taking market share by maintaining a commitment to Superior Clinical Outcomes, Speed of Innovation®, and Absolute Responsiveness®.
About XLIF®
XLIF is a minimally disruptive surgical procedure performed through the side of the body utilizing proprietary neuromonitoring and an integrated portfolio of instruments and specialized implants for treating a range of spinal pathologies.
The XLIF procedure, like any other surgical procedure, is not without risks. Possible complications include, but are not limited to: persistent pain, infection, muscle weakness, vascular injury (injury of the blood vessels), neurologic (nerve or spinal cord) injury, urinary tract infection, stroke, pneumonia, deep vein thrombosis (clotting), and further progression of existing spinal disease. A discussion detailing all potential risks of the XLIF procedure, or any procedure, should take place between patient and physician.
Spine surgeries, including the XLIF procedure, carry inherent risks and potential complications, which should be discussed between patient and surgeon. Complications vary in severity, including the possibility of death, and can result from surgery in general (e.g., infection or bleeding requiring transfusion), from the approach to the pathology (e.g., vascular, organ or other soft-tissue injury, or injuries to the motor or sensory nerves), spine surgery related complications (e.g., re-operation required for malpositioned hardware or inadequate decompression) and medical related issues (e.g., due to other co-morbidities such as diabetes, heart disease, lung disease, use of steroids, and/or smoking).
Complications can also manifest later in the postoperative period, which may require additional procedures (e.g., delayed wound healing, infection, migration or failure of the implants, fracture or settling of the bone, failed fusion).
It is important to reiterate that planning for spine surgery should include detailed discussion between patient and surgeon concerning potential complications associated with current spine surgery treatment options.
The information provided in this press release is for general educational information only. Information you read in this press release cannot replace the relationship that you have with your healthcare professional. We do not practice medicine or provide medical or advice as part of this press release. You should also talk to your healthcare professional for diagnosis and treatment.
NuVasive cautions you that statements included in this press release that are not a description of historical facts are forward-looking statements that involve risks, uncertainties, assumptions and other factors which, if they do not materialize or prove correct, could cause NuVasive’s results to differ materially from historical results or those expressed or implied by such forward-looking statements. The potential risks and uncertainties which contribute to the uncertain nature of these statements include, among others, risks associated with acceptance of the Company’s minimally disruptive surgical products by spine surgeons, development and acceptance of new products or product enhancements, expansion of our network of sales representatives, and the other risks and uncertainties described in NuVasive’s press releases and periodic filings with the Securities and Exchange Commission. NuVasive’s public filings with the Securities and Exchange Commission are available at www.sec.gov. NuVasive assumes no obligation to update any forward-looking statement to reflect events or circumstances arising after the date on which it was made.
Investor Contact:
Tina Jacobsen
NuVasive, Inc.
858-320-5215
Email Contact
Media Contact:
Nicole Collins
NuVasive, Inc.
858-909-1907
Email Contact
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