Vivorte LLC, a Louisville-based medical device company, has received $200,000 in state funds to develop and market a device aimed at preventing hip fractures during falls.
The equity investment comes from the Kentucky Science and Technology Corp., which provides funding to early-stage technology companies and researchers.
The device was developed by Michael Voor, a professor in the University of Louisville’s Department of Orthopaedic Surgery. His sister, Ruth Voor, is CEO of Vivorte.
Ruth Voor said the small device would be implanted in the hip of patients through a hole less than a half-inch in diameter. It is intended for patients who have experienced certain bone fractures or have osteoporosis.