Alphatec and Theradaptive Forge Strategic Partnership to Advance Regenerative Spine Biologics
Alphatec Holdings (ATEC) and Theradaptive have entered a definitive strategic partnership to bring next-generation regenerative biologics into spine surgery.
The deal gives ATEC exclusive US commercial rights to Theradaptive’s lead bone graft technology, OsteoAdapt, for spinal fusion.
Deal Overview: What Each Company Brings
Under the agreement:
ATEC will market and distribute OsteoAdapt in the US
Theradaptive will receive upfront payments, milestones, and perpetual royalties
The structure is designed for long-term value creation, not one-time upside
This marks one of the most significant regenerative medicine partnerships in the spine industry to date.
About OsteoAdapt: A New Class of Bone Graft
OsteoAdapt is built on Theradaptive’s proprietary AMP2 engineered protein platform.
Key highlights:
Osteoinductive bone graft designed for targeted bone regeneration
Currently in clinical trials for spine and dental indications
Subject to FDA PMA approval
Received three FDA Breakthrough Device Designations
The technology aims to overcome the limitations of traditional allografts and synthetic grafts.
Why This Matters for Spine Surgery?
The spine industry has long lacked biologics that reliably enhance fusion outcomes.
According to ATEC:
Instrumentation and navigation have advanced rapidly
Biologics have not kept pace
Fusion success remains a critical unmet need
OsteoAdapt is positioned to close that gap.
ATEC’s Strategic Rationale
Pat Miles, Chairman and CEO of ATEC, framed the deal as a platform expansion.
Key points:
OsteoAdapt integrates into ATEC’s Organic Innovation Machine
Complements informatics, imaging, navigation, and instrumentation
Designed to raise the bar for clinical distinction in spine surgery
ATEC views biologics as the next lever for procedural differentiation.
Theradaptive Launches Series B Financing
Alongside the partnership, Theradaptive initiated a Series B funding round.
The capital will support:
Completion of the OASIS Pivotal Trial in spinal fusion
Manufacturing scale-up
Commercial readiness aligned with ATEC’s launch strategy
The timing ensures Theradaptive can execute without slowing development.
Market Opportunity: A Large, Underserved Segment
The numbers underscore the strategic logic.
US spine surgery market: $10+ billion annually
Spine biologics segment: $2+ billion
Demand driven by fusion volume and outcome pressure
OsteoAdapt’s targeted approach is intended to disrupt existing graft standards.
Strategic Fit: Why This Partnership Works
Theradaptive gains:
A proven spine-focused commercial partner
Immediate access to a scaled US sales force
Long-term royalty participation
ATEC gains:
A differentiated biologic asset
Control over US commercialization
A potential new category within its ecosystem
Bottom Line
This partnership signals a shift in spine surgery. Instrumentation alone is no longer enough.
The next competitive edge lies in biologics that materially improve fusion outcomes. ATEC and Theradaptive are betting that OsteoAdapt is that inflection point.