LDR Opens New and Expanded Global Headquarters in Austin, Texas

LDR Opens New and Expanded Global Headquarters in Austin, Texas

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AUSTIN, Texas, Dec 12, 2011 (BUSINESS WIRE) — LDR, a privately held medical device company and a leader in zero-profile technology for both non-fusion and fusion spine applications, announced that it has moved into a new, larger office facility. The new office complex increases LDR’s presence in Austin, Texas and more than doubles the previous office and warehouse space utilized by the company. Located in one of the fastest-growing quadrants of the Austin area, the new facility was designed and constructed to specifically meet LDR’s needs as a medical device company and also features significantly expanded training capacity for surgeon customers and sales professionals.

Christophe Lavigne, President and CEO of LDR, comments, “Over the last few years we have quickly outgrown the space we have held since opening the U.S. office in 2005 and it is critical that we have an infrastructure capable of supporting our rapid growth in the U.S. and around the world. In addition, offering an outstanding work environment will help us to attract top talent to our growing Austin medical device workforce. As a company we are focused on ensuring that our organization and our facilities are of the highest quality and capable of supporting our current and future operations, and our strengthening position in the U.S. market.”

Mr. Lavigne continues, “Looking forward, LDR will continue to introduce innovative products into the global spine markets. In addition to the anticipated U.S. approval of the Mobi-C(R) Cervical Artificial Disc, we will be introducing several new products over the upcoming twenty four months for both thoracolumbar and cervical applications. In addition, an expanded U.S. presence will allow us to better partner with our international offices in France, Germany, China, Korea, Brazil and elsewhere.”

LDR was founded in 2000 by partners Christophe Lavigne, Herve Dinville and Patrick Richard in Troyes, France. Currently headquartered in Austin, TX, LDR has experienced rapid growth through product portfolio expansion and an increasingly global presence. LDR develops unique implantable spine devices and instrumentation designed to support the clinical goals of surgery while making procedures easier to perform. More information is located at www.ldrholding.com .

(C)2011 LDR Holding Corporation, All Rights Reserved

SOURCE: LDR

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