Spinal tools company Zyga Technology received FDA clearance for its SImmetry Sacroiliac Joint Fusion System, designed for minimally invasive surgery to eliminate lower back pain by stabilizing the sacrum — vertebrae at the base of the spine which connect the spine to the pelvis.
In its FDA application, the device, essentially a titanium bone screw, was compared to existing products by Switerzerland’s Synthes, Johnson & Johnson’s orthopedic division DePuy, and California’s SI Bone.
The company, based in Eden Prairie, Minnesota, has raised at least $9.75 million since 2008, according to SEC filings. Backers have included Split Rock Partners and Domain Associates. Expertise offered by Excelen, an orthopedics incubator, also helped Zyga get started. Before starting Zyga in 2008, CEO Robert Assell oversaw product development at TranS1, a North Carolina-based spine technology company.
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