Spinal Elements files for $100M IPO

Carlsbad, CA, September 8 2020 (Newsbreak) — Spinal Elements Holdings (SPEL) has filed a preliminary prospectus for a $100M IPO. As its name suggests, the Carlsbad, CA-based medical device company develops and markets a line-up of products used in spine surgery with a particular focus on minimally invasive procedures (MIS). It says its portfolio addresses a broad spectrum of spine surgery procedures and consists of innovative spinal fixation systems (implantable hardware systems that are mechanically attached to the spine and provide stability), interbody implants (devices implanted between the vertebral bodies of the spine), surgical instruments (instruments used to prepare the spine and implant our devices) and biologics (allograft or synthetic biomaterials intended to augment or replace the normal capacity of such tissue in the body), most for MIS.

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Written by hsandm

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