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Stryker acquires U Colorado-Denver start-up for novel hip distraction technology


By Jesse Schwartz
Published: May 9th, 2018

Stryker, a world-leading medical technology company, has acquired a start-up from the University of Colorado (CU) Denver for its novel hip distraction technology.

Developed by CU professor Omer Mei-Dan, the Pivot Guardian is designed to mitigate groin complications and heel slip associated with hip arthroscopy. Mei-Dan and CU bioengineering chair Robin Shandas worked with CU engineer Jacob Segil and orthopedic device consultant Brett Schumer to launch the start-up MITA around the hip distraction system.

“We built a technical team very quickly to execute on Dr. Mei-Dan’s vision to help his patients, while at the same time building the start-up company to carry the idea into commercial reality,” says Shandas. “The fact that our bioengineering department is located on the CU Anschutz Medical Campus really facilitates such multi-disciplinary interactions.”

Mei-Dan comments, “Having biomedical engineers as in-house partners who can quickly understand the clinical need, assemble a business-savvy technical team and iterate through multiple prototypes efficiently is a huge asset we have here on campus. This great success gives me much confidence for future endeavors.” The terms of the acquisition were not disclosed.

Source: EurekAlert!

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