Veteran hip and knee implant manufacturer raises $8M

Orthopedics maker raises $8M to expand hip and knee joint offerings (MedCityNews)
Consensus Orthopedics just raised $8 million from Los Angeles-based Breakwater Investment Funds, CEO Colleen Gray said, to be used as growth capital.
“Hip and knee replacements are a pretty capital-intensive business,” Gray said. “We’re doing this so we can continue on our trajectory, and bring out some new products.
The company’s sort of your tried-and-true maker of artificial hip and knee joints – it’s been around since 1992, and says it has implanted more than 25,000 knees and 15,000 hips worldwide. The compan...