K2M is a global complex spine and minimally invasive solutions company. It is focused on building a comprehensive portfolio of 3-D-printed solutions to address the full range of spinal pathologies.
Here are 10 things to know about K2M.
1. Orthopedic spine surgeon John Kostuik, MD, and Eric Major co-founded the company. Dr. Kostuik currently serves as CMO and Mr. Major serves as chairman, CEO and president.
2. K2M's Balance ACS is a platform of products, services and research to help surgeons achieve 3-D spinal balance across the axial, coronal and sagittal planes.
3. In December 2017, K2M launched the CAPRI Cervical 3D Expandable featuring Lamellar 3D Titanium Technology, the first 3-D-printed expandable corpectomy cage with cervical indications.
4. The company reported revenue between $257.5 million and $258.1 million for fiscal year 2017, a 9 percent year-over-year increase.
5. K2M launched its Yukon OCT Spinal System at the 34th American Association of Neurological Surgeons Annual Meeting, held from March 14 to March 17 in Orlando, Fla. The system is designed to help surgeons restore cervical sagittal balance through posterior fixation. It features a new top-loading polyaxial screw with high angulation.
6. In 2017, K2M acquired the exclusive license to an expandable spine implants product portfolio, including 17 interbody technology patents.
7. In October 2017, K2M acquired Cardinal Spine's PALO ALTO Cervical Static Corpectomy Cage System, the first static corpectomy cage in the world to receive a cervical FDA 510(k).
8. K2M entered into a compatibility and co-marketing agreement allowing K2M to leverage Brainlab's various portfolios, including imaging, software and navigation systems. K2M intends to design its navigated spinal systems to address both open and minimally invasive spine surgical approaches.
9. K2M launched the Everest Minimally Invasive XTower instrumentation globally, an enhancement to the Everest MI XT Spinal System. The XTower provides a new surgical solution for treating complex deformities to achieve 3-D spinal balance. XTower instrumentation includes an entire tab-to-screw assembly providing rigid reinforcement of the Everest MI XT screw tabs.
10. K2M signed a long-term exclusive distribution agreement with Mitsubishi subsidiary Japan Medicalnext for the distribution of K2M's spinal technologies. K2M secured registrations from Japan's Pharmaceuticals and Medical Devices Agency for various products, including its MESA and EVEREST Spinal Systems. "We look forward to this partnership enhancing our potential to increase our market share beyond our existing relationships in Japan's estimated $300 million spine market," Mr. Major said.
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