Winston-Salem, NC (PRWEB) April 20, 2009 — VG Innovations, Inc (VGI), announced today that it will soon launch its’ revolutionary new minimally invasive spine stabilization system, called VerteLoc™, in Europe.
VerteLoc™ is designed to address minor spinal instabilities by effectively stabilizing the spinal facets, which are multi-directional joints of the spinal column.
“The company has signed a lucrative distribution contract with a formidable European distributor,” stated VGI’s President and CEO, Dan Grayson. “The sales from Europe will serve to increase our overall 2009 revenue projections by 10 to 15%. We have plans to expand our distribution to cover a broader scope of the global market in 2010,” Grayson continued.
In the United States, the VerteLoc™ system has already made a significant difference in the way surgeons have chosen to address minor spinal instabilities in over 300 patients with more than 500 spinal levels implanted to date. The patent pending design of the VerteLoc™ implant, which combines two unique geometric shapes and innovative directional instrumentation, is designed to allow surgeons to replicate the VerteLoc™ procedure regarding a variety of spinal disease indications and surgical approaches.