Funding

Bone Solutions Receives $1.7MM in Funding

Bone Solutions closed a funding round for a total of >US $1.7MM, and affirmed an additional $1.65MM commitment from Next Health, its distribution partner.

Xtant Medical Awarded State Grants

Xtant Medical was awarded state grants totaling US $0.15MM to support growth at Bacterin's orthobiologic processing facility. 

Tyber Medical Awarded State Funding

Tyber Medical was awarded a US $362,500, ten-year loan from the Pennsylvania Industrial Development Authority to purchase equipment for in-house fabrication.

Nanovis Receives NIH Research Grant

Nanovis received an NIH grant supporting pre-clinical studies of FortiCore® deeply-porous interbody fusion devices, enhanced with nanotube technology. 

Ellipse Technologies Withdraws IPO

Ellipse Technologies withdrew its plans for a US $75MM initial public offering, filed in 4Q15, in light of its pending acquisition by NuVasive.

CartiHeal Raises $15 Million

CartiHeal completed a US $15MM financing round. Funds will support ongoing manufacturing scale-up, EU product commercialization in 2017 and clinical studies in new therapeutic areas for Agili-C™ cartilage regeneration technology.