MINNEAPOLIS--(BUSINESS WIRE)--Conventus Orthopaedics, Inc., has closed on a $10 million credit facility to help fund commercialization of the FDA cleared and CE-marked Conventus DRS™ to treat distal radius fractures and to further accelerate the development and commercialization of new indications for the Conventus platform technology. The credit facility is provided by Oxford Finance LLC and Square 1 Bank. Conventus is a medical device company focused on creating innovative, less invasive solutions to treat a broad range of challenging peri-articular fractures.
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