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Product / Company Performance

SpineEx Files for $17MM IPO -

SpineEx filed to raise up to US $17MM in an initial public offering to support commercialization of spinal devices, including an expandable cage for lateral lumbar fusion. The company has developed the Sagittae® expandable and adjustable cage for lateral lumbar fusion. FDA 510(k) submission occurred in 2Q18, and clearance is expected by year-end. If cleared, Sagittae would be accompanied by the Scorpio Retractor with disposable accessories and the Herculaes™ Sterilization Container (the latter of which is already approved for sale in China). (SpineEX Inc., 9/18/18)