Story excerpt provided by Becker’s Spine Review.
Written by Anuja Vaidya.
Intellirod Spine announced it has secured debt financing of $1.6 million from the Ohio Third Frontier’s Commercial Acceleration Loan Fund.
The funding allows the company to accelerate its commercialization of the Intellirod Sensor and related lumbar fusion implants. The company also plans on using the funding to gain CE Mark and U.S. Food and Drug Administration approvals.
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Originally Published Tuesday, March 4, 2014.