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.
