August 22, 2017 12:17 AM ET

Healthcare Equipment and Supplies

Company Overview of Alphatec Spine, Inc.

Company Overview

Alphatec Spine, Inc., a medical technology company, designs, develops, launches, and promotes spinal fusion products to customers in the United States and internationally. It offers thoracolumbar, interbody, cervical, minimally invasive surgery, and biologics products. Alphatec Spine, Inc. was formerly known as Alphatec Manufacturing, Inc. and changed its name to Alphatec Spine, Inc. in May 1990. The company was founded in 1990 and is headquartered in Carlsbad, California. Alphatec Spine, Inc. operates as a subsidiary of Alphatec Holdings, Inc.

5818 El Camino Real

Carlsbad, CA 92008

United States

Founded in 1990

Phone:

760-431-9286

Fax:

760-431-9132

Key Executives for Alphatec Spine, Inc.

Chief Executive Officer
Age: 49
President and Chief Operating Officer
Age: 59
Chief Financial Officer, Principal Financial & Accounting Officer and Executive Vice President
Age: 48
Chief Legal Officer, Executive VP of People & Culture, General Counsel and Corporate Secretary
Age: 53
Vice President of Finance and Corporate Controller
Age: 44
Compensation as of Fiscal Year 2017.

Alphatec Spine, Inc. Key Developments

Alphatec Holdings, Inc. and Alphatec Spine, Inc. Announce the Resignation of Leslie H. Cross from Board of Directors

On May 4, 2017, the Board of Directors (Board) of Alphatec Holdings, Inc. (the Company) was informed by Leslie H. Cross, whose term on the Board will expire at the annual meeting of stockholders to be held on June 15, 2017, that he has chosen not to stand for re-election at the annual meeting. Mr. Cross is also a member of the Board's Executive Committee, which membership shall cease upon expiration of his term on the Board, and a director of the Company's wholly-owned subsidiary, Alphatec Spine, Inc. Mr. Cross has informed the Board that he intends to voluntarily resign from the Board of Directors of Alphatec Spine, Inc., effective June 15, 2017. Mr. Cross has informed the Board that his decision not to stand for re-election is not the result of any disagreement with the Company.

Alphatec Spine Launches Battalion Lateral System with Squadron Retractor to Support Minimally Invasive Lateral Access Procedures

Alphatec Spine, Inc. announced that the company has launched its new Battalion Lateral System with the Alphatec Squadron Lateral Retractor, and successfully completed initial patient surgeries including degenerative, multilevel and L4/L5 spinal segment cases. With the launch of the Battalion Lateral System, the Company is well positioned to begin to compete in the $500 million Lateral market. Battalion Lateral System Overview: The Battalion Lateral System with the Alphatec Squadron Lateral Retractor provides surgeons with a next-generation Lateral system with innovative, unique functionality designed to improve clinical outcomes by reducing tissue creep, minimizing psoas retraction time, and achieving alignment and fusion objectives. The Battalion Lateral System includes numerous proprietary features, including the Squadron Lateral Retractor. The system is designed to allow surgeons to customize the access to match the patient’s unique anatomy through independent retraction of the cranial/caudal blades, DepthControl™ technology that provides in-situ height adjustment for the low-profile blades, and LevelToe™ mechanics to ensure that the blades maintain a parallel plane when toed up to 15°. The Squadron Retractor is also fully compatible with most neuromonitoring platforms enabling access safely through the psoas. The Battalion Lateral Spacer is available in 0° and 15° lordosis with a variety of width and height options for lumbar and thoracic approaches as well as angled and offset instrumentation to provide access to the L4/L5 segment.

Alphatec Spine, Inc. Announces Executive Appointments

Alphatec Spine, Inc. announced the addition of two new sales executives with proven track records in the spine industry, naming James (Jim) Duffy as Area Vice President, U.S. Sales, South, and Greg Rhinehart as Area Vice President, U.S. Sales, East. Drawing on their deep commercial spine experience, Messrs. Duffy and Rhinehart will be responsible for expanding the Company's presence in the Southern and Eastern United States, respectively, including continuing to build dedicated sales agent relationships, targeting new customer and market opportunities, and providing service and support for existing surgeon customers. Mr. Duffy brings over 25 years of progressive spine and orthopedic sales leadership experience to Alphatec, including a proven history of building strong distributor relationships and dedicated distribution channels. Mr. Duffy joins Alphatec from Zimmer Biomet Spine, where he was the Sales Vice President for the East region of the United States following Zimmer's merger with Biomet, and was responsible for the strategic integration and management of the distribution channel. Prior to Zimmer Biomet, Mr. Duffy served as the Area Vice President of Sales for Zimmer Spine. Earlier in his career, Mr. Duffy served in a number of district and regional sales leadership roles, including at KARL STORZ Endoscopy-America, Medtronic Spinal and Biologics, and at Synthes Spine. With over two decades of spine and orthopedic sales leadership experience, Mr. Rhinehart brings significant expertise to Alphatec in developing high-performing sales organizations, and driving expansion and revenue growth. Prior to joining Alphatec, Mr. Rhinehart was the Vice President of Sales at Medicrea. Before that, Mr. Rhinehart held senior sales leadership roles at Globus Medical, Inc., where he most recently served as the Vice President of Sales for the Central U.S. region--a position he held for nine years. Under his leadership at Globus, Mr. Rhinehart successfully built a new sales organization to continue Globus' expansion in the Central U.S., significantly growing annual revenues. Prior to joining Globus, Mr. Rhinehart held multiple sales leadership roles in spine and orthopedics at DePuy Spine, Medtronic, Sulzer-Spinetech and DePuy Orthotech.

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