SeaSpine Holdings Corporation (NASDAQ:SPNE), a global medical technology company focused on surgical solutions for the treatment of spinal disorders, and 7D Surgical, Inc., a privately-held Toronto-based company developing advanced image guidance technologies and machine-vision-based registration algorithms to improve surgical workflow and patient care, today announced that they have entered into a strategic alliance agreement. Financial terms were not disclosed.
Under the agreement, SeaSpine and 7D Surgical will integrate and co-market their combined product offerings, as well as develop SeaSpine-specific instrumentation optimized to work with 7D Surgical’s flagship Machine-vision Image Guided Surgery (MvIGS) platform for spinal and cranial surgeries. The agreement allows SeaSpine to offer a customized, best-in-class navigational solution to its hospital and surgeon customers on a non-exclusive basis.
The 7D Surgical MvIGS system is the only approved image guidance system that utilizes a novel and proprietary camera-based technology and machine-vision algorithms to eliminate the long-standing frustrations with legacy surgical navigational platforms. The system uses only visible light, eliminating patient and staff exposure to intraoperative radiation, which is common with other technologies. This results in a registration workflow that takes just seconds and allows the surgeon to control the system from the sterile field.