Silony Medical International AG, a rising contender challenging the established players in the global spinal fusion market, has entered into a definitive agreement to acquire Centinel Spine's Global Fusion Business. This strategic move combines Silony's innovative Verticale® posterior screw & rod fusion System, its Roccia® and Favo® Interbody Fusion (IBF) Systems, with Centinel Spine's STALIF® Technology Platform, forming a comprehensive Spinal Fusion Portfolio covering occiput to sacrum, encompassing posterior, lateral, and anterior approaches for both open and minimally invasive spinal fusion procedures.

Constantin Schoen, CEO of Silony, expressed the significance of this acquisition, stating, "Incorporating Centinel's Fusion Products into Silony's portfolio substantially bolsters our technological prowess and global presence, all while maintaining synergy across our product lines and sales regions. This merger of stand-alone and screw-integrated cervical and lumbar solutions with our primarily posterior capabilities is a strategic step that will further propel our worldwide expansion."

Beyond technology and geographical expansion, Silony will also gain a team of professionals from Centinel Spine, renowned for their expertise in the anterior fusion market, contributing to enhanced patient care. Silony remains dedicated to fostering enduring partnerships and eagerly anticipates continued collaboration with established STALIF® distributors, surgeons, and hospital partners worldwide.

The completion of this transaction is anticipated within 45 days, and specific terms of the agreement have not been disclosed.

 

Source: prnewswire.com

Report Abuse