Intellirod Spine
554F White Pond Drive
Akron, OH 44320
234-678-8965


About Intellirod Spine - Company History
Company History | Board Members | Founders | Investors

Intellirod Spine™ (formerly OrthoData Inc.) was founded by renowned spine surgeon Rolando M. Puno, M.D. and professors from the University of Louisville. The company is developing a wireless implantable microelectronic spinal rod strain sensor. This innovative strain monitoring system will allow spine surgeons to objectively assess the strain on implanted spinal fusion rods.

The company raised series A financing in 2008 and 2009 for product development and testing iterations resulting in a pre-IDE meeting with the FDA in 2010. The company raised a B1 round of funding in March of 2013 including institutional investors Jumpstart and the City of Akron, Ohio.

Intellirod Spine™ closed on Ohio Third Frontier debt financing and additional equity financing totaling $1.9M in May 2014 completing the series B1 round. This capital has added key management and targets the completion of technical development, conducting an animal study and preparation for human trials.

The company more recently completed two additional B rounds of equity financing in excess of $2M. The company is poised to reach its first approval milestones and has its sights set on commercialization of its first product, the LOADPRO intra-operative rod strain sensor.

With over 450,000 lumbar spinal fusions in the US in 2016, the number of patients with continuing post-operative complications is estimated as high as 30% of these cases. In a significant number of these patients, determining the cause of ongoing pain involves assessing the quality and degree of fusion. This is the key to determining the next course of treatment. The current post-operative aggregate cost of this subset of patients is over $1B per year in the US including lost worker productivity.

The Intellirod™ LOADPRO and ACCUVISTA sensing systems will provide objective intraoperative and postoperative data complementing surgeons' tactile feel and radiographic data currently collected from flexion extension x-rays and costly high radiation CT scans.
Latest News
Intellirod Spine™ Acquires New IP, First patient with LOADPRO™, and over $1M in New Financing (External Link)

Look for our abstract accepted at the North American Spine Society 32nd Annual Meeting in Orlando, FL October 25-28, 2017. (External Link)

Intellirod Spine Raises Over $1M (External Link)

Intellirod Spine Receives $1.6 Million Ohio Third Frontier Award

An Orthopedic Sensor To Report Progress of Spinal Fusion Aims to Reduce Use of CT Scans (External Link)

City of Akron Backs Intellirod Spine with $1.1 Million (External Link)

JumpStart Invests $250,000 in Intellirod Spine (External Link)

Intellirod Spine Arrives in Ohio with a Sensor Device for Spine Surgeries & $1.1M in New Investments (External Link)

About Intellirod Spine
Intellirod Spine™ (formerly OrthoData Inc.) was founded by renowned spine surgeon Rolando M. Puno, M.D. and professors from the University of Louisville. The company is developing a wireless implantable microelectronic spinal rod strain sensor. This innovative strain monitoring system will allow spine surgeons to objectively assess the strain on implanted spinal fusion rods.





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Intellirod Spine, 554F White Pond Drive, Akron, OH 44320
234-678-8965
| info@intellirodspine.com