Venture capital firm invests in orthopedic device company — 4 insights

Written by Eric Oliver | March 04, 2019 | Print  |

Genesis Innovation Group invested in Embody through its early-stage healthcare development group cultivate(MD) Capital Fund II.

What you should know:

1. Embody created Tapestry, a collagen-based microfiber implant used for Achilles' and rotator cuff repairs.

2. The Tapestry device is still being studied. Embody hopes studies will show that Tapestry helps to minimize scarring, while accelerating postoperative rehabilitation.

3. As a result of the investment, Genesis Innovation Group CEO Rob Ball will join Embody's board.

4. Mr. Ball said, "Embody technology is built on an incredible body of research and development which utilizes powerful manufacturing technology to produce soft tissue augmentation products that provide optimal characteristics for growth of tissue. They've developed a truly unique platform that will deliver product innovation for years to come."

More articles on devices:
The spine surgery devices, techniques that won't stand the test of time
How spine surgeons view consolidation in healthcare
4 spine, neurosurgeons on the move in February

© Copyright ASC COMMUNICATIONS 2019. Interested in LINKING to or REPRINTING this content? View our policies here.

Top 40 Articles from the Past 6 Months