Johnson & Johnson Invests in Israeli Startup Developing Orthopedic Brace
The self-adjusting brace is being designed to help with bone lengthening, setting complex fractures, and correcting deformities
16:1323.07.18
A group of investors led by Johnson & Johnson have provided $3 million in funding to OrthoSpin Ltd., an Israel-based startup developing an auto-adjusting orthopedic brace, according to an announcement released Monday.
OrthoSpin promises to create a system that tunes the brace’s position according to instructions pre-programmed by an orthopedist. The product would reduce the number of patient visits in the course of recovery and allow the doctor to monitor progress remotely.
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The electric brace is being designed to help with bone lengthening, setting complex fractures, and correcting deformities. Medical treatment in these cases has typically required the use of a brace that is adjusted manually by a doctor.
OrthoSpin CEO Oren Cohen. Photo: Trendlines
Founded in 2014, the startup grew out of the tech incubator run by Trendlines Group Ltd. in Galilee region of northern Israel.