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Novum Medical

novum-medical.com

Stage

Debt - II | Alive

Total Raised

$14.36M

Last Raised

$900K | 1 yr ago

About Novum Medical

Novum Medical designs orthopedic implants using novel biomaterials to provide an enhanced interface between the implant and bone to allow for a more natural healing process and improved performance. The materials and implant technologies under evaluation have broad applications in the musculoskeletal system.

Headquarters Location

12-R Cabot Road

Woburn, Massachusetts, 01801,

United States

781-569-0559

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Expert Collections containing Novum Medical

Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.

Novum Medical is included in 3 Expert Collections, including Medical Devices.

M

Medical Devices

11,721 items

Companies developing medical devices (per the IMDRF's definition of "medical device"). Includes software, lab-developed tests (LDTs), and combination products. *Columns updated as regularly as possible.

R

Regenerative Medicine

1,818 items

Regenerative medicine refers to the process of activating, replacing, engineering or regenerating human genetic material, cells, tissues or organs to restore normal function. It also includes bioengineered tissues used for in vitro testing (e.g. organ-on-a-chip, organoids).

H

Health IT

7,901 items

Novum Medical Patents

Novum Medical has filed 11 patents.

The 3 most popular patent topics include:

  • Bones of the vertebral column
  • Implants (medicine)
  • Neurosurgery
patents chart

Application Date

Grant Date

Title

Related Topics

Status

3/20/2018

3/30/2021

Orthopedic surgical procedures, Bones of the vertebral column, Implants (medicine), Prosthetics, Neurosurgery

Grant

Application Date

3/20/2018

Grant Date

3/30/2021

Title

Related Topics

Orthopedic surgical procedures, Bones of the vertebral column, Implants (medicine), Prosthetics, Neurosurgery

Status

Grant

Latest Novum Medical News

Bio2 Technologies recruits first patient for Vitrium cervical implant trial

Aug 6, 2019

Bio2 Technologies has announced the first implantation of an index patient in its Vitrium cervical interbody clinical trial Image: Vitrium cervical fusion investigational device. Bio2 Technologies has recruited the first patient in the randomised, multi-centre and clinical trial of the Vitrium cervical interbody device. The company has secured an investigational device exemption (IDE) approval from the US Food and Drug Administration (FDA) to carry out the study after pre-clinical studies showed Vitrium implants are substituted with a newly regenerated bone while exhibiting sufficient strength for use in load-bearing reconstructive surgeries such as spinal fusion. Vitrium cervical interbody clinical trial Vitrium is a new class of resorbable orthobiomaterial with broad application in musculo­skeletal surgery. The company has announced the first implantation of an index patient in the Vitrium cervical interbody clinical study. The Orthopaedic Institute of Western Kentucky’s Dr Brandon Strenge conducted the procedure. Strenge said: “I am very excited to be a part of this study evaluating a device that harnesses the patient’s own regenerative process to achieve a fusion without metal or plastic left behind.” The company will enroll up to 168 patients in a prospective study to compare the Vitrium cervical implant to allograft (cadaver bone). Vitrium will enable the surgeon to reconstruct bony anatomy without the clinical compromises inherent in currently available technologies. Vitrium, constructed exclusively of bioactive glass, is porous, load-bearing, osteoconductive and bioactive. Vitrium resorbable implants serve as an alternative to the machined allograft, porous metal, and PEEK. According to the company, Vitrium interbody devices are fully replaced by bone resulting in TBF (Total Biologic Fusion). Bio2 Technologies chief operating officer Dr Janet Krevolin said: “We’re excited to have the first patient implanted with the Vitrium Cervical Interbody Device. “We look forward to returning to the gold standard outcome of a total biologic fusion with no foreign material remaining in the disc space.” Based in Woburn of Massachusetts, Bio2 Technologies is involved in the development of advanced orthobiomaterials through using an advanced process. It also commercialises implantable devices constructed from these materials for distribution through exclusive marketing partners. Do you have interesting content to share with us? Enter your email address so we can get in touch. Related Article

Novum Medical Frequently Asked Questions (FAQ)

  • Where is Novum Medical's headquarters?

    Novum Medical's headquarters is located at 12-R Cabot Road, Woburn.

  • What is Novum Medical's latest funding round?

    Novum Medical's latest funding round is Debt - II.

  • How much did Novum Medical raise?

    Novum Medical raised a total of $14.36M.

  • Who are the investors of Novum Medical?

    Investors of Novum Medical include DSM Venturing and Jacobs Investment Company.

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