deals, VC, medical devices
Soteira Snags $6.6M in Equity Round
Ryan McBride 5/8/09
Soteira, a Natick, MA-based medical devices startup, has raised $6.6 million of a proposed $12 million round of private equity financing, according to an SEC filing. The filing does not list the investors in the round, and Soteira CEO Larry Jasinski couldn’t be reached at his office yesterday or today. The company is developing a system for treating vertebral compression fractures caused by osteoporosis, cancer, or traumatic injuries, according to the website of one of its investors, Fletcher Spaght Ventures. Soteira does not appear to have an active website.
Ryan McBride is Xconomy's correspondent. You can reach him at rmcbride@xconomy.com, or follow him on Twitter at http://twitter.com/Ryan_McBride.
7/4/09 8:45 am
Yao Ming UPDATE: China Fears Yao Ming Injury Could End His Career
” Rockets team physician Tom Clanton told the Houston Chronicle. “One of the things we are trying to get is a consensus opinion on that, to make certain there is no option we are overlooking that would provide an earlier return or would be an option for treatment that he would prefer rather than doing additional surgery.”
http://www.time.com/time/world/article/0...
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Soteira, Inc.
Dedham, MA
http://www.fletcherspaght.com/ventures/c...
Competitive Technologies’ Bone Biomaterial Attracts Additional Investment for Soteira
http://www.globenewswire.com/newsroom/ne...
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Competitive Technologies (NYSE Amex – CTT)can provide a solution to Yao Ming’s serious problem” “The bone biomaterial technology is a flowable, moldable paste that conforms to and interdigitates with the host bone. It rapidly hardens itself in vivo, forming a solid bone-like structure capable of stabilizing fractured bone within 15 minutes, and supports the growth of cartilage and bone cells. The technology has superior compressive strength, making it suitable for weight and non-weight bearing bones, and is both machinable and drillable.”
Houston Rocket’s Management, are you listening?????