New York-based Companion Spine LLC has acquired Backbone SAS.
Founded in 2015 and based in France, Backbone designs, develops, manufactures and markets implantable medical devices for spine surgery. The acquisition of Backbone by Companion Spine strengthens the company’s scientific link with the School of Spine Surgery of the University of Bordeaux.
Founded in 2020, Companion Spine specializes in the diagnosis and interventional and surgical treatment of spine conditions. Companion Spine’s technologies and solutions target degenerative disc disease and lumbar spinal stenosis.
According to data captured from the LevinPro HC database, this acquisition represents the 11th Medical Devices deal of 2023. There were 120 Medical Devices transactions in 2022. Terms of the deal were not disclosed.
