Life sciences briefing: Wednesday, Jan. 30, 2008
TODAY’S HEADLINES:
Arbor Surgical raises $20M for heart devices (release)
Small Bone Innovations acquires ankle-replacement maker Link America (release)
Active Implants adds $3M for hip and knee implants (VentureWire)
Clarian Health Partners launches VC unit with $25M (release)
Iroko Pharma acquires non-U.S. rights to Merck heart drug (release)
Remmele Engineering acquires medical-device manufacturer EL-Tronic Precision (release)
OpGen appoints former Affymetrix exec Noel Doheny as CEO (release)
Arbor Surgical raises $20M for heart devices – Arbor Surgical, an Irvine, Calif., medical-device maker, raised $20 million… Continue Reading
Implant maker Amedica files for $75M IPO
Salt Lake City-based Amedica filed to raise up to $74.8 million in an IPO, just a week after it raised $13.2 million in a fourth funding round. The maker of ceramic implants for spinal and joint repair said it doesn’t expect its first products to reach the market until next year.
Amedica’s S-1 filing, by the way, is the first I can recall seeing that explicitly lists “healthcare reform” as one of its major risk factors:
We… Continue Reading
Amedica raises $13.2M for spine and joint implants
Amedica, a Salt Lake City maker of ceramic implants for spines and joints, raised $13.2 million in a fourth round of funding. Creation Capital placed the financing. The company had previously raised more than $30 million.
The company is developing a line of ceramic knee, hip and spinal-disk replacements, along with related ceramic spine implants. Its release is here.