"The investment in Avenir Medical Inc. is one of two recently made by the Georgian Angel Network (GAN) in the medical technology sector, and represents a significant step forward in financing the commercialization of Avenir's PelvAssist technology. We are extremely pleased to be involved with this energetic and entrepreneurial management team, and look forward to working with them in meeting their future financing requirements," states Sandy Robertson, founder and managing director of GAN.
"We are excited about the investment made by accredited angels from GAN" says Armen Bakirtzian, co-founder and CEO of Avenir Medical lnc. "This funding will support the continued development of PelvAssist, a novel medical device aimed to assist orthopaedic surgeons deliver a superior quality of care to their patients while reducing the incidences of surgical error."
Latest from Today's Medical Developments
- NextDent 300 MultiJet printer delivers a “Coming of Age for Digital Dentistry” at Evolution Dental Solutions
- Get recognized for bringing manufacturing back to North America
- Adaptive Coolant Flow improves energy efficiency
- VOLTAS opens coworking space for medical device manufacturers
- MEMS accelerometer for medical implants, wearables
- The compact, complex capabilities of photochemical etching
- Moticont introduces compact, linear voice coil motor
- Manufacturing technology orders reach record high in December 2025