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Amedica gets $16.8mm with Series C round

Executive Summary

Orthopedics device company Amedica grossed $16.8mm with a Series C private placement of preferred shares. The company plans to use some of the funding to launch its first products--including the Arx Ceramic Spinal Spacer System--later this year and to continue developing its pipeline and expand its manufacturing facilities. Proceeds should last Amedica through 2007. Creation Capital acted as the placement agent.
Deal Industry
  • Biotechnology
  • Medical Devices
    • Biomaterials
    • Implantable Devices
Deal Status
  • Final
Deal Type
  • Financing
    • Private Placement

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