ExsoMed Corp.
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ExsoMed Corp. - overview
Established
2012
Location
Aliso Viejo, CA, US
Primary Industry
Medical Devices & Equipment
About
ExsoMed Corp. is a medical device company focused on developing advanced surgical solutions for orthopedic procedures, aiming to enhance surgical outcomes and improve patient recovery. ExsoMed Corp. specializes in innovative orthopedic surgical solutions.
Founded in 2012, the company is headquartered in Aliso Viejo, US. In July 2022, Acumed LLC acquired ExsoMed Corp. , with financial terms undisclosed. The company has participated in 4 deals, with the most recent deal occurring on July 6, 2022.
The total amount raised by ExsoMed to date is USD 8. 92 mn, which was achieved in the latest funding round, an Unspecified Round. ExsoMed Corp. designs and manufactures cutting-edge surgical products that address a variety of orthopedic procedures.
Their offerings include advanced plating systems, fixation devices, and orthobiologics tailored to improve surgical efficiency and patient recovery across several specialties such as hand & wrist surgery and neurosurgery. Their products are primarily distributed in North America and select markets in Europe and Asia, targeting hospitals and orthopedic clinics. ExsoMed generates revenue through direct sales to healthcare providers, offering surgical products under business-to-business agreements with hospitals and surgical centers. The business model involves not only supplying products but also providing necessary training and support for medical professionals.
Pricing is determined by the complexity of each product, ensuring alignment with the value offered in surgical environments. Following its acquisition by Acumed LLC in July 2022, ExsoMed is focused on expanding its product portfolio and market reach. The company is currently working on launching new orthopedic surgical solutions, although specific release dates have not been disclosed. Additionally, plans are in place to enter new geographic markets, particularly in Europe and Asia by late 2023.
The recent funding of USD 8. 92 mn will be utilized to support these initiatives, enhancing product development and market expansion efforts.
Primary Industry
Medical Devices & Equipment
Sub Industries
Surgical Devices, Medical Software
Website
www.exsomed.com
Verticals
HealthTech, Manufacturing
Company Stage
Acquired
Total Amount Raised
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