SpineGuard® has signed an exclusive licensing agreement with Adin Dental Implant Systems for the use of SpineGuard’s Dynamic Surgical Guidance (DSG™) technology in the field of dental implantology.
Background
SpineGuard develops and markets disposable medical devices designed to make spine surgery safer. Adin develops, manufactures and sells products and services in the dental field, offering state-of-the-art innovative technological solutions to its customers worldwide.
SpineGuard’s DSG™ (Dynamic Surgical Guidance) technology claims to bring real-time digital technology into the operating room. The technology facilitates safer screw placement in spine surgery by alerting surgeons to potential pedicular or vertebral breaches. As such it is thought to have the potential to do the same in other types of surgery.
SpineGuard and Adin have identified three major dental applications for DSG™ with an estimated combined potential of 8 million dental procedures. Among other terms, the deal between the two companies includes technology transfer, product development support, upfront, milestones and royalty payments.
Company comments
for SpineGuard
“This licensing agreement is a big step forward for SpineGuard as it demonstrates the potential of our DSG™ technology beyond spine surgery,” said Pierre Jérôme, CEO and co-founder of SpineGuard. “From the beginning of our discussions with Adin’s team, we shared a clear vision and contagious enthusiasm. Both increased as we validated the feasibility of using DSG™ in dental applications, outlined the product development plan and defined mutually agreeable business terms. The number of dental implant procedures which could potentially benefit from DSG™ is about eight times bigger than instrumented spine fusions with a strong demand for technologies bringing meaningful innovation, facts that drive really exciting perspectives for SpineGuard.”
for Adin
“The collaboration with SpineGuard is an important step toward making this innovative technology accessible to Adin’s patients and doctors, which form Adin’s client-base,” added Eyal Milman, CEO and co-founder of Adin. “Adin is wholeheartedly committed to make use of, and provide accessibility to, innovative technologies in the dental field, with the purpose of allowing hundreds of thousands of dentists worldwide to perform procedures once considered complex and complicated, in a faster, simpler and more secure way. Adin finds this highly innovative DSG™ technology suitable for this purpose of making such treatments accessible for millions of patients. With SpineGuard, Adin not only has found a best-fitting technology, but also an amazing team. Adin is full of excitement for the future of this partnership”
“Modern Dental Implantology is derived and developed from the orthopedic field due to the immense contribution of Prof. Per-Ingvar Brånemark. It is only obvious and expected that the technologies of Adin and SpineGuard complement and synergize with one another. Both teams are confident and determined to open new treatment options that will allow surgeons to perform complex surgeries in both accurate and minimally invasive ways. We look forward to implementing and expanding the DSG™ technology in maxillofacial applications, and are committed to improving the treatment options, safety and quality of life of our patients,”concluded Professor Adi Lorean, maxillofacial surgeon in Tel Aviv, Israel, and member of Adin’s Scientific Advisory Board.
Source: SpineGuard
published: July 4, 2017 in: Company News, Oral/Maxillofacial, Spine, Technology