IBS Investment Bank, a private equity firm, acquired a minority membership interest in The Progressive Orthopaedic Company.
Progressive distributes low-cost stable orthopaedic technologies. Its portfolio presently includes total hip and total knee systems, with plans to add spine, trauma, orthobiologics and ancillary products.
Progressive received FDA 510(k) clearance on posterior-stabilized Progressive Total Knee in 1Q15, with clearance for a cruciate-retaining version in the following quarter. The total hip also received clearance in 1Q15.
Sources: IBS Investment Bank; ORTHOWORLD Inc.
IBS Investment Bank, a private equity firm, acquired a minority membership interest in The Progressive Orthopaedic Company.
Progressive distributes low-cost stable orthopaedic technologies. Its portfolio presently includes total hip and total knee systems, with plans to add spine, trauma, orthobiologics and ancillary products.
Progressive...
IBS Investment Bank, a private equity firm, acquired a minority membership interest in The Progressive Orthopaedic Company.
Progressive distributes low-cost stable orthopaedic technologies. Its portfolio presently includes total hip and total knee systems, with plans to add spine, trauma, orthobiologics and ancillary products.
Progressive received FDA 510(k) clearance on posterior-stabilized Progressive Total Knee in 1Q15, with clearance for a cruciate-retaining version in the following quarter. The total hip also received clearance in 1Q15.
Sources: IBS Investment Bank; ORTHOWORLD Inc.
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JV
Julie Vetalice is ORTHOWORLD's Editorial Assistant. She has covered the orthopedic industry for over 20 years, having joined the company in 1999.