VertiFlex
Company

Last deal

$45.33M

Amount

Venture - Series Unknown

Stage

27.03.2017

Date

3

all rounds

$141.99M

Total amount

date founded

Financing round

General

About Company
Boston Scientific is a global leader in developing innovative solutions for chronic pain.

Industry

Sector :

Subsector :

Keywords :

Also Known As

DK Spine Technology

founded date

01.01.2005

Number of employees

Company Type

For Profit

Last funding type

Venture - Series Unknown

IPO status

Private

Description

Vertiflex, a medical device company founded in 2005 and based in California, offers minimally invasive and motion preserving spinal surgery technologies. Their flagship product, the Superion interspinous spacer, is a percutaneous titanium implant that treats moderate spinal stenosis. By filling the treatment gap between conservative care and traditional spine surgery, Vertiflex provides improved treatment options with minimal tissue trauma for patients with lumbar stenosis.
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M&A Details
1

Acquired by

Boston Scientific

announced date

09.05.2019

price

$465M

Financials

Funding Rounds
12
3

Number of Funding Rounds

$141.99M

Money Raised

Their latest funding was raised on 27.03.2017. Their latest investor Alta Partners. Their latest round Venture - Series Unknown

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Lead 
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People

Founders
1
Earl R. Fender
Earl R. Fender

Earl R. Fender

Mr. Fender has served as the President and CEO since March of 2008. He brings over 25 years of successful leadership experience in general management and product commercialization in the medical device and spinal industry. During a 10 year span, he led DePuy Spine, a Johnson & Johnson company, as Vice President of Sales, U.S. President and finally, Worldwide President. Under Mr. Fender's leadership, DePuy Spine grew to over $1 billion in global sales, operating in 54 countries, making it the world's second largest spinal implant company. Prior to Johnson & Johnson, Mr. Fender led the U.S. sales organization for Synthes (USA), the industry leader in orthopedic trauma, orchestrating a five year period of sales force expansion and accelerated growth. Prior to VertiFlex, Mr. Fender served as Vice President and General Manager of Osiris Therapeutics, Inc., a global leader in adult mesenchymal stem cell technologies. In less than two years, he built Osiris' Osteocel business from scale-up to one of the world's leading commercialized cellular products, which has treated over 15,000 patients. Mr. Fender's academic qualifications include a B.A. in Business Administration from Thiel College, along with the completion of Harvard Business School's Program for Management Development.

current job

Nalu Medical
Nalu Medical

organization founded

1

Earl R. Fender

Employee Profiles
7
Michael Enxing

Michael Enxing

Chief Commercial Officer

R. Stephen Reitzler

R. Stephen Reitzler

Vice President, Clinical & Regulatory Affairs

Andy W. Choi

Andy W. Choi

Vice President, Research & Development

Activity

Recent News
0