WishBoneMedical expects to strengthen and expand its position in the paediatricorthopaedic market with addition of the new assets. Credit: Free-Photos from Pixabay.

US-based paediatric orthopaedic company WishBone Medical has acquired all assets of the privately held medical device companies Back 2 Basics Direct (B2B) and Orbbö Surgical.

The acquired companies specialise in research, development and commercialisation of sterile packaged implants and surgical instruments for spinal fusion.

Go deeper with GlobalData

Data Insights

The gold standard of business intelligence.

Find out more

Related Company Profiles

View all

These acquisitions provide WishBone with nine FDA-cleared, sterile packaged, spinal fusion product lines with year one revenue projections of over $12m.

The company hopes these acquisitions will boost its position in the paediatric orthopaedic market.

According to the company, its go-to-market strategy includes the incorporation of ‘Back 2 Basics’ carbon composite biomaterials platform to its product development roadmap. It is expected to help the company deliver a pipeline of ‘highly differentiated and disruptive technologies’ as part of its paediatric implant portfolio.

WishBone Medical chief revenue officer Kevin Blue said: “Our entry into the paediatric spine segment marks yet another important milestone in our company’s history.

How well do you really know your competitors?

Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.

Company Profile – free sample

Thank you!

Your download email will arrive shortly

Not ready to buy yet? Download a free sample

We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form

By GlobalData
Visit our Privacy Policy for more information about our services, how we may use, process and share your personal data, including information of your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.

“We’re always looking to provide highly differentiated products that deliver clinical benefits with the potential to dramatically improve the lives of paediatric patients worldwide. These latest transactions will continue to position WishBone as the leading provider of sterile packed, anatomically appropriate procedure kits in the wake of the Covid-19 era.”

In a separate development, Theator, a surgical intelligence platform leveraging artificial intelligence (AI) and computer vision, has partnered with the Academy for Surgical Coaching to offer AI-driven surgical intelligence to surgeons.

Under the partnership, Theator will provide its smart annotation and video analytics technology to the Academy for Surgical Coaching to allow surgeons to review and learn from their own past surgeries.

The company’s Surgical Intelligence platform is designed to aid surgeons in obtaining insights about their own surgeries and those of surgeons worldwide.

The Academy for Surgical Coaching is a non-profit organisation that provides surgeons with evaluations of surgical performance.