Financing In Brief
This article was originally published in The Gray Sheet
Executive Summary
Disc Dynamics: Minnesota firm announces completion of $27 million financing round, with funds to go toward development of the minimally invasive Dascor disc arthroplasty system for treating lower back pain associated with degenerative disc disease. The nucleus replacement implant, CE-marked in Europe, is in a prospective, multicenter pilot clinical study in the United States. Privately owned Disc Dynamics was incorporated in 2000, with its first major financing round in 2004 (1"The Gray Sheet" Aug. 7, 2006, In Brief)...