Medical Devices & Tech

Rachiotek (Formerly Applied Spine Technologies)

70 Walnut Street
Wellesley, MA 02481 USA
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Research Sector Medical Devices & Tech

Summary Description Treatment of chronic low back pain.

Management Craig Corrance, President & Chief Executive Officer; Terry Brennan, Chief Financial Officer; Michele Lucey, Vice President, Regulatory & Quality; Bruce Robie, PhD, Vice President, Research & Development; Manohar Panjabi PhD, Scientific Founder

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Keywords: non-fusion, platform utilizing, patented, dual-spring, mechanism


Updated: Dec. 11, 2014


Applied Spine Technologies (AST) develops the Stabilimax NZ to treat chronic lower back pain.......view more

Products / Services

Stabilimax NZ is a posterior Flexible Stabilization system designed to support an injured or degenerated spine while preserving spine motion and flexibility......view more

Technology / Differentiation

Requiring no tissue removal or replacement, the Stabilimax NZ device is a substantially less invasive option for many of the patients who are currently offered fusion or disc replacement....view more

Market / Customers

Of the 30 million patients who report back pain annually in the U.S., over 4.5 million fail conservative treatment and approximately 500,000 of them undergo surgery of the lumbar spine. Currently, wor......view more

Revenue / Funding

Operations began in February 2004 upon funding from Oxford Bioscience Partners and BioVentures Investors. Subsequent funding has been received from InterWest, DeNovo, Investor Growth Capital, and MB V...view more