Global medical technology company acquires 7D Surgical

7D Surgical (external link)  has been acquired by SeaSpine Holdings Corporation (external link) , a global medical technology company focused on surgical solutions to treat spinal disorders. Researcher Victor Yang is a co-founder and Chief Scientific Officer at 7D, a pioneer in the image guided surgery market.

Seaspine has entered into an agreement to acquire all of the issued and outstanding shares of 7D Surgical, Inc., a privately-held, Toronto-based company, in a cash and stock deal valued at $110 million, subject to customary adjustments.

7D’s mission is to bring experienced professionals together to accelerate the adoption of navigation technologies, reduce surgical errors, and, overall, to improve patient care.

7D’s flagship system is founded on its machine-learning, image-guided surgery platform that reduces radiation exposure. It is able to complete the entire patient registration process in less than 30 seconds, compared to 30 minutes with traditional systems.