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Financing muscle for spinal implant. Redmond-based Archus Orthopedics Inc. raises $35 million

January 19, 2006 /

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Redmond-based Archus Orthopedics Inc. announced Wednesday that it has raised $35 million for its experimental spinal implant device, giving the region’s biomedical community another financial boost.

The money will support a clinical trial for the tiny, stainless steel and titanium product, which is designed to restore normal motion to people who suffer from spine problems, said Jim Fitzsimmons, Archus chief executive.

By BRAD WONG
SEATTLE POST-INTELLIGENCER REPORTER

Full Story: http://seattlepi.nwsource.com/business/256211_archus19.html

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