Back pain treatment co Spine21 raises $222,000

Back pain treatment co Spine21 Ltd. has raised $222,000 in the form of a loan from its current investors. The loan is for one year at an interest rate of 8%.
Spine21 develops implants for the spine, which alleviate leg and lumbar pains. Known as the Bionic Spacer system, the implant includes a miniature electromechanical system that can control the gap between vertebrae, thereby neutralizing the source of the pain. Using RF (Radio Frequency) control, the surgeon will have the ability to activate a miniature electro-mechanic mechanism in order to increase or decrease the spacer’s size.


Josh Sandberg

Josh Sandberg is the President of Ortho Spine Partners and Partner for The De Angelis Group. He also serves as Co-Founder and Editor of OrthoSpineNews.

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