ApiFix
Minimally Invasive Scoliosis Treatment
Startup Acquired Health Tech & Life Sciences Est. 2011 Acquired
Total Raised
$8M
Acquired
Last Round
$5M
3 rounds
Investors
2
2 public
Team
4
11-50 employees
Confidence
92/100
News
17
articles
Patents
1
About
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.
Classification
Sector
Health Tech & Life SciencesMedical DevicesMedical Treatment & Therapeutics
Target Customer
Healthcare & Life SciencesHealthcareProvidersPatients
Business Model
B2B
Tags
minimally-invasivesurgerymedical-devicessurgeonsorthopedicshealthcare-providersclinicshospitalspediatricsmedical-products
Funding & Events
Mar 2013
A Round $3M
Mar 2011
Seed Undisclosed
Apr 2020
Exit $67M
Apr 2019
B Round $5M
The Trendlines Group, B. Braun Melsungen AG
News (17)
Apr 12, 2022 · finance.yahoo.com
growth-positive
OrthoPediatrics Spotlights Award-Winning ApiFix® Technology at IMAST
PartnersExpand
Apr 2, 2020 · en.globes.co.il
growth-positive
OrthoPediatrics buys Israeli co ApiFix for at least $67m
Acquisition
Dec 1, 2019 · medtechinnovator.org
growth-positive
FDA approves ApiFix MID-C system for progressive AIS - MedTech Innovator
CustomersPartners
Aug 27, 2019 · www.businesswire.com
ApiFix Receives FDA Approval to Commercialize MID-C System for Motion-Preserving Deformity Treatment of Progressive Idiopathic Scoliosis in Adolescents
Apr 23, 2019 · www.businesswire.com
ApiFix Completes Financing to Prepare for Commercial Efforts in the United States
Oct 2, 2018 · www.marketwatch.com
https://www.marketwatch.com/press-release/apifix-surpasses-250-scoliosis-patients-treated-and-six-year-follow-up-of-earliest-cases-2018-10-02
Jul 30, 2018 · www.beckersspine.com
growth-positive
Canadian surgeon performs 1st ApiFix scoliosis surgery in North America: 4 key insights
Customers
Jul 25, 2018 · www.cbc.ca
growth-positive
Ontario teen has 'no more pain' after new scoliosis surgery, but Halifax surgeon urges caution CBC News
Customers
Jan 2, 2018 · www.orthospinenews.com
growth-positive
ApiFix Ltd. Announces New Leadership - Ortho Spine News
Management Changes
Sep 5, 2017 · www.prnewswire.com
growth-positive
ApiFix Signs Distribution Agreement in Canada;Completes First Cases in North America at IWK Health Centre Hospital, Halifax
Partners
Aug 8, 2017 · www.orthospinenews.com
growth-positive
The ApiFix Spinal Implant Receives TGA Certification - Ortho Spine News
Partners
Jul 18, 2017 · www.prnewswire.com
growth-positive
ApiFix Closes Spanish Distribution Deal with Acuna-Fombona
Partners
Jan 7, 2017 · www.israel21c.org
growth-positive
Scoliosis correction for kids just got much less invasive
CustomersInvestment
Nov 28, 2016 · www.globes.co.il
growth-positive
Israeli spinal implant co ApiFix raises $5m
Investment
Sep 27, 2016 · spinalnewsinternational.com
growth-positive
ApiFix system reaches 100-patient milestone - Spinal News International
CustomersExpand
Jul 27, 2015 · www.haaretz.com
growth-positive
Startup invents ratchet to correct adolescent scoliosis
Customers
Feb 15, 2013 · www.medgadget.com
growth-positive
ApiFix Scoliosis Correction Ratchet Gets EU CE Mark (w/video)
Customers
Details
Product Stage
Released
Employees
11-50
Exact Count
11
District
North District
Founded
2011
Registrar
514584747
Crunchbase
apifix
Locations
HaCarmel St 1, Yokne'am Illit, Israel
2850 Frontier Dr, Warsaw, IN 46582, USA
Links
Website
LinkedIn
Twitter
Facebook
Admin
Last Update
Sep 7, 2024
Verified by
Yanina Wainscheinker
Missing
markets, not claimed
Team (4)
Yizhar Floman
Founder
Founder
Uri Arnin
Founder & CTO
Founder
Daphna Zaaroor Regev
Global Scientific and Clinical Affairs Director
Adi Toister
General Manager & CFO
Internal
Created by
Arielle Smolin (ari.smolin@gmail.com)
Created
2014-07-17T00:00:00.000Z
Last editor
Yanina Wainscheinker (yanina.wainscheinker@sncentral.org)
Status
Acquired by Orthopediatrics on Apr, 2020