Intrinsic Orthopedics
This article was originally published in The Gray Sheet
Executive Summary
Wilmington, Massachusetts firm raises $7.2 mil. in venture capital financing round led by New Enterprise Associates. Funds are tabbed for supporting development of the company's spinal soft-tissue repair products. Spray Venture Partners also participated in the round. "The investment...gives us a remarkable opportunity to further the development of our proprietary intervertebral disc repair products," President/CEO Greg Lambrecht comments in a Jan. 19 release