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Orthopedic and Dental Industry News Complete Archive »

Zimmer Acquiring MIS Spinal Implant Company Endius BY DAVID KRESSEL, FEBRUARY 12, 2007

After the markets closed on Friday, Zimmer announced an agreement to acquire Endius, Inc., a Massachusetts-based spine company. Endius has developed a minimally invasive instrument kit, Atavi, and associated implants for spinal fusion.

The Atavi comes as a cartridge the size of a popsicle. Through a small incision, it is inserted lengthwise halfway through the skin. The part below the skin splits muscle on its way to the spine, and is then expanded, so the whole construct resembles a funnel. A surgeon would then perform surgery through this portal. The hope is that conducting surgery this way is less traumatic than an open surgery and therefore leads to faster recovery times and better long-term outcomes.

It is likely that this acquisition was not done for scale and that Zimmer's motives were related to the Atavi system and associated intellectual property. Zimmer also indicated that this system could be used in conjunction with its Dynesys dynamic stabilization system.

Endius' investors, who contributed about $70 million to the company since 1997, include The Carlyle Group, Cardinal Partners, Morgan Stanley and EGS Healthcare Partners.

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