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Spinelab AG

SpineLab and Precimed announce strategic partnership

Winterthur/Switzerland (ots)

SpineLab AG, a privately held
company, specialized in developing a dynamic stabilization system for
the spine, announced today the strategic partnership with Precimed
Group, a leading technology-driven supplier to the orthopaedic
industry.
Under this agreement, Precimed co-develops the minimally invasive
instrument set and will exclusively handle production and logistics
for SpineLab's dynamic stabilization system DynaSpine(tm). SpineLab
will benefit from Precimed's state-of-the-art development and
manufacturing facilities as well as from their network with the
orthopaedic industry.
"This partnership allows SpineLab to focus on selected key areas
like clinical results, intellectual property and regulatory
approvals. SpineLab will benefit from the domain expertise and
international infrastructure of Precimed." said Thomas Zehnder,
President & CEO of SpineLab.
"Dynamic stabilization for the spine is one of the fastest growing
market segments in the orthopaedic industry and we believe SpineLab's
product will offer some unique clinical benefits to patients. This
strategic partnership is a great business model to develop Precimed
into a full-service system provider even for large orthopaedic
companies." says Patrick Berdoz, Chairman and CEO of Precimed Group.
About SpineLab
SpineLab AG is developing a second generation Dynamic
Stabilization System for the spine: DynaSpine™. The system is
unique in having a simple approach to establish consistent
biomechanical conditions. SpineLab's patents cover a wide range of
design options including minimally invasive approaches.
www.spinelab.com
About Precimed
Precimed is a growing Swiss medtech company focusing on the design
and development of innovative instruments, trays and cases for the
orthopaedic industry. The company has its global headquarters in
Orvin, Switzerland, North American headquarters in Exton, PA near
Philadelphia as well as subsidiaries in the United Kingdom, Japan and
China. Manufacturing facilities are located throughout Switzerland
and in the US. Precimed employs over 445 highly qualified employees.
www.precimed.com
Contacts: 
Dr. Thomas Zehnder
President & CEO, SpineLab AG 
Phone:  +41/52-204-03-34
E-Mail:  thomas.zehnder@spinelab.com
Barbara Lyons
Director of Global Marketing, Precimed Group
Phone:  +1-610-524-83-00
E-Mail:  b.lyons@precimed.com

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