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SI-BONE, Inc. Announces Appointment of Fidelity Health Insurance Services, LLC’s Martin Watson to Board of Directors

April 22, 2015 By SPINEMarketGroup

SAN JOSE, Calif., April 21, 2015 /PRNewswire/ — SI-BONE, Inc., a medical device company that pioneered the use of the iFuse Implant System, a minimally invasive surgical (MIS) device indicated
for fusion for certain disorders of the sacroiliac (SI) joint, announced today that Martin Watson has joined the company’s board of directors effective January 1, 2015. Mr. Watson is currently a Managing Director for Fidelity Health Insurance Services, LLC. Prior to Fidelity, Mr. Watson was the Founder and Chief Executive Officer at HealthMine (formerly known as SeeChange Health, LLC), a population health management company that provides consumer health engagement solutions to large employers and health insurance companies. He has also served in various executive roles at UnitedHealthcare and Aetna.

“We are happy to welcome Martin to our board of directors. Martin’s extensive experience working with large and small commercial health plans will provide significant insight and guidance for us as we continue to expand our portfolio of clinical evidence to support further adoption of iFuse among commercial health plans throughout the U.S.,” said Jeffrey Dunn, President and CEO of SI-BONE.

“For the past several years, I have been impressed with SI-BONE’s relentless focus on building clinical evidence and providing leadership through their educational efforts and I am looking forward to working withJeff Dunn and the SI-BONE team to accelerate the adoption of this foundational approach to helping patients,” said Mr. Watson.

Clinical publications have identified the SI joint as a pain generator in 15% to 30% of low back pain patients.1-4 In addition, the prevalence of SI joint pain in post-lumbar fusion, so called “failed back surgery” patients, has been shown to be up to 43%.5 Of these patients, some may have degenerative sacroiliitis or SI joint disruptions. Initial treatment options for patients with SI joint disorders typically involve non-surgical management and, when non-surgical management of the SI joint fails, surgical options such as the iFuse procedure may be considered.

SI-BONE, Inc. received original 510(k) clearance in November 2008 from the Food and Drug Administration (FDA) to market its iFuse Implant System. The CE mark for European commercialization was obtained in November 2010.

The iFuse Implant System is a minimally invasive surgical option that uses titanium implants coated with a porous, titanium plasma spray (TPS) that acts as an interference surface, designed to help decrease implant motion, provide immediate fixation and allow for biological fixation to support long term fusion. The iFuse System is intended for sacroiliac joint fusion for conditions including SI joint dysfunction that is a direct result of SI joint disruptions and degenerative sacroiliitis. There are potential risks associated with the iFuse Implant System. It may not be appropriate for all patients and all patients may not benefit. For information about the risks, visit: www.si-bone.com/risks.

About SI-BONE, Inc.

SI-BONE, Inc. (San Jose, California) is the leading sacroiliac joint medical device company dedicated to the development of tools and products for patients with low back issues related to certain SI joint disorders. The company has developed, and is manufacturing and marketing, minimally invasive products for patients with certain SI joint disorders. SI-BONE has an experienced management team with extensive experience in orthopedic and spine medical devices. SI-BONE and iFuse Implant System are registered trademarks of SI-BONE, Inc. ©2015 SI-BONE, Inc. All Rights Reserved. 9089.042115

1 Bernard TN, Kirkaldy-Willis WH. Recognizing specific characteristics of nonspecific low back pain. Clinical Orthopedics and Related Research. 1987;217:266–80.
2 Schwarzer AC, Aprill CN, Bogduk N. The Sacroiliac Joint in Chronic Low Back Pain. Spine. 1995;20:31–7.
3 Maigne JY, Aivaliklis A, Pfefer F. Results of Sacroiliac Joint Double Block and Value of Sacroiliac Pain Provocation Tests in 54 Patients with Low Back Pain. Spine. 1996;21:1889–92.
4 Sembrano JNa, Polly DW.a How Often is Low Back Pain Not Coming From The Back? Spine. 2009;34:E27–32.
5 DePalma M, Ketchum JM, Saullo TR. Etiology of Chronic Low Back Pain Patients Having Undergone Lumbar Fusion. Pain Medicine. 2011;12:732-9.

Disclosures

a Investigators in a clinical research study sponsored by SI-BONE, but they have no financial interest in the company.

SOURCE SI-BONE, Inc.

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Filed Under: 2013-2019, 2015, Announcements

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