Ellipse Technologies

Ellipse Technologies is an Aliso Viejo, California-based medical device company that develops implantable remote control technology for the non-invasive postoperative adjustment of spinal and orthopedic implants. The organization utilizes its proprietary MAGEC and PRECICE platforms to treat early-onset scoliosis and limb length discrepancies, allowing surgeons to improve clinical outcomes without requiring additional invasive procedures. Prior to its acquisition, the enterprise treated over 5,000 patients across 30 countries and generated approximately $40 million in revenue during 2015, representing a 54 percent year-over-year growth from 2014. Led by President Edmund J. Roschak and Chairman Mike Henson, the business operated with approximately 18 employees before being acquired by NuVasive, Inc. for an upfront payment of $380 million, plus milestones, in January 2016. Ellipse Technologies was founded in 2005, though the original founders are not publicly named.