CTL Medical, a medical device manufacturing and services company, signed a definitive agreement to acquire AccelSPINE, effective 1/25/16.
AccelSPINE is a developer of custom instruments and implants to treat the cervical, thoracic and lumbar spine. The company achieved its CE Marking and EN ISO 13485 certification in 4Q15.
CTL Medical will retain all AccelSPINE employees and expects a significant workforce increase by early 2017.
Source: CTL Medical Corporation