TranS1 Inc. (NASDAQ: TSON) is on The StockGuru Leader Board today. The stock is up as much as 13.36% on Monday.
Volume traded – so far – as this release was issued intraday: 160,561
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About the Company:
TranS1 Inc., a medical device company, engages in the design, development, and marketing of products that implement its proprietary surgical approach to treat degenerative conditions of the spine affecting the lower lumbar region. Its pre-sacral approach allows spine surgeons to treat intervertebral spaces without compromising important surrounding soft tissue, as well as to perform fusion and motion preserving surgeries in the L4/L5/S1 region. The companys products include AxiaLIF lumbar fusion implants, which are threaded titanium rods to enable one-level L5/S1 fusions and two-level L4/L5/S1 fusions; TranS1 access and disc preparation instruments; Vectre facet screw systems to provide stability, while reducing the muscle and tissue trauma associated with conventional pedicle screws; Avatar, a pedicle screw system that is used with or without the companys implants to provide lumbar posterior fixation; and Bi-Ostetic, an osteoconductive bone substitute to fill voids and gaps that are not intrinsic to the stability of bone structure. It serves hospitals and surgical centers in the United States and certain European countries. AxiaLIF 360 sells its products through direct sales force, independent sales agents, and third-party distributors. The company was formerly known as aXiaMed, Inc. and changed its name to TranS1 Inc. in February 2003. TranS1 Inc. was founded in 2000 and is headquartered in Wilmington, North Carolina.
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