Here are four things to know:
1. Deerfield Management led the financing, which was fully funded by the existing ownership.
2. The company will use the $20 million equity financing to develop more Cage extremity fracture repairs.
3. The Conventus Cage is an implant that repairs shoulder, elbow and wrist fractures.
4. Clinical results show patients experience stable fracture fixation and recover quickly with less pain, improved range of motion and fewer surgical complications than other repair methods.
More articles on devices:
OrthoSpace announces 1st Inspace System study enrollees in Canada — 4 details
InVivo executive to deliver presentation on INSPIRE study in Canada: 4 things to know
Mainstay Medical reports 1st ReActiv8 implantation in Ireland — 4 highlights
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