TSB thinks that based on the information it could be X-Spine or US Spine. We don't claim to know everything, but one thing we know we get a lot of breaking news before some of the other platforms in the industry. So in the spirit of having some fun, whom do our readers believe that Amedica paid $40 samollions for? TSB wants to know what you think?
Thursday, June 17, 2010
Let's Make a Deal - What's Behind Door Number 3
No fellow readers, it's not Monty Hall asking Jay Stewart to open door number 3. Surprise, it was reported today that Amedica made an acquisition of a spinal implant company for $40 million. Could it be Atlas? No! Could it be Custom Spine? TSB heard that after Amedica kicked the tires on this company, the powers to be thought that Bennett and Abdelgany were smoking too much ganja in their hookah pipe. So who could this company be?
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I have heard the same rumors, MM, but it's not us. I do have respect for Ben Shappley, and I'm sure any transaction he makes will make sense. Keep up the good work.
ReplyDeleteDavid Kirschman
CEO
X-spine
probbly a company in the 13 mill range. don't think it's us spine - they are firmy in fac. fusion and i'm guessing amedica wants to acquire an expansive portfolio (me-too or not) that they can sell together with their IB. life spine perhaps?
ReplyDeleteI'm guessing Vertiflex's sales booth & office furniture. Or did you mean, the wholeshah-bang?
ReplyDeleteWhoever it was/is, I guess, "The Price Is Right". aaaaaaaaarrrrrrgh... I kill myself.
ReplyDeleteI can't wait to see the showcasee showdown... they passed on those companies... but, what is the super show case. lol
Good source TSB... now who is it though?
Spine 360 perhaps?
ReplyDeleteLife Spine sounds like a good bet, US Spine, Spine 360, Care Spine, Spine Frontier..... maybe. Vertiflex? Custom Spine? To kick those tires, you would need a lot of Armour All, a few pine scented air fresheners and Earl Scheib (I'll paint any car for $99!), himself to make those two look good. Keep your eye on those two, turn around, globus may walk away with the AM/FM cassette stereo and their tires, too.
ReplyDeleteUS Spine - confirmed.
ReplyDeleteTSB-I don't personaly know you or the people at Custom Spine but you seem to always have an axe to grind with a racist edge!
ReplyDeleteIt will be interesting to see if the deal actually closes after a full due-diligence is completed. A careful analysis will need to be made of sales to SAB members versus outside surgeons. If a large percentage of sales is to insiders, their revenue will have to be heavily discounted.
ReplyDeleteThere was some speculation that the same issues could have negatively affected the presumptive K2M/S&N merger.
US Spine? 40 million? No Way
ReplyDeleteAnonymous 8:45
ReplyDeleteJust stating what the investment community reported to TSB. Have you ever smoked ganja out of a pipe? If you have, it would cloud your senses too. Racist? You"re not serious, either that or you"re smoking ganja out of your hookah.
So Amedica will be selling Peek and Ceramic/Silicon Nitride? Haven't they been telling the market that Silicon Nitride is better than the Mee Too Products?
ReplyDeleteThe word is that Amedica paid $15 million plus some stock for US Spine. If true, congrats to Doris Blake and her family, jump on your horses and get out of dodge as fast as you can.
ReplyDeleteI have heard, from a very reliable source, that the company Amedica has agreed to purchase for $40 mil is..........Medtronic. It is rumored that this acquisition is a strategic move intended to provide Amedica with an immediate and significant presence in the ultra-lucrative "human-head" segment of the market.
ReplyDeleteI can't believe this only has 14 comments. Come on you bitches... show me some color on this!
ReplyDeleteUS-Spine has not been bought. if i had a dollar for everytime i heard that, i would be rich. They have some sweet products but unfortunately with the new mgmt and high turnover ratios, nobody there sems to know what to do with the products.......
ReplyDeleteNobody has asked - where would Amedica even get the $40mm in cash for an acquisition? If it isn't a cash deal, then just trading paper of one private company for another doesn't have any relevance on deal value - its relative ownership. So, if Amedica were to have the support of its existing or new financial partners, I couldn't imagine that their valuation would be higher than $100mm (post-money), which would imply $60mm pre-money. I don't know any details or information, but it just seems...improbable...
ReplyDeleteJust checked a few sources... Amedica is shopping, see the article at www.sltrib.com. Second, what happened with Ashok Khandkar, the founder?
ReplyDeletewhose amedica and us spine? just kidding
ReplyDeleteAmedica is so well financed(some 100 million to date), and run by seasoned stars of the orthopedic industry(ben shappley) that whatever decision they make will certainly be strategic and well planned....
ReplyDeleteit will be iteresting to watch the next steps..
ReplyDeleteMM, from what I have heard anything but congrats should go to Doris Blake. Besides the huge nepotism that exists at US Spine her mis-management has prevented their technology from achieving great things.
ReplyDeletealso heard that spine 360 has issues and cant sell....heard that us spine has several bidders and prices were in excess of 50m...products have drawn interest from the big players in spine....heard that S & N might be looking at Globus as well.....
ReplyDeleteThe buzz is that Amedica has raised a slug of fresh capital and has been looking for a tuck-in acquisition to grow sales and breadth of products. I find it impossible to believe that ANYONE is raising money in this environment... But if that's true, then it is a pretty clear manifestation that 1) Amedica's ceramic technology is the real deal and 2) the majors better watch their lower spines!
ReplyDeletethey are buying TSB.
ReplyDeleteThis blog is good, but not updated enough. No new threads for 8 days. A good blog should have at least one new thread per day - even if it's just a link to an interesting news item.
ReplyDeleteIf TSB is too busy, why not recruit some guest bloggers? It would be interesting to hear some other voices in spine.
I believe TSB may be dealing with someone who is using his moniker. I note some "administrator" deletions.. of supposedly his own posts.
ReplyDeleteMaybe yes, maybe no.
TSB is up for sale!
ReplyDeleteIf Amedica acquires US Spine, does that mean zero plus zero equals anything?
ReplyDeleteJust sayin...
If Amedica acquired US Spine, it seems to me like that would be one plus one equals three.
ReplyDeleteUS Spine is undercapitalized but has great technology in their Facet Gun and other hardware.
Amedica has a ceramic technology that will likely replace peek in a few years.
The combined company, if properly capitalized and managed, could define the word, "Synergy".
I haven't seen anything to suggest that US Spine and Amedica are hooking up... Has that been confirmed?
NY Spine Doc
NY Spine Doc...Are you kidding? Define the word "Synergy" That is hilarious. Its 1 + 1 = 0. There are no clinical benefits to ceramic spacers, and the facet gun is a dog. You can't be a spine doc. You must work for Amedica. That is the most retarded post I've ever seen.
ReplyDelete...Two words, my ignorant friend: BONE ATTACHMENT. We are seeing actual bone attachment to Amedica's ceramic spacers within weeks after implant. Peek spacers represent a half billion dollar market in the US... but, bone doesn't attach to plastic! Talk to any physician who is actually working with this material and you will learn firsthand the definition of clinical benefits.
ReplyDeleteNY Spine Doc
Hearing that Amedica could be making a deal next week.
ReplyDeleteSo now that's it unofficially unofficial/official that Amedica purchased US Spine, now what? What do you think will happen next?
ReplyDeleteThe ship is starting to lay port side!
ReplyDeleteAmedica's pending $40 million acquisition just fell apart!!! The target didn't pass the due diligence test. I hear Amedica has other prospective candidates they are now focused on.
ReplyDeletewww.amedicacorp.com-IT'S OFFICIAL!!! Amedica/US Spine
ReplyDelete