Catalyst OrthoScience today announced that it received FDA 510(k) clearance for its reverse shoulder system. The reverse shoulder system is a total shoulder prosthesis designed for severe shoulder arthritis patients in conjunction with a grossly deficient or non-functional rotator cuff. The design is inverted compared to traditional anatomic total shoulder prosthesis where the articulating sphere […]
Catalyst OrthoScience
Catalyst OrthoScience raises $13m for total shoulder replacement
Catalyst OrthoScience said today that it raised nearly $13 million for the total shoulder replacement device it developed. The $12.7 million oversubscribed Series C-1 round was led by River Cities Capital Funds, Naples, Fla.-based Catalyst said. “This funding will be instrumental in fueling rapid growth for Catalyst through increased inventory, expanded distribution and new product development,” […]