NuVasive has agreed to acquire Impulse Monitoring, an intraoperative monitoring provider, according to a NuVasive news release.
NuVasive, which focuses on minimally invasive spine surgery products, will add its recent acquisition to its existing nerve monitoring system, NeuroVision, which is designed for discreet and directional nerve avoidance and detection during lateral access spinal procedures. The acquisition will increase the number of neurophysiologists who can set up NeuroVision.
The acquisition is in preparation for the future, as IOM is expected to grow 15 percent annually over the next few years. The company expects Impulse Monitoring to contribute $8 million to its fourth quarter revenue and continue growing in 2012.
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The acquisition is in preparation for the future, as IOM is expected to grow 15 percent annually over the next few years. The company expects Impulse Monitoring to contribute $8 million to its fourth quarter revenue and continue growing in 2012.
Related Articles on Spine Device Companies:
Titan Spine Receives FDA Clearance on ALIF Spinal System
Captiva Spine Receives FDA Clearance for Pedicle Screw System
Spine Device Company Intrinsic Therapeutics Names Cary Hagan President & CEO