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Globus Medical: Medical Device Company

August 21, 2014

Globus Medical, Inc. was founded in 2003 and based in Audubon, Pennsylvania. The firm is a medical device company focusing on the design, development and commercialization of musculoskeletal implants that promote healing in patients with spine disorder.

The company offers around 120 products that meet a range of spinal pathologies, anatomies, and surgical approaches. Globus Medical fusion products are used in cervical, thoracolumbar, sacral, and interbody/corpectomy fusion procedures to treat degenerative, deformity, tumor and trauma conditions.

The firm’s disruptive technology products provide material improvements to fusion procedures, such as minimally invasive surgical techniques, as well as new treatment alternatives, which include motion preservation technologies like dynamic stabilization, total disc replacement and interspinous process spacer products, and advanced biomaterials technologies. It also offers interventional pain management solutions such as treatments for vertebral compression fractures.

Globus Medical has received pre-market approval for SECURE-C Cervical Artificial Disc. It is also conducting other medical trials for ACADIA Facet Replacement System, a motion preserving anatomic reconstruction of the facet joint intended for the treatment of spinal stenosis. The firm sells its implants and related disposable mainly to hospitals.

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