Providence Medical Closes $10.5 Million Financing

Providence Medical Technology closed a US $10.5MM new equity financing round. Proceeds will support commercialization and expansion of cervical fusion products. Previous fundings included $6.8MM in 2014 and $12.0MM in 2015.

The company's line includes DTRAX® spinal systems, CAVUX™ cervical cages, ALLY™ screw systems and BIOLOGIX™ allograft...

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Julie Vetalice is ORTHOWORLD's Editorial Assistant. She has covered the orthopedic industry for over 20 years, having joined the company in 1999.

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