Notice: Function _load_textdomain_just_in_time was called incorrectly. Translation loading for the wordpress-seo domain was triggered too early. This is usually an indicator for some code in the plugin or theme running too early. Translations should be loaded at the init action or later. Please see Debugging in WordPress for more information. (This message was added in version 6.7.0.) in /var/www/html/wp-includes/functions.php on line 6260 Active Implants Corp. Raises $10M to Expand Hip, Knee Segments - Orthopedic Design & Technology

What are you searching for?

Sign in

Active Implants Corp. Raises $10M to Expand Hip, Knee Segments

The orthopedic device maker named a new CEO in May.

Author Image

By: Michael Barbella

Managing Editor

Active Implants Corp., based in Memphis, Tenn., has raised $10 million from stock offerings to advance its products in the hip and knee segments of the orthopedic markets, according to a report in the Memphis Business Journal.

This news comes less than a month after the orthopedic device manufacturer named a new CEO, Michael R. Mainelli Jr.

“This new financing enhances our ability to move forward toward achieving our development, clinical, regulatory and early commercialization milestones,” said Active Implants Mainelli Jr. to the business journal.

Active Implants is an orthopedic device maker that specializes in polymer technologies for the bearing surfaces of hip and knee products.

Add us as a preferred source on Google

Get the latest Orthopedic Design & Technology news, insights and analysis in your Google Search and AI experiences.

Add Orthopedic Design & Technology as a preferred source on Google (opens in a new tab)

Keep Up With Our Content. Subscribe To Orthopedic Design & Technology Newsletters