Miach Orthopaedics today announced that it’s closed on $40 million in financing to support expanded U.S. commercialization of its Bear implant to treat ACL tears. The financing includes $30 million in Series B equity from lead investors Sectoral Asset Management and Endeavour Vision. Existing investors — including Amzak Health, Smith+Nephew, DSM Venturing and the NFL […]
Miach Orthopaedics
Miach Orthopaedics makes ACL tear implant commercially available in U.S.
Miach Orthopaedics announced today that it made the BEAR implant for treating anterior cruciate ligament (ACL) tears commercially available in the U.S. Westborough, Massachusetts–based Miach designed the BEAR (Bridge-Enhanced ACL Restoration) implant to enable the healing of a patient’s torn ACL, shifting from the current standard of care that includes reconstruction that replaces the ACL […]
FDA clears first torn-ACL implant
Connective tissue repair implant maker Miach Orthopaedics announced that it received FDA de novo clearance for its ACL repair implant. Westborough, Mass.-based Miach said today in a news release that its Bridge-Enhanced ACL repair — BEAR — implant received the de novo marketing approval for treating anterior cruciate ligament (ACL) tears. BEAR is touted as the […]
Miach names new VP of manufacturing
Connective tissue repair implant maker Miach Orthopaedics announced that it named Stephen Wohlert as its new vice president of manufacturing. A 15-year veteran of the medical device and over-the-counter drug concept and product development space, Wohlert recently served as the director of research & development at Professional Disposable International. He also held the same position […]
Nelipak names Roger Prevot CEO | Personnel Moves, Oct. 16, 2019
Nelipak Corp. said last week that Roger Prevot will take over as CEO, following the retirement of current CEO Michael Kelly. Kelly was in charge when private equity giant Kohlberg bought Nelipak for an undisclosed amount July 2. Kelly is retiring after overseeing the deal and positioning the company for the next phase of its […]
Miach Orthopaedics fills quality, clinical roles | Personnel Moves, April 17, 2019
Miach Orthopaedics said today that it tapped a pair of executives to oversee the quality systems and clinical program for the knee ligament repair device it’s developing. Miach is working on bio-engineered implants for surgical connective tissue repair, aiming first at anterior cruciate ligament repair with its Bridge-Enhanced ACL Repair device, a sponge that’s designed […]
Miach Orthopaedics touts results of two-year study on ACL repair
Miach Orthopaedics said that a study of its bio-engineered implant for autograft anterior cruciate ligament (ACL) repair revealed results similar to those achieved by traditional ACL repair surgeries two years post-procedure. The non-randomized, two-arm study conducted at Boston Children’s Hospital enrolled 10 patients treated with Miach Orthopaedics’ bridging scaffold-enhanced ACL repair (BEAR) implant with hamstring autograft […]
Former Rotation Medical CEO Shadan joins Miach Ortho | Personnel Moves – January 3, 2019
Early stage medtech firm Miach Orthopaedics said today that it named former Rotation Medical CEO and medtech vet Martha Shadan as its new prez and chief executive officer. Shadan has held numerous leadership positions at medtech firms, including Zimmer Biomet (NYSE:ZBH), Covidien, Bristol Myers Squibb and Merck, Westborough, Mass.-based Miach said. Prior to joining Miach, Shadan […]
NFL players get in on $23m Series A for Miach Orthopaedics
The National Football League Players Assn. got in on a nearly $23 million Series A round for Miach Orthopaedics and its knee repair technology, the Boston-based company said today. Miach is developing bio-engineered implants for surgical connective tissue repair, aiming first at anterior cruciate ligament repair with its Bridge-Enhanced ACL Repair product, a sponge that’s designed to […]