Accelus Archives - Medical Design Sourcing

Accelus adds duo of directors to its board

Bernie Haffey (left) and Kevin McGann (right). [Images courtesy of Accelus]Spine implant developer Accelus announced today that it appointed Kevin McGann and Bernie Haffey to its board of directors.

The Palm Beach Gardens, Florida-based company said the new appointments provide a strategic enhancement and align with its mission. Accelus aims to deliver innovative spinal solutions that elevate the surgical experience and improve patient outcomes. It raised $20 million to support that expandable spine implant technology just last month.

McGann currently serves as president and CEO at Accelus, a role he first took up in April 2023. He originally joined the company in 2019 and served in roles including the post of chief commercial officer. McGann brings extensive experience in the spine industry, with previous positions including the role of VP of sales at Stryker.

Additionally, McGann served as VP of U.S. sales for Medtronic Spine & Biologics and area dire…

Accelus picks up $20M to support expandable spine implant tech

Accelus announced that it received a significant financial investment through a $20 million debt facility from Symbiotic Capital.

Palm Beach Gardens, Florida-based Accelus says the strategic funding represents a critical milestone in the company’s journey. It aims to establish itself as the global market leader in expandable spinal implant solutions.

Adding the capital strengthens its balance sheet and enables Accelus to aggressively expand its salesforce. The company targets previously underpenetrated markets and hopes to progress its research and product development efforts. It singled out the efforts toward its flagship FlareHawk and Toro expandable interbody fusion systems.

The funding helps support the company’s renewed focus on its Adaptive Geometry technology with additional clinical studies. Accelus touts a unique design that demonstrates favorable fusion and patient outcomes in clinical reports. FlareHawk in particular c…

FDA clears Remi robot from Accelus for use with most spine surgery imaging systems

The Remi surgical robotic navigation system. [Image from Accelus]Accelus announced that it received FDA 510(k) clearance for its Remi robotic navigation system for use with GE OEC 9900 C-Arm fluoroscopic imaging systems.

Palm Beach Gardens, Florida-based Accelus designed Remi for robotic targeting and navigation. It assists surgeons with robotic-assisted pedicle screw placement in the lumbar spine. The system utilizes a near-field optical tracking camera to track spinal instruments relative to an anatomical model. This tracking is based on 3D imaging or 2D fluoroscopic images of the patient.

Remi previously received FDA clearance in February 2021 for use with the Medtronic O-arm 3D imaging system. In October 2022, it picked up clearance for use with the GE OEC 3D, Ziehm Vision RFD 3D and Stryker Airo TruCT.

“Most hospitals and ambulatory surgery centers (ASCs) are already utilizing C-arm X-ray fluoroscopy in their surgeries, which means they do not need add…

Spine surgery company Accelus set for $482M SPAC merger

Accelus announced that it entered into a definitive business combination agreement with CHP Merger Corp. worth approximately $482 million.

Upon the closing of the agreement — expected for early 2022 — CHP Merger Corp., a special purpose acquisition company (SPAC), will be renamed Accelus. Accelus CEO & Co-Founder Chris Walsh, formerly of Stryker and NuVasive, will become the CEO of the combined company.

According to a news release, CHP Chairman Joseph Swedish, formerly of Anthem, Trinity Health, Centura and HCA Healthcare, and Alex Lukianov, who previously worked at NuVasive, BackCare Group, Smith+Nephew and Medtronic, will join the newly combined company’s board of directors.

Palm Beach Gardens, Florida-based Accelus, a commercial-stage medtech company aiming to accelerate the adoption of minimally invasive surgery as the standard of care in the spinal space, has a portfolio of spinal implants using its Adaptive Geometry Technology and a compa…