Kapstone Medical acquired Loukas Medical's assets.
Here are five key points:
1. Loukas Medical is an independent orthopedic engineering firm.
2. Kapstone Medical partners with medical device inventors to accelerate the development and commercialization of devices.
3. Kapstone hopes the acquisition will boost access to a diverse customer base as well as bring in experienced engineering talent and intellectual property.
4. Loukas Medical helped orthopedic and spine device companies with product development and manufacturing. James Rinner founded Loukas and has 60 U.S. patents.
5. Mr. Rinner will join Kapstone's team of experts in engineering, development, regulatory, quality and supply chain management.