K2M & Brainlab Cooperate Towards an Adapted Version of K2M Spinal Systems Compatible with Brainlab Navigation
LEESBURG, Va., Oct. 25, 2017 (GLOBE NEWSWIRE) -- K2M Group Holdings, Inc. (NASDAQ:KTWO) (the "Company" or "K2M"), a global leader of complex spine and minimally invasive solutions focused on achieving three-dimensional Total Body Balance™, and Brainlab, a leader in medical technology, today announced a global compatibility and co-marketing agreement. The two companies will collaborate in the commercial release of future navigated K2M spinal systems, which would be compatible with Brainlab spinal navigation systems.
The agreement will allow K2M to leverage the broad and differentiated portfolio Brainlab offers in the areas of imaging, software, and navigation systems. K2M's navigated spinal systems will be designed to address both open and minimally invasive spinal procedural approaches.
"Brainlab has always strived to improve patient care through advanced technology and streamlined treatment workflows," commented Martin Immerz, Vice President Orthopedics. "The collaboration with K2M supports our vision to make medical innovation more accessible to physicians and improve the lives of their patients."
Brainlab Spinal Navigation provides an image-guided open navigation platform for spinal surgery. Beneficial for both less invasive as well as open approaches, the Spinal Navigation software continuously tracks surgical instruments in relation to patient anatomy, helping surgeons to avoid critical structures while delivering more accurate pedicle screw placement than conventional surgical techniques. With over 5,300 navigation and O.R. integration systems installed worldwide, Brainlab has established itself as a leader in the surgical navigation field.
"We are excited to work on the compatibility of intraoperative, image-guided navigation platforms by Brainlab with K2M's spinal systems," said K2M Chairman, President, and CEO Eric Major. "Brainlab is a market-leading global innovator of image-guided and computer-assisted technology and shares our vision on patient care. This partnership will further enhance our three-dimensional Balance ACS platform by providing surgeons and hospitals with state-of-the-art technology to support the full continuum of patient care."
K2M's Balance ACS™ (BACS™) platform provides solutions focused on achieving balance of the spine by addressing each anatomical vertebral segment with a 360-degree approach to the axial, coronal, and sagittal planes, emphasizing Total Body Balance as an important component of surgical success.
K2M Group Holdings, Inc. is a global leader of complex spine and minimally invasive solutions focused on achieving three-dimensional Total Body Balance. Since its inception, K2M has designed, developed, and commercialized innovative complex spine and minimally invasive spine technologies and techniques used by spine surgeons to treat some of the most complicated spinal pathologies. K2M has leveraged these core competencies into Balance ACS, a platform of products, services, and research to help surgeons achieve three-dimensional spinal balance across the axial, coronal, and sagittal planes, with the goal of supporting the full continuum of care to facilitate quality patient outcomes. The Balance ACS platform, in combination with the Company's technologies, techniques and leadership in the 3D-printing of spinal devices, enable K2M to compete favorably in the global spinal surgery market. For more information, visit www.K2M.com and connect with us on Facebook, Twitter, Instagram, LinkedIn and YouTube.
Brainlab develops, manufactures and markets software-driven medical technology, enabling access to advanced, less invasive patient treatments.
Brainlab technology powers treatments in radiosurgery as well as numerous surgical fields including neurosurgery, orthopedic, ENT, CMF, spine and trauma. Founded in Munich in 1989, Brainlab has over 11,800 systems installed in over 100 countries.
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Zeno Group on behalf of K2M Group Holdings, Inc.
Christian Emering, 212-299-8985
Westwicke Partners on behalf of K2M Group Holdings, Inc.
Mike Piccinino, CFA, 443-213-0500
Anna Bliss, +49 89 99 156 81 172