Spine Wave won FDA clearance for its StaXx IB system, an intervertebral body fusion device. The privately held company said this expandable fusion device is differentiated from its flagship StaXx XD with the addition of bone graft chambers.
"We are pleased to be able to offer the StaXx IB System as the latest product in our innovative and highly differentiated portfolio of technologies," said CTO John Pafford in prepared remarks. "This is the 1st of several exciting products we expect to introduce over the next 12 months as we strive to deliver important and novel clinical solutions for spine surgeons."
The Shelton, Conn.-based spine disorder device company raised $17.5 million in 2011.