RTI Surgical

RTI Surgical
Public
Traded as NASDAQ: RTIX
Russell 2000 Component
Industry Medical technology
Founded 1992 as Pioneer Surgical Technology
Headquarters Alachua, Florida, United States
Products Medical devices
Revenue Increase $280 million
Website www.rtix.com

RTI Surgical is a medical technology company that was founded in 1992 as Pioneer Surgical Technology in Marquette, Michigan, United States. The firm was Michigan's largest private medical technology company. The company was founded by Matthew Songer, and its first major product was the Songer Cable, used in spine surgeries. The Songer Cable was featured in the book, "Contemporary Management of Spinal Cord Injuries: From Impact to Rehabilitation."[1]

Pioneer Surgical has since developed products in the spine, biologics, orthopedics, and cardio-thoracic markets. Pioneer has facilities throughout the U.S. and Europe and employs nearly 300 people. In 2007, Pioneer acquired Angstrom Medica, a Massachusetts-based medical company focused on nanotechnology[2] and Encelle, A North Carolina-based company researching and developing tissue regeneration products.[3] Pioneer was acquired in July 2013 by RTI Biologics, and the firm was then renamed RTI Surgical.

Honors and awards

  • Orthopaedics News named it a "Top Company to Watch" in 2005.
  • Michigan Governor Jennifer Granholm visited Pioneer in 2005 and cited Pioneer as an example of job creation in the Upper Peninsula.[4]

References

  1. ↑ Benzel, Edward C. & Tator, Charles H. (2000). Contemporary Management of Spinal Cord Injuries: From Impact to Rehabilitation. Park Ridge, IL: American Association of Neurological Surgeons. p. 166. ISBN 978-1-879284-72-2. OCLC 247971013 – via Google Books.
  2. ↑ "Archived copy". Archived from the original on 2009-06-26. Retrieved 2007-11-13.
  3. ↑ "Pioneer Surgical Technology Acquires Nanotechnology Pioneer Angstrom Medica". Nanowerk. October 25, 2007. Retrieved June 18, 2018.
  4. ↑ Boyd, Liz (December 16, 2005). "Granholm Tours Pioneer Surgical Technology, Calls Company Example of Job Creation Package's Potential" (Press release). Archived from the original on December 17, 2009.
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