Advertise With UsAdvertise on our extensive network of industry websites and newsletters.
Get the PBR newsletterSign up to our free email to get all the latest PBR
news.GE Healthcare Financial Services has provided a $10 million loan facility to Archus Orthopedics, a developer of reconstructive implants to treat spinal disorders.
Subscribe to our email newsletter
Archus Orthopedics will use the venture loan to accelerate its growth and clinical development process.
Jim Fitzsimmons, CEO at Archus, said: “GE Healthcare Financial Services’ in-depth knowledge of the life sciences sector and commitment to understanding our needs helped create a financing solution that meets both our short- and long-term capital needs. Through GE’s support, we will be able to enhance our position in this highly competitive marketplace.”