Premia Spine
Spinal Arthroplasty Solutions for Motion Rehabilitation
Company Overview
Snapshot
Founded in March 2011 by Ron Sacher, Premia Spine is a medical device company with 11–50 employees. The company has raised $25.4 million across two funding rounds from five investors.
Business overview
Premia Spine develops spinal arthroplasty solutions designed to offer alternatives to traditional spinal fusion operations. The company's core technology includes the Total Posterior Solution (TOPS) system, which uses a spinal implant to mimic the natural motions of the back, and the Nexux system, which aims to balance decompression and post-operative stability. Premia Spine also offers the Promis System, a lumbar spine fusion system. These products serve the healthcare market, specifically targeting patients diagnosed with spinal stenosis and low-grade spondylolisthesis, and operate within the Health Tech & Life Sciences sector, focusing on medical devices and treatment.
Strategic signal
In August 2017, Premia Spine launched its TOPS IDE Study, signaling a significant step towards clinical validation and potential market expansion for its Total Posterior Solution system. This initiative indicates the company's commitment to rigorous testing and regulatory approval, which is crucial for investor confidence and broader adoption within the orthopedic and spinal surgery markets.
Company Intelligence Q&A
- What is Premia Spine's primary focus?
- Premia Spine focuses on developing spinal arthroplasty solutions that provide alternatives to spinal fusion operations, aiming to restore natural motion in patients with spinal conditions.
- When was Premia Spine founded?
- Premia Spine was founded in March 2011.
- What is the TOPS system?
- The TOPS system is a spinal implant developed by Premia Spine that recreates natural flexion, extension, bending, and rotation motions of the back, specifically for patients with spinal stenosis and spondylolisthesis.
- Which investors participated in Premia Spine's November 2014 funding round?
- In November 2014, Premia Spine received funding from Radius Ventures and Innomed Ventures.
- What is the purpose of Premia Spine's Nexux system?
- The Nexux system by Premia Spine is designed to achieve a balance between adequate decompression and post-operative stability, offering a minimally invasive motion device for spinal stenosis and spondylolisthesis.