Alphatec Spine Stabilization Device Approved

Don't let it get away!

Keep track of the stocks that matter to you.

Help yourself with the Fool's FREE and easy new watchlist service today.

The Food and Drug Administration has approved Alphatec Holdings' (NASDAQ: ATEC  ) Solus device. That means that the firm now has clearance to market and sell the product in the US.

Solus, described by the company as an internal fixation anterior lumbar interbody fusion device, is a ring that helps space the vertebrae apart and stabilize the spinal column.

This is not Alphatec's first market for the product. It was launched in Europe this past January, and the firm says that sales there have been successful.

In the press release announcing the FDA's approval, the company quoted a Millennium Research Group estimate that pegged potential 2013 sales of internal fixation ALIF products such as Solus at $129 million.

Read/Post Comments (0) | Recommend This Article (0)

Comments from our Foolish Readers

Help us keep this a respectfully Foolish area! This is a place for our readers to discuss, debate, and learn more about the Foolish investing topic you read about above. Help us keep it clean and safe. If you believe a comment is abusive or otherwise violates our Fool's Rules, please report it via the Report this Comment Report this Comment icon found on every comment.

Be the first one to comment on this article.

Compare Brokers

Fool Disclosure

Sponsored Links

Leaked: Apple's Next Smart Device
(Warning, it may shock you)
The secret is out... experts are predicting 458 million of these types of devices will be sold per year. 1 hyper-growth company stands to rake in maximum profit - and it's NOT Apple. Show me Apple's new smart gizmo!

DocumentId: 2309174, ~/Articles/ArticleHandler.aspx, 9/26/2016 6:33:23 AM

Report This Comment

Use this area to report a comment that you believe is in violation of the community guidelines. Our team will review the entry and take any appropriate action.

Sending report...

Today's Market

updated 2 days ago Sponsored by:
DOW 18,261.45 -131.01 -0.71%
S&P 500 2,164.69 -12.49 -0.57%
NASD 5,305.75 -33.78 -0.63%

Create My Watchlist

Go to My Watchlist

You don't seem to be following any stocks yet!

Better investing starts with a watchlist. Now you can create a personalized watchlist and get immediate access to the personalized information you need to make successful investing decisions.

Data delayed up to 5 minutes

Related Tickers

9/23/2016 4:00 PM
ATEC $8.63 Up +0.38 +4.61%
Alphatec Holdings CAPS Rating: *****