Aurora Spine Receives Australian TGA Clearance for ZIP Ultra(TM) MIS Interspinous Fusion System
February 21 2014 - 9:01AM
Marketwired
Aurora Spine Receives Australian TGA Clearance for ZIP Ultra(TM)
MIS Interspinous Fusion System
CARLSBAD, CALIFORNIA--(Marketwired - Feb 21, 2014) - Aurora
Spine Corporation (TSX-VENTURE:ASG) announced today that it has
received Australian Therapeutic Goods Administration (TGA)
clearance for the ZIP Ultra™ Interspinous Fusion System. Providing
surgeons and patients with next generation technology, the ZIP is a
minimally invasive (MIS) spinal fixation device for spinal fusion
and was developed as an alternative to the pedicle screw systems
prevalent in the market.
The ZIP Ultra Interspinous Fusion System is listed on the
Australian Register of Therapeutic Goods (ARTG #219670) website.
The Therapeutic Goods Administration (TGA) is part of the
Australian Government Department of Health. The TGA is responsible
for regulating therapeutic goods, including medicines, medical
devices and blood and blood products supplied in Australia.
"The receipt of the Australian Therapeutic Goods Administration
(TGA) clearance is a significant step forward in Aurora Spine's
expansion into the global Minimally Invasive Spinal Device market,"
says Brent Johnston, Chief Commercialization Officer of Aurora
Spine. "Aurora Spine will continue to strive to bring improved
fusion technology to patients and position itself as a leader in
spinal technology."
About Aurora Spine
Aurora Spine is an early stage company focused on bringing new
solutions to the spinal implant market through a series of
innovative, minimally invasive, regenerative spinal implant
technologies.
Forward-Looking Statements
This news release contains forward-looking information that
involves substantial known and unknown risks and uncertainties,
most of which are beyond the control of Aurora Spine, including,
without limitation, those listed under "Risk Factors" and
"Cautionary Statement Regarding Forward-Looking
Information" in Aurora Spine's final prospectus (collectively,
"forward-looking information"). Forward-looking information in this
news release includes information concerning the proposed marketing
and commercialization of Aurora Spine's products in certain global
markets. Aurora Spine cautions investors of its securities about
important factors that could cause Aurora Spine's actual results to
differ materially from those projected in any forward-looking
statements included in this news release. Any statements that
express, or involve discussions as to, expectations, beliefs,
plans, objectives, assumptions or future events or performance are
not historical facts and may be forward-looking and may involve
estimates, assumptions and uncertainties which could cause actual
results or outcomes to differ unilaterally from those expressed in
such forward-looking statements. No assurance can be given that the
expectations set out herein will prove to be correct and,
accordingly, prospective investors should not place undue reliance
on these forward looking statements. These statements speak only as
of the date of this press release and Aurora Spine does not assume
any obligation to update or revise them to reflect new events or
circumstances.
Aurora Spine CorporationTrent NorthcuttPresident and Chief
Executive Officer(760) 424-2004Aurora Spine CorporationEric
FronkChief Financial Officer(760) 424-2004www.auroraspine.us
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