Conventus Orthopaedics Closes on $10M Credit Facility

Conventus Orthopaedics has closed on a $10 million credit facility to help fund the commercialization of its Conventus DRS technology as well as new indications for the technology.

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The technology is intended to treat distal radius fractures. It has received approval from the U.S. Food and Drug Administration as well as received a CE Mark.

 

The credit facility is provided by Oxford Finance and Square 1 Bank.

 

Conventus is a medical device company focused on creating less invasive solutions to treat a broad range of challenging peri-articular fractures.

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