Officials said the transaction will position the combined company as a comprehensive supplier for spine surgery procedures that offers both hardware and biologics through a larger national distribution footprint.
Concurrent with the closing, Bacterin will change its name to Xtant Medical Holdings Inc.
Dr. David Kirschman, currently X-spine’s chief executive, will join the management team and serve as Xtant’s executive vice president and chief scientific officer. He also will be president of X-spine Systems, the hardware subsidiary. In addition, Kirschman will be appointed to Xtant’s board of directors.
X-spine Systems, headquartered at 452 Alexandersville Road in Miamisburg, employs about 80 workers.
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