OrthoSpin has won FDA 510(k) clearance for its robot-assisted external fixation system for orthopedic treatments. Misgav, Israel-based OrthoSpin’s system is designed to automatically make pre-programmed adjustments to eliminate manual adjustments and patient training while reducing the need for follow-ups. The system could change the outcomes of orthopedic treatments such as bone lengthening, setting complex fractures […]
The Trendlines Group
Johnson & Johnson leads $3m round for OrthoSpin
Trendlines Group (SGX:42T; OTC:TRNLY) subsidiary OrthoSpin said it raised $3 million for its robotic external fixation device in a round led by Johnson & Johnson (NYSE:JNJ). Founded in 2014, Misgav, Israel-based OrthoSpin said its device is designed to replace the manual adjustments patients must make to their fixation devices after procedures for bone lengthening, setting complex fractures and […]
B Braun inks investment, cooperative deal with Trendlines Medical Sinagpore
B. Braun said today that it inked an investment and cooperation agreement with Trendlines subsidiary Trendlines Medical Singapore, making them a minority shareholder in the company. With the investment, B Braun will hold a 20.7% stake in the company, while Trendlines holds a 79.3% stake. Get the full story at our sister site, Medical Design […]
Gordian Surgical wins FDA clearance, raises $2m for TroClose1200
Trendlines Medical portfolio company Gordian Surgical said this week it won FDA clearance for its TroClose 1200, along with announcing the closure of a $2.3 million funding round. The Israel-based company’s TroClose 1200 trocar is designed to enable access to the abdomen during laparoscopic surgery, as well as closing the access through suturing incisions in the abdominal wall. […]
B. Braun’s Aesculap puts nearly $3m into ApiFix
B. Braun’s Aesculap division today invested $2.8 million into ApiFix’s $5 million Series B financing round to help support ApiFix’s minimally invasive, non-fusion spinal implant system designed to treat adolescent idiopathic scoliosis. The ApiFix device, which won CE Mark clearance for use in the European Union in 2012, is designed to correct adolescent idiopathic scoliosis […]
Chinese VC Virtus gets in on $1m round for Gordian Surgical
Trendlines Medical portfolio company Gordian Surgical said today it raised nearly $1 million in a new round of funding joined by Chinese venture capital firm Virtus Inspire Ventures. Gordian is developing a trocar device that inserts sutures into tissue surrounding incisions at the beginning of a procedure and anchors them in place throughout the operation, the […]
Elastimed raises $1m for ‘smart’ compression stocking
Trendlines Medical portfolio company Elastimed said today it raised $1 million to support its development of ‘smart’ compression stockings. The Israel-based company is developing a wearable smart material stocking to treat chronic venous insufficiency and prevent deep venous thrombosis, according to a press release. “We are extremely pleased with the interest that our technology has generated. […]
Medtronic-Covidien merger will rival JNJ medical device operations | The week in medtech M&A
Incubator group buys prostate treatment tech from Endo Health
An Israeli medical device incubator said it paid an unspecified amount for the R&D product it co-developed with Endo Health Solutions (NSDQ:ENDP).
Baxter makes a smaller buy with $9.5M acquisition of FlowSense
Corrected September 11, 2013, at 3:30 p.m.*
