Marquette's Pioneer Surgical Acquires New Technology
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Marquette-based Pioneer Surgical Technology Inc. and SpineSmith LP Friday announced a deal in which Pioneer Surgical will acquire exclusive rights to manufacture and distribute the Cequence anterior cervical plate. As part of the agreement, Pioneer Surgical will become the manufacturer of record and offer the Cequence system through its existing sales network, while adding SpineSmith as a distributor.
Said Jeff Millin, Pioneer Surgical CEO: “Cequence will play an immediate and strategic role in our efforts to expand our portfolio of spine products, providing greater service to our existing and future customers.”
The agreement was effective Oct. 6.
The Cequence anterior cervical plate features a simple, strong and reliable screw locking mechanism, multiple screw options and an intuitive set of instruments designed for efficient implantation.
“This deal is a win for both companies,” said Kevin Dunworth, SpineSmith CEO. “It enables SpineSmith to expand sales of Cequence and accelerate the development of innovative products. In the two years that Cequence has been on the market we have seen a high level of interest and adoption among our surgeon customers. We look forward to Cequence realizing its potential.”
Pioneer, founded in 1992, has more than 130 U.S. and foreign patents, with numerous patents pending. The company has a comprehensive portfolio of orthopedic, spine and biologic systems.
More at www.pioneersurgical.com.
Founded in Austin, Texas, in 2006, SpineSmith designs, develops and markets implants and biologics for surgical fixation, correction and tissue regeneration of the spine.
More at www.spinesmithusa.com.
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