The research and development is focused on a compliant shape memory device for meniscal repair. Additional funding phases could mean the total award would equal over $1.5 million if the company achieves the target Phase I development milestones.
The company is developing crescent-shaped pads of fibrocartilage located between the femur and tibia to act as shock absorbers preventing friction between the bones. The pads also help with stabilization and protect articular cartilage on the impacted surfaces.
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