Home | Business News | Browse by Publication | S | San Diego Business Journal

New spinal products tapping big markets; industry responding to demand for quicker medical procedures.

Publication: San Diego Business Journal
Publication Date: 26-NOV-07 		Format: Online
Delivery: Immediate Online Access

Article Excerpt
NuVasive Inc.'s Nov. 8 announcement that it will occupy the building Elan Corp. will vacate in January marked the first of a small flurry of activity surrounding spinal device makers.

Five days after NuVasive announced its expansion plans, Pennsylvania-based Synthes Inc., billed as the world's No. 3 manufacturer of spinal-implant devices, said it would buy San Diego-based N Spine Inc. for $75 million, given it meets certain benchmarks.

The privately held business makes a spinal implant device that fits into Synthes' equipment, providing what the company deemed an "attractive" fit to its product portfolio.

"We just realized it's not possible to develop everything internally," said Gilgian Eisner, who heads investor relations out of Synthes' Swiss offices.

Mergers and acquisitions are nothing new for...

Access Full Article, Compliments of Goliath

View this article FREE - Now for a Limited Time, try Goliath Business News
Free for 3 Days!



More articles from San Diego Business Journal
Lenette Hewitt, vice president of sales and marketing for Barratt Amer..., November 26, 2007
Jack wraps up year, wall street approves.(Friday, Nov. 16), November 26, 2007
Hewlett-Packard finishes a $104b year.(Tuesday, Nov. 20), November 26, 2007
Cubic Corp. helping federal government with maritime security.(PUBLIC), November 26, 2007
Leap continues jumping downward.(PUBLIC), November 26, 2007

Looking for additional articles?
Search our database of over 3 million articles.

Looking for more in-depth information on this industry?
Search our complete database of Industry & Market reports by text, subject, publication name or publication date.

About Goliath
Whether you're looking for sales prospects, competitive information, company analysis or best practices in managing your organization, Goliath can help you meet your business needs.

Our extensive business information databases empower business professionals with both the breadth and depth of credible, authoritative information they need to support their business goals. Whether it be strategic planning, sales prospecting, company research or defining management best practices - Goliath is your leading source for accurate information.