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Active Implants Corp.
Active Implants begins trial of hip implant
May 8th, 2006
Active Implants Corp. (AIC), an early intervention orthopedic implant company, announced it has begun a European clinical trial of an all-polymer hip implant and has raised $10 million to date in a Series A Preferred Stock offering. The low wear, pliable polymer hip implant developed by AIC is an alternative to traditional, rigid metal implants used today for reconstruction of degenerated joints. The AIC hip product is implanted with minimal bone preparation, finger-touch surgical technique and proprietary flexible fixation without cement. "Following several years of research and development, we are pleased to take this important step as a company,"...
Source: Biotech Week (2006-05-08)
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