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MEDICAL TECHNOLOGY
Untitled Page Published: October 20, 2009 10:36 AM



Vertos Medical, continued ...

“We believe this combination uniquely positions Vertos for significant growth and will provide a healthy return on our investment,” continues Ryan.

Approximately 900,000 Americans undergo some type of treatment for LSS every year involving pain medications or steroid injections, but these treatments tend to wear off or lose effectiveness over time. Many patients are not considered appropriate candidates for traditional invasive back surgery. Mild offers an alternative image-guided procedure, performed through a portal that is smaller than the diameter of a pencil.

“This sizeable financing is an important milestone for Vertos and demonstrates recognition of the market potential of our Mild procedure,” says James Corbett, president and CEO of Vertos. “We are grateful to have the backing of high-caliber venture partners, including ONSET Ventures, as we endeavor to bring the mild solution to physicians and patients across the country.”

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