June 26, 2017 11:17 PM ET

Healthcare Equipment and Supplies

Company Overview of Abyrx, Inc.

Company Overview

Abyrx, Inc. develops, manufactures, and distributes therapeutic devices for use during surgical procedures. The company’s portfolio includes putties that stop bone bleeding and two applicator devices. Its technology platforms support bone healing, enable re-approximation of bone surfaces, and deliver drugs to bone. The company was founded in 2013 and is based in Irvington, New York.

1 Bridge Street

Suite 121

Irvington, NY 10533

United States

Founded in 2013

Phone:

914-357-2600

Fax:

914-231-7884

Key Executives for Abyrx, Inc.

Chief Executive Officer, President and Director
Founder and Chief Scientific Officer
Age: 86
Vice President of Product Development
Vice President of Business Operations
Compensation as of Fiscal Year 2016.

Abyrx, Inc. Key Developments

Abyrx® Announces Expansion of Exclusive, Worldwide License Agreement with Bezwada Biomedical, LLC

Abyrx®, Inc. announced the expansion of its exclusive, worldwide license agreement with Bezwada Biomedical, LLC to include the development, manufacture, and commercialization of Bezwada's proprietary adhesive technology for soft tissue applications. Previously, in 2011, Abyrx and Bezwada announced a similar partnership for hard tissue (bone) applications. With this new partnership, Abyrx gains exclusive access to proprietary materials and manufacturing that it will use to develop products for surgical site hemostasis, sealing, and fixation. In addition to its announcement of the new technology license with Bezwada, Abyrx also announced it recently completed a $10 million equity financing with strong support from inside investors. The new funds will be used to manage the growing demand for Abyrx's bone putty products and to accelerate Abyrx's pipeline development activities.

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Recent Private Companies Transactions

Type
Date
Target
Private Placement
December 6, 2016
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