K2M Launches EVEREST® Minimally Invasive XTower™ Instrumentation & Showcases 3D Balance ACS™ Platform at SMISS 2017
LEESBURG, Va., Sept. 14, 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™, today announced the global launch of the EVEREST® Minimally Invasive (MI) XTower™ instrumentation—an enhancement to the EVEREST MI XT Spinal System—at the Society for Minimally Invasive Spine Surgery Annual Forum (SMISS), September 14—16, 2017 in Las Vegas, Nevada (Booth #10 & 11). During the meeting, the Company will also showcase its Balance ACS™ (BACS™) platform and host an interactive workshop on the BACS System offerings on September 15 at 7:30 a.m.
In 2016, K2M launched the EVEREST MI XT Spinal System, making the Company's percutaneous screw portfolio one of the most comprehensive on the market. The addition of the XTower enhances the EVEREST MI platform, providing a new surgical solution for treating complex deformities with the goal of achieving three-dimensional spinal balance. EVEREST MI XTower instrumentation encompasses the entire tab-to-screw assembly, providing rigid reinforcement of the EVEREST MI XT screw tabs. Streamlined instrumentation allows surgeons to use the XTower throughout the entirety of the procedure. A Support Tower Reducer provides 35 mm of reduction where necessary.
"The addition of the EVEREST MI XTower to the EVEREST MI XT Spinal System provides surgeons with intraoperative customization of screw extension rigidity based on the intended clinical application," said Ashok Biyani, MD, a spine and orthopedic surgeon at Toledo Orthopedic Surgeons in Ohio. "The increased screw extension strength provided by the XTower allows surgeons to treat a full spectrum of pathologies utilizing one system."
Michael Selby, MD, a spine and orthopedic surgeon at the Adelaide Spine Clinic in Australia, added, "I regularly treat complex deformity, tumor, and trauma patients in my practice. The XTower provides the ability to customize the power of the reduction to perform complex procedures utilizing minimally invasive techniques."
K2M to Showcase Balance ACS Platform & Host Interactive 3D Spinal Balance Workshop at SMISS 2017
"K2M is excited to participate in this year's SMISS, a keynote meeting that advances the latest breakthroughs in minimally invasive spine surgery," said K2M President and CEO Eric Major. "This year we are at the forefront of minimally invasive spine innovation with the addition of XTower to our EVEREST MI XT Spinal System. We are pleased to now offer one of the most comprehensive MI pedicle screw platforms on the market that—when complemented by our Balance ACS platform—allows surgeons to holistically treat complex and degenerative spinal pathologies through a minimally invasive approach, with the ultimate goal of achieving Total Body Balance."
K2M will highlight Balance ACS, which provides solutions to balance 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 will feature the BACS System—which includes BACS Preauthorization, BACS Surgical Planner, BACS Anatomical Models, and BACS Data Management—and the BACS app, a portal for surgeons to access the BACS System.
K2M will also host a workshop entitled: "Preparing Your Practice for Changes in the Healthcare Landscape: A Look at BACS Preauthorization and BACS Data Management," facilitated by Kornelis Poelstra, MD, PhD, a spine surgeon at the Spine Institute on the Emerald Cost. The session begins at 7:30 a.m. on September 15 at the Cosmopolitan Hotel in Gracia Ballroom 1.
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.
This press release contains forward-looking statements that reflect current views with respect to, among other things, operations and financial performance. Forward-looking statements include all statements that are not historical facts such as our statements about our expected financial results and guidance and our expectations for future business prospects. In some cases, you can identify these forward-looking statements by the use of words such as, "outlook," "guidance," "believes," "expects," "potential," "continues," "may," "will," "should," "could," "seeks," "predicts," "intends," "plans," "estimates," "anticipates" or the negative version of these words or other comparable words. 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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