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Audubon, Pa. (November 4, 2009) –Globus Medical, Inc., the largest privately held spinal implant manufacturer in the world, today announced record revenues for the third quarter.  Revenue for the quarter ended September 30, 2009 reached $66.2 million, an increase of 46 percent over the comparable period in 2008.  On a year-to-date basis, the Company reported revenues of $186.7 million, a 45 percent increase over the same period last year. (more…)

Globus Medical launched the COALITION ACDF Spacer System. The device combines a PEEK interbody spacer with a titanium alloy plate and two titanium alloy screws, and the company says the design “reduces procedural steps, minimizes retraction and lags the spacer to the vertebral endplates to compressively load the fusion area.”

Dr. Robert J. Banco, an Orthopaedic Spine Surgeon with The Boston Spine Group in Boston, Mass. said, “Unequivocally, COALITION(TM) offers my patients the best possible solution of current cervical stand alone fusion treatments. The selection of spacer footprints and screw offerings provide unparalleled options for the varying anatomies in my patient population. I have found the innovative delivery system and design minimizes intra-operative fiddle factor while saving time.”

“Providing my patients a zero-profile offering with minimized esophageal retraction while retaining the same biomechanical stability of the standard of care is extremely beneficial,” added Dr. Andrew Clavenna, an Orthopaedic Spine Surgeon with The Carrell Clinic in Dallas, Texas. “This allows my procedures to be less invasive and less disruptive, which may quicken recovery.”