For Release: 7:00 am EST 09-07-2006
Facet Solutions, Inc. receives U.S. Patent for a combination
spine disc and facet joint replacement
LOGAN, UTAH (September 07, 2006) – Facet Solutions, Inc.
announced today that it received a landmark patent issued by
the United States Patent and Trademark Office (USPTO). The patent
provides claims related to a combination device comprised of
an intervertebral disc and a facet joint prosthesis. Facet Solutions
holds a number of foundational patents covering facet related
motion preservation technology, some dating back to 1995. The
company’s newest patent, U.S. Patent 7,090,698, provides
the framework for patient solutions to the entire spinal motion
segment which includes the facet joints between two vertebrae
and the associated intervertebral disc.
Facet Solutions has developed the ACADIA™ Facet Replacement System (ACADIA™), the first anatomic facet arthroplasty
device designed to provide lumbar spinal stenosis and facet
degeneration patients with a motion preserving alternative
to fusion. Currently the company is involved in an FDA Investigational
Device Exemption (IDE) study of its facet arthroplasty system.
This latest patent further expands our dominant intellectual
property position in facet arthroplasty, and it further enforces
Facet Solutions’ position as a leader in spine motion preservation
technology,” stated Alan Chervitz, President and CEO of
Facet Solutions, Inc. “We continue our commitment to building
a strong portfolio of intellectual property which is focused
on improving the outcome and surgical options for patients with
back and leg pain. This new patent coupled with the unobstructed
access to the disc created in our ACADIA procedure opens up exciting
opportunities for posterior repair and replacement of the disc
and facet joints in a single surgical procedure.”
*Note: ACADIA™ is an investigational device in the United
States. It is limited by United States (U.S.) Federal Law for
investigational use only.
About Facet Solutions
Facet Solutions, Inc. is a privately held, venture backed company
that is focused on developing and commercializing surgical devices
for the Treatment of facet related spinal disorders. Facet Solutions
has received venture capital from its partners De Novo Ventures,
Pequot Ventures, and Spray Venture Partners. Facet Solutions
is FDA registered and is certified to ISO 13485.
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President and CEO
Facet Solutions, Inc.
124 South 600 West
Logan, UT 84321