As we transform Alphatec in 2016, we are actively increasing our commercial presence globally with the goal of gaining new surgeon users for our rich product pipeline. We are rapidly expanding our sales force to strengthen our coverage.
We focus our surgeon training efforts on the entire spinal fusion procedure and utilize peer to peer training approach with surgeons.
A career at Alphatec joins you to our mission of improving lives by delivering advancements in spinal fusion technologies. It also opens new avenues for professional success.
With recent product approvals in key global markets, we are poised for international growth. We believe that our well-established international platform provides a strong foundation for us to grow our business globally.
As a global medical technology company, focused on addressing disorders of the spine, we strive to fulfill our purpose of ‘improving lives by delivering advancements in spinal fusion technologies’. We are dedicated to the design, development, launch and promotion of spinal fusion products, with one of our core objectives being, to help patients ‘live better’.
We seek to accomplish this by working with spine surgeons to design and develop products and systems that address the entire spinal fusion procedure in the most effective and efficient way possible. Our product designs and platforms provide innovation through a focus on simplifying procedures for the surgeon with the ultimate objective of improving patient outcomes.
Represented in more than 60 countries, Alphatec Spine is seeking growth through innovation and continually developing technologies that will have a greater positive impact on patient care.
Improving Patient Outcomes
Keeshara is an energetic, active 17-year old high school student. Her favorite hobby is basketball and she plays on the varsity team at her school in Virginia. At the age of 14 she was diagnosed with scoliosis, a disorder in which there is a sideways curvature of the spine greater than 10 degrees, often accompanied by rotation to one side.
It affects approximately 7 million people in the U.S. alone, and in most cases the cause is unknown.
Keeshara’s first symptoms began in her early teens as back pain, which made it uncomfortable for her to play her favorite sport.
DVR and Spinal Fixation System
Sale of International Business to Globus Medical
Cash proceeds of $80 million to substantially reduce Company’s outstanding debt, allow for continued investment in commercialization and expansion of U.S. business
CARLSBAD, Calif., July 26, 2016 (GLOBE NEWSWIRE) — Alphatec Holdings, Inc. (Nasdaq:ATEC), the parent company of Alphatec Spine, Inc., a global provider of spinal fusion technologies, announced today that it has entered into a definitive agreement with Globus Medical (NYSE:GMED), a leading musculoskeletal implant manufacturer, whereby Globus will acquire Alphatec’s international operations and distribution channel for a purchase price of $80 million. As part of the transaction, Globus has also agreed to provide Alphatec a five-year senior secured credit facility of up to $30 million.
Alphatec Spine Careers
Our mission is improving lives by delivering advancements in spinal fusion technologies.
We deliver on this mission through our values as the foundation that makes Alphatec Spine a successful global company. We live our values each day through Integrity by acting ethically, professionally and communicate openly and honestly. We focus on our Customers to deliver innovative, high-quality, easy-to-use products and solutions. Through our Teamwork we help each other and treat each other respectfully. We are a company of leaders at all levels. Through our Accountability to own our actions, we fulfill the commitments we make, establish realistic goals and strive to exceed them. Our Results deliver value to our stakeholders and execute to plan without sacrificing quality. We do this in partnership with our Community to use resources wisely by, contributing to improving the quality of life of colleagues, patients, and where we live.
Committed to Serving
Our strategy is focused on significantly transforming our company and designed to position us to compete more effectively in the marketplace, accelerate growth and continue to improve profitability. We refer to this internally as our “Management Agenda” and this drives our day-to-day decisions and alignment on priorities across our entire organization. We know we will likely face challenges along the way, but we are confident that we have the right people, the right strategy and the resources to make our long-term future brighter than ever before.