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:
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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.