Has my stock been accused of fraud?Join over 160k users who know.

Ticker Price Change($) Change(%) Shares Volume Prev Close Open Gain($) Gain(%)
Ticker Status Jurisdiction Filing Date CP Start CP End CP Loss Deadline
Ticker Case Name Status CP Start CP End Deadline Settlement Amt
Ticker Name Date Analyst Firm Up/Down Target ($) Rating Change Rating Current

News

SeaSpine Announces 100th Placement Of 7D FLASH Navigation System

Author: Benzinga Newsdesk | December 27, 2022 05:08pm

 SeaSpine Holdings Corporation (NASDAQ:SPNE), a global medical technology company focused on surgical solutions for the treatment of spinal disorders, today announced the placement of its 100th 7D FLASH™ Navigation System globally. The 7D FLASH™ Navigation System uses visible light to create a three-dimensional image for surgical navigation in just seconds, which is expected to result in shorter and more efficient spinal procedures with less radiation exposure. It is the only marketed image-guidance system that utilizes novel and proprietary camera-based technology, coupled with machine-vision algorithms, to eliminate the long-standing frustrations with legacy surgical navigation platforms.
 

The 100th system was purchased by Inova Fairfax Hospital in Virginia. "I'm delighted that Inova Fairfax is the hospital system that helped 7D achieve such an important milestone with the placement of its 100th unit, and that Inova is the first in the Washington metropolitan area to be able to offer SeaSpine FLASH Navigation's cutting-edge technology to my patients undergoing spine surgery," said orthopedic surgeon Dr. Laurel Blakemore. "Their unique segmental referencing method and FLASH navigation system will protect patients and providers from the cumulative effects of radiation while allowing for more accurate placement of spinal fixation. We can virtually eliminate use of X-ray during the surgery and overall reduce radiation for the patient and save time compared to other navigation systems."

The speed, accuracy, and efficiency of machine-vision technology is intended to provide significant economic value, lower radiation for staff and patients in open procedures, and harnesses the true potential of image-guided navigation – providing a truly unique offering for both open and minimally invasive spine procedures.

Another recent installation occurred at Parkview Orthopedic Hospital with Dr. Ahmer Ghori. "We are excited to be the first facility in Indiana to offer SeaSpine FLASH Navigation's cutting-edge technology to patients undergoing spine surgery," stated Dr. Ghori. "The FLASH Navigation system eliminates intraoperative radiation associated with the ‘spin' required for traditional navigation technologies, thus leapfrogging operative efficiency while protecting patients and providers from the cumulative effects of radiation. FLASH technology eliminates the challenges of changing the anatomy intra-op with positioning, interbody work, or simply by knocking the reference frame."

"These milestones represent the continued clinical acceptance that the FLASH™ Navigation system has seen since joining the SeaSpine family in 2021," said Brian Stuart, Vice President of Sales, Enabling Technologies at SeaSpine. "As we continue to deliver new functionality like the recently launched percutaneous spine module for minimally invasive spine procedures, we expect to see continued growth throughout the US, and around the world with this game changing technology."

Posted In: SPNE

CLASS ACTION DEADLINES - JOIN NOW!

NEW CASE INVESTIGATION

CORE Finalist