Small Bone Innovations (SBI), a US-based orthopedic company treating the small bones and joints, adds Olympus' $12m.

Olympus, a Japan-based medical and information technology company, has invested $12m in Small Bone Innovations (SBI), a US-based orthopedic company treating the small bones and joints.

Olympus Terumo Biomaterials, which is two-thirds owned by Olympus and rest by peer Terumo, said after the investment it would exclusively distribute SBI products in Japan and China.

Tsuyoshi Kikukawa, president of Olympus, said: "Olympus recognizes the need to satisfy a universal desire amongst our aging populations to maintain an active lifestyle.  Our investment…