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Vertos Medical

vertosmed.com

Founded Year

2005

Stage

Convertible Note - II | Alive

Total Raised

$146.02M

Last Raised

$16.81M | 1 yr ago

About Vertos Medical

Vertos Medical is a medical device company committed to developing minimally invasive treatments for lumbar spinal stenosis (LSS). Its proprietary technologies include mild®, which offers a safe, outpatient, minimally invasive, fluoroscopically guided therapeutic LSS treatment that requires no general anesthesia, no implants, and no stitches. LSS is primarily a degenerative, age-related narrowing of the lower spinal canal that causes symptoms of pain and numbness in the lower back, legs, or buttocks. mild® treats this condition by restoring space in the spinal canal using specialized mild® devices to remove hypertrophic ligamentum flavum through a 5.1 mm treatment portal. Clinical trials show that mild® can help LSS patients stand longer and walk farther with less pain1, and no major device-related complications have been reported.2

Headquarters Location

95 Enterprise Suite 325

Aliso Viejo, California, 92656,

United States

877-958-6227

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Expert Collections containing Vertos Medical

Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.

Vertos Medical is included in 2 Expert Collections, including Medical Devices.

M

Medical Devices

8,802 items

Companies developing medical devices (per the IMDRF's definition of "medical device"). Includes software, lab-developed tests (LDTs), and combination products. *Columns updated as regularly as possible.

H

Health IT

7,901 items

Vertos Medical Patents

Vertos Medical has filed 1 patent.

The 3 most popular patent topics include:

  • Bones of the vertebral column
  • Neurosurgery
  • Orthopedic surgical procedures
patents chart

Application Date

Grant Date

Title

Related Topics

Status

4/8/2020

5/3/2022

Bones of the vertebral column, Orthopedic surgical procedures, Surgical removal procedures, Neurosurgery, Skeletal system

Grant

Application Date

4/8/2020

Grant Date

5/3/2022

Title

Related Topics

Bones of the vertebral column, Orthopedic surgical procedures, Surgical removal procedures, Neurosurgery, Skeletal system

Status

Grant

Latest Vertos Medical News

Vertos Medical Appoints New Vice President of R&D

Nov 21, 2022

News provided by Share this article During Company's Transformative Growth Phase ALISO VIEJO, Calif., Nov. 21, 2022 /PRNewswire/ -- Vertos Medical Inc., a leader in the development of innovative, minimally invasive treatments for lumbar spinal stenosis (LSS), today announced the appointment of Mehrzad Khakpour, PhD as Vice President of Research and Development. Dr. Khakpour will be responsible for directing all aspects of research and development for the company. Mehrzad Khakpour, Vice President of Research and Development, Vertos Medical Inc. Dr. Khakpour brings a wealth of both technological innovation and product development experience to his role at Vertos, in addition to extensive medical device experience from inception to IPO. He was most recently at Sonendo Inc., a medical technology company focused on saving teeth from tooth decay with industry-first dental innovation, where he was responsible for the development and management of the product portfolio and roadmap for the past 14 years. He holds a BS in mechanical engineering from Sharif University of Technology, an MS in mechanical engineering from the University of Minnesota, and a PhD in mechanical engineering from the University of California, Riverside. Additionally, he will soon complete the Chief Product Officer Program at Kellogg Executive Education, Northwestern University. "Mehrzad joins the Vertos team at a pivotal time of growth and transformation as we continue to evolve the mild® Procedure and also look to expand treatment options for patients suffering from back pain," said Eric Wichems, President and CEO of Vertos Medical. "Mehrzad's extensive experience building and managing results-oriented, innovative, and agile R&D teams makes him a great asset to our organization." "I'm excited to join the Vertos team during this time of significant growth," said Mehrzad. "The Company's relentless pursuit to improve patients' quality of life requires a commitment to continual innovation that I am excited to be a part of moving forward. I am eager to develop a robust product pipeline that will provide additional therapies to treat patients suffering from low back pain." About Vertos Medical Inc. Vertos Medical is an interventional pain company committed to developing innovative, minimally invasive treatments for lumbar spinal stenosis (LSS). mild®, its proprietary technology, is an image-guided outpatient procedure that removes a major root cause of lumbar spinal stenosis (LSS) through an incision smaller than the size of baby aspirin and doesn't require implants, general anesthesia, or stitches. The mild® Procedure has been clinically demonstrated to have safety outcomes similar to injections with durability out to 5 years, and patients typically return to activities of daily living within 24 hours with no restrictions. mild® is nationally covered by Medicare and has been performed on over 55,000 patients. Vertos Medical headquarters is located in Aliso Viejo, CA. To learn more and view clinical data, visit www.Vertosmed.com . SOURCE Vertos Medical Inc.

Vertos Medical Web Traffic

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Vertos Medical Frequently Asked Questions (FAQ)

  • When was Vertos Medical founded?

    Vertos Medical was founded in 2005.

  • Where is Vertos Medical's headquarters?

    Vertos Medical's headquarters is located at 95 Enterprise, Aliso Viejo.

  • What is Vertos Medical's latest funding round?

    Vertos Medical's latest funding round is Convertible Note - II.

  • How much did Vertos Medical raise?

    Vertos Medical raised a total of $146.02M.

  • Who are the investors of Vertos Medical?

    Investors of Vertos Medical include ONSET Ventures, Pitango Venture Capital, MVM Partners, Aweida Venture Partners, SVB Leerink and 6 more.

  • Who are Vertos Medical's competitors?

    Competitors of Vertos Medical include NeoChord, Stratasys, Onkos Surgical, restor3d, Kumovis, Neo, Centinel Spine, Markforged, Formlabs, Nexa3D and 40 more.

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