ROCKVILLE, MD – JMEA Corp., a medical device company developing and commercializing orthopedic implants, has raised $189,000 of an equity round targeted at $5.25 million, according to a regulatory filing.
The company has patents and pending patents in a variety of orthopedic areas, including sports medicine, the spine, the knee, and bone fixation.
JMEA was founded by orthopedic surgeon and inventor Dr. Mohit Bhatnagar and information technology executive Jack Yeh. Dr. Bhatnagar was a co-founder and former chairman of American OsteoMedix Corp., an orthopedic device company that developed, manufactured, and commercialized a minimally invasive spinal product invented by Dr. Bhatnagar. AOM was sold to Interpore International Inc. (now a part of Biomet Inc.) in 2001. Jack Yeh served as the Chief Information Officer for one of the business areas of a Fortune 100 company.
We’re impressed by the number of Maryland companies that have grabbed funding this year – many of them in the life sciences and medical device sectors.
- NC-based TransS1 names Ken Reali CEO
- Florida-based OrthoSensor nabs $21M for medical devices
- Mako Surgical Sews Up $30 million financing
- Medical device firm nContact implants $4M round
- NC’s OptiVia Medical gets $500,000 of $1.5M round
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