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Year in Review

2010 Start-ups, Funding and Closures: MiMedx

MIMEDX
Marietta, GA, USA
www.mimedx.com
* Funding: $0.24 Qualifying Therapeutic Discovery Project grant in 12/10
* To defer research expenditures related to development of CollaFix collagen fiber technology as a drug delivery device in a variety of procedures (e.g. ligament and tendon surgery)
* Seeking to raise $5MM of equity capital through PIPE offering (announced 10/10)
* Will support global sales/marketing of HydroFix Vaso Shield and Spine Shield as well as product development