SpineGuard Posts $1.7M Net Loss in First Half of 2013 Despite Sales Up 27%

Paris and San Francisco-based SpineGuard reported a net loss of $1.65 million for the last six months of 2013, a $300,000 improvement over the same period last year.

Advertisement

The company took in $2.3 million in six month revenue, up 27 percent from last year. However, it spent $2.27 million in sales, distribution and marketing, up slightly from 2012.

SpineGuard sold 3,000 units of it PediGuard system in the first half of the year, 49 percent of which sold to U.S. companies.

More Articles on Supply Chain:
Integra LifeSciences Launches Proximal Shoulder Fracture System
The New, Disrupted Medical Device Industry Landscape
NuVasive Celebrates 10 Years, Launches Bendini Spinal Rod Bending System & XLIF Decade Plate

At the Becker’s 32nd Annual Meeting: The Business and Operations of ASCs, taking place October 29-31 in Chicago, ASC leaders, surgeons and healthcare executives will explore strategies to drive growth, enhance operational performance, navigate reimbursement challenges and prepare for the future of ambulatory surgery. Apply for complimentary registration now.

Advertisement

Next Up in Uncategorized

Advertisement

Comments are closed.