CartiHeal
Cell-free Cartilage Regeneration
Startup Acquired Health Tech & Life Sciences Est. 2009 Acquired
Total Raised
$74M
Acquired
Last Round
$15M
7 rounds
Investors
8
8 public
Team
2
11-50 employees
Confidence
89/100
News
30
articles
Patents
1
About
CartiHeal develops proprietary implants for the treatment of cartilage and osteochondral defects in traumatic and osteoarthritic joints. CartiHeal's cell-free, off-the-shelf implant, Agili-C, is CE marked for use in cartilage and osteochondral defects. Agili-C is a rigid, biphasic, biodegradable implant. The bone phase of the implant is composed of calcium carbonate in aragonite crystalline form, a well-known biomaterial that enhances bone formation. The cartilage phase is a composite of modified aragonite and hyaluronic acid. Agili-C has been implanted in over 400 patients with cartilage lesions in the knee, ankle, and big toe in a series of trials conducted in leading centers in Europe and Israel. In these trials, the implant was used to treat a broad spectrum of cartilage lesions, from single focal lesions to multiple and large defects in patients suffering from osteoarthritis. In October 2020, the the Agili-C implant was granted breakthrough device designation by the US FDA.
Classification
Sector
Health Tech & Life SciencesMedical DevicesMedical Treatment & Therapeutics
Core Technology
Materials & SubstancesImplants
Target Customer
Healthcare & Life SciencesHealthcareProviders
Business Model
B2B
Tags
rehabilitationbiodegradableminimally-invasivemedical-technologiesosteoarthritisregenerative-medicineorthopedics
Funding & Events
Oct 2013
C Round $5M
Access Medical Ventures, Elron Ventures, Accelmed
Nov 2023
Exit $330M
May 2022
Exit Undisclosed
May 2017
F Round $21M
Peregrine Ventures, Johnson & Johnson Innovation, Elron Ventures, aMoon Fund, Bioventus
Jul 2020
G Round $15M
Bioventus (Lead)
Jul 2012
B Round $10M
Elron Ventures, Accelmed, Access Medical Ventures
Jan 2016
E Round $15M
Peregrine Ventures, Accelmed, Elron Ventures, Johnson & Johnson Innovation, Access Medical Ventures
Feb 2015
D Round $3M
Elron Ventures
Feb 2012
A Round $5M
Accelmed, Incentive, Access Medical Ventures
News (30)
Nov 22, 2023 · www.calcalistech.com
growth-positive
Biomed company CartiHeal acquired by Smith & Nephew for up to $330 million | CTech
AcquisitionInvestmentManagement Changes
Jul 26, 2023 · nocamels.com
growth-positive
Israel-Made Healing Knee Implant Used For First Time In US
CustomersExpand
Jul 26, 2023 · www.prnewswire.com
growth-positive
CartiHeal Announces First Commercial Implantation of Agili-C™ in the US
CustomersPartners
Nov 22, 2022 · www.tech12.co.il
growth-negative
הרוכשת של קרטיהיל מזהירה: לא בטוח שנוכל להשלים את...
Acquisition
Jun 20, 2022 · en.globes.co.il
growth-negative
Bioventus to buy CartiHeal despite financing problems
Investment
May 10, 2022 · en.globes.co.il
growth-negative
Elron warns Cartiheal acquisition by Bioventus at risk
Investment
Mar 30, 2022 · www.prnewswire.com
growth-positive
FDA approves CartiHeal's Implant for the Treatment of Cartilage and Osteochondral Defects
Customers
Mar 30, 2022 · en.globes.co.il
growth-positive
$500m CartiHeal sale to go ahead after FDA approval granted
Acquisition
Aug 30, 2021 · en.globes.co.il
growth-positive
Bioventus to exercise option to buy CartiHeal for $500m
Acquisition
Aug 3, 2021 · www.falconnews.net
CartiHeal Announces Pivotal Study Results Demonstrate Agili-C™ Superiority to Microfracture and Debridement for the Treatment of Cartilage and Osteochondral Defects Falcon News
Oct 12, 2020 · www.prnewswire.com
growth-positive
CartiHeal Receives FDA "Breakthrough Device Designation" for the novel Agili-C Implant
InvestmentPartners
Jul 16, 2020 · en.globes.co.il
growth-positive
Bioventus signs option to buy medical device co Cartiheal
InvestmentAcquisition
Feb 26, 2020 · www.calcalistech.com
growth-positive
Biomed Company CartiHeal Considers a Nasdaq IPO
Investment
Dec 9, 2019 · www.prnewswire.com
growth-positive
CartiHeal Announces Positive Interim Analysis Results of Agili-C™ IDE Study
Customers
Oct 15, 2019 · www.prnewswire.com
growth-positive
CartiHeal Performs First Agili-C™ Cartilage Repair Implantation Procedure in Maryland
Customers
Aug 27, 2019 · www.prnewswire.com
growth-positive
CartiHeal Performs First Agili-C™ Cartilage Repair Implantation Procedure in Texas
Customers
Aug 7, 2019 · www.prnewswire.com
growth-positive
CartiHeal Performs First Agili-C™ Cartilage Repair Implantation Procedures at Hospital for Special Surgery (HSS), New York, NY
Customers
Jun 12, 2019 · www.prnewswire.com
growth-positive
CartiHeal Enrolls the 200th Patient in Its Pivotal Clinical Study in San Diego, CA
CustomersPartners
May 30, 2019 · www.prnewswire.com
growth-positive
CartiHeal's Agili-C™ Implant Enhances In-vitro Osteogenic Differentiation of Human Bone Marrow-derived Mesenchymal Stem Cells
PartnersCustomers
May 6, 2019 · www.prnewswire.com
growth-positive
CartiHeal Performs First Agili-C™ Cartilage Repair Implantation Procedures in the US West Coast
Customers
+ 10 more articles
Details
Product Stage
Clinical Trial
Employees
11-50
Exact Count
18
District
Center District
Founded
2009
Registrar
514279645
Crunchbase
cartiheal
Locations
Atir Yeda Street 17, Kefar Sava, Israel
3 Reuten Drive, Closter, NJ, USA
Links
Website
LinkedIn
Admin
Last Update
Oct 22, 2024
Verified by
Yanina Wainscheinker
Missing
video or image, markets, not claimed
Team (2)
Nir Altschuler
Founder & CEO
Founder
Amir Goren
VP R&D & Site Manager
Internal
Created by
Rebecca Mack (rebeccamack26@gmail.com)
Created
2014-07-24T00:00:00.000Z
Last editor
Yanina Wainscheinker (yanina.wainscheinker@sncentral.org)
Status
Acquired by Bioventus on May, 2022