Expanding Orthopedics

Company Overview

Snapshot

Founded in July 2001 by Mark Levy, Expanding Orthopedics operated with 1–10 employees. The company secured $15 million in total capital across one funding round from Medica Venture Partners. A significant milestone was its acquisition by CoreLink in June 2018.

Business overview

Expanding Orthopedics is a medical device company focused on developing and marketing products that address unmet clinical needs in spinal care. Its core products include the XPED pedicle screw system, a complete spinal implant system with standard and expandable pedicle screws, and the FLXfit, an expandable, articulated interbody fusion device. The company serves the medical industry, specifically targeting surgeons and hospitals in the Health Tech & Life Sciences sector.

Strategic signal

In September 2017, Expanding Orthopedics received FDA clearance for its FLXfit15, an articulated expandable cage designed for 15 degrees of lordosis correction. This regulatory approval validated the company's innovative approach to spinal fusion devices and signaled its capability to bring advanced solutions to the US market, enhancing its product portfolio and market competitiveness prior to its acquisition.

Company Intelligence Q&A

What was a key regulatory achievement for Expanding Orthopedics?

In September 2017, Expanding Orthopedics announced FDA clearance for its FLXfit15, an articulated expandable cage offering 15 degrees of lordosis correction, marking a significant step for its spinal care product line.

When did Expanding Orthopedics initiate initial surgeries with its FLXfit15 device?

In October 2017, Expanding Orthopedics announced the commencement of initial surgeries using its FLXfit15, the first articulated and expandable cage capable of 15 degrees of lordosis correction.

When was Expanding Orthopedics acquired?

Expanding Orthopedics was acquired by CoreLink in June 2018, leading to its inactive status.

What patent did Expanding Orthopedics secure in the US?

In November 2016, Expanding Orthopedics secured a U.S. patent for its 3D expandable cage technology, strengthening its intellectual property in spinal devices.

What was a significant sales achievement for Expanding Orthopedics?

In January 2017, Expanding Orthopedics announced achieving over 100% sales growth in the second half of 2016, indicating strong market adoption for its products.