News | July 30, 2007

Medtronic Announces Agreement with Axon Systems

July 31, 2007 - Medtronic Inc. announced it has entered into a distribution and development agreement with Axon Systems, a privately-held developer of neuromonitoring technology used during spinal surgery.

The agreement will allow Medtronic and Axon Systems to bring to market the next generation of surgeon directed and professionally supported spinal neuromonitoring technology and expand the availability of this critical technology.

This agreement will have an immediate impact on Medtronic's spinal neuromonitoring product line and sets the stage for possible integration across all of Medtronic's core spinal therapy offerings.

The first new products enabled by this strategic alliance will be the FDA approved NIM-ECLIPSE Spinal System of neuromonitoring capital and disposable equipment. This equipment will allow for as many as 32 channels of simultaneous electroencephalography (EEG), evoked potentials (EP) and electromyography (EMG) monitoring.

NIM-ECLIPSE Spinal System also provides for automatic pedicle screw monitoring with direct nerve and screw stimulation. During spinal surgery, the NIM-Eclipse may allow physicians to monitor critical neural pathways, which helps prevent post-operative neurological deficits.

For more information: www.medtronic.com and www.axonsystems.com

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