Titan Spine President and CEO Peter Ullrich, MD, built the company to address an unmet need for spinal fusion surgery, according to Wisconsin radio station WUWM 89.7 FM.
Five takeaways:
1. Dr. Ullrich came up with the idea to place a titanium spacer between vertebrae during spinal fusion surgery when he was a young spine surgeon in Neenah, Wis.
2. Seeing that the invention could improve patient outcomes, Dr. Ullrich partnered with businessman Kevin Gemas to start Titan Spine.
3. The company now employs 134 people and is a leading provider of surface-enhanced titanium interbody implants. Its innovative nanosurface technology helps stem cells mature into bone-healing cells.
4. In June, Medtronic acquired Titan Spine for an undisclosed amount.
5. Around the same time, Dr. Ullrich was named among the 10 recipients of EY's Entrepreneur Of The Year 2019 Midwest Award. He won the business innovation category and will compete in EY's National Entrepreneur of the Year Awards in November.
More articles on spine:
Johnson & Johnson, Stryker & more: How 8 companies are performing in spine
DJO, SeaSpine & more: 4 device company launches, releases
7 key updates on Globus Medical in 2019