Xtant Medical
Xtant Medical focuses on the design, development, and commercialization of orthobiologics and spinal fixation systems, reporting significant revenue growth and expanding its product portfolio in 2024.
Company Services
Xtant Medical focuses on the design, development, and commercialization of orthobiologics and spinal fixation systems. The company provides a comprehensive portfolio of cervical, thoraco-lumbar, and interbody spinal implant systems used in complex, deformity, and degenerative procedures. Xtant Medical also offers professional education resources and a product portal for detailed information on its products.
Product Portfolio
Xtant Medical's product portfolio includes synthetic grafts, demineralized bone matrix (DBM), placental tissue matrix, viable cell allografts, soft tissue allografts, and traditional allografts. The company also offers fixation products, including cervical, thoracolumbar, and sacroiliac joint systems. In April 2024, Xtant Medical launched SimpliGraft™ and SimpliMax™ for chronic and acute wounds. Their nanOss production operations were acquired from RTI Surgical in October 2023.
Corporate Offices
Xtant Medical's corporate offices are located at 664 Cruiser Lane, Belgrade, MT 59714. This location serves as the hub for the company’s operations, including its state-of-the-art tissue processing facility where its innovative orthobiologic products are designed and manufactured.
Financial Performance
Xtant Medical reported a significant revenue growth of 55% in the first quarter of 2024 and raised its full-year 2024 revenue guidance. The company also announced record full-year revenue of $91.3 million for 2023. Additionally, in March 2024, Xtant Medical increased its revolving credit facility to $17 million with MidCap Financial.
Commitment to Quality of Life
Xtant Medical is committed to improving the quality of life for patients through the design, manufacture, and distribution of medical devices and human tissues for transplant. The company's products are crafted to be safe and effective, reflecting its dedication to patient care and safety.