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Orthosensor launches first product

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Orthosensor Inc. has closed $15 million in Series B Preferred Stock Financing, allowing the company to launch a line of intelligent orthopedic devices, including its first product, the Orthosensor Knee Balancer.

According to a company press release, the Knee Balancer allows surgeons to measure soft tissue balance during total knee arthroplasties. The sensors send information about implant fit and knee kinematics to a graphic display to allow adjustments to soft tissue for the proper fit.

“We will utilize these funds to expand the commercial launch of the Knee Balancer and to bring the market the next products in our portfolio of intelligent orthopedic devices,” Jay Pierce, chief executive officer of Orthosensor, stated in the release.