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Parallax Medical Inc.

Division of Smith & Nephew PLC
www.parallax-medical.com

Latest From Parallax Medical Inc.

Device M&A: The New Acquirers

A business development panel representing the emerging group of mid-sized device dealmakers that are actively looking for innovative technology from small companies discusses the current state of medtech dealmaking.
Medical Device Business Strategies

Devices' Next Generation: An Interview with ArthroCare's Michael Baker

In Vivo continues its series of interviewing device company executives. This time, we pick from a category that might be called "the young Turks": executives from the younger generation who are running the next-generation of major medical device companies, those that will rival if not replace the Medtronics and Guidants of the past generation. Having cut his teeth at device giant Medtronic, Mike Baker has spent the last 10 years running ArthroCare, one of the industry's next-generation leaders.
Medical Device Business Strategies

ArthroCare's Next Act

Ten years ago, ArthroCare was just one of dozens of small medical device start-ups to have gone public in the IPO boom of 1995 and 1996. But while most of ArthroCare's classmates in what has come to be known as the Class of '96 have disappeared, ArthroCare is a fast-growing, self-sustaining public company. Its core technology-a radio-frequency-based ablation tool called Coblation--results in faster healing times, with a fraction of the pain of other modalities that remove tissue. It has thus been picked up by a number of physican specialities including ENT surgeons and orthopedic surgeons, and for a large number of applications. ArthroCare now faces a host of new challenges, most notably, how to continue to capitalize and build on its proprietary plasma-mediated technology and, in the process, how to sustain that growth and the share price rewards that come with it.
Medical Device

ArthroCare's Three-Pronged Spine Play

ArthroCare's recent purchase of Parallax gives the company a broader platform from which to build a spine business based on its innovative Coblation technology. While ArthroCare currently can play in microdiscectomies, the bread and butter of spine surgeons, its most promising opportunity: the vertebral compression market that Kyphon has had such success with.
Medical Device
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Company Information

  • Industry
  • Medical Devices
    • Implantable Devices
  • Therapeutic Areas
  • Musculoskeletal & Connective Tissue Disorders
  • Alias(es)
  • Ownership
  • Private
  • Headquarters
  • Worldwide
    • North America
      • USA
  • Parent & Subsidiaries
  • Smith & Nephew PLC
  • Senior Management
  • Paul Arena, CEO
    Howard Preissman, Pres.
    Mike Denker, Head, Sales
  • Contact Info
  • Parallax Medical Inc.
    Phone: (800) 797-6520
    680 Vaqueros Ave.
    Sunnyvale, CA 94085
    USA
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