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Don’t Call it a Comeback…

I have had the great joy to post a great many articles in recent weeks announcing money raised for multiple early stage companies in our space. I wanted to put a quick recap for those counting at home. Just perhaps the economy is strengthening and companies are on the beginning of aggressive growth once again. That sounds like good news for all of us…

Since the beginning of 2010, companies have raised a whopping $215 Million ($131 Million since June!!)

July 2010
BioMimetic Therapeutics $45 Million
DFine, Inc $36.2 Million
DePalma Orthopedics $1.4 Million
Bio2Tech (Boston spinoff of Geo2 Technologies) $1.1 Million
June 2010
Baxano $30 Million
Anulex Technologies $20 Million
April 2010
Articulinx $10 Million
March 2010
Anulex Technologies $3.8 Million
Carticept Medical $20 Million
February 2010
Intrinsic Therapeutics $18 Million
Intra-link Spine $750,000
January 2010
OrthoAlign $5.2 Million
BioCeramic Therapeutics $1.9 Million
BioPoly $2 Million
Salient Surgical Technologies $15 Million
MiMedix Group $5 Million

Let us know if we are missing any. I have also heard rumors that we should be seeing a few more closing within the next few weeks.

Josh Sandberg

Josh Sandberg is the President and CEO of Ortho Spine Partners and sits on several company and industry related Boards. He also is the Creator and Editor of OrthoSpineNews.

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