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Last Update 21.4.2021Edit Profile
OrthoSpace logo
OrthoSpace
Biodegradable Balloon System
Non Visible
Non Active, 4/2019 due to acquisition
 

About

OrthoSpace develops and commercializes simple-to-implant biodegradable balloon systems for the orthopedic market. The company aims to create effective solutions for orthopedics that reduce pain and increase patients' range of motion while preserving bone and joint structures. The company's InSpace is an alternative treatment for cases when the rotator cuff is deemed irreparable. The InSpace device, which is based on an implantable, biodegradable balloon system, is implanted in a minimally invasive procedure on an outpatient basis to help alleviate pain and shorten the rehabilitation period. The balloon creates a space between the two bones where friction causes the most pain. Once the spacer is in place, there is no longer friction between the bones and pain is reduced. This reduction in pain enables the body to recuperate faster than it would undergoing comparable surgical treatments. In addition, implementation does not involve hospitalization. The OrthoSpace InSpace has the CE mark and is being marketed in Europe. In the United States, the InSpace is currently approved for investigational use only.

Founded

3/2009

Business models

B2B

Employees

11-50

Product stage

Released

Products

InSpace

Geographic markets

South America, East Asia, Canada, United States, Israel, Europe, Southeast Asia

Funding

Total Funding

$17.6M

Last Funding

$7M

Funding Stage

Seed

Total Rounds

3

Investors

4

The Team

(4)
IB
Itay Barnea
CEO
YM
Yoav Meiraz
COO
YB
Yossi Ben-Zaken
CFO
Ruth Icekson
Marketing director

Company Lifecycle

Event View
Timeline View

Public Offerings & Exits

M&A EXIT
Mar 2019
Type Acquisition
Was acquired by
Stryker Corporation logo
Stryker Corporation
$220M

Non-Equity Funding

Mergers and Acquisitions

Others

Closing Event
Apr 2019

Use Cases (0)

Media gallery

(2)
Orthospace Arthroscopic Procedure animation logo
Orthospace Arthroscopic Procedure animation
Animation of OrthoSpace Balloon for Massive tear logo
Animation of OrthoSpace Balloon for Massive tear

Locations

Israel

Halamish Street 7, Caesarea, Israel

Offices Abroad

Sector

Life Sciences & HealthTech
Medical Devices
Treatment & Therapeutics
Pharma & Biomedicine
Biomaterials

Core Technology

Materials & Substances
Implants

Target Industry

Healthcare & Life Sciences
Healthcare
Patients
Providers

Tags

(10)
medical-technologies minimally-invasive biodegradable orthopedics rehabilitation implants pain-relief medical-devices biomaterials treatments

Target Markets

(2)
healthcare-providers patients

Notes

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