Skip to main content
Sister Publication Links
  • Rubber & Plastics News
Subscribe
  • My Account
  • LogIn
  • News
  • Technology Focus
    • Features
    • Technical Papers
    • Analysis: Rubber mixing plants of the future
      Analysis: US probes dumping by ESBR suppliers
      Opinion: Tire labels stuck in a rut
      Analysis: NR pricing takes one step forward, two steps back
    • Technical paper: Varying Si-substituents for rubber silanes
      White paper: Role of tire innerliners in improving 'in-use rolling resistance'
      White paper: Why tire air retention matters now more than ever
      Nippon Soda: Use of 1,2-polybutadiene in CSM rubber applications
  • Events
    • ERJ Events
    • ERJ Livestreams & Webinars
    • Industry Events
    • Journey to Automation Awards 2020
      Sustainability: Top 10 E4S projects table
  • Maps & Reports
  • People
  • Directory
  • Digital Edition
  • Brainiac
MENU
Breadcrumb
  1. Home
  2. News
November 14, 2005 12:00 AM

NuVasive buys UK maker of cervical replacement device

ERJ Staff
  • Tweet
  • Share
  • Share
  • Email
  • More
    Print

    By Liz White, ERJ staff

    San Diego, California-US medical device maker NuVasive Inc. has bought the technology and assets of Pearsalls Ltd, a privately owned UK firm which makes a replacement device for spinal surgery called Neodisc.

    Based on a silicone rubber core-in an 'embroidered' jacket with flanges for fixing in place-the Neodisc offers NuVasive the potential to be the first in the US market with a nucleus-like device designed to preserve motion in the cervical region of the spine.

    The device fills the gap between pre-surgical treatment and total disc replacement or spine fusion.

    San Diego-based NuVasive itself focuses on developing products for minimally disruptive surgical treatments for the spine.

    The market for devices such as the Neodisc-which preserve cervical motion-has been forecast to exceed $1000 million by 2011, said Nuvasive, which believes that Neodisc will be attractive for a broad range of spine conditions. The process is easily revisable and involves relatively simple surgery.

    In NuVasive's statement on the deal, the firm said it believes the device's potential for treating patients earlier in the degenerative process make it "an attractive surgical option."

    NuVasive will seek FDA approval for commercialisation of the Neodisc and anticipates filing an Investigational Device Exemption (IDE) application in the fourth quarter of 2005. Neodisc could be commercially available in Europe as early as 2007 and commercialised in the US by 2010, said the firm.

    The Pearsalls buy will cost NuVasive $12 million, plus additional payments when certain milestones leading to FDA approval are achieved. These could add up to $31.5 million in cash and stock. NuVasive will also pay a royalty of 5 percent on sales of the Neodisc product.

    As part of the transaction, NuVasive also acquired all of Pearsalls' intellectual property related to embroidery technology for use in surgical implants.

    RECOMMENDED FOR YOU
    Hexpol acquiring Spanish rubber compounder Unica
    Hexpol acquiring Spanish rubber compounder Unica
    Synthomer launches Asia innovation centre in Malaysia 
    Synthomer launches Asia innovation centre in Malaysia 
    Kuraray raising elastomer prices again
    Kuraray raising elastomer prices again
    Free Newsletters

    Breaking news and in-depth coverage of essential topics delivered straight to your inbox.

    Subscribe today

    Get the latest news impacting the European rubber industry, from breaking news to razor-sharp analysis, in print and online.

    Subscribe now
    Connect with Us
    • LinkedIn
    • Twitter
    • Youtube

    Logo
    Contact Us

    @ 2019 European Rubber Journal. 
    European Rubber Journal is published bi-monthly by NUERJ Ltd.

    Registered Office: Castle House, 89 High Street,
    Berkhamsted, Hertfordshire HP4 2DF, United Kingdom. 

    Tel. + 44 (0)203 196 0141 

    Registered No. 13104613 England

    Email: [email protected]

    Website www.european-rubber-journal.com

    Customer service 

    Tel. + 44 (0)203 196 0141 

     

    Resources
    • About us
    • Contact Us
    • Advertise with Us
    • Media Kit
    • Ad Choices Ad Choices
    • Sitemap
    Legal
    • Terms and Conditions
    • Privacy Policy
    • Privacy Request
    Copyright © 2021. NUERJ LTD. All Rights Reserved.
    • News
    • Technology Focus
      • Features
      • Technical Papers
    • Events
      • ERJ Events
      • ERJ Livestreams & Webinars
      • Industry Events
    • Maps & Reports
    • People
    • Directory
    • Digital Edition
    • Brainiac