Oratec Interventions - OTEC- Profile

ORATEC Interventions, Inc. develops and markets medical devices that use controlled thermal energy to treat spine and joint disorders. The company currently markets two minimally invasive systems: the SpineCATH IntraDiscal ElectroThermal Therapy (IDET) system and the ElectroThermal Arthroscopy system. The company markets its products directly to orthopedic surgeons, neurosurgeons and pain management specialists. Competitors of the company include ArthroCare, Mitek and CONMED. The company became publicly held in 2000. SpineCATH IntraDiscal ElectroThermal Therapy (IDET) system sales accounted for 52% of 1999 revenues and ElectroThermal Arthroscopy System sales, 48%.