DGIMed Ortho, a trauma startup, raises $3.3M by issuing debt

Orthopedics device startup raises $3.3 million by issuing debt (MedCityNews)
The Minnetonka, Minnesota company was founded in 2008 to commercialize the Distalock nail and drill system comprising intramedullary nail implants and instruments as well as a disposable drill. The systems helps surgeons quickly and accurately place the distal locking screws that are meant to stabilize the rod-like implants used to treat long bone fractures. The method also differs from conventional techniques in that it reduces or eliminates the use of X-ray, thereby lowering the radiation exposure that surgeons, pat...