Article: Arteriocyte and DW Healthcare launch new device company.

New ventures

Arteriocyte and DW Healthcare launch new device company

By AMANDA PEDERSEN

Medical Device Daily Staff Writer

Stem cell biologics company Arteriocyte (Cleveland) and private equity firm DW Healthcare Partners (Salt Lake City, Utah) have formed a new device company aimed at developing products for cardiac, orthopedic and vascular surgeries.

DW Healthcare provided a $10 million growth capital investment to the new company.

The new company, Arteriocyte Medical Systems (Cleveland), will build off technology from Arteriocyte, which is developing therapy products from adult-derived stem cells. Initially it will ...

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