Empirical Spine Closes $10 Million Series B Financing

Jun 02, 2021•about 4 years ago

Amount Raised

$10 Million

Round Type

series b

San Carlos

Description

Empirical Spine, Inc., maker of the LimiFlex Paraspinous Tension Band, today announced the closing of a Series B financing of $10 million. SHD (Scientific Health Development) led the round, with additional investment from GP&G (Green Park & Golf) and other syndicate members. The funds will be used to advance the product on its path to market, including completing the ongoing pivotal trial and submitting all components of the PMA filing to the FDA.

Company Information

Company

Empirical Spine

Location

San Carlos, California, United States

About

Empirical Spine, Inc. is a privately held company developing advanced solutions for the surgical treatment of spinal disorders. The company is currently running a pivotal IDE trial in the U.S. on its motion-preserving Paraspinous Tension Band, LimiFlex. LimiFlex is a minimally invasive implant that is designed to stabilize the spine after decompression surgery yet preserve motion. Caution: The LimiFlex Paraspinous Tension Band is an investigational device in the United States and is limited by law to investigational use.

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