
Disc Dynamics
closedDisc Dynamics established to provide patients and physicians with a minimally invasive surgical alternative for treating low back pain.
Date | Investors | Amount | Round |
---|---|---|---|
investor investor | €0.0 | round | |
investor investor investor | €0.0 | round | |
$26.3m | Series F | ||
Total Funding | 000k |
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Disc Dynamics, Inc. operated as an orthopedic spine company with a focus on creating minimally invasive surgical alternatives for treating degenerative disc disease. Founded in 2000 and based in Eden Prairie, Minnesota, the company targeted the significant market of patients suffering from chronic lower back pain.
The firm's core business revolved around the development and commercialization of medical devices for spinal health. Its business model was centered on selling these specialized hardware products to healthcare providers and enterprises within the medical sector. Revenue was generated through transactional sales of its devices. The company's primary client base consisted of orthopedic surgeons and other physicians seeking advanced treatment options for their patients.
Disc Dynamics' flagship product was the DASCOR Disc Arthroplasty System. This technology was a catheter-based, minimally invasive nucleus replacement system designed to treat degenerated lumbar discs. The main benefit of the DASCOR system was its goal to relieve pain and restore function while preserving the patient's anatomy, offering a less invasive option compared to more traditional spinal surgeries.
The company showed early promise, securing significant venture capital funding. By March 2007, Disc Dynamics had raised a total of $59.6 million, including a notable funding round of $26.3 million. At that time, Steven J. Healy served as the president and CEO. The company's progress was marked by the initiation of U.S. clinical trials for its DASCOR System. However, company research indicates its operating status is now closed. Keywords: Disc Dynamics, DASCOR Disc Arthroplasty System, degenerative disc disease, minimally invasive surgery, orthopedic spine company, spinal health, medical devices, nucleus replacement technology, lower back pain treatment, surgical alternatives, venture capital, healthcare hardware, Eden Prairie, Steven J. Healy, spinal disorders, medical products, biotech, healthtech