ApiFix

Minimally Invasive Scoliosis Treatment

Startup

ApiFix is a Yokne'am Illit-based startup in the Health Tech & Life Sciences sector, established in 2011. Minimally Invasive Scoliosis Treatment. The company has raised a total of $8M across 3 funding rounds, currently at the Acquired stage. ApiFix was founded by Yizhar Floman and Uri Arnin. Key investors include The Trendlines Group, B. Braun Melsungen AG. The company has 11-50 employees.

With $8M in total funding, ApiFix is a Acquired-stage company operating in Health Tech & Life Sciences. The company follows a B2B business model. Product stage: Released. The company holds 1 patent. ApiFix has been acquired.

$8M
Raised
3
Rounds
2
Investors
4
Team
2011
Founded
1
Patents
Sector & Technology
Health Tech & Life SciencesMedical DevicesMedical Treatment & Therapeutics
At a Glance
Investors
Founders
In the News

17 articles covered by sources including finance.yahoo.com, en.globes.co.il, medtechinnovator.org, www.businesswire.com, www.marketwatch.com.

finance.yahoo.com · Apr 12, 2022
OrthoPediatrics Spotlights Award-Winning ApiFix® Technology at IMAST
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Frequently Asked Questions
What does ApiFix do?

ApiFix provides a minimally invasive scoliosis correction system for treating patients with adolescent idiopathic scoliosis whoare classified as Lenke type 1 or type 5 with a Cobb angle of 40 to 60 degrees. Unlike traditional scoliosis correction procedures,which tryto fix the deformity in one aggressive and complex operation, the ApiFix system is based on a minimal surgical intervention and a correction process that spans several months and incorporates the aid of physical therapy. The ApiFix Internal Brace System is attached to the spine viatwo pedicle screws that are inserted on both sides of the apex of the major curve. The incision is approximately 10 cm long, and the procedure takes about one hour. The expandable rod located between the two screws incorporates a miniature ratchet mechanism that captures incremental deformity corrections while the patient performs side-bending exercises to the corrective direction at home for six months after the operation. In August 2019, the company received approval from the US Food and Drug Administration via a humanitarian device exemption to market the minimally invasive deformity correction system for the treatment of progressive adolescent idiopathic scoliosis.

How much funding has ApiFix raised?

ApiFix has raised $8M in total funding across 3 rounds. The company is currently at the Acquired stage. Key investors include The Trendlines Group, B. Braun Melsungen AG.

Who founded ApiFix?

ApiFix was founded in 2011 by Yizhar Floman (Founder), Uri Arnin (Founder & CTO).

What sector is ApiFix in?

ApiFix operates in Health Tech & Life Sciences, Medical Devices, Medical Treatment & Therapeutics. Target customers: Healthcare & Life Sciences, Healthcare, Providers, Patients.

Where is ApiFix located?

ApiFix is based in HaCarmel St 1, Yokne'am Illit, Israel, North District. The company also has offices abroad.

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