Wright Medical buys spine plates:
This article was originally published in Clinica
Executive Summary
Wright Medical has purchased the rights to a set of cervical spine plates developed by Dr Gary Michelson, a surgeon from Los Angeles. The plates use self tapping screws, eliminating the need for drilling. The deal will allow Wright to enter the world market for cervical spine plates which is worth around $87 million. The company, which is located in Arlington, Tennesee, plans to gain FDA approval for the plates by mid-1997.