Orthohelix Surgical Design

Devices & Diagnostics

Medical device maker Tornier to buy OrthoHelix for a minimum of $135 million

Medical device maker TornierĀ (NASDAQ:TRNX), which makes orthopedics products for extremities including the shoulder and ankle, announced Friday that it is acquiring OrthoHelix Surgical Designs, an Ohio company, for $135 million. Tornier, based in Bloomington, Minnesota, said that it will make additional payments over two years based on the acquiree achieving certain revenue goals. The transaction […]

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Ohio Third Frontier Commission awards $14M in biomedical grants

Ohio Third Frontier commissioners made a slew of biomedical grants under two programs today. Recommended for more than $4.9 million under the Ohio Third Frontier Biomedical Program: — CardioX Corp., Dublin, in collaboration with Nottingham-Spirk Design Associates in Cleveland and QTest Labs in Columbus, was awarded $986,373 to finalize designs and clinical protocols for a […]

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OrthoHelix Surgical puts $4.6M cherry on top of $14M fundraise

Total capital raised corrected 8:13 p.m., June 23, 2010. OrthoHelix Surgical Designs Inc. has added a $4.6 million cherry on top of its third fundraising round for a total of $14 million raised since early 2008. The company that recently relocated to Medina from Akron, Ohio, develops and makes implants and instruments that surgeons can […]