New spinal player emerges with Precision Medical and Spinal USA combo
This article was originally published in Clinica
Executive Summary
Two privately-held US spine companies, Spinal USA and Precision Medical, have been acquired and merged to form new concern, Precision Spine. Newly-incorporated Precision Spine paid around $72m for both firms. A spokesperson for the new company said it had structured the transaction "in the most efficient way to accomplish the deal".