RTI Surgical Completes Acquisition of Paradigm Spine
UF startup RTI Surgical has announced it has completed the acquisition of Paradigm Spine. Paradigm Spine’s primary product is the Coflex interlaminar stabilisation device. According to a press release, this is a “differentiated, minimally invasive motion preserving stabilisation implant that is FDA PMA-approved for the treatment of moderate to severe lumbar spinal stenosis (LSS) in […]
Exactech Acquires XpandOrtho
UF startup Exactech, a developer and producer of bone and joint restoration products and biologic solutions for extremities, knee, and hip, announced that it has acquired XpandOrtho, a designer of soft tissue balancing instruments for knee replacement surgery. Exactech plans to incorporate XpandOrtho’s technology to enhance its ExactechGPS® computer-assisted surgery system, the only navigation system […]
Peerfit Snags $18 Million in Latest Funding Round
UF startup Peerfit, the Tampa-based digital health startup, has secured another multimillion-dollar funding deal. An $18 million Series C funding deal with Peerfit closed March 18, according to Virgo Investment Group managing director Pooja Goel in an interview with the Tampa Bay Business Journal. The investment group is based out of Silicon Valley. The clincher for the […]
Four of 16 Cade Prize Finalists Are Local
Four of the Sweet 16 finalist for the annual Cade Prize are local companies. Cade officials said in a news release Friday that the Sweet 16 finalist expo will be held April 10 and the Final Four will be honored at the Inventivity Bash May 18. The Cade Prize rewards inventors and entrepreneurs who demonstrate […]
CRO Clinipace Adds to Capital Raising With Another $4 Million
UF startup Clinipace Inc., a contract research organization, has raised $4 million by selling private equity, according to a filing Thursday with the Securities and Exchange Commission. The Morrisville-based company raised the money from 13 investors, according to the filing. Clinipace had raised $5.7 million in September 2018 and $10 million in December 2017. Learn more about CRO […]
Exactech Wins FDA Nod for Alteon Cup, XLE Liner Acetabular System
UF startup Exactech said it won FDA 510(k) clearance for its new Alteon Cup and XLE liner acetabular system. The Gainesville, Fla.-based company said that the newly released devices are integrated into its Alteon Platform system. The Alteon Cup will include multiple implant configurations and bearing options and features an asymmetric porous coating. Exactech said […]
Cannabix Technologies Provides Update on Marijuana Breathalyzer Development
UF startup Cannabix Technologies Inc., developer of the Cannabix Marijuana Breathalyzer for law enforcement and the workplace, is pleased to report that early testing with its breath collection unit (“BCU”) has thus far provided stable and consistent results. In late January, the Company received an initial version of its portable handheld device for the collection […]
Exactech Knees Deliver Excellent Results
Exactech, a developer and producer of bone and joint restoration products for extremities, hip and knee, announced today new scientific and clinical research that documents excellent results with the Truliant® Total Knee System implants and instruments and ExactechGPS® computer-assisted technology. The studies, which also demonstrate positive surgeon experience and improved accuracy in total joint replacement, […]
Roche Makes $4.8 Billion Bid for Spark Therapeutics and Its Gene Therapy Programs
Research by UF’s Dr. William Hauswirth is behind the gene therapy that resulted in Spark Therapeutics’ Luxturna, an FDA-approved gene therapy for a rare, genetic form of blindness. Shares of Spark Therapeutics have skyrocketed more than 120 percent this morning after Swiss pharma giant Roche announced plans to acquire all outstanding shares of the gene therapy company’s stock at $114.50 per […]
Merck Animal Health and Rapid Genomics Sign Exclusive Agreement on Vaccine Verification
Merck Animal Health, a division of Merck & Co., Inc., Kenilworth, N.J., USA, announced a collaboration agreement with UF Innovate | The Hub anchor client Rapid Genomics which grants the company exclusive rights to Rapid Genomics’ vaccination verification tool, Viral Flex-Seq®. This tool will be utilized in combination with Merck Animal Health’s Innovax® range of […]