home  contact
 







 Press Releases


LDR Receives Reimbursement Approval from French Government for its Lumbar Disc
Mobidisc® is one of only three lumbar discs approved for reimbursement in France

Austin, TX - November 6, 2007  
LDR, a privately held company with innovative spinal implants for both non-fusion and fusion applications, has been notified that the French government will reimburse surgeons using the Mobidisc® artificial lumbar disc. Mobidisc will join ProDisc-L and CHARITE’® as the only lumbar discs that the French government has approved for reimbursement.

Christophe Lavigne, president and CEO of LDR notes, “We are proud to have gained approval for reimbursement in our home country. France continues to be a leader in spine innovation and artificial discs are positioned in a highly competitive environment. This approval validates our Mobi™ platform technology as well as the clinical performance of Mobidisc.”

The Mobidisc is designed to provide six degrees of freedom via a mobile bearing technology, thereby better replicating the natural kinematics of the spine. Its design incorporates a low profile keel and specialized delivery instrumentation that introduces the implant into the disc space via a safety guide. Mobidisc was introduced in November 2003 and has subsequently been implanted in over 2100 patients worldwide.

Professor Jerome Allain with the University hospital of Henri Mondor in Paris, comments, “The Mobidisc is a true second generation disc that has demonstrated strong clinical performance since its introduction over 4 years ago. It was created by a team of surgeons who leveraged their experience in developing the first generation of artificial discs to design the next evolution of lumbar disc replacement.”

LDR was founded by seasoned spine executives in 2000 to bring to market innovative non-fusion and fusion spine implants that address unmet or underserved needs. The company is now selling its products worldwide in over 30 countries.

About LDR
LDR works closely with surgeons to develop implantable spine systems and instrumentation that restore optimum stability and mobility to patients and to make spine surgery more reproducible and easier to perform. More information may be found at www.ldrholding.com.

About Path4 Ventures
Founded in 2004, Path4 Ventures LLC is a management-centric venture capital company based in Austin, Texas. The company identifies, creates and develops opportunities in the healthcare industry utilizing a "hands-on" management style by taking an active role in the technologies and opportunities in which it invests. More information is available at www.path4ventures.com.



FOR MORE INFORMATION:


Company Contact:
Jerry DeVries, Path4 Ventures

jerry@path4.com
http://www.path4ventures.com 

 

 

 

 

 

 




Who is Path4 Ventures | Management Team | Investment Strategy | Portfolio Companies | Newsroom


Copyright © 2010 Path4 Ventures. All rights reserved.