Medyssey

HardwareJecheon, Chungcheongbuk-do, South KoreaFounded 2003· One of 1636 Hardware companies tracked by AMPulse

South Korean spinal implant manufacturer specializing in orthopedic and neurosurgical implants, including 3D-printed patient-specific titanium implants.

CEO / Founder: Seong Gyung-soo (성경수)
Team Size: 51-200
Stage: Public
Total Funding: $13.7M
Latest Round: Acquired
Key Investors: Dongwha Pharm (동화약품); NongHyup Bank; IBK Capital Corporation

Technology & Products

Key Products

Thoracolumbar Spinal Systems (Zenius, KORA, ILIAD); Interbody Cages (EP Cage, LP Cage, BN Cage, C7 Cage, Medussa 3D-printed cages, Triton hybrid cages); Cervical Systems; Custom-FIT patient-specific 3D-printed implants (MCS cranial, MCB complex anatomical); MIS (Minimally Invasive Surgery) Systems; Posterior OCT System; Athena II Plate System; WaveFleX Posterior Semi-rigid System; VariAn Expandable Cage; Dynamic PLIF Cage; Interspinous OMEGA

Technical position · AMPulse analysis

Pioneer in metal 3D printing for spinal implants (introduced first metal 3D printer in Korea in 2011); owns ARCAM EBM machines for titanium implant production; FDA 510(k) clearances for multiple 3D-printed cage systems (Medussa, Medussa II, Triton); 26 registered patents, 16 patent applications; ISO 13485, CE Mark, KFDA, Health Canada, ANVISA certifications.

Patent position

Medyssey filed 11 patent families across all years, with 82% filed in Korea and 18% in the United States. AMPulse analysis

Filing momentum: 3 families filed 2022–2024, 4 in 2019–2021
Filed in: KR 82%US 18%

11 AM patent families in total. Recent years are still being published, so read a filing change against the same-office figure.

Differentiation

Value Proposition

Designs, develops, manufactures and markets spinal implants for the surgical treatment of spine disorders, with a focus on motion preservation, dynamic stabilization, and 3D-printed patient-specific implants.

How They Differentiate

Only Korean spinal implant maker with in-house metal 3D printing (EBM) for patient-specific implants; comprehensive full-spine product portfolio; strong export orientation with 50%+ revenue from overseas; competitive pricing vs. global giants; subsidiary of major pharmaceutical group (Dongwha Pharm) providing financial stability.

Market & Competition

Target Customers

Orthopedic and neurosurgical spine surgeons, hospitals, and medical distributors globally.

Industry Verticals

Medical Devices; Orthopedic Surgery; Neurosurgery; Spinal Surgery

Competitors

Stryker (3D-printed spine implants); Johnson & Johnson/DePuy Synthes; Zimmer Biomet; Globus Medical; NuVasive

Growth & Milestones

Growth Metrics

2025 revenue: ₩27.7B (~$21M); 2024 overseas revenue: $10.63M (up 10% YoY); 2024 total revenue: ₩25.5B with operating profit ₩3.2B; 5 consecutive years of operating profit; 3D-printed spinal implant sales up 29% in 2024 to ₩760M.

Major Milestones

2003: Founded as Varian Co., Ltd.; 2007: Renamed to Medyssey Co., Ltd.; 2011: Introduced Korea's first metal 3D printer (ARCAM EBM); 2012: First FDA 510(k) clearance for spinal system; 2015: Listed on KONEX (ticker: 200580); 2017: First FDA clearance for 3D-printed porous interbody fusion device; 2020: Acquired by Dongwha Pharm for ~₩20B; 2024: Appointed Seong Gyung-soo as sole CEO; 2025: Global sales surpassed $10M; 2026: Preparing KOSDAQ transfer with Daishin Securities as underwriter.

Notable Customers

Distributes to hospitals and spine surgeons across 30+ countries including USA, Thailand, Chile, Mexico, Brazil, India, and throughout Asia Pacific, EU, and Middle East.

https://www.medyssey.com

Recent coverage of Medyssey

Medyssey secures FDA 510(k) clearance for 3D-printed titanium Odys-SI Screwdigitaltoday.co.krOct 16, 2026
Medyssey gains FDA 510(k) clearance for NeckTune SA cage with PEEK spacer and 3D-printed titanium platesegye.comOct 6, 2026
MedySseI secures FDA 510(k) clearance for hybrid PEEK–titanium NeckTune SA cervical cagedigitaltoday.co.krOct 1, 2026
Medyssey receives U.S. FDA 510(k) clearance for NeckTune 3D SA Cervical Cage spinal implantdigitaltoday.co.krJun 16, 2026
Medyssey receives U.S. FDA 510(k) clearance for NeckTune 3D SA Cervical Cage spinal implantyakup.comJun 16, 2026

AM patents

AM-relevant patents linked to this company.

Patents: 11
Granted: 5
Families: 11

Leading domains: application (11), process (9), material (2)

Filings by year: 2023: 1 · 2022: 2 · 2021: 4 · 2018: 4

환자 맞춤형 추간체 유합보형재 어셈블리1026738570000 · KR2024-06-13
환자 맞춤형 인공 측두하악관절1022851730000 · KR2021-08-04
3D프린팅을 활용한 환자 맞춤형 임플란트1020404540000 · KR2019-11-06
하악골결손부위에 삽입되는 환자 맞춤형 하악골 임플란트 및 이의 제조방법1019968490000 · KR2019-10-01
환자 맞춤형 족부 고정 플레이트1020210062566 · KR2022-11-22

Funding rounds

Acquired₩20B2020-09Lead: Dongwha Pharm · Source