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Collaborative Spine Research Foundation Receives Three-Year Grant from Medtronic for Cross-Disciplinary Research

    Collaborative Spine Research Foundation Receives Three-Year Grant from
                  Medtronic for Cross-Disciplinary Research

PR Newswire

ROSEMONT, Ill., Feb, 14, 2013

ROSEMONT, Ill., Feb, 14, 2013 /PRNewswire-USNewswire/ -- The Collaborative
Spine Research Foundation (Collaborative Spine) announced today an agreement
to receive up to $7 million over the next three years to fund
cross-disciplinary spinal research from Medtronic's Spine business. The final
amount of the grant will be contingent on Collaborative Spine's ability to
engage additional industry support for its research agenda. Collaborative
Spine will use the funding to award competitive, multi-year grants for
independent, investigator-driven clinical spine research studies.

(Logo: http://photos.prnewswire.com/prnh/20120702/DC33340LOGO)

Collaborative Spine, a 501(c)(3) organization, was founded in 2011 by the
Neurosurgery Research and Education Foundation and the Orthopaedic Research
and Education Foundation to advance the science and practice of the
highest-quality spine care.

"Clinical research in spine care is vital to our ability to advance patient
care and improve access to needed technologies and therapies," said Doug King,
senior vice president and president of the Spine business at Medtronic. "As
the global leader in the spine-care industry, Medtronic has demonstrated a
commitment to clinical research in numerous ways throughout the years, and
this grant is an evolution of that commitment. Collaborative Spine is uniquely
positioned at the intersection of orthopedic and neurosurgical spine care. All
professional societies affiliated with spine care will have the opportunity to
benefit from this research grant."

Collaborative Spine's research agenda was formed in collaboration with key
stakeholders from neurosurgery and orthopedic surgery. The goal of
Collaborative Spine-funded research is to answer the most important research
questions and ensure that all funded projects are conducted in a valid,
meaningful and rigorous fashion.

"Medtronic has demonstrated its leadership with this grant," said James
Heckman, MD, chair of Collaborative Spine, "and we look forward to other
corporations and funding agencies joining this effort. Together, we can
broaden the reach of our research agenda and ultimately improve patients'
lives."

"Collaborative Spine is plowing new ground as a multispecialty organization,"
said Charles Branch Jr., MD, secretary/treasurer of Collaborative Spine.
"While we bridge two major specialties, we represent a united pathway for
industry and other interested parties to contribute to the development of the
science that will transform patient care. What's more, we're not relying only
on government or NIH funding to move our fields forward."

As a result of this grant, on Feb. 11, 2013, Collaborative Spine made a
funding opportunity announcement of its intent to provide up to $10 million
for original research projects that address its research agenda. Grants will
be made for projects of one to three years in duration, at an amount up to
$300,000 per year. Collaborative Spine will have full and sole discretion in
selecting researchers and awarding grants, and anticipates a solicitation for
research grant applications to be published by May 1, 2013, with funding to
commence by Sept. 1, 2013. More information is at the Collaborative Spine
website, www.csrfoundation.net.

About the Neurosurgery Research and Education Foundation

The Neurosurgery Research and Education Foundation (NREF) is the philanthropic
arm of the American Association of Neurosurgeons and the premier funder of
neurosurgical studies. NREF focuses on providing fellowship funding in basic
neuroscience and neurosurgical programs in North America.

About the Orthopaedic Research and Education Foundation

The Orthopaedic Research and Education Foundation (OREF) raises funds to
support research and education on diseases and injuries of bones, joints,
nerves, and muscles. Since 1955, OREF has awarded more than 4,200 grants,
totaling more than $100 million.

Both NREF and OREF are 501 (c)(3) foundations that are well-established and
highly respected for their non-conflicted, independent policies and
procedures, rigorous peer-review and selection processes, and commitment to
advancing the science and practice of orthopedic and neurological surgery for
the benefit of their patients.

SOURCE Collaborative Spine Research Foundation

Website: http://www.csrfoundation.net/
Contact: Keri Kramer, +1-847-384-4347, +1-312-576-2767, kramer@oref.org