OrthoSpace Ltd.
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OrthoSpace Ltd. - overview
Established
2009
Location
Haifa, -, Israel
Primary Industry
Medical Devices & Equipment
About
OrthoSpace Ltd. is focused on developing innovative medical technologies, particularly in the field of orthopedic solutions, aimed at improving patient outcomes and advancing healthcare practices. Founded in 2009 in Haifa, Israel, OrthoSpace Ltd. specializes in medical devices related to orthopedics.
The company was acquired by Stryker Corporation in a TRADE SALE for USD 110. 00 mn on March 14, 2019, with future milestone payments also expected to reach USD 110. 00 mn. OrthoSpace Ltd.
designs and manufactures advanced orthopedic medical devices intended to enhance clinical outcomes. Their product line focuses on innovative solutions for orthopedic reconstruction, ensuring healthcare providers can effectively address complex surgical needs across various settings, including hospitals and surgical centers. OrthoSpace Ltd. operates on a B2B revenue model, supplying medical devices directly to healthcare facilities.
Their financial transactions typically involve bulk purchasing agreements, allowing clients to obtain a range of orthopedic products, including implants, at negotiated prices. Collaborations with healthcare providers also contribute to their revenue through service agreements related to product maintenance and training. Following the acquisition by Stryker Corporation, OrthoSpace Ltd. aims to leverage new funding for the development of additional orthopedic products and expand its market reach.
Targeting entry into new geographical regions, including Europe and Asia-Pacific, the company plans to enhance its offerings by 2023. The recent funding will support these initiatives, ensuring the integration of innovative technologies into their product line.
Current Investors
Triventures, Xenia Venture Capital, HealthPointCapital
Primary Industry
Medical Devices & Equipment
Sub Industries
Biotechnology, Medical Devices & Equipment
Website
www.orthospace.co.il
Company Stage
Acquired
Total Amount Raised
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OrthoSpace Ltd. - employee data
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