Conventus Orthopaedics has raised $20 million to fund and commercialize fracture repair therapies.
Here are four things to know:
1. Deerfield Management led the financing, which was fully funded by the existing ownership.
2. The company will use the $20 million equity financing to develop more Cage extremity fracture repairs.
3. The Conventus Cage is an implant that repairs shoulder, elbow and wrist fractures.
4. Clinical results show patients experience stable fracture fixation and recover quickly with less pain, improved range of motion and fewer surgical complications than other repair methods.
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