The company had been developing artificial facet joints in the spine with a technology called the Total Facet Arthroplasty System.
However, Archus hit a cash crunch this spring when sponsoring a big clinical trial of 450 patients and it was forced to lay off most of its 45 employees.
Read Xconomy’s report about Archus Orthopedics.
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.
