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Ceterix Orthopaedics Raises $19.5 Million for Safe Suture Device


1/15/2013 8:00:31 AM

Surgical tools maker Ceterix Orthopaedics raises a $19.5 million funding round. Ceterix Orthopaedics landed $19.5 million from 5 investers, according to a regulatory filing. The Menlo Park, Calif-based surgical tools maker said it plans to raise an additional $1.10 million, Medcity News reported. Ceterix is developing a suturing device designed to help surgeons stitch difficult anatomies while avoiding surrounding tissue, cartilage or adjacent nerves, according to its website.

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