CAMBER SPINE REPORTS STRONG PERFORMANCE RESULTS FOR 2017
Growth Driven by New Product Launches and Increased Sales Capacity
Wayne, PA., January 31, 2018 - Camber Spine, a leading innovator in spine and medical technologies, today reports a strong finish to 2017 with record fourth quarter sales and year-over-year growth.
2017 was by all accounts a very strong year for Camber Spine with 54.2% growth in Q4 and 46% year-over-year growth largely driven by an increase of 97% of active surgeon users in the past 12 months.
“We attribute our sizable growth directly to expansion of our sales team and significant additions to our product portfolio”, said Daniel Pontecorvo, CEO. “In 2017 Camber made a big investment with the addition of very talented area directors which have enabled us to expand into additional markets across the country. This past year also saw the launch of three new products, Ti-Diagon™ Anatomic Oblique TLIF, SPIRA® Open Matrix ALIF and SPIRA®-C Open Matrix Cervical Interbody.”
SPIRA® ALIF and SPIRA®-C are part of the SPIRA® proprietary technology platform of spinal implants that feature SURFACE BY DESIGN™ together with the SPIRA® open architecture arched design which enables the goal of endplate-to-endplate fusion and long-term stability.
“As we look ahead to the future, we anticipate a strong 2018 with the planned launch of three exceptional new products – the second generation of ENZA® MIS ALIF, SPIRA®-L Open Architecture Lateral Cage and
SPIRA®-V Open Matrix Corpectomy. We have an active product development pipeline and expect submission and approval of 6 new products for FDA clearance this year.”
About Camber Spine
Camber Spine Technologies, LLP, is a medical device company focused on the design, development and commercialization of innovative and proprietary musculoskeletal implant systems. The company is committed to delivering surgeon inspired new technologies to the spine market. Camber Spine, located in Wayne, Pennsylvania, markets a line of proprietary musculoskeletal products nationwide through its exclusive distributor, S1 Spine.
All of Camber Spine’s products are proudly MADE IN THE USA.