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    Breaking News

    Cartiva Inc. Announces Series E Financing Transactions

    Proceeds from the financing will support the Company’s commercialization of its Cartiva Synthetic Cartilage Implant.

    Related CONTENT
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    • Cartiva SCI 5 Year Data Shows Great Toe Arthritis Pain Decrease, Improved Function
    • Active Implants Secures Financing for Artificial Meniscus
    Business Wire01.10.17
    Cartiva Inc., a developer of products for the treatment of cartilage damage and osteoarthritis, announced today that it has secured $8.5 million in an oversubscribed Series E financing led by New Enterprise Associates (NEA) with participation by Windham Venture Partners and other returning investors. Proceeds from the financing will support the Company’s commercialization of its Cartiva Synthetic Cartilage Implant (SCI), the first Premarket Approval (PMA) approved alternative to fusion for arthritis of the big toe joint, and for general corporate purposes.
     
    “With compelling Level I clinical data, Cartiva SCI is an exciting new product in the lower extremities market, the fastest growing segment of orthopedics. We are pleased to continue our partnership with Cartiva and to support their progress in making Cartiva SCI widely available as a preferred motion-preserving treatment option,” said Justin Klein, M.D., J.D., NEA partner and a member of Cartiva’s board of directors.
     
    The Company also announced that it has expanded its existing debt facility with Silicon Valley Bank, providing for additional optional term loan debt and the addition of an accounts receivable revolving credit facility. Scott McCarty, Director at Silicon Valley Bank said, “We have had a long-term relationship with Cartiva and are pleased to offer them the financial services they need to support their rapidly expanding business.”
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    Cartiva Completes Enrollment in Synthetic Cartilage Implant Trial for Osteoarthritis Cartiva Completes Enrollment in Synthetic Cartilage Implant Trial for Osteoarthritis
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    Related Breaking News

    • Materials | Trauma/Sports
      A Biodegradable Bone-Fixing Composite Made Partly of Spider Silk

      A Biodegradable Bone-Fixing Composite Made Partly of Spider Silk

      The new composite consists of long silk fibers and fibers of polylactic acid, a biodegradable thermoplastic.
      University of Connecticut 04.20.18

    • Trauma/Sports
      Advanced Biomedical Technologies Receives Chinese CFDA Approval of Polymer Fixation Screws

      Advanced Biomedical Technologies Receives Chinese CFDA Approval of Polymer Fixation Screws

      Polymer PA is the first of its kind among all polymer-based implantations.
      GlobeNewswire 04.20.18

    • Smith & Nephew’s Expert Connect Center Endorsed by Royal College of Surgeons

      Smith & Nephew’s Expert Connect Center Endorsed by Royal College of Surgeons

      The endorsement follows an in-depth assessment of the facilities, resources and portfolio offered at the ECC.
      Smith & Nephew plc 04.20.18


    • Stradis Healthcare Announces New Medical Device Packaging Division Director

      Stradis Healthcare Announces New Medical Device Packaging Division Director

      Wes Owen has held sales and business development positions for MWV Healthcare Packaging.
      Stradis Healthcare 04.19.18

    • Oregon Surgical Institute to Implement Zimmer Biomet Signature Solutions Outpatient Program

      Oregon Surgical Institute to Implement Zimmer Biomet Signature Solutions Outpatient Program

      New ambulatory surgery center to implement consulting, healthloop components from Signature Solutions program.
      Zimmer Biomet Holdings Inc. 04.19.18

    • Trauma/Sports
      Game Ready Launches Full Leg Wrap for Compression, Cold, and Heat Therapies

      Game Ready Launches Full Leg Wrap for Compression, Cold, and Heat Therapies

      Injury and surgery recovery company introduces the first full leg boot to combine a multitude of recovery therapies.
      PR Newswire 04.18.18


    • Study: Burn Wound Management Strategy Including Nanocrystalline Silver Dressings May Reduce Costs

      Study: Burn Wound Management Strategy Including Nanocrystalline Silver Dressings May Reduce Costs

      Study reported a total cost reduction of 23 percent from 2014 to 2016.
      Smith & Nephew plc 04.18.18

    • Biologics
      Stable Cartilage Tissue Successfully Cultivated from Stem Cells

      Stable Cartilage Tissue Successfully Cultivated from Stem Cells

      Study results open new perspectives in the regeneration of articular cartilage.
      University of Basel 04.17.18

    • Large Joint
      Zimmer Biomet Announces FDA Clearance of the Persona Trabecular Metal Tibia

      Zimmer Biomet Announces FDA Clearance of the Persona Trabecular Metal Tibia

      Regulatory clearance allows Zimmer Biomet to provide a fully cementless total knee solution.
      Zimmer Biomet Holdings Inc. 04.17.18


    • Instruments | Large Joint | Trauma/Sports
      FDA Clears Ceterix Orthopaedics

      FDA Clears Ceterix Orthopaedics' NovoStitch Pro Meniscal Repair System

      Meniscus surgery is one of the most common surgical procedures in the United States, with one million performed annually.
      Business Wire 04.16.18

    • Spine/Neurology
      DeGen Medical Receives E3 MIS System FDA Clearance

      DeGen Medical Receives E3 MIS System FDA Clearance

      The system gives surgeons three different MIS towers to choose from inter-operatively in a two-tray configuration.
      Globe Newswire 04.16.18

    • Spine/Neurology
      Spineology Reveals 12-Month Outcomes for Interbody Fusion Clinical Trial

      Spineology Reveals 12-Month Outcomes for Interbody Fusion Clinical Trial

      Evaluated safety & effectiveness in instrumented lumbar interbody fusion procedures for degenerative disc disease treatment.
      Business Wire 04.13.18

    • Spine/Neurology
      Augmedics Completes Cadaver Study Using Xvision-Spine Augmented-Reality Surgical Navigation

      Augmedics Completes Cadaver Study Using Xvision-Spine Augmented-Reality Surgical Navigation

      Study yields up to 96.7 percent accuracy and excellent usability rating.
      Augmedics 04.13.18

    • Spine/Neurology
      Titan Spine Announces Review of Research Supporting its nanoLOCK Titanium Spinal Implants

      Titan Spine Announces Review of Research Supporting its nanoLOCK Titanium Spinal Implants

      Data shows titanium nanotextured surface directly interacts with cells on a molecular level to generate specific responses.
      Titan Spine LLC 04.12.18

    • 3-D Printing/Additive Mfg. | Spine/Neurology
      CoreLink Launches Foundation 3D Printed Titanium Interbody Cages

      CoreLink Launches Foundation 3D Printed Titanium Interbody Cages

      Additive manufacturing utilized to create Mimetic Metal technology that mimics key characteristics of natural bone.
      Business Wire 04.12.18


    Breaking News
    • A Biodegradable Bone-Fixing Composite Made Partly of Spider Silk
    • Advanced Biomedical Technologies Receives Chinese CFDA Approval of Polymer Fixation Screws
    • Smith & Nephew’s Expert Connect Center Endorsed by Royal College of Surgeons
    • Stradis Healthcare Announces New Medical Device Packaging Division Director
    • Oregon Surgical Institute to Implement Zimmer Biomet Signature Solutions Outpatient Program
    View Breaking News >
    CURRENT ISSUE

    March/April 2018

    • Impact of Additive Manufacturing on the Orthopedic Industry
    • Exiting a World of Pain
    • Maintaining a Laser Focus
    • View More >

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