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Product / Company Performance

Biorez Closes Financing, Prepares for Human Testing -

Biorez closed a US $1.5MM C-1 financing and affirmed a planned 2019 launch of a human clinical study with a novel implant for anterior cruciate ligament reconstruction, following positive results from animal testing. The Biorez approach employs a scaffold on which a patient’s own cells may grow a new ligament before the implant is fully resorbed by the body. This may obviate the need to harvest a patient’s tendon to perform reconstruction. (Biorez, Inc., 3/6/18)