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Simple orthopaedic power tools that save cost for hospitals

Website
Location
Company size
11-50 people
Total raised
$5.1M
Company type
Healthcare Technology
Markets
HealthcareMedical DevicesEmerging MarketsVeterinaryImpact InvestingMilitary Deployment
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Simple orthopaedic power tools that save cost for hospitals
Arbutus Medical’s purpose is to develop a portfolio of frugal innovations that save costs for hospitals and improve access to orthopaedic surgery for 5 million patients by 2030.

The company's flagship product is a novel orthopaedic power tool system (the DrillCover platform) that costs 30x less than competitors.

Arbutus launched its DrillCover in late 2016, focused on low-income countries for 2 years, then pivoted and validated fit in veterinary medicine (62% YoY growth), military field medicine (sales to US and Canadian militaries), and US Trauma Centers. Arbutus has enabled 58,000 surgeries to date.
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Lawrence Buchan

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Co-founder & CEO at Arbutus Medical. Biomedical engineering background (MASc in orthopaedic biomechanics, UBC). Also sit on 3 advisory boards.

Michael Cancilla

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Elise Huisman

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Total raised

$5.1M

Funded over

3 rounds

Latest round

Seed (Jun 2020)

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