2008 2007 MANSFIELD, MA – December 18, 2007 -- Innovative Spinal Technologies, Inc. (IST), a leading developer of the world’s most advanced motion preservation and minimally invasive treatments for spinal disorders, announced positive results of a multi-site study demonstrating the clinical benefits of the Paramount™ Pedicle Screw (PSS). Results of the study show that a minimally invasive fusion procedure with the Paramount pedicle screw procedure results in significantly less blood loss, operative time, and pain as compared to conventional open pedicle screw procedures. These results were presented at the Minimally Invasive Spine Surgery meeting in San Diego, California. MANSFIELD, MA – October 16, 2007 -- Innovative Spinal Technologies, Inc. (IST), a leading developer of the world’s most advanced motion preservation and minimally invasive treatments for spinal disorders, announced the 510(k) clearance of its Paramount™ IBF System for minimally invasive spine (MIS) surgery by the United States Food and Drug Administration. The Paramount IBF System is now available nationwide through IST’s network of sales representatives. MANSFIELD, MA – September 18, 2007 -- Innovative Spinal Technologies, Inc. (IST), a developer of the world’s most advanced motion preservation and minimally invasive technologies, announced the appointment of Daniel C. Wadsworth as Vice President of Research & Development. MANSFIELD, MA – August 15, 2007 -- Innovative Spinal Technologies, Inc. (IST), quickly emerging as a leading developer of the world’s most advanced motion preservation and minimally invasive treatments for spinal disorders, announced the U.S. commercial launch of the Paramount™ VBR System for minimally invasive spine (MIS) surgery. The Paramount VBR System received FDA premarket clearance in January 2007. The system has been available in limited release since February 2007 and is now available nationwide through IST’s network of sales representatives. 2006 MANSFIELD, MA – September 27th, 2006 -- Innovative Spinal Technologies, Inc. (IST), quickly emerging as a leading developer of the world’s most advanced minimally invasive treatments for spinal disorders, announced the appointment of Frederic Moll, M.D. to the company’s Board of Directors.
MANSFIELD, MA – September 26, 2006 — Innovative Spinal Technologies, Inc. (IST), quickly emerging as a leading developer of the world’s most advanced minimally invasive treatments for spinal disorders, announced the U.S. commercial launch of the Paramount™ Pedicle Screw System for minimally invasive spine surgery.
By Robin R. Young - Reprint 9/26/06 - IST stands for Innovative Spinal Technologies but it also stands for one of the largest amounts of capital ever raised by a start-up spinal implant company ($39 million) and it may well be the first surgeon-originated firm that was spun off to professional management and a who’s who list of private equity firms.
MANSFIELD, MA -- March 21, 2006 -- Innovative Spinal Technologies, Inc. (IST) announced today that Paul G. Thomas has been elected to serve as Chairman of the company’s Board of Directors.
MANSFIELD, MA -- March 16, 2006 -- Innovative Spinal Technologies, Inc. (IST), a developer of the world’s most advanced minimally invasive treatments for spinal disorders, announced today the appointment of Todd Fanning as Vice President, Sales.
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