Company Overview
Snapshot
Founded in July 2001 by Mark Levy, Expanding Orthopedics operates with 1–10 employees. The company secured $15 million in total capital across one disclosed funding round. A significant milestone for the company 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 featuring both standard and expandable pedicle screws, and the FLXfit, an expandable, articulated interbody fusion device. The company serves the healthcare industry, specifically surgeons and hospitals, operating within the Health Tech & Life Sciences sector, with a focus on Medical Devices and Medical Treatment & Therapeutics.
Strategic signal
In September 2017, Expanding Orthopedics received FDA clearance for its FLXfit15, an articulated expandable cage designed for lordosis correction. This regulatory approval was a critical validation of the company's innovative spinal technology, signaling its readiness for broader market adoption and enhancing its competitive position in the medical device sector.
Company Intelligence Q&A
- What was a key regulatory achievement for Expanding Orthopedics?
- In September 2017, Expanding Orthopedics announced FDA clearance for its FLXfit15, which is described as the only 3D articulated expandable cage with 15 degrees of lordosis correction.
- When did Expanding Orthopedics initiate a post-market study for its XPED system?
- Expanding Orthopedics initiated the XPED system post-market study in October 2011.
- When did Expanding Orthopedics achieve a significant sales growth milestone?
- In January 2017, Expanding Orthopedics announced achieving over 100% sales growth in the second half of 2016.
- What was a notable intellectual property development for the company?
- In November 2016, Expanding Orthopedics secured a U.S. patent for its 3D expandable cage technology.
- What was the outcome of Expanding Orthopedics in June 2018?
- In June 2018, Expanding Orthopedics was acquired by CoreLink.