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Archive for June, 2016

20
Jun

SI-BONE, Inc., a medical device company that pioneered the use of the iFuse Implant System®, a triangular-shaped minimally invasive surgical (MIS) device indicated for fusion for certain disorders of the sacroiliac (SI) joint, announced the closing of a $20 million round of growth capital financing. New investor Arboretum Ventures led the round and all of SI-BONE’s existing major investors participated.

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14
Jun

SI-BONE, Inc., a medical device company that pioneered the use of the iFuse Implant System® (“iFuse”), a minimally invasive surgical (MIS) device indicated for fusion for certain disorders of the sacroiliac (SI) joint, announced that the U.S. Food and Drug Administration (FDA) has cleared a 510(k) to allow modification of its indication statement noting that clinical studies have demonstrated that treatment with the iFuse Implant System improve pain, patient function and quality of life. The revised indication statement is based on extensive safety and effectiveness data from retrospective studies as well as three prospective clinical trials.

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01
Jun

Strata Oncology, a precision medicine company, today announced the completion of a Series A financing of $12M. The financing will fuel Strata’s state-of-the-art tumor sequencing operation and implementation of the Strata Trial, a nation-wide effort aimed at substantially increasing the number of enrollments in precision medicine clinical trials. Arboretum Ventures and Baird Capital co-led the financing, with additional funding provided by Strata’s existing investor, Michigan eLab.

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