Colorado spinout Mita has been acquired for an undisclosed sum after developing an orthopaedic device that reduces complications during hip distraction.
Mita, a US-based orthopaedic device spinout from University of Colorado, has been acquired by medical technology developer Stryker for an undisclosed sum.
Founded in 2009, Mita has developed an orthopaedic device for hip distraction, a procedure used to treat arthritis in young people and a condition called avascular necrosis, where bone tissue is killed due to a lack of blood supply. Mita’s device does not feature a perineal post, an element linked to groin-related complications.
Stryker officially launched its own…