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Strategic Initiatives

WishBone Medical Acquires CSpine -

WishBone Medical purchased CSpine, manufacturer of spine and orthopedic implants and instruments. The transaction, the company's third since 4Q18, will support WishBone's entry into the spine segment of pediatric orthopedics. CSpine will manufacture implants to be combined and sterile packed with disposable instruments at Red Star Contract Manufacturing, which WishBone acquired in 4Q18. Moving forward, CSpine will operate under the new name of Red Star Medical Solutions, as part of the Red Star family. All Red Star facilities will continue to provide contract manufacturing for the medical device industry. The objective is to produce surgical solutions to treat pediatric spinal deformities such as scoliosis, packaged in sterile, single-use disposable kits. Further, these kits will be employed in mission trips made worldwide by The WishBone Orthopaedic Foundation. (WishBone Medical, Inc., 5/9/19)