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Article: Arteriocyte and DW Healthcare launch new device company.
- Article from:
- Medical Device Daily
- Article date:
- October 26, 2007
CopyrightCOPYRIGHT 2007 A Thomson Healthcare Company. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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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 ...