What is Parametrics Medical?
Parametrics Medical, based in Leander, Texas, is a specialized provider of allograft solutions with a strong emphasis on sports medicine applications. The company distinguishes itself through a variety of advanced processing techniques, including electron beam (Coll-e-Strong), low-dose gamma irradiation (Lo-Rad), and aseptic Non-Irradiated (No-Rad) methods. Ensuring the highest standards of safety and efficacy, Parametrics Medical sources all its allografts from rigorously screened donors within the United States and adheres to the stringent guidelines set by the American Association of Tissue Banks (AATB). Their mission is to offer surgeons and patients unparalleled availability of allografts across all processing and preservation techniques, prioritizing service, safety, and efficacy.
How much funding has Parametrics Medical raised?
Parametrics Medical has raised a total of $150K across 1 funding round:
Debt
$150K
Debt (2020): $150K with participation from PPP
Key Investors in Parametrics Medical
PPP
Public-Private Partnership
What's next for Parametrics Medical?
With its recent large-scale late-stage funding, Parametrics Medical is poised for significant expansion. This strategic capital infusion is expected to fuel advancements in processing technologies, enhance manufacturing capabilities, and broaden the company's market penetration in the competitive sports medicine landscape. The focus on diverse processing methods and stringent quality control suggests a strategy aimed at capturing a larger share of the allograft market by catering to a wider range of surgical needs and preferences. Future growth will likely involve strategic partnerships and continued innovation in allograft solutions.
See full Parametrics Medical company page
