Israeli Company Spins Off Orthopedics Unit

Lod, Israel-based BioProtect has spun off its orthopedics operations into a new company called Orthospace, according to a report from Globes Online.

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BioSpace has developed SpaceGuard, a new technology that can be used by orthopedic surgeons as an implant in the shoulder of patients with massive tears in the muscle and tendon.

BioProtect has successfully completed a trial of the implant in Slovenia and has begun a trial in Israel.

Read Globes Online’’s report on the spinoff of Orthospace.

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