ApaTech Ltd., a synthetic bone specialist spun out of London’s Queen Mary University, raises $45m (23m GBP). ApaTech has developed a new silicon substance to encourage bone growth, helping patients recover quickly from surgery, such as spine or hip operations. Demand is growing fast for ApaTech’s technology. Last year sales trebled to $15m. ApaTech expects […]
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SurgRx, Inc., a Redwood City, Calif. maker of technology that uses heat and electric current to seal human tissue for medical purposes, has raised $20 million in fifth round of financing, VentureWire is reporting. The technology is used as part of a “jaw” device that helps seal vessels ranging in diameter from less than 1 […]
NeoTract Inc., a Mountain View, Calif.-based medical device company focused on urological and gynecological disorders, has raised $7.4 million in additional Series A funding. The NeoTract Anchor System consists of a single use delivery device that delivers up to two permanently implantable NeoTract Anchors. A NeoTract Anchor consists of one nitinol tube connected by nonabsorbable […]
Nerites Corporation today announced it has completed a $5.7 million Series A round of funding. Nerites develops novel tissue repair products as well as advanced coatings for implanted medical devices and device uses on skin based on unique “wet” adhesive compounds. These synthetic compounds are based upon research by Dr. Phil Messersmith at Northwestern University’s […]
AxoGen, Inc. is raising $12.1 million. In July 2007, AxoGen established itself in the nerve regeneration field with the launch of AVANCE Nerve Graft for peripheral nerve repair. AVANCE Nerve Graft is a human allograft nerve that is minimally processed to preserve the three dimensional structure of the nerve basal lamina and the inherent growth […]
Medical product company Carbylan Biosurgery Inc. said Monday it has closed a $20 million preferred stock financing round. The company, founded in 2005, specializes in medical products for arthritis and sinus inflammation. Carbylan BioSurgery develops and markets bioresponsive medical products to enhance healing, provide better surgical outcomes and improve patients’ quality of life.
Laser Tissue Welding, Inc., a biotherapeutic company, was awarded $160,000 to help develop its innovative sutureless surgical therapies using human serum albumin based biodegradable biomaterials to join, repair and create hemostasis on surfaces of solid visceral organs such as the liver, spleen and kidney involved in trauma, cancer and transplantation even in the presence of […]
Concordia Fibers LLC has closed on a $1.5 million round of venture financing, Biofelt is an implantable synthetic fabric that aids in tissue regeneration. Made of special polymers, the fabric encourages living cells to grow over its fibers, eventually absorbing and replacing the material. It is currently being used by biotechnology and medical-device companies […]
KFx Medical Corporation, a developer of minimally invasive percutaneous repair systems for rotator cuff repair, has closed a Series B financing. Investors in the $10M Series B round Over four million people seek medical advice for shoulder pain every year; torn rotator cuffs alone account for more than 500,000 surgeries annually and have traditionally required […]
TissueLink Medical Inc., a privately held medical device company, announced today that earlier this year it completed its Series E financing totaling $20 million TissueLink Medical, founded in 1999, is a private company that develops and markets innovative disposable surgical devices that reduce or eliminate bleeding in surgery. Over 100,000 patients worldwide have benefited […]
absorbable devices
Medical Devices