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February 11, 2008

This acqusition, and others, represent a significant upgrade of Alphatec's portfolio

This analysis is solely the work of the author. It has not been edited or endorsed by GLG.
Analysis By:
Wayel Kaakaji
Chief Executive Officer and Medical Director , Spinal and Neurosurgical Institute
Implications: Alphatec product line will expand and increase their market share The cervical plate from Progressive is much more promising than the Trestle plate developed by Alphatec, and should increase sales and improve the cervical implant portfolio

Analysis:  Alphatec (NasdaqGM:ATEC) has been adding to its product line with a series of acquisitions and license agreements.  I believe the new products such as the Osseo screw and the v-stent technology will help them secure a larger market share.  This is likely to directly affect the big players such as Medtroic (MDT:NYSE) and Johnson & Johnson (JNJ:NYSE).


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