Healthcare Equipment and Supplies
Company Overview of AOI Medical, Inc.
Company Overview
2100 North Alafaya Trail
Suite 100
Orlando, FL 32826
United States
Founded in 2004
Phone:
407-770-1800
Fax:
407-770-1801
Key Executives for AOI Medical, Inc.
AOI Medical, Inc. Key Developments
AOI Medical, Inc. Presents at 12th Annual Needham Healthcare Conference, Apr-30-2013 08:40 AM. Venue: The Westin Grand Central Hotel, 212 East 42nd Street, New York, New York, United States.
AOI Medical, Inc. has received FDA 510(k) clearance for its Ascendx VCF Repair System. Previously, the Company has received FDA clearance for its Ascendx Acu-Cut Vertebral Augmentation System. Both products, which are used to treat vertebral compression fractures (VCF), are also approved for marketing in Europe. A vertebral compression fracture forces a vertebra to collapse, and the spinal column above it to assume an abnormal forward curve, resulting in considerable back pain and a hunchbacked appearance. Current standard procedures for treating VCFs are 'vertebroplasty' and 'kyphoplasty.' While traditional technologies require passing next to both sides of the spinal cord to reach the entire vertebral body, the Ascendx products are designed to achieve this through minimally invasive single-sided access. The Ascendx VCF Repair System is designed to enable the physicians, including spine surgeons and interventional radiologists, to place a single bolus of bone cement (PMMA) in the center of the vertebra with the balloon still inflated.
AOI Medical, Inc. announced that it has begun commercial shipments to Europe of its Ascendx VCF Repair System to treat vertebral compression fractures (VCF). The company's distribution network includes Germany, Austria, Switzerland, Italy, Portugal, Spain, Turkey and France.
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Private Placement
September 19, 2012 |
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