Surgical Frontiers is looking to make investments in young musculoskeletal technology companies with the $7 million fund it just secured.
The company has already promised some of the cash to 3 portfolio companies with orthopedic technologies in foot & ankle, sports medicine and trauma, the company said.
Surgical Frontiers’ portfolio includes FirstRay in foot & ankle devices, Intrafuse in trauma and Kator in sports medicine, according to the incubator’s website.
"By identifying unmet clinical needs and than applying our capital efficient model for business incubation, we plan to use this fund to develop highly differentiated surgical technologies that have the potential to improve patient outcomes," Surgical Frontiers CEO Wade Fallin said in prepared remarks. "In addition to our current focus on these first three portfolio companies, our scalable business model allows us to pursue additional opportunities to collaborate with surgeons, industry and universities to fund, launch and operate development stage companies in the medical technology market."