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Kyphon Steps Up

A year ago at this time, a sale to another company was the last thing on the minds of senior executives at St. Francis Medical, one of the leading companies in dynamic stabilization. But interest by large spine companies put a halt to the company's plans to go public and led to an auction that was eventually won by Kyphon. Kyphon's acquisition of St. Francis Medical was one of the device industry's biggest deals in 2006--and just what everyone was waiting for.

by David Cassak

To many in the spine community, the news last December that Sunnyvale, CA-based Kyphon Inc. had entered into an agreement to acquire dynamic stabilization leader St. Francis Medical Technologies Inc.,...

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