ExtremitiesFinancialReconSpineSports Medicine

Indiana’s Orthpediatrics raising $6 million

WARSAW, Indiana — Orthpediatrics, which develops implants and other therapies for children, is raising $6 million, according to a filing with the Securities and Exchange Commission.

The company creates a cast-removal tool, orthopedic nails and body plates especially for children. But in June it received a grant to work with Cleveland stem cell researchers to develop a way to release a certain amount drugs that orders cells to create cartilage (the company also relies heavily on a collection of pediatric skeletal data in Cleveland to develop new products).

The company in July raised $12.5 million, according to SEC filings. In August it received a $2 million grant from the state of Indiana to further develop its quiet cast technology.

Tags

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.

Related Articles

Leave a Reply

Your email address will not be published. Required fields are marked *

Close
Themed By teapots