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Aurora Spine Corp V.ASG

Alternate Symbol(s):  ASAPF

Aurora Spine Corporation is a designer and manufacturer of medical devices. The Company is engaged in the development and distribution of minimally invasive, interspinous fusion systems and devices. Its product line includes implants, surgical tools and biologics. Its implants include Cervical Products, Thoraco-Lumbar Products, and SI joint products. The surgical tools include Anterior Disc Prep, Posterior Disc Prep and Compass 4D Retractor System. The biologics consist of ZIP Graft and SiLO Si-Fusion. The Company is focused on DEXA technology, which opens up treatment for osteoporotic patients. It offers DEXA-C Cervical Implants Featuring Visual Density Markers, and DEXA -L Standalone Anterior Lumbar Interbody Fusion System.


TSXV:ASG - Post by User

Post by Topdog2022on Jun 06, 2022 8:39am
112 Views
Post# 34733465

Wonderful news for Aurora Spine

Wonderful news for Aurora SpineThis is great news for Aurora Spine.  Their DEXA-C cervical implant was rolled out in Q1 in a controlled rollout to 2 doctors.  The results from this DEXA-C Q1 slow rollout produced sales of approx $280k USD or 7.9% of entire company sales from their first ever quarter of sales.  DEXA-C is now being rolled out to 9 more doctors in Q2 as part of their secondary phased in rollout before full Alpha release.  Now that DEXA-L has been FDA approved I presume this device will be offered through the same channels.

The big news announcement will be when SILO TFX gets FDA approval which management believes will come sometime later this month.  This device is an industry game changer..  Why? A third party study completed of Silo TFX compared to the leading devices in this space from Medtronic and Si-Bone showed that SiLO TFX had 76% better fixation.  Also it only requires one incision versus three versus the competitors which means faster healing times.  
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