Connecticut Innovations invested $750,000 in Soft Tissue Regeneration Inc., which moved to Stamford, CT from Charlottesville. Va., after receiving the funding. Soft Tissue's product is a synthetic braided "scaffold" that is surgically attached to the femur and tibia bones when replacing a patient's torn ligament.
Others devices are earlier in the development stage, said Joseph Reilly, CEO, noting that the technology represents a $2 billion global opportunity. "I think we've developed the holy grail of orthopedics," he said, adding that testing in sheep has shown success in tissue regeneratio...