First in Human Trial for Hip Implant; Clinic Start Up Expenses
NCBiotech Grants & Loans
See the full listing of all NCBiotech grants and loans awarded since July 2012.
Organization
Cytex Therapeutics, Inc.
Award Date
Award Amount
250,000
Program Name
Small Business Research Loan
Program Category
Business Financing
Principal Investigator
Christine Estes
Fiscal Year
2022
Region
Research Triangle
Project Description:
Cytex Therapeutics has developed a platform of flexible, bioabsorbable, form fitting joint implants designed to stimulate cellular infiltration and restoration of natural cartilage tissue, bone structure, and joint function. The SRL funds will support reimbursement strategy development, an updated freedom to operate assessment, and first in human clinical site start-up activities for its lead hip implant.