Gyrx LLC Begins $50M Capital Raise

Jacksonville Business Journal -- A Jacksonville-based company that manages the development of medical devices announced Wednesday it is raising $50 million to fund its investment portfolio.

GX Healthcare LLC, manages five surgical development companies and operates through Gyrx LLC, a medical device developer and manufacturer headquartered in Deerwood Park.

Some of the surgical products that have been developed include Pro-Vas, a less invasive alternative to traditional vasectomy; ArthroSteer, steerable instruments for hip arthroscopy; SurgiSteer, laproscopic instruments for computer assisted and single port surgery; ImTac, a fixation device for hernia repair; SpineSteer, instruments for minimally invasive spine surgery; and Procervica, a sensing glove to measure cervical size during pregnancy.