Here are five takeaways:
1. The company raised $4 million.
2. This funds will be used to strengthen Ortho Kinematics cash position, as well as expand commercialization of the Vertebral Motion Analysis technology and the launch of several new product features.
3. The technology is intended for the radiographic assessment of spinal motion and instability.
4. The company has commercially tested its VMA technology with more than 4,000 patients.
5. The debt financing was largely led by TEXO Venture.
More articles on devices:
5 key trends in the global orthopedic biomaterials market
Bioventus expands team in Taiwan — 5 highlights
Zacks bumps RTI Surgical down to “sell” rating: 4 things to know
At the Becker's 23rd Annual Spine, Orthopedic and Pain Management-Driven ASC + The Future of Spine Conference, taking place June 11-13 in Chicago, spine surgeons, orthopedic leaders and ASC executives will come together to explore minimally invasive techniques, ASC growth strategies and innovations shaping the future of outpatient spine care. Apply for complimentary registration now.
