RALEIGH, N.C., Sept, 2013 (GLOBE NEWSWIRE) — Baxano Surgical, Inc. (Nasdaq:BAXS), a medical device company focused on designing, developing and marketing minimally invasive products to treat degenerative conditions of the spine affecting the lumbar region, today announced regulatory approvals and distribution agreements for certain of its products in Mexico, Colombia and
Turkey.Disortho in Colombia and Biomedical Tech in Mexico, who are established leaders in spinal implants in their respective countries, will begin distributing AxiaLIF Plus and VEO. MediKon Saglik in Turkey has been a successful distributor of AxiaLIF in Turkey for many years and will add IO-Flex to its portfolio. Key surgeons in all three markets are trained on Baxano Surgical technologies and are expected to begin performing cases in the fourth quarter of 2013.
“We are excited to be expanding our international footprint in Latin America and Turkey,” said Ken Reali, President and Chief Executive Officer of Baxano Surgical, Inc. “We believe that these markets represent attractive opportunities for our proprietary portfolio of minimally invasive spine products. The combination of our engaged distributors and a focus on excellent surgeon training will drive strong adoption in these markets in the years to come.”
About Baxano Surgical, Inc.
Baxano Surgical, Inc. is a medical device company focused on designing, developing, and marketing minimally invasive products to treat degenerative conditions of the spine affecting the lumbar region. Baxano Surgical currently markets the AxiaLIF® family of products for single and two level lower lumbar fusion, the VEOTM lateral access and interbody fusion system, the iO-Flex® system, a proprietary set of flexible instruments used by surgeons during spinal decompression procedures and the iO-Tome™ instrument, which rapidly and precisely removes bone, specifically the facet joints, which is commonly performed in spinal fusion procedures. Baxano Surgical was founded in May 2000 and is headquartered in Raleigh, North Carolina. For more information, visit www.baxanosurgical.com.
AxiaLIF® and iO-Flex® are registered trademarks of Baxano Surgical.
Read more: http://www.nasdaq.com/press-release/baxano-surgical-inc-announces-international-expansion-20130926-00207#ixzz2g0h4e4yw