Xtant Medical was awarded two grants totaling US $0.15MM from the Montana Department of Commerce to support growth at Bacterin’s orthobiologic processing facility. Bacterin is a wholly-owned subsidiary of Xtant Medical.
The Big Sky Economic Development Trust Fund offered up to $90,000 to help with the purchase of additional processing equipment, while the Primary Workforce Training Grant awarded $65,000 directly to Bacterin in support of new jobs.
Past state support has included:
- $0.2MM grant from the Montana Board of Research and Commercialization Technology (MBRCT) to support a novel regenerative medicine technology (2014)
- $0.1MM grant from MBRCT develop next-gen demineralized bone matrix allografts (2015)
Furthermore, in 4Q15, Bacterin and the Montana State University Department of Mechanical and Industrial Engineering co-developed a 3D printer that can prototype custom, resorbable bone grafts for reconstructive procedures.
Sources: Xtant Medical Holdings, ORTHOWORLD Inc.
Xtant Medical was awarded two grants totaling US $0.15MM from the Montana Department of Commerce to support growth at Bacterin's orthobiologic processing facility. Bacterin is a wholly-owned subsidiary of Xtant Medical.
The Big Sky Economic Development Trust Fund offered up to $90,000 to help with the purchase of additional processing...
Xtant Medical was awarded two grants totaling US $0.15MM from the Montana Department of Commerce to support growth at Bacterin’s orthobiologic processing facility. Bacterin is a wholly-owned subsidiary of Xtant Medical.
The Big Sky Economic Development Trust Fund offered up to $90,000 to help with the purchase of additional processing equipment, while the Primary Workforce Training Grant awarded $65,000 directly to Bacterin in support of new jobs.
Past state support has included:
- $0.2MM grant from the Montana Board of Research and Commercialization Technology (MBRCT) to support a novel regenerative medicine technology (2014)
- $0.1MM grant from MBRCT develop next-gen demineralized bone matrix allografts (2015)
Furthermore, in 4Q15, Bacterin and the Montana State University Department of Mechanical and Industrial Engineering co-developed a 3D printer that can prototype custom, resorbable bone grafts for reconstructive procedures.
Sources: Xtant Medical Holdings, ORTHOWORLD Inc.
You are out of free articles for this month
Subscribe as a Guest for $0 and unlock a total of 5 articles per month.
You are out of five articles for this month
Subscribe as an Executive Member for access to unlimited articles, THE ORTHOPAEDIC INDUSTRY ANNUAL REPORT and more.
JV
Julie Vetalice is ORTHOWORLD's Editorial Assistant. She has covered the orthopedic industry for over 20 years, having joined the company in 1999.