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Providence Medical Technology Secures $25 Million In Equity Financing

Providence Medical Technology, Inc., an innovator in tissue-sparing surgical equipment and implants for cervical spine fusion surgery, today announced the closing of $25 million in new equity financing. The proceeds of the financing will be used to accelerate commercial expansion and clinical development of its DTRAX® line of cervical fusion instruments designed to help patients suffering from advanced cervical spine conditions.

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Providence Medical Technology Announces FDA 510(k) Clearance for DTRAX® Spinal System

Providence Medical Technology, Inc. today announced it has received 510(k) clearance from the United States Food and Drug Administration (FDA) for its DTRAX® Spinal System to be specifically indicated for use in posterior cervical fusion in patients with cervical degenerative disc disease.

Providence Medical Technology Announces Appointment of US Sales Executive and Publication of Two Additional Clinical Studies

Jeremy Laynor joins Providence as Vice President of US sales. Two new studies published in the Journal of Craniovertebral Junction and Spine further demonstrate the clinical benefits of Providence's unique cervical fusion technology.

Providence Medical Technology Expands Offering of Posterior Cervical Fusion Solutions

Announces FDA Regulatory Clearance for ALLY® Posterior Fixation System.

Providence Medical Technology Announces Publication of Two New Studies Supporting Tissue-Sparing Posterior Cervical Fusion

Multiple independent studies demonstrate the results of Providence's tissue-sparing posterior cervical fusion technology.

Providence Medical Technology Secures New Financing of $10.5 Million From Bridge Bank

Proceeds to further commercialize and expand distribution of cervical fusion technology.

Providence Medical Technology Receives New FDA 510(k) Clearances and Bolsters Executive Management Team

Scott Lynch appointed Vice President of Global Marketing and Michael Scott Vice President of International.

Providence Medical Technology Appoints Gregory Curhan Chief Financial Officer

Mr. Curhan brings extensive experience managing high-performing teams and executing acquisition and public offering transactions.

Providence Medical Technology Announces New Equity Financing Of $10.5 Million

Global Healthcare Investor MVM Life Science Partners Leads Round.

Providence Medical Technology Announces the Publication of a Technique Paper

Providence Medical Technology, Inc., an innovator in tissue-sparing cervical fusion technology, today announced the publication of “Novel instrumentation and technique for tissue sparing posterior cervical fusion” in the Journal of Clinical Neuroscience by Bruce McCormack, MD and Raman Dhawan, MD.

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Our Mission is to establish Circumferential Cervical Fusion (CCF) as the standard of care for high-risk patients.

Copyright © 2025, Providence Medical Technology. All rights reserved.