Stryker (NYSE:SYK) announced today that it has bought privately-held OrthoSensor and its Verasense intraoperative sensor tech that could further enhance the ortho giant’s Mako robots. The financial terms of the deal were not disclosed. Stryker officials in a news release noted that Verasense since 2011 has proved itself to be a unique knee balancing solution in […]
Orthosensor Inc.
OrthoSensor raises $1.3M
Sensor-assisted orthopedic technology developer OrthoSensor filed an SEC Form D yesterday confirming the sale of $1.3 million in debt. Dania Beach, Fla.-based OrthoSensor made its first sale in the new notice on Oct. 9, 2020. The offering total is $2.5 million, leaving $1.2 million remaining to be sold, according to the filing. The offering, which […]
FDA issues 510(k) for OrthoSensor knee arthroplasty sensor
The FDA issued 510(k) clearance to OrthoSensor for its Verasense sensor-assisted technology, which the company says is the only single-use intelligent sensor that measures tibial coronal alignment and ensures soft-tissue balance. The sensor is used during primary and revision total knee arthroplasty along with the Zimmer Biomet Persona knee implant system. It’s then discarded. According […]
10 orthopedic products from AAOS 2019 you need to know
The American Academy of Orthopaedic Surgeons (AAOS) annual meeting in Las Vegas is abuzz about robotics, according to industry analysts from SVB Leerink. While the SVB Leerink analysts termed Stryker’s (NYSE:SYK) Mako platform “best-in-class,” it’s an expanding category. Other major orthopedics companies are using this week’s AAOS meeting to introduce new offerings or tout updates to existing […]
One investor puts $2.5 million into OrthoSensor
OrthoSensor has raised $2.5 million in a new round of financing, according to a filing with the Securities and Exchange Commission. In the round, the Dania Beach, Fla.-based company offered debt, options, warrants and securities to be acquired upon the exercising of those options or warrants, according to the filing. The sale was recorded on Aug. 10 of […]
OrthoSensor wins FDA nod for Verasense knee system
OrthoSensor said today it won FDA 510(k) clearance for its Verasense sensor-assisted device designed to be used with Zimmer Biomet‘s (NYSE:ZBH) Persona knee system during total knee replacement procedures. The newly cleared Verasense device uses advanced sensors and wireless connectivity to analyze knee balance and improve outcomes during total knee procedures using the Persona knee system, […]
Funding Roundup: Swiss Advanced Vision seeks $21m for auto-focus IOL
Funding Roundup A clutch of medical device companies raised cash to fund their operations, includingAscentX Medical, Avenda Health, Global Kinetics, Nephros, OrthoSensor and Swiss Advanced Vision. Here’s a look at them, their technologies and how much they drummed up. Next >>
OrthoSensor raises $6.3m
OrthoSensor raised $6.3 million in a new round of mixed financing, according to an SEC filing posted this week. Money in the round came from 15 unnamed sources, according to the SEC filing, with the 1st sale recorded on April 10 this year. OrthoSensor is not looking to raise anymore funds in the round. In […]
OrthoSensor inks collaborative dev deal with IM-Tech
OrthoSensor said today it inked a strategic partnership agreement with electronic component maker IM-Tech that includes development collaboration, manufacturing and capital investment. The companies said the deal would allow them to improve OrthoSensor’s Verasense disposable sensor. The Verasense is designed to aid surgeons measure proper placement and motion during total knee replacements. The system analyzes ligament […]
OrthoSensor pulls in $3.9m
OrthoSensor today reported it raised $3.9 million in a new round of financing looking to bring in another $8.1 million before closing, according to an SEC filing. Dania Beach, Fla.-based Orthosensor develops and produces the Verasense system, designed to aid surgeons measure proper placement and motion during total knee replacements. The system analyzes ligament balance and returns […]
