Medicrea issued its 2018 fourth quarter and full-year financial results.
Five financial details:
1. For the fourth quarter, the company recorded $9.12 million in sales, representing a 30 percent increase year over year.
2. Medicrea's full-year sales were $36.83 million, reflecting a 22 percent increase year over ear.
3. The company is known for its UNiD Adaptive Spine Intelligence software platform. To date, nearly 3,200 UNiD surgeries have been performed.
4. In 2018, 1,250 UNiD surgeries were performed. This is up 53 percent compared to 2017.
5. At the end of 2018, Medicrea received authorization to manufacture its LigaPASS, a spinal ligament-plasty product.