Here are six highlights:
1. The Allen County Commissioners will give more than $25,000 annually for the next six years to OrthoWorx.
2. Fort Wayne, Ind., will give $75,000 each year for the next six years.
3. The Indiana Economic Development Corp. is funding $1.2 million and Warsaw, Ind., is offering up $500,000.
4. With the funding, OrthoWorx will jumpstart an accelerator called AcceLinx, which will have a budget of $4.8 million.
5. AcceLinx’s mission will be to develop and manufacture new medical devices, creating a hub for orthopedic manufacturing.
6. AcceLinx will be headquartered in OrthoWorx’s Warsaw office.
More articles on devices:
NuVasive sentiment falls to 1.17 in Q1: 5 notes
Bioventus files for $150M IPO: 5 points
United Orthopedic Corp. teams up with Dr. Freddy Achecar to offer TKR, THR to underserved in China: 4 notes
At the Becker’s 32nd Annual Meeting: The Business and Operations of ASCs, taking place October 29-31 in Chicago, ASC leaders, surgeons and healthcare executives will explore strategies to drive growth, enhance operational performance, navigate reimbursement challenges and prepare for the future of ambulatory surgery. Apply for complimentary registration now.
