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Orthovita gets $10.8mm from financings
28 Feb 2002
Executive Summary
Orthovita Inc. (bone substitutes) grossed a total of $10.86mm selling common stock at $4 per share in two private equity financings. It sold $7.9mm (1,975,000 shares at a 22% discount) to buyers led by Hambrecht & Quist Healthcare and Life Sciences Investors, followed by $2.96mm (740k shares at about a 13% discount) to Meridian Venture Partners.
Deal Industry
- Biotechnology
- Medical Devices
-
Medical Devices
- Biomaterials
- Implantable Devices
Deal Status
- Final
Deal Type
-
Financing
- Private Placement
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Orthovita gets $10.8mm from financings
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