Friday, September 1, 2006, 9:30 am ET
FlexisMed SA announces its merger with Eden Spine, LLC, a US Spinal Organization headquartered in Florida .
Geneva , Switzerland - FlexisMed SA announced today its merger with Eden Spine, LLC. a newly created spinal organization based in Orlando , Florida .
Mourad Ben Mokhtar, FlexisMed's President stated that "the Eden Spine Business Model coupled with FlexisMed's European R&D platform represent the perfect synergistic alliance of scientific research and market penetration. We are confident that becoming the Swiss subsidiary of a dynamic US organization such as Eden Spine, LLC. will allow us to maximize our potential and to concentrate only on what we do best: innovations!"
Eden Spine has assembled a team of seasoned industry executives with a proven track record at generating market recognition, revenues, and strong industry relationships. The company will be promoting a complete range of quality fusion systems, and counts on FlexisMed's unique technologies to generate substantial interest among the US scientific community, to the benefit of the patients.
FlexisMed SA is a privately held Research and Development organization based in Geneva, Switzerland . It specializes in the development of innovative motion preservation technologies. Its goal is to design and test bio-mechanically and clinically the latest generation of Dynamic Spinal Technologies.