Seaside surgeon receives record-breaking venture capital
Congratulations to Seaside surgeon and partner Dr. Steven Goldberg and his team at
Catalyst OrthoScience LLC
for their recent victory in venture capital funding! Their $12.7 million deal is the largest venture capital sum raised for any company headquartered in Naples.
Dr. Goldberg founded Catalyst OrthoScience to bring to market the orthopedic implant he invented, which has been described as a "breakthrough" for shoulder replacement surgery. Used with a new surgical approach that results in less stretching of muscles and ligaments, the Catalyst CSR Shoulder System minimizes the amount of bone removal required during a typical shoulder joint replacement.
The palm-sized Catalyst device is composed of an ultra-high molecular-weight
polyethylene shoulder joint replacement implant and a metal alloy, cobalt-chromium-molybdenum. It more closely replicates the shape of a normal shoulder than do other devices currently on the market. Dr. Goldberg holds several patents for the device, with others pending.
Our surgeons are innovators!