Small Bone Innovations Makes Top-50 List

Small Bone Innovations, an orthopedic device company that focuses on technologies for small bones and joints, has been ranked No. 24 on a survey of Top 50 venture capital-backed U.S. companies published in The Wall Street Journal, the firm said.

In addition, the company was one of seven healthcare companies and the only orthopedic company to be ranked in the Top 50, which was published on March 9.

According to Small Bone Innovations, almost 5,200 venture capital-backed firms were analyzed by assessing the track record of companies’ founders, management and investors, the amount of capital raised in the past three years and the percentage change in the company’s valuation in the 12 months ending Nov. 30, 2009.

Other achievements the company has reached are:

• Frost & Sullivan selected Small Bone as the recipient of its 2007 Frost & Sullivan Award for Entrepreneurial Company of the Year.

• Also in 2007, Small Bone Innovations was named one of the Red Herring Global 100—a group of the most promising technology companies in the world—selected from a list of 1800 entrants.

• In 2006, the firm was named in the Red Herring North America 100, recognizing it as one of the nation’s leading technology companies and the only orthopedic device company selected.

Anthony Viscogliosi, chairman and CEO, said: “This ranking rewards the efforts of our employees and stakeholders for producing innovative products and underlines the value of our strategy to identify and leverage surgeon and patient demand for better small bone and joint treatments, especially total ankle arthroplasty.”

Small Bone Innovations Inc. was founded in 2004 by Viscogliosi Brothers LLC, a merchant banking firm that specializes in the musculoskeletal/ orthopedics sector. The company has facilities in New York, N.Y., Morrisville, Pa., Bourg-en-Bresse, France, Donaueschingen, Germany, and Kuala Lumpur, Malaysiz.